DeepMarkit Announces Shopify Launch and Revised Private Placement Terms
February 14 2018 - 6:00AM
Not for distribution to United States Newswire
Services or for dissemination in the USA
DeepMarkit Corp.,
(“DeepMarkit” or the
“Company”) (TSX-V:MKT)
(OTCQB:MKTDF) is pleased to announce the launch of our Gamify app
for Shopify and the terms of the Company’s revised private
placement.
DeepMarkit’s Gamify App has been approved and is
now available in the app store for use by over 400,000 Shopify
merchants.
Shopify merchants can now download the app from
the Shopify app store and try it out free for 14 days. Once
installed through a fun and interactive interface merchants can set
up their game and configure how they want it to appear for
customers visiting their online store. The Gamify app is integrated
to work with MailChimp, AWeber and Klavyio email services with
additional integrations to be added in the future. Merchants can
currently select between three games and configure them with
various skins to fit their brand. "We designed the Gamify app to be
a streamlined process for Shopify merchants to leverage the power
of games to convert website traffic visits into customers," stated
Carter Chalmers, Director of Sales and Business Development for
DeepMarkit. "Merchants are already installing our Gamify app and we
are getting great feedback, we even received our first 5-star
review which is pretty exciting."
DeepMarkit will immediately start marketing the
app to Shopify merchants through various channels. "We are
confident that after 14 days of use, any merchants that try Gamify
will see fantastic results, with multiple games and configurable
options Gamify is the future of online traffic conversion,"
continued Carter Chalmers. "We are also excited about our upcoming
release of the Gamify app on other online platforms outside of
Shopify in the coming weeks."
Private Placement
As a result of recent market conditions,
DeepMarkit also announces a revised proposed private placement of
$1,500,000 (the “Private Placement”). Under the revised Private
Placement, which is subject to acceptance by the TSX Venture
Exchange, DeepMarkit intends to issue, pursuant to applicable
exemptions from prospectus requirements of Canadian and United
States securities laws, 30,000,000 Units (the “Units”) at a price
of CAD $0.05 per Unit. Each Unit comprises one common share and one
common share purchase warrant (each a “Warrant”). Each Warrant
entitles the holder to purchase one additional common share of
DeepMarkit at an exercise price of CAD $0.10 for a period of twelve
(12) months from the date of issuance of the Units.
DeepMarkit may pay a finder’s fee of up to 8% in
cash to eligible finders in connection with the issue and sale of
any or all of the Units under the Private Placement. The net
proceeds from the Private Placement will be used to fund continued
development of the DeepMarkit gamification platform and for
marketing the platform.
About DeepMarkit
DeepMarkit is a gamification technology company
inventing new ways to engage consumers and other audiences. The
Company’s proprietary promotions platform enables businesses and
agencies to create branded games that incentivize customers, thus
driving sales, capturing data and generating leads. DeepMarkit
integrates next-gen gamification engagement mechanics with
interactive advertising industry standards to offer marketers an
advanced solution suitable for campaigns of all sizes, targeting
multiple channels on the web, mobile and social media.
DeepMarkit’s suite of HTML5 games and gaming
solutions are designed for e-commerce platforms, social media,
messaging apps, and other online community services. Instant games
can be added to any online environment to encourage usage by
providing a fun way to engage audiences with competitive or
collaborative games. DeepMarkit offers numerous options to monetize
through custom branded games, product placement, corporate
sponsorships and prize and incentive awards.
DeepMarkit’s shares are listed on the TSX
Venture Exchange, trading under the symbol MKT and on the OTCQB
trading under the symbol MKTDF. For additional information or to
try out our games and see the power of the platform, please visit
www.deepmarkit.com
For more information, please contact:
President & CEO Darold H. Parken Tel:
403-537-0067
Email: dparken@deepmarkit.com
DirectorRanjeet SundherEmail:
sundher@deepmarkit.com
Follow us on:
Facebook:
https://www.facebook.com/DeepMarkitCorp
Twitter: https://twitter.com/DeepMarkit
Instagram: https://www.instagram.com/DeepMarkit
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 news release.
CAUTIONARY STATEMENT
Statements in this press release may contain
forward-looking information including, statements regarding the
potential for sales of the Gamify app, the successful integrations
with other platforms; the intention to complete the private
placement; the potential for commercial relationships, sales or the
specific performance of the Company’s products. Any statements that
are contained in this press release that are not statements of
historical fact may be deemed to be forward-looking statements. The
reader is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from
those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the
control of DeepMarkit. Factors that could cause the actual results
to differ materially from those in forward-looking statements
include, failure to conclude binding agreements with customers,
failure to obtain market acceptance of the Company’s products,
inability to complete further development of the products or
business, the failure to raise required additional capital, and
general economic, market or business conditions. The reader is
cautioned not to place undue reliance on any forward-looking
information.
The forward-looking statements contained in this
press release are made as of the date of this press release and
DeepMarkit does not undertake any obligation to update publicly or
to revise any of the included forward-looking statements, whether
as a result of new information, future events or otherwise, except
as required by securities law.
DeepMarkit (TSXV:MKT)
Historical Stock Chart
From Jun 2024 to Jul 2024
DeepMarkit (TSXV:MKT)
Historical Stock Chart
From Jul 2023 to Jul 2024