{"id":415525,"date":"2021-01-14T19:33:09","date_gmt":"2021-01-15T00:33:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415525"},"modified":"2021-01-14T19:33:09","modified_gmt":"2021-01-15T00:33:09","slug":"isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\/","title":{"rendered":"iSIGN Media Announces Closing of the First Tranche of its Previously Announced Private Placement of up to $236,700"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Jan.  14, 2021  (GLOBE NEWSWIRE) &#8212; iSIGN Media Solutions Inc. (\u201ciSIGN\u201d or \u201cCompany\u201d) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that it has closed the first tranche (the \u201c<strong>First Tranche<\/strong>\u201d) of its previously announced non-brokered private placement (\u201c<strong>Placement<\/strong>\u201d) of up to $236,700.<\/p>\n<p align=\"justify\">The Company completed the First Tranche of the Placement for total gross proceeds of $86,700 by issuing 1,734,000 Units (\u201c<strong>Units<\/strong>\u201d) at a price of $0.05 per Unit. Each Unit consists of one Common Share of the Company (each a \u201c<strong>Common Share<\/strong>\u201d, collectively, the \u201c<strong>Common Shares<\/strong>\u201d) and one common share purchase warrant (each warrant referred to herein as a \u201c<strong>Warrant<\/strong>\u201d and collectively, the \u201c<strong>Warrants<\/strong>\u201d). Each Warrant entitles the holder to purchase one Common Share at a price of $0.075 for a period of 24 months from the date of closing. All securities are subject to a four month hold period.\u00a0\u00a0<\/p>\n<p align=\"justify\">The proceeds of the Placement will be for operational purposes.<\/p>\n<p align=\"justify\">\n        <strong>About iSIGN Media<br \/><\/strong>iSIGN, a Canadian company based in Toronto (Richmond Hill), Ontario is a data-focused, software-as-a-service (SaaS) company that is a pioneering leader in the areas of location-based security alert messaging and proximity marketing utilizing Bluetooth\u00ae and Wi-Fi connectivity in complete privacy. Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables the delivery of messages to mobile devices in proximity, with real-time reporting and analytics on a variety of metrics. 2019 winner of Richmond Hill\u2019s Innovator of the Year award. Partners include IBM, Keyser Retail Solutions, Baylor University, Verizon Wireless, TELUS and Mtrex Network Solutions. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O2UG8hPcdw6Vsl0fLDlNoeGqIF_DD2OUKaR1lNYUN9Jb_dtH2jDaHLaeNrsEZwIATJ2ArSrXyA_vJehlOmaJeBPeHixGRZM7CW26RTmlEoE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.isignmedia.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<br \/><\/strong>This news release may include certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with iSIGN Media\u2019s business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions \u201canticipate\u201d, \u201cbelieve\u201d, \u201cplan\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cintend\u201d and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect iSIGN Media\u2019s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. iSIGN Media assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.<\/p>\n<p align=\"justify\">\u00a9 2021 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.<\/p>\n<p>\n        <strong>Company contacts:<\/strong>\n      <\/p>\n<p>Bruce Reilly<br \/>iSIGN Media Solutions Inc.<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3Kd_3ieWX4q7WOo7cituLjpkd0Bt5rhEMhOoU1W4cfWrzRxx4hSI6lWoWUV_bMWiuY1L-JZdllkyDWmuBeqbHE2uMY7Gre3JYjyvW45-7-o=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">bruce@isignmedia.com<\/a><\/p>\n<p align=\"justify\">\n        <em>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 accuracy of this release.<\/em>\n      <\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNjI2MyMzOTIwMjA0IzIxMjQ0NTk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/7c21e268-2b0b-4118-b3df-6257586e97bf\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) &#8212; iSIGN Media Solutions Inc. (\u201ciSIGN\u201d or \u201cCompany\u201d) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that it has closed the first tranche (the \u201cFirst Tranche\u201d) of its previously announced non-brokered private placement (\u201cPlacement\u201d) of up to $236,700. The Company completed the First Tranche of the Placement for total gross proceeds of $86,700 by issuing 1,734,000 Units (\u201cUnits\u201d) at a price of $0.05 per Unit. Each Unit consists of one Common Share of the Company (each a \u201cCommon Share\u201d, collectively, the \u201cCommon Shares\u201d) and one common share purchase warrant (each warrant referred to herein as a \u201cWarrant\u201d and collectively, the \u201cWarrants\u201d). Each Warrant entitles &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;iSIGN Media Announces Closing of the First Tranche of its Previously Announced Private Placement of up to $236,700&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415525","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>iSIGN Media Announces Closing of the First Tranche of its Previously Announced Private Placement of up to $236,700 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"iSIGN Media Announces Closing of the First Tranche of its Previously Announced Private Placement of up to $236,700 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) &#8212; iSIGN Media Solutions Inc. (\u201ciSIGN\u201d or \u201cCompany\u201d) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that it has closed the first tranche (the \u201cFirst Tranche\u201d) of its previously announced non-brokered private placement (\u201cPlacement\u201d) of up to $236,700. The Company completed the First Tranche of the Placement for total gross proceeds of $86,700 by issuing 1,734,000 Units (\u201cUnits\u201d) at a price of $0.05 per Unit. Each Unit consists of one Common Share of the Company (each a \u201cCommon Share\u201d, collectively, the \u201cCommon Shares\u201d) and one common share purchase warrant (each warrant referred to herein as a \u201cWarrant\u201d and collectively, the \u201cWarrants\u201d). Each Warrant entitles &hellip; Continue reading &quot;iSIGN Media Announces Closing of the First Tranche of its Previously Announced Private Placement of up to $236,700&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-15T00:33:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNjI2MyMzOTIwMjA0IzIxMjQ0NTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"iSIGN Media Announces Closing of the First Tranche of its Previously Announced Private Placement of up to $236,700\",\"datePublished\":\"2021-01-15T00:33:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\\\/\"},\"wordCount\":487,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEyNjI2MyMzOTIwMjA0IzIxMjQ0NTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isign-media-announces-closing-of-the-first-tranche-of-its-previously-announced-private-placement-of-up-to-236700\\\/\",\"name\":\"iSIGN Media Announces Closing of the First Tranche of its Previously Announced Private Placement of up to $236,700 - 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(\u201ciSIGN\u201d or \u201cCompany\u201d) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that it has closed the first tranche (the \u201cFirst Tranche\u201d) of its previously announced non-brokered private placement (\u201cPlacement\u201d) of up to $236,700. The Company completed the First Tranche of the Placement for total gross proceeds of $86,700 by issuing 1,734,000 Units (\u201cUnits\u201d) at a price of $0.05 per Unit. Each Unit consists of one Common Share of the Company (each a \u201cCommon Share\u201d, collectively, the \u201cCommon Shares\u201d) and one common share purchase warrant (each warrant referred to herein as a \u201cWarrant\u201d and collectively, the \u201cWarrants\u201d). 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