March 05 / 2024
POOL SAFE ANNOUNCES SIGNING OF MASTERSERVICE AGREEMENT
TORONTO, ON March 05, 2024 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) 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.
December 29 / 2023
POOL SAFE EXTENSION OF THE SR. SECURED DEBENTURE AND BONUS WARRANTS.
TORONTO, ON December 29, 2023 - Pool Safe Inc. (“Pool Safe” or the “Company”) (TSXV: POOL) 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").
July 26 / 2023
POOL SAFE AND AVENDRA PARTNER TO SUPPLY LOUNGENIE UNITS
TORONTO, ON July 26, 2023 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) 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...
July 06 / 2023
POOL SAFE CLOSES FINAL TRANCHE OF $1.14 MILLION NON-CONVERTIBLE DEBENTURE FINANCING
TORONTO, ON July 6, 2023 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce the closing of the Third and Final tranche of its previously announced...
June 27 / 2023
POOL SAFE ANNOUNCES UPSIZE ON NON-BROKERED DEBENTURE FINANCING
TORONTO, ON June 27, 2023 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce an upsize to the previously announced non-brokered private placement of unsecured convertible debentures...
June 01 / 2023
POOL SAFE CLOSES FIRST TRANCHE OF $1 MILLION CONVERTIBLE DEBENTURE FINANCING
TORONTO, ON, June 1, 2023 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce the closing of the first tranche of its previously announced non-brokered debenture financing...
April 17 / 2023
POOL SAFE ANNOUNCES NON-BROKERED DEBENTURE FINANCING
TORONTO, ON November 29, 2021 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce a non-brokered debenture financing (the "Debenture Financing") under which it intends to sell up to $1,000,000...
March 01 / 2023
POOL SAFE INC. ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS
TORONTO, ON March 1, 2023 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that all matters put forward at the Company's Annual General and Special Meeting...
February 23 / 2023
POOL SAFE INC. UNVEILS NEW NAME, LOGO AND WEBSITE FOR LOUNGENIE, A REBRAND OF ITS AWARD-WINNING POOLSAFE PRODUCT
TORONTO, ON February 23, 2023 - Pool Safe Inc. celebrates a new name, logo and website for its popular PoolSafe product. Originally launched in late 2012, the newly rebranded Loungenie...
January 26 / 2023
POOL SAFE ANNOUNCES CLOSING OF DEBT CONVERSION, UPDATE ON DEBENTURE AND BONUS WARRANTS EXPIRY EXTENSION AND RSU GRANT
TORONTO, ON January 27, 2023 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) announces that, further to it's news release dated Dec 29, 2022 (the "Press Release"), the TSX Venture Exchange (the "Exchange") approved...
November 10 / 2022
POOL SAFE CLOSES FINAL TRANCHE OF PREVIOUSLY ANNOUNCED NON-CONVERTIBLE DEBENTURE FINANCING
TORONTO, ON November 10, 2022 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce the closing of the final tranche of the previously announced non-brokered debenture financing ( the "Debenture Financing") up to $1,500,000 of 8% unsecured non-convertible debenture units.…
August 31 / 2022
POOL SAFE CLOSES FIRST TRANCHE OF $1.5 MILLION CONVERTIBLE DEBENTURE FINANCING
TORONTO, ON, August 31, 2022 - Pool Safe Inc. (“Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce the closing of the first tranche of the previously announced non-brokered debenture financing(the “Debenture Financing”) up to $1,500,000 of 8% unsecured convertible debenture units (“Debenture Units”) consisting of the issuance of 675 Debenture Units for gross proceeds of $675,000.00. All dollar amounts referenced in this release are in Canadian dollars.
August 30 / 2022
POOL SAFE GAINS HOSPITALITY VETERAN AS ITS NEW EXECUTIVE CHAIRMAN AND PROVIDES CORPORATE UPDATE
Toronto, Ontario, August 30, 2022 – Pool Safe Inc. (“Pool Safe” or the “Company”) (TSXV: POOL) ispleased to announce that Mr. Nils Kravis has been appointed as Executive Chairman of the Company’sBoard of Directors. Mr. David Berger, former Executive Chairman, will continue in his role as ChiefExecutive Officer and a Director of the Company.
