(TheNewswire)
Waterloo, Ontario / TheNewswire / January 5, 2018
- SponsorsOne Inc .
( CSE: SPO ) ( Frankfurt: 5SO
) ( the “Company”) , the Company that has developed the
SponsorsCloud TM platform that allows brands to build authentic and engaged communities around their
products and services, is pleased to announce that i t has completed a
non-brokered private placement for gross proceeds of $105,000 (the “
Offering ”) through the issuance of 2,625,000 units (the “ Units
”) of the Company at a price of $0.04 per Unit . Each Unit is comprised of one common share (a “
Common Share ”) and one common share purchase warrant (a " Warrant
"). Each Warrant entitles the holder thereof to acquire one additional Common Share of the Company at an exercise price
of $0.05 per Common Share for a period of 24 months from the closing of the Offering.
All securities issued are subject to a four month and one day statuary hold period pursuant to
applicable securities laws.
About SponsorsOne:
SponsorsOne is positioned as a leader in the next evolution of social digital marketing with the
SponsorsCloudTM platform and its highly scalable digital – smart contract based currency called xCredit. Combined, this
allows Brands to build and manage their own proprietary and highly engaged digital ad networks within the social realm. The
SponsorsCloudTM platform allows for data driven marketing campaigns that will change the way brands connect to their customers and
compensate the consumer for authentic engagement using the xCredit digital currency. SponsorsCloudTM is a tool for brands to
inspire real movements around their products and services in which their most valuable customers become their best salespeople,
producing far greater ROI than current social media advertising methods.
SponsorsOne is the creator of a proprietary Social Sponsorship Digital Currency that gives consumers real
compensation for their authentic social media engagement (blogs, videos, tweets, pins and posts) along with a Social Marketplace to
exchange their social currency for products and services with the brands they love. SponsorsCloud will operate the currency
exchange and the settlement for each currency transaction surrounding the xCredit.
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
(647) 400-6977
To learn more please visit http://sponsorsone.com
Or http://www.sponsorsone.com/de/
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accept responsibility for the adequacy or accuracy of this news release.
This news release may contain forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent
risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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