BeWhere Holdings Inc. Has Closed the Final Tranche of Previously Announced Non-Brokered Private Placement

user October 11, 2017 No Comments BeWhere Press Release, Business update, Financial Information, Raise

Toronto, Ontario (FSCwire) – BeWhere Holdings Inc. (TSXV: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) is pleased to announce that it has closed its final tranche of the non-brokered private placement of Common Shares. The aggregate total of 7,165,000 Common Shares at a price of $0.30 per Common Share have been issued pursuant to the private placement, for total gross proceeds of $2,149,500.

The 1,000,000 Common Shares issued on the final tranche of the private placement are subject to a statutory four month hold period, which expires February 12, 2018. Finders’ fees have been paid in cash in an amount equal to 6% of the gross proceeds from the sale of some of the Common Shares issued on the final tranche of the private placement.

BeWhere Holdings Inc. Has Closed the First Tranche of Previously Announced Non-Brokered Private Placement

user October 6, 2017 No Comments BeWhere Press Release, Business update, Financial Information

Funds to be Used to Accelerate Growth

Toronto, Ontario (FSCwire) – BeWhere Holdings Inc. (TSXV: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) is pleased to announce that it has closed its’ first tranche of the non-brokered private placement of Common Shares by the issuance of 6,165,000 Common Shares at a price of $0.30 per Common Share for gross proceeds of $1,849,500.

The net proceeds of the private placement, plus existing cash and other working capital, will be used, in part, to fund the commercialization of the Company’s new NB-IOT and LTE-M Mobile IOT environmental sensing and asset monitoring solutions and for general working capital purposes. The Company expects to launch the new products and provide them to existing partners and resellers in the fourth quarter.

BeWhere Holdings Inc. Announces an Increase to Its Previously Announced Non-Brokered Private Placement

user September 29, 2017 No Comments BeWhere Press Release, Business update, Financial Information

Toronto, Ontario (FSCwire) – BeWhere Holdings Inc. (TSXV: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) is pleased to announce that, due to unanticipated demand for its non-brokered private placement which was announced September 18, 2017 (the “Offering”), it has decided to increase the offering from 7,000,000 common shares at $0.30 per common shares to 7,165,000 common shares for gross proceeds of $2,149,500.

The increase to the Offering is subject to final TSX Venture Exchange acceptance. The common shares will be subject to a four-month hold period.

The Offering is scheduled to close on October 5, 2017.

BeWhere Holdings Inc. Announces a Non-Brokered Private Placement

user September 18, 2017 No Comments BeWhere Press Release, Business update, Financial Information

Funds Raised to Accelerate Growth

Toronto, Ontario (FSCwire) – BeWhere Holdings Inc. (TSXV: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”) an Industrial Internet of Things (“IIOT”) solutions company announces that it proposes to offer by way of a non-brokered private placement up to 7,000,000 common shares (“Shares”) at a price of $0.30 per common share to raise gross proceeds of up to $2,100,000 (the “Offering”). Finders’ fees will be payable in cash in the amount of 6% of gross proceeds from the sale of common shares sold to subscribers introduced by the finders. The Finders’ fees may be payable on all or portions of the private placement in accordance with policies of the Exchange.

BeWhere Holdings Inc. Reports 2nd Quarter Financial Results, and Provides an Update on the Remainder of 2017

user August 29, 2017 No Comments BeWhere Press Release, Business update, Financial Information

Toronto, Ontario (FSCwire) – (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company” an Industrial Internet of Things (“IIOT”) solutions company that designs and sells hardware with sensors and software applications to track real-time information on movable assets. The company develops mobile applications, middle-ware and cloud based solutions that stand-alone or that can readily integrate with existing software, today announced its financial results for the second quarter ended June 30, 2017.