July 13 / 2022
POOL SAFE CONCLUDES SIGNIFICANTLY INCREASED LINE OF CREDIT AT A LOWER INTEREST RATE AND EXTENDED TERM IN ADDITION TO A NON-BROKERED DEBENTURE FINANCING
TORONTO, ON, July 13, 2022 - Pool Safe Inc. (“Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce it has concluded an agreement (the “Amendment”) with Intrexa Ltd. (the “Lender”), to amend the parties’ credit agreement (the “Credit Agreement”), by increasing the line of credit (the “Credit Facility”) to $3.5 million from the current $1 million. The Agreement is at a decreased interest rate of 8% annually from 10% and includes a multi-year term extension. The Credit Agreement, previously announced on April 2, 2019, enabled the Company to access its working capital needs, allowing it to accelerate growth of the Pool Safe product (“PoolSafe Product”).…
August 12 / 2021
POOL SAFE ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
TORONTO, ON August 12, 2021 - Pool Safe Inc. ("Pool Safe” or the “Company”)(TSXV: POOL) announces that Mr. Russel H. McMeekin has resigned from theCompany’s Board of Directors. Mr. David Berger, Chairman & CEO of Pool Safestated, “My fellow Board members and I would like to thank Russ for his dedicationand significant contribution to the Company. We wish him the very best.”
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April 26 / 2021
POOL SAFE ANNOUNCES FINANCING AND CONVERSION OF ALL CONVERTIBLE DEBENTURES AND PROMISSORY NOTE
TORONTO, ON April 26, 2021 - Pool Safe Inc. (“Pool Safe” or the “Company”) (TSXV: POOL) announces that it has entered into agreements (the “Debt Conversion”) with the holders of all outstanding convertible debentures (the “Convertible Debentures”) and a promissory note holder (the “Promissory Note”) to convert the outstanding principal and accrued interest into common shares in the capital of the Company (“Common Shares”) at a deemed price of $0.04 per Common Share for an aggregate of 14,046,510 Common Shares.…
December 17 / 2020
POOL SAFE ANNOUNCES PROPOSED AMENDMENTS TO CREDIT AGREEMENT, CONVERTIBLE DEBENTURES AND PROMISSORY NOTE
TORONTO, ON December 17, 2020 - Pool Safe Inc. ("Pool Safe" or the "Company") (TSXV: POOL) announces that it has entered into agreements (the "Transaction") with the holders of certain promissory notes and convertible debentures to amend the terms of the Company’s promissory note in the principal amount of $67,000 (the "Promissory Note") and convertible debentures in the aggregate principal amount of $460,000 (the "Debentures"). The Company has also entered into an agreement to amend the terms of a credit agreement with Intrexa Ltd. ("Intrexa") for a $1,000,000 revolving credit facility (the "Credit Agreement").…
June 05 / 2019
POOLSAFES NOW AVAILABLE AT NORWEGIAN CRUISE LINE HOLDINGS LTD. RESORT DESTINATION HARVEST CAYE, BELIZE
TORONTO, ON June 5, 2019 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that Norwegian Cruise Line Holdings Ltd. (“Norwegian”) (NYSE: NCLH), a leading global cruise company which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, purchased PoolSafe units for in-service use and evaluation. The PoolSafe units have been delivered to Harvest Caye, Norwegian’s resort-style destination in Belize.…
May 30 / 2019
POOL SAFE PARTNERS WITH THE RAVINE WATERPARK IN CALIFORNIA
TORONTO, ON May 30, 2019 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that it has partnered with The Ravine Waterpark (the “Ravine”) for 20 PoolSafe units under a three-year revenue share partnership.…
May 27 / 2019
MAUI JACK’S WATERPARK PURCHASES POOLSAFE UNITS
TORONTO, ON May 27, 2019 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that it has sold 23 PoolSafe units to Maui Jack’s, a premier waterpark on Chincoteague Island in Virginia.…
May 23 / 2019
POOL SAFE ENTERS THE FLORIDA MARKET WITH THREE REVENUE SHARE PARTNERSHIPS
