Pool Safe Announcing Amendment to Line of Credit and Issuance of Bonus Warrants
Toronto, Ontario--(Newsfile Corp. - June 2, 2025) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that it has entered into an amending agreement with Intrexa Ltd. (the "Lender") to further amend the parties' existing credit agreement (the "Credit Agreement") (the "Amendment"). The Credit Agreement was originally entered into on April 2, 2019, and was subsequently amended on December 17, 2020, May 13, 2022, June 17, 2022, and November 30, 2022.The line of credit...
2025-06-02 4:40 PM EDT
Pool Safe Announces Repayment of Promissory Note and Retirement of Non-Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - May 23, 2025) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that the Company's subsidiary company, 1974134 Ontario Inc. (the "Subsidiary") has repaid in full the $300,000 short-term Promissory Note (the "Promissory Note") and all accrued interest. As previously announced on March 19, 2025, the Promissory Note had a term of 90 days and bore interest rate at an annual rate of 8%.Additionally, the Company announces the issuance of 19,950,000 common...
2025-05-23 4:40 PM EDT
Pool Safe Announces Issuance of Short-Term Promissory Note
Toronto, Ontario--(Newsfile Corp. - March 19, 2025) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that the Company's subsidiary company, 1974134 Ontario Inc. (the "Subsidiary") has entered into an agreement with a Lender (the "Lender") for a short-term Promissory Note (the "Promissory Note") in the amount of $300,000 to the Subsidiary. Pursuant to the Promissory Note, the Subsidiary and the Lender have agreed to a term of 90 days, at an annual interest rate of 8%. ...
2025-03-19 5:00 PM EDT
Pool Safe Announces Appointment of Successor Auditor
Toronto, Ontario--(Newsfile Corp. - February 25, 2025) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces the appointment Horizon Assurance LLC, Chartered Professional Accountants (the "Successor Auditor") as the Company's new independent auditor. This follows the resignation of DNTW Toronto, LLP (the "Former Auditor") due to their own initiative. The partner and lead auditor from the Former Auditor will lead the Successor Auditor's team.The Successor Auditor's appointment has been approved by the Company's board of directors and will...
2025-02-25 4:23 PM EST
Pool Safe Announces Retirement of $790,000 of Non-Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - December 30, 2024) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that the Company has repaid $790,000 in principal and accrued interest on certain non-convertible debentures.Of the total amount repaid, $500,000 relates to non-convertible debentures issued in November 2022 as part of a non-brokered private placement, which raised gross proceeds of $805,000 (the "2022 Debenture Financing"). The remaining $290,000 pertains to non-convertible debentures issued in July 2023 through a subsequent non-brokered private placement, which...
2024-12-30 4:05 PM EST
Pool Safe Announces Debenture and Bonus Warrants Expiry Extension
Toronto, Ontario--(Newsfile Corp. - December 19, 2024) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that it has received conditional approval from the TSX Venture Exchange (the "TSXV") for the extension of the Repayment Day (as defined below) of a senior secured debenture (the "Debenture") in the amount of $500,000 to a certain arm's length party (the "Lender") originally issued as part of a private placement that closed on May 6, 2021 (the "Financing"). The interest...
2024-12-19 9:14 PM EST
Pool Safe Announces Appointment of Successor Auditor
Toronto, Ontario--(Newsfile Corp. - September 27, 2024) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces the appointment DNTW Toronto LLP, Chartered Professional Accountants (the "Successor Auditor") as the Company's new independent auditor. This follows the Company's prior announcement on September 16, 2024, when the Company announced the resignation of Wasserman Ramsay (the "Former Auditor") due to the retirement of Mr. Kevin Ramsay, the principal of the Former Auditor.The Successor Auditor's appointment has been approved by the...
2024-09-27 11:19 AM EDT
Pool Safe Announces Auditors' Retirement
Toronto, Ontario--(Newsfile Corp. - September 16, 2024) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces the resignation of its auditors, Wasserman Ramsay Chartered Professional Accountants ("Wasserman Ramsay"). Wasserman Ramsay resigned on their own initiative, and the board of directors of the Company (the "Board") has accepted the resignation. Pool Safe has not yet appointed a successor auditor, and discussions have been ongoing with potential audit firms to fill the vacancy, as required under National...
2024-09-16 4:00 PM EDT
Pool Safe Announces Signing of Master Service Agreement
Toronto, Ontario--(Newsfile Corp. - March 6, 2024) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that it has signed a Master Service Agreement with an operator of leisure centers across North America. Pool Safe will provide its new partner with 313 LounGenie units across 10 of their U.S. based waterparks. The Company expects to deliver these new units for the start of the 2024 waterpark season.About Pool Safe Inc.Pool Safe Inc. designs, develops and...
2024-03-06 4:30 PM EST
Pool Safe Announces Stock Options Grants
Toronto, Ontario--(Newsfile Corp. - January 25, 2024) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that it has granted 500,000 stock options (the "Options") to a certain director of the Company pursuant to its amended omnibus incentive plan which was approved by the shareholders of the Company on February 28, 2023. This issuance of Options has two separate vesting terms, one half of the Options shall vest immediately, and the other half shall vest one...