HUAWEI and BeWhere Canada Develop 1st Canadian Mobile-IoT Sensor

user June 28, 2017 No Comments BeWhere in the News, BeWhere Press Release, Business update

LPWA (NB-IoT, LTE-M) sensor-based applications will be used for smart cities of the future

Toronto, Ontario – ( June 28, 2017) –– HUAWEI, together with BeWhere Inc., a Canadian industrial Internet-of-Things (IoT) solutions company, today announced they will partner to develop Mobile IoT Low Power Wide Area (M-IoT LPWA) (NB-IoT, LTE-M) applications to enable the deployment of smart cities technologies.

This is the first partnership in the Canadian M-IoT ecosystem between a solutions company and HUAWEI to develop viable solutions that utilize the latest technology in M-IoT LPWA. As a global leader in Information and Communication Technology (ICT), HUAWEI encourages industry ecosystem development by seeking out companies such as BeWhere to foster healthy partnerships.

BeWhere Holdings Inc. Announces Company Issues Shares in Consideration of Consulting Companies of Executive Officers Entering Into Consulting Agreements

user June 16, 2017 No Comments BeWhere in the News, BeWhere Press Release, Business update, Financial Information

TORONTO, ONTARIO–(Marketwired – June 16, 2017) – BeWhere Holdings Inc. (TSX VENTURE:BEW)(OTCQB:BEWFF) (the “Company“) announces that the Company has entered into consulting agreements with consulting companies of two executive officers pursuant to which one of the terms is that, in consideration of the consulting companies entering into the consulting agreements, the Company has agreed to issue, in lieu of cash, 250,000 common shares to each consulting company at a deemed issue price of $0.1875 per share for an aggregate amount of $46,875. The consulting companies are owned by Mark Kohler, the Chief Financial Officer and Secretary of the Company, and Gregory Cameron, the Executive Director of the Company.

Bewhere Announces Departure of CFO and Appointment of New CFO and Executive Director

user June 13, 2017 No Comments BeWhere Press Release, Business update

Toronto, Ontario–(Newsfile Corp. – June 13, 2017) – BeWhere Holdings Inc. (TSXV: BEW) (OTCQB: BEWFF) (“BeWhere” or the “Company”) today announced that its Chief Financial Officer, Robert Allen, has resigned his position and Mark W. Kohler, a current member of the board of directors and chairman of the audit committee, has accepted the position on an interim basis effective immediately. Mr. Kohler has also agreed to be the corporate secretary for the Company. Mr. Allan has agreed to assist in a smooth transition of duties to Mr. Kohler.

Bell to Launch LTE-M Network to Transform the Way Canadians Use the Internet of Things

user June 1, 2017 No Comments BeWhere in the News, Business update

- LTE-M technology offers lower costs, longer battery life and better coverage for IoT devices connected to Bell’s leading LTE mobile network

- Bell and Canadian partner BeWhere have successfully demonstrated a new asset tracking solution for emergency workers using LTE-M

- LTE-M will also play a key role in the Innovations in Agriculture IoT program announced by the University of Manitoba and Bell MTS this week

Toronto, Ontario–(Newsfile Corp. – June 1, 2017) – BeWhere Holdings Inc. (TSXV: BEW) (OTCQB: BEWFF) (“BeWhere” or the “Company”) – Bell today announced it will launch an LTE-M (Long Term Evolution, category M1) network to support the rapidly increasing use of Internet of Things (IoT) devices on low-power, wide-area networks (LPWANs) in Canada.

BeWhere Holdings Inc. Reports 1st Quarter Financial Results and Provides 2017 update

user May 24, 2017 No Comments BeWhere Press Release, Business update, Financial Information

TORONTO, ONTARIO–(Marketwired – May 24, 2017) – BeWhere Holdings Inc. (TSX VENTURE:BEW)(OTCQB:BEWFF) (“BeWhere” or the “Company”) a Company that designs and sells patent pending Bluetooth beacons, mobile applications, middle-ware and cloud based solutions when combined, provides users with real-time information on the condition and location of their items in transit or at facilities, today announced its financial results for the first quarter ended March 31, 2017.

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Category: Business update