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Datable Technology Announces Completion of Private Placement of Units

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Datable Technology Corp. (TSXV: DAC) (OTCQB: TTMZF) (the “Company” or “DTC”), formerly 3TL Technologies Corp., announces, further to its news release dated May 27, 2019, that it has today closed its non-brokered private placement of 6,754,000 units of the Company (the “Units“) at $0.08 per Unit for gross proceeds of $540,320 (the “Offering“).

Each Unit consists of one common share in the capital of the Company (a “Share“) and one-half of a Share purchase warrant (each whole Share purchase warrant, a “Warrant“).  Each Warrant entitles the holder to purchase one additional Share (a “Warrant Share“) at a price of $0.15 per Warrant Share until May 30, 2021.

The net proceeds of the Offering will be used for sales and marketing, product development and for working capital.

The Company paid an eligible finder a cash commission in the aggregate amount of approximately $3,824 on the Offering within the amount permitted by the policies of the TSX Venture Exchange.

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In addition, 398,400 Units were issued to an eligible finder along with 398,400 non-transferable finder’s warrants (the “Finder’s Warrants“).  Each Finder’s Warrant entitles the holder to purchase one additional Share (a “Finder’s Warrant Share“) at a price of $0.15 per Finder’s Warrant Share until May 30, 2021.  Another eligible finder also received 45,045 Finder’s Warrants.

Kim Oishi, Executive Chairman of the Company, subscribed to 3,672,750 Units which participation is considered as a “related party transaction” as such term is defined by Multilateral Instrument 61‐101 – Protection of Minority Security Holders in Special Transactions (“MI 61101“).  The Company is relying on an exemption from the requirement to obtain formal valuation and minority shareholder approval as the fair market value of the participation in the Offering by Mr. Oishi does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61‐101.

All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States.  Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

 

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SOURCE Datable Technology Corp.

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Casino Kings Knocks Out Partnership with Boxing Powerhouse BoxNation

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Two titans of entertainment are joining forces! UK-licensed casino and sportsbook, Casino Kings, and the legendary boxing platform, BoxNation, have announced a dynamic new partnership, set to deliver a knockout blow of exclusive content, promotions and responsible betting experiences for fans. Becoming their official boxing betting partner, Casino Kings is stepping into the ring with one of the most respected names in the fight game, promising fans a ringside seat to even better betting.

This isn’t just a bell ringing for another sponsorship deal; it’s a knockout partnership designed to bring you closer to the action than ever before. Casino Kings branding will be engrained into the boxing industry, prominent across BoxNation’s popular YouTube channel through branding and content, where the biggest names and personalities in boxing step into the spotlight for exclusive interviews.

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Given BoxNation’s powerful presence in the boxing arena and Casino Kings’ reputation as a premier UK online casino and sports betting platform, this partnership is bound to be a knockout you won’t want to miss.

“We’re buzzing to partner with BoxNation—this really puts Casino Kings in the heart of the action.” Says Jack Dunn, COO of Casino Kings. “The team have been absolutely brilliant, and we’re excited to get stuck into some top-tier behind-the-scenes boxing content for the fans!”

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“BoxNation is delighted to announce our partnership with Casino Kings. Casino Kings has a great reputation for delivering sports and entertainment options for users. We look forward to working together with Casino Kings to create a safe and enjoyable experience for fans.” adds Umar Ahmed, BoxNation Channel Lead.

Want to be the first to know? Follow Casino Kings and BoxNation on social media now for instant updates, special offers, and all the ringside action!

About BoxNation:

BoxNation is a dedicated boxing news and media outlet, providing fans exclusive interviews and behind the content featuring the boxing’s biggest names and personalities. With over 95k YouTube subscribers and 50 million plus views, BoxNation is delivering the best boxing content from all around the world. To find out more about BoxNation, visit: www.youtube.com/@BoxNationOfficial

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India’s Fintech Market to Reach $990 Billion by 2032 at 30.2% CAGR – Fintech Firms Eye Untapped Indian Digital Payments Market with Secure, Low-Cost Digital Financial Solutions

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Colb Asset SA Raises $7.3 Million in Oversubscribed Round to Bring Pre-IPO Giants to Blockchain

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