2024-01-25 5:00 PM EST
Pool Safe Announces Changes to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - January 23, 2024) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that Mr. Nils Kravis has parted ways with the Company in order to pursue other initiatives. Mr. David Berger, CEO of Pool Safe stated, "I would like to thank Nils for his contributions to the Company and on behalf of the Board we wish him every success in his future endeavours."The Company is pleased to announce that Mr. David Berger...
2024-01-23 5:00 PM EST
Pool Safe Announces Debenture and Bonus Warrants Expiry Extension
Toronto, Ontario--(Newsfile Corp. - December 29, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that, the Company received approval from the TSX Venture Exchange for the extension of the Repayment Day (as defined below) of a senior secured debenture (the "Debenture") in the amount of $500,000 to a certain arm's length party (the "Lender") originally issued as part of a private placement that closed on May 6, 2021 (the "Financing"). The interest on the Debenture accrues at a...
2023-12-29 3:00 PM EST
Pool Safe and Avendra Partner to Supply Loungenie Units
Toronto, Ontario--(Newsfile Corp. - July 26, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that it has been awarded approved supplier status by Avendra FF&E Services, North America's leading hospitality procurement services provider, through its affiliate Avendra Replenishment Group, LLC ("Avendra"). Avendra provides an extensive range of goods and services in support of more that 16,500 hospitality customers."Avendra FF&E Services is excited to bring this innovative, convenient solution and revenue making opportunity...
2023-07-26 8:09 AM EDT
Pool Safe Closes Final Tranche of $1.14 Million Non-Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - July 6, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce the closing of the Third and Final tranche of its previously announced non-brokered debenture financing (the "Debenture Financing"). The Company closed on 50 Debenture Units ("Debenture Units") for gross proceeds of $50,000. For details of the Debenture Financing and capitalized terms used but not defined herein, please refer to the Company's news releases dated April 17, 2023, June...
2023-07-06 5:35 PM EDT
Pool Safe Closes Second Tranche of $1.09 Million Non-Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - June 30, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce the closing of the second tranche of its previously announced non-brokered debenture financing (the "Debenture Financing"). The Company closed on 670 Debenture Units ("Debenture Units") for gross proceeds of $670,000. Under the terms of the Debenture Financing, each Debenture Unit consists of (a) one $1,000 face value debenture ("Debenture"), and (b) 28,500 common share bonus warrants...
2023-06-30 5:30 PM EDT
Pool Safe Announces Upsize of Non-Brokered Debenture Financing
Toronto, Ontario--(Newsfile Corp. - June 27, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce an upsize to the previously announced non-brokered private placement of unsecured convertible debentures ("Debentures Units") at a price of $1,000 per Debenture Unit. The principal sum of the Debentures to be issued is increased from CAD$1,000,000 to up to CAD$1,140,000 (the "Debenture Financing").As previously announced, each Debenture Unit consists of (a) one $1,000 face value debenture ("Debenture"), and...
2023-06-27 7:10 PM EDT
Pool Safe Closes First Tranche of $1 Million Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce the closing of the first tranche of its previously announced non-brokered debenture financing (the "Debenture Financing"). The Company closed on 420 Debenture Units ("Debenture Units") for gross proceeds of $420,000.Under the terms of the Debenture Financing, each Debenture Unit consists of (a) one $1,000 face value debenture ("Debenture"), and (b) 28,500 common share bonus warrants of the...
2023-06-01 9:23 AM EDT
Pool Safe Announces Non-Brokered Debenture Financing
Toronto, Ontario--(Newsfile Corp. - April 17, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce a non-brokered debenture financing (the "Debenture Financing"), under which it intends to sell up to $1,000,000 aggregate principal amount of unsecured and non-convertible debentures ("Debentures Units") at a price of $1,000 per Debenture Unit.Under the terms of the Debenture Financing, each Debenture Unit consists of (a) one $1,000 face value debenture ("Debenture"), and (b) 28,500 common share bonus...
2023-04-17 4:30 PM EDT
Pool Safe Announces Stock Options and RSU Grants
Toronto, Ontario--(Newsfile Corp. - March 22, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that it has granted up to an aggregate amount of 3,400,000 stock options (the "Options") to certain directors, officers, employees, and consultants of the Company pursuant to its amended omnibus incentive plan which was approved by the shareholders of the Company on February 28, 2023. This issuance of Options has two separate vesting terms, one half of the Options shall vest...
2023-03-22 4:15 PM EDT
Pool Safe Inc. Announces Results of Annual General and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that all matters put forward at the Company's Annual General and Special Meeting (the "Meeting") of shareholders of the Company (the "Shareholders") held on February 28, 2023 were duly approved. Details on the voting results are provided below.At the Meeting, a total of 49,157,751 votes were cast, representing 55.09% of the issued and outstanding shares of the Company,...
2023-03-01 9:15 AM EST