TORONTO, ON May 23, 2019 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) continues a year of strong development in the Florida market with the announcement that it has signed three outdoor waterparks to the Company’s three-year revenue share partnership, for a total deployment of 83 PoolSafe units.…
April 02 / 2019
POOL SAFE ANNOUNCES TRANSFORMATIVE REVOLVING CREDIT FACILITY
TORONTO, ON, April 2, 2019 - Pool Safe Inc. (“Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce it has completed a credit agreement (“Credit Agreement”) to enable the company to access its working capital needs in order to fulfill growing demand for its PoolSafes.…
March 26 / 2019
POOL SAFE PARTNERS WITH GLOBAL RESORT AND CASINO OPERATOR FOR LAS VEGAS PROPERTY
TORONTO, ON March 26, 2019 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that it has entered into a Revenue Share Partnership with one of Las Vegas’s premier global resort and casino operators.…
October 11 / 2018
POOL SAFE SIGNS FIRST TWO CONTRACTS IN DUBAI
TORONTO, ON October 11, 2018 – Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that Pool Safe MENA DMCC (“PS MENA”), Pool Safe’s sales, marketing and distribution office in Dubai, United Arab Emirates, executed its first two revenue share contracts in the Middle East and North Africa (“MENA”) region.…
October 03 / 2018
MARRIOTT GAYLORD TEXAN RESORT & CONVENTION CENTER PARTNERS WITH POOL SAFE FOR THEIR VIP CABANAS
TORONTO, ON October 3, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that it has been chosen by the Marriott’s Gaylord Texan Resort and Convention Center (the “Gaylord Texan”) as its partner in helping deliver an exceptional guest experience and peace of mind through the utilization of the PoolSafe product.…
September 27 / 2018
POOL SAFE ANNOUNCE INITIAL CLOSING OF PRIVATE PLACEMENT
TORONTO, ON September 27, 2018 – Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) has closed the first tranche of $395,000 of a non-brokered private placement for gross proceeds of up to $1- million through the issuance of seven-cent units.…
August 15 / 2018
POOL SAFE ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
TORONTO, ON August 15, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) announces that Mr. Mohammed Alhadi has resigned from the Company’s Board of Directors. Amongst his many contributions, Mr. Alhadi has been instrumental in the opening of Pool Safe MENA DMCC office in Dubai.…
June 21 / 2018
POOL SAFE ANNOUNCES FINAL CLOSE OF CONVERTIBLE DEBENTURE FINANCING
TORONTO, ON June 21, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) has closed the second and final tranche of $35,000 of its previously announced non-brokered private placement for gross proceeds of up to $200,000 through the issuance of 35 convertible debenture units at a price of $1,000 per convertible debenture unit.…
May 17 / 2018
POOLSAFE PARTNERS WITH COMMERCIAL FUNDING GROUP TO PIVOT THE BUSINESS MODEL TO RECURRING REVENUE
TORONTO, ON May 17, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that it has signed a financing agreement with Commercial Funding Group (“CFG”) which will enable the Company to build, deliver and install its Internet of Things (“IoT”) Connected PoolSafe product with revenue share partners around the world. …
May 01 / 2018
POOL SAFE ANNOUNCES CONVERTIBLE DEBENTURE FINANCING
TORONTO, ON May 1, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce a private placement offering of up to 200 convertible debenture units (the “Convertible Debenture Units”) at a price of $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to $200,000 (the “Private Placement”). Each Convertible Debenture Unit will consist of $1,000 principal amount of 10% unsecured convertible debentures of the Company (the "Convertible Debentures") and 4,545 common share purchase warrants (the “Warrants”) of the Company. Each Warrant will be exercisable to acquire one common share (a "Warrant Share") for a period of two years following the date of closing at an exercise price of $0.15 per Warrant Share, subject to adjustment in certain events.…
