Keek Inc.
TSX VENTURE : KEK
OTCQX : KEEKF

Keek Inc.

November 13, 2014 17:00 ET

Keek Increases Maximum Amount of Secured Notes

NEW YORK, NEW YORK and TORONTO, ONTARIO--(Marketwired - Nov. 13, 2014) - Keek Inc. (TSX VENTURE:KEK)(OTCQX:KEEKF) further to its press releases dated October 28 and November 6, 2014, Keek announced that the Board of Directors has authorized the Company to increase the number of secured notes (Notes) to be issued under its previously announced financing from a maximum of $5 million to a maximum of $7 million.

As previously disclosed, the Notes will bear interest at a rate of 12% per annum, for a term of 12 months, and will be secured over all present and future assets and intangibles of the company. In consideration for the Notes, Keek will issue an aggregate of up to 7 million common share purchase warrants (Warrants). Each Warrant will entitle the holder to purchase one common share of Keek at an exercise price of $0.10 per share at any time up to three years after the date of issue. Keek has received conditional approval for the issuance of the Notes and the Warrants, subject to filing additional documentation in due course. The closing of the first $3 million tranche of Notes occurred on November 5, 2014, and on or more additional closings are expected to occur in November, and in any event prior to December 31, 2014.

About Keek

Keek is a leading mobile video social network with more than 71 million members worldwide. Keek is easy to use, fast and personal. With Keek, members around the world create and interact with videos up to 36 seconds in length and 111 characters of accompanying text, in either public or private views. Keek makes it simple for anyone to instantly create, distribute, discover and react to content in real-time across mobile devices and the web. The Keek app is available in over 190 countries across 6 global regions, and in 36 languages.

Additional investor information can be found at www.sedar.com or by contacting investors@keek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.

Additional investor information can be found at www.sedar.com or by contacting investors@keek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.

Cautionary and Forward-looking Statements - Statements contained in this news release which are not historical facts are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. There is no assurance that forward looking statements such as additional closings of Notes will occur as expected or that the amount will be increased. Readers should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

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