TORONTO, ON--(Marketwired - April 03, 2017) - Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that the OfferBox is being deployed to the Peeks service. Using the OfferBox technology, users such as brands, influencers, and consumers, can create actionable incentives which can be distributed to their live audiences. The deployment also includes new chat features which allow users to send messages to each other in a private chat setting. The chat will also enable the delivery of offers as well as products or services that have been purchased from broadcasters. The iOS update was submitted to the Apple App Store for approval on March 31, 2017. Due to cross Android and iOS interactions in the service, both the iOS and Android updates will be held until they can be released simultaneously.
The Company also announced that pursuant to the exercising of 1,334,000 warrants at an exercise price of $0.30, it has issued 1,334,000 common shares, including 434,000 common shares issued to Mark Itwaru, the CEO of the Company, resulting in gross proceeds of $400,200 being received by the Company (of which, $130,200 was received from Mr. Itwaru).
The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.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.
The information and statements in this news release contain certain forward-looking information relating to the development, functionality, and deployment of certain functionalities of the Peeks livestreaming services. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Peeks Social Ltd.'s forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Peeks Social Ltd. undertakes no obligation to publicly update or revise any forward-looking information.