April 11 / 2018
POOL SAFE GRANTS STOCK OPTIONS
TORONTO, April 11, 2018 / - The Board of Directors of Pool Safe Inc. ("Pool Safe” or the “Company”) approved the grant of 500,000 stock options to purchase common shares of the Company to certain directors, officers and employees of the Company. The options were issued with an exercise price of $0.11 per share, vest as to one-third (1/3) immediately and 1/3 each on the first and second anniversaries of the date of issuance and have a term of five years. The issuance of the options is subject to all necessary approvals by the TSX Venture Exchange.…
March 14 / 2018
POOL SAFE ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
TORONTO, ON March 14, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) announces that D. Campbell Deacon has resigned from the Company’s Board of Directors for personal reasons. Mr. Deacon has been a key contributor to Pool Safe since he joined the Board of Directors. Mr. David Berger, Chairman & CEO of Pool Safe stated, “I would like to thank Cam for his valuable contributions to the Company and on behalf of the Board we wish him every success in his future endeavours.”…
February 15 / 2018
POOL SAFE AND PARTNER ALAWWAL PROPERTIES OPEN DUBAI OFFICE
TORONTO, ON February 15, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that, further to its press release of August 28, 2017, it has opened a sales, marketing and distribution office in the Jumeirah Lakes Towers (“JLT”) in Dubai, United Arab Emirates with its partner Alawwal Properties Corp. (“Alawwal”).…
February 13 / 2018
POOL SAFE ANNOUNCES INITIAL CLOSING OF CONVERTIBLE DEBENTURE FINANCING
TORONTO, ON February 13, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce the closing of the first tranche of $300,000 of a non-brokered private placement for gross proceeds of up to $500,000 (the “Offering”) through the issuance of $1,000 principal amount convertible debenture units (the “Convertible Debenture Units”). The terms of the Offering remain the same as disclosed in the Company’s news release dated January 23, 2018.…
February 06 / 2018
COWABUNGA BAY WATERPARK PARTNERS WITH POOL SAFE FOR ALL THEIR PRIVATE AND VIP CABANAS
TORONTO, ON February 6, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that it has signed a revenue share agreement with Cowabunga Bay, a premier Las Vegas based waterpark. Under the terms of the agreement, Pool Safe and Cowabunga Bay will enter into a three-year revenue share partnership for 51 PoolSafes.…
January 23 / 2018
POOL SAFE ANNOUNCES CONVERTIBLE DEBENTURE FINANCING
TORONTO, ON January 23, 2018 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce a private placement offering of up to 500 convertible debenture units (the “Convertible Debenture Units”) at a price of $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to $500,000 (the “Private Placement”). Each Convertible Debenture Unit will consist of $1,000 principal amount of 10% unsecured convertible debentures of the Company (the "Convertible Debentures"). The net proceeds received by the Company will be used to finance inventory for the build and delivery of PoolSafes for revenue share partnerships or direct sales, and for working capital and general corporate purposes.…
September 18 / 2017
Pool Safe Inc. and Informed Marketing LLC sign U.S. distribution agreement
TORONTO, September 18, 2017 / - Pool Safe Inc. ("Pool Safe” or the “Company”) is pleased to announce the execution of a Distribution Agreement (the “Agreement”) with Informed Marketing LLC (“IMLLC”). Under the terms of the Agreement, IMLLC will market the PoolSafe product to their established network and relationships within the hospitality industry throughout the United States of America (“U.S.A.”).…
August 28 / 2017
PSI & Alawwal Sign Exclusive Distribution Agreement for MENA.
