GLANCE TECHNOLOGIES Forum: Community User: Papiertüte

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GLANCE ANNOUNCES CLOSING OF THE FIRST TRANCHE OF ITS BROKERED PRIVATE PLACEMENT NEW ISSUE On Nov. 29, 2016, Glance Technologies Inc. closed the first tranche of its private-placement new-issue financing announced on Nov. 21, 2016, and brokered by Echelon Wealth Partners Inc. Pursuant to the closing of the first tranche, Glance issued 1,936,219 units at an issue price of 18 cents per unit, with each unit consisting of one common share and one-half of a warrant. Each full warrant entitles the holder to acquire one additional common share at a price of 33 cents, for a period of 24 months. Glance intends to close the second and final tranche of the private-placement new-issue financing on or before Dec. 20, 2016. Glance plans to use the proceeds of the first tranche to finance the continued expansion of its Glance Pay app and for general corporate working capital purposes. The securities issued pursuant to the private-placement new-issue financing are subject to a holding period of four months and one day. About Glance Technologies Glance Technologies owns and operates Glance Pay, a streamlined payment system that allows customers to pay their restaurant bill instantly with their mobile device. Glance Pay is live and accepted in 42 restaurants in the Greater Vancouver region.

GLANCE ANNOUNCES CLOSING OF THE FIRST TRANCHE OF ITS BROKERED PRIVATE PLACEMENT NEW ISSUE On Nov. 29, 2016, Glance Technologies Inc. closed the first tranche of its private-placement new-issue financing announced on Nov. 21, 2016, and brokered by Echelon Wealth Partners Inc. Pursuant to the closing of the first tranche, Glance issued 1,936,219 units at an issue price of 18 cents per unit, with each unit consisting of one common share and one-half of a warrant. Each full warrant entitles the holder to acquire one additional common share at a price of 33 cents, for a period of 24 months. Glance intends to close the second and final tranche of the private-placement new-issue financing on or before Dec. 20, 2016. Glance plans to use the proceeds of the first tranche to finance the continued expansion of its Glance Pay app and for general corporate working capital purposes. The securities issued pursuant to the private-placement new-issue financing are subject to a holding period of four months and one day. About Glance Technologies Glance Technologies owns and operates Glance Pay, a streamlined payment system that allows customers to pay their restaurant bill instantly with their mobile device. Glance Pay is live and accepted in 42 restaurants in the Greater Vancouver region.

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