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Calgary, Alberta, May 20, 2022 (Globe Newswire) – Apartment Love Inc. (CSE: APLV) (“Apartment gain“Or”Institution“), A leading provider of online home and apartment rental marketing services for homeowners and tenants in 30 countries on 5 continents, is pleased to announce that it has closed the first phase of its previously announced non-brokerage to the company’s establishment of 10,000,000 units.”UnitUp to a maximum of 500 1,500,000 for total revenue at $ 0.15 per unit (“Private placement”). Securities issued with private placements are subject to a hold period of four months plus one day as per the applicable securities law.
The first phase of the private placement, which closed today, has 4,633,333 units for a total revenue of 695,000. The company expects to close the rest of the private placement within the next two weeks.
Net income from private placements will be used for general operating cash as the company grows through the acquisition program.
About ApartmentLove Inc
ApartmentLove Inc. (CSE: APLV) is a leading provider of rental marketing services to homeowners and tenants on the Internet. Promoting residential rental properties in every major market in Canada and the United States, ApartmentLove has active rental lists in 30 countries on 5 continents. Proves its ability to scale as a fast-growing technology company in the heat. “ProtechIndustry, ApartmentLove is implementing its organic growth and expansion plans by investing in search engine optimization and other marketing and promotional activities. In addition, ApartmentLove is actively seeking to grow through the acquisition program by purchasing a competitive business that includes many monthly active users, a history of recurring revenue, positive cash flow, and custom technology that accelerates and discourages the rental experience in Canada, USA. And anywhere else in the world.
For more information visit https://apartmentlove.com/investors or contact:
President and CEO
Apartment Love Inc.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release. Some of the information mentioned in this news release may contain expected statements that involve sufficiently known and unknown risks and uncertainties, some of which are beyond the control of the company. Visionary statements are often characterized by the words “plan”, “continue”, “expectation”, “project”, “will”, “belief”, “conjecture”, “conjecture”, “probably”, “will”, and so on. , “Potential”, “proposed” and other similar words, or statements that may “or” be “certain facts or conditions. This and similar statements only predict. Readers are warned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect and, as such, no reliance should be placed on the advance statement. The advance statement included but not limited to the fact that the company successfully closed the remnants of the private placement, successfully executed its organic and growth through acquisition orders and realized the benefits of such orders.
Eyewitness information in this release has been created as of date here. The Company is not obligated to update or correct any prudent information, whether as a result of new information, future events or otherwise, except as required by applicable law. Risk factors can be found in the company’s disclosure document, which has been filed with SEDAR and accessed at www.sedar.com.
ApartmentLove® | The feeling of home