TORONTO, August 28, 2017 / - Pool Safe Inc. ("Pool Safe” or the “Company”) is pleased to announce the signing of an Exclusive Distribution Agreement (the “Agreement”) with Alawwal Properties Corp. (“Alawwal”).…
June 02 / 2017
PSI Grants Options (PR)
TORONTO, June 2, 2017 / ‐ The Board of Directors of Pool Safe Inc. ("Pool Safe” or the “Company”) approved the grant of 4.1 million stock options to purchase common shares of the Company to certain directors, officers and employees of the Company. The options were issued with an exercise price of $0.11 per share, vest as to one‐third (1/3) immediately and 1/3 each on the first and second anniversaries of the date of issuance and have a term of five years. The issuance of the options is subject to all necessary approvals by the TSX Venture Exchange.…
June 02 / 2017
PSI Retains Frontier (PR)
TORONTO, June 2, 2017 / ‐ Pool Safe Inc. ("Pool Safe” or the “Company”) has engaged FronTier Merchant Capital Group (“FronTier”) to provide the Company with investor relations (“IR”) and marketing services. FronTier is an IR group with a home office in Toronto, Canada. FronTier will assist the Company in increasing market awareness by using a number of financial market communications initiatives, including facilitating in‐person introductions for the Company with institutional and retail brokers in Toronto in addition to other financial centres. FronTier will also assist the Company with media distribution on national television, radio and multiple on‐line channels to achieve greater financial market penetration.…
May 01 / 2017
PSI Engages Mackie (PR)
TORONTO, ON May 1, 2017 - Pool Safe Inc. ("Pool Safe” or the “Company”) (TSXV: POOL) is pleased to announce that, subject to regulatory approval, it has retained Mackie Research Capital Corporation (“Mackie”) to initiate its liquidity services by providing market making to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (the “TSXV”) and other applicable legislation.…
April 19 / 2017
PSI_Pounder Complete QT (PR)
CALGARY, April 19, 2017 /CNW/ - Pool Safe Inc. (NEX: PDR.H) ("Pool Safe" or the "Corporation"), a capital pool company listed on the NEX board (the "NEX") of the TSX Venture Exchange (the "Exchange"), is pleased to announce that it completed its previously announced qualifying transaction (the "Qualifying Transaction") with Pool Safe Inc. ("PSI"). Among the conditions imposed by the Exchange for completion of the Qualifying Transaction was a requirement that the Corporation complete a concurrent financing.…
April 06 / 2017
PSI MENA Distribution Agmt (PR)
CALGARY, April 6, 2017 - Pounder Venture Capital Corp. (NEX: PDR.H, “Pounder”), a capital pool company listed on the NEX board of the TSX Venture Exchange and Pool Safe Inc. ("Pool Safe”) announce that Pool Safe has signed a Preliminary Distribution Agreement (“Agreement”) with Alawwal Properties Corp. (“Alawwal”) for sales and revenue share partnerships, of its PoolSafe product, within the Middle East and North Africa Region (“MENA” or “MENA Region”). In conjunction with the Agreement, Pool Safe is pleased to announce the appointment of Mohammed Yahya A. Alhadi to its Board of Directors.…
March 07 / 2017
PSI Mngmt & BoD Changes(PR)
CALGARY, March __, 2017 - Pounder Venture Capital Corp. ("Pounder") (NEX: PDR.H), a capital pool company listed on the NEX board of the TSX Venture Exchange (the "Exchange") and Pool Safe Inc. ("Pool Safe” or the “Company”) announce the transformation to its Executive Office and Board of Directors.…
December 06 / 2016
PSI_Pounder Update on QT (PR)
CALGARY, December 6, 2016 /CNW/ - Pounder Venture Capital Corp. (NEX: PDR.H) ("Pounder" or the "Corporation"), a capital pool company listed on the NEX board (the "NEX") of the TSX Venture Exchange (the "Exchange"), is pleased to provide an update on its previously-announced proposed business combination with Pool Safe Inc. ("Pool Safe”). The proposed transaction is intended to constitute an arm’s length qualifying transaction (the "Qualifying Transaction") for Pounder, as defined in Policy 2.4 of the Exchange. Upon completion of the Qualifying Transaction and the Private Placement Financing (as defined and described below), it is expected that Pounder will be an Industrial Issuer, subject to Exchange approval.…