Cambridge House International Inc.

Cambridge House International Inc.
Plus8 Global Ventures, Ltd.
CNSX : PGT

Plus8 Global Ventures, Ltd.

December 09, 2015 09:00 ET

Plus8 Global Ventures Starts Recruiting Vancouver Cyclists as Couriers for ParcelPal Mobile Package Delivery App

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 9, 2015) - The 2016 Cantech Investment Conference, which will take place on Tuesday January 26, 2016 at the Metro Toronto Convention Centre, is pleased to announce the participation of Plus8 Global Ventures Ltd.

Plus8 Global Ventures Ltd. (the "Company"), (CSE:PGT) is pleased to announce the Company's recently acquired peer-to-peer parcel delivery mobile app technology known as "ParcelPal", has engaged in a Facebook advertising campaign targeting Vancouver cyclists seeking part-time or full-time employment picking up and delivering packages from individuals and businesses. In addition to cyclists, ParcelPal is also accepting applications to hire dozens of walkers and drivers throughout the lower mainland. Individuals are able to apply to become a delivery person from the ParcelPal.com website after completing a screening test and providing identification. Once verified, delivery people can engage with customers using the ParcelPal Delivery App. Downtown rush deliveries are expected to cost as little as $4.00 of which 80% is paid to the delivery person bi-weekly by direct deposit.

President and CEO of Plus8 Global Ventures Ltd. Jason Moreau states, "ParcelPal offers customers a quick and affordable method of moving packages throughout the Lower Mainland while providing individuals with employment and supplemental income. The initial results of our Facebook ad campaign have been extremely positive."

The ParcelPal App is compatible with iOS, Android and desktop computers and is intended to connect businesses seeking affordable package delivery for items such as documents from legal firms, stationary, groceries and take-out food. The Company plans to provide same-day delivery of merchandise for leading retailers in major cities Canada-wide starting with Vancouver. The Company also intends to make ParcelPal available in select cities in the United States following the pilot program in Canada.

The Canadian Securities Exchange ("CSE") or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.

CSE - Symbol: PGT

Shares issued: 20,684,850

Web: www.parcelpal.com - www.plus8globalventures.com

ABOUT THE CANTECH INVESTMENT CONFERENCE

Now entering its third year, The Cantech Investment Conference is where Canada's next great technology companies meet the investment community. The conference, brought to you by Cantech Letter and Cambridge House International, attracts public market investors, VCs, angel investors and media to the Metro Toronto Convention Centre for a one-day exhibit and presentation. Past speakers include Chris Hadfield, Sir Terry Matthews, and Dragons' Den star Michael Wekerle. This year's conference takes place January 26. For more information on the conference please visit the following link CambridgeHouse.com.

About Cambridge House International Inc.

Founded in 1995 Cambridge House International Inc. has grown to be the world leader in producing investment conferences held throughout North America. Cambridge House Conferences bring industries together for impactful two-day events where attendance includes novice to expert retail, accredited and institutional investors. The conferences are a monumental place for networking, education and investment discovery.

Forward Looking Information

This news release contains forward looking statements relating to the Proposed Transaction, the Financing, the future potential of ParcelPal and the issuance of common shares to settle certain of the Company's outstanding debts. Forward looking statements are often identified by terms such as "will", "may", "should", "intends", "anticipates", "expects", "plans" and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and failure to find suitable investors for the Financing and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. In addition, the issuance of common shares to settle certain of the Company's outstanding debts remains subject to the approval of the CSE. There can be no assurance that any forward looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to place undue reliance on any forward looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.

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