Intema Provides Clarification On Previously Completed Financing
Intema Solutions Inc. ("Intema" or the “Corporation”) (TSXH: ITM) wishes to provide clarification on its
previously issued press release dated March 29, 2019 (the “March 29 Press Release”).
The March 29 Press Release incorrectly stated that the Corporation had completed a non-brokered private placement of 30,000,000
common shares at a price of $0.025 per share for gross proceeds of $750,000, when it should have
stated that the Corporation had completed a non-brokered private placement of 30,000,000 special
warrants at a purchase price of $0.025 per special warrant for gross proceeds of $750,000.
The terms of the Private Placement are the same as those previously announced on September 26, 2018 and February 27, 2019: each
special warrant will be converted into one unit on a pre-consolidation basis, subject to the completion of a share-consolidation of
the Corporation on the basis of one (1) new common share for two (2) old common shares (the “Consolidation”). Should the
Consolidation not be completed, the special warrants will be converted in units on the basis of a price of 0.05$ per unit. Each
unit includes one common share and one underlying warrant. The 30,000,000 special warrants will be converted into 15,000,000
units.
The securities issued under the Private Placement are subject to a four-month hold period from the date of closing. No creditors
of the Corporation have participated in the financing. The net proceeds of the Private Placement will enable Intema to
substantially advance the marketing of its Predictive Marketing Engine, a new technology platform that addresses the specific needs
of predictive marketing.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined on policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Intema Solutions Inc.
Intema Solutions Inc.’s mission is to integrate technologies to marketing. The company develops technologies for marketing and
services related thereto. Its services are predictive marketing, relationship marketing and database marketing. Since 1994, INTEMA
has dedicated its efforts to deliver key solutions to the marketing industry. Amongst its clients are companies of all sizes in
North America. For more information, please visit our website at
www.intema.ca
Caution concerning forward-looking statements
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities
laws that involve risks and uncertainties. Such statements include those with respect to the Corporation's ability to raise funds
under the Private Placement and the Corporation’s new platform. Although the Corporation believes the expectations reflected in
such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be
achieved. Such assumptions, which may prove incorrect, include the following: (i) Intema's management will not identify and pursue
other business objectives using the proceeds of the Private Placement and (ii) no technological, financial or other obstacles will
prevent the Corporation from introducing its new platform in a timely manner or altogether. Factors that could cause actual results
to differ materially from expectations include (i) the Corporation's failure to make effective use of the proceeds of the Private
Placement, (ii) the Corporation's inability to obtain the necessary regulatory approvals for the Private Placement, (iii) the
failure of the Corporation’s technology platform for technical or other reasons, (iv) a deterioration in capital market conditions
that prevents the Corporation from raising the funds it requires on a timely basis and (v) generally, the Corporation's inability
to develop and implement a successful business plan for any reason. These factors and others are more fully discussed in the
Corporation's filings with Canadian securities regulatory authorities available at
www.sedar.com. Actual results may vary from the forward-looking information.
Roger Plourde : +1 514-861-1881
rplourde@intema.ca
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