BeWhere Holdings Inc. Announces Acceptance of Normal Course Issuer Bid
Toronto, Ontario– (April 30, 2020) – BeWhere Holdings Inc. (TSXV:BEW)(OTCQB:BEWFF) (the “Corporation” or “BeWhere”) announces that it has received acceptance by the TSX Venture Exchange of its previously announced intention to purchase by way of a Normal Course Issuer Bid of up to an aggregate of 4,394,400 of its Common Shares, representing approximately 5% of the issued and outstanding Common Shares of the Corporation. The normal course issuer bid will commence on May 6, 2020 and terminate on May 5, 2021 or the earlier of the date all shares which are subject to the Normal Course Issuer Bid are purchased.
Purchases subject to the Normal Course Issuer Bid will be carried out pursuant to open market transactions through the facilities of the TSX Venture Exchange and the price which the Corporation will pay for the Common Shares acquired by it will be the market price of the Common Shares at the time of acquisition. The Member through which the Normal Course Issuer Bid will be conducted is PI Financial Corp., Vancouver, British Columbia. All Common Shares purchased by BeWhere under the Normal Course Issuer Bid will be cancelled.
BeWhere (TSXV: BEW) (OTCQB: BEWFF) is a Mobile Internet of Things (“M-IoT”) solutions company that designs and sells hardware with sensors and software applications to track real-time information on non-powered fixed and movable assets, as well as monitor environmental conditions. The company develops mobile applications, middle-ware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. BeWhere’ solutions are cutting edge, using the latest available cellular technologies (LTE-M and NB-IoT) and offering customers low-cost sophisticated technology to implement a new level of visibility to their businesses.
Margaux Berry, VP Strategy and Growth
1 (844) 229-4373 x 107
NEITHER THE 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.