Calgary, Alberta (FSCwire) - ChitrChatr Communications Inc. (“ChitrChatr”) (www.chitrchatr.com), developer of the Comprehensive Universal Unified Communications Platforms (CUUCP), is pleased to announce that on January 1, 2016 it entered into an amended and restated promissory note (the “Amendment”) with Transglobal Assets Management Incorporated (“Transglobal”) which amends the $2,000,000 promissory note (the “Promissory Note”) between ChitrChatr and Transglobal previously announced on January 21, 2015.
The Amendment provides an extension to the term of the Promissory Note until December 31, 2016, and extends the due date of any interest payments under the Promissory Note to six months subsequent to the accrual date of such interest.
About ChitrChatr
ChitrChatr’s stock trades on 2 markets: in Canada on the Canadian Securities Exchange (CSE) under the trading symbol ‘CHA’, and in Germany on the Frankfurt Stock Exchange (FRA) under the symbol ‘CA9’.
Further information about ChitrChatr may be found on ChitrChatr’s website at www.chitrchatr.com or under its profile at both www.sedar.com and www.thecse.com.
On Behalf of ChitrChatr Communications Inc.
Rahim Mohamed
President & Chief Executive Officer
Phone: 403-605-9429
For further information please Email: contact@chitrchatr.com
Neither the CSE nor the Frankfurt Stock Exchange have reviewed, approved or disapproved the content of this press release.
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the expected business and commencement of trading in the common stock of ChitrChatr. The forward looking information is based on certain key expectations and assumptions made by ChitrChatr’s management. Although ChitrChatr believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because ChitrChatr can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and ChitrChatr disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/chitrchatr01062016.pdfSource: ChitrChatr Communications Inc. (CSE:CHA, OTC Pink:CHICF) http://chitrchatr.com/en/
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