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VANCOUVER, April 26, 2017 /CNW/ - 3tl Technologies Corp.
(TSXV: TTM) (the "Company") announces that it has entered an
agreement ("Settlement Agreement") with an arm's length creditor to
issue shares to settle outstanding debt of $60,000.00. The Company intends to issue
1,200,000 common shares ("Debt Shares") in the share capital of the
Company to be issued at a deemed price of $0.05 (the "Transaction"). The Transaction is
subject to TSX Venture Exchange approval.
The Debt Shares, if issued, will be issued in reliance on
certain prospectus and registration exemptions available under
applicable securities laws and will be subject to a hold period of
four months and one day in accordance with applicable securities
legislations and TSX Venture Exchange requirements.
The Company also announces that Sam
Wang has resigned as the Chief Financial Officer and
Corporate Secretary effective April 30,
2017 and the Company has appointed Leah Rihela as Chief Financial Officer and
Corporate Secretary effective May 1,
2017. "I want to thank Sam for all of his hard work and the
knowledge he brought to the 3tl team. We wish him the best in his
next enterprise," said Rob Craig,
CEO of 3tl. "We are excited to have Leah
Rihela, who was previously our Controller, as our new CFO.
3tl is growing rapidly and we are excited to have Leah continue
with us in this role at such an exciting time."
About 3tl Technologies Corp.
PLATFORM³ is a Software
as a Service (SaaS) consumer marketing platform. It enables
Consumer Packaged Goods (CPG) companies and consumer brands to
engage shoppers through their mobile device and influence their
purchasing decisions. PLATFORM³ encompasses proprietary consumer
engagement strategies and technology modules including optical
character recognition (purchase receipt scanning), digital
promotions, purchase data mining, loyalty and rewards. CPG
companies and major retail brands use PLATFORM³ to influence and
incentivize shoppers to interact with their brand and make
purchases in-store and online.
For more information, visit 3tltechcorp.com. For additional
information about the company please visit www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE 3tl Technologies Corp.