(TheNewswire)
TORONTO, Ontario - TheNewswire- January 12, 2024 - Zonetail Inc.(“Zonetail” or the “Company”) (TSXV:ZONE ) ( OTC:ZTLLF), further to its press release of December 29,2023, related to the closing of it private placement, the Company paid eligible finders (“Finders”), all ofwhom are at arm’s length to the Company and its insiders within themeaning of Policy 5.1 of the TSX Venture Exchange (the“Exchange”), cash compensation as finders fees of $4,800 and hasissued an aggregate of 240,000 finders warrants of the Company(“Finders Warrants”). Each Finder Warrant entitles the holder topurchase one Share of the Company at an exercise price of $0.05, for aperiod of thirty-six (36) months from the closing date of theOffering.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
About Zonetail
Zonetail Inc. (TSXV: ZONE, OTCQB: ZTLLF) is a mobileplatform and market network that enables high-rise residents to bettermanage their homes by connecting people to products, amenities andservices?. Our Mission is to provide a state-of-the-art mobileplatform that enables high-rise residents to better manage their homesby connecting people to products, amenities, and services. And ourVision is to build a critical mass of users in the hard-to-reach,high rise residential vertical, through a unique mobile market networkmodel – providing vital information, products, and services at thetap of a screen. We are the search engine to optimize you home.Zonetail also has a partnership with AAHOA, the largest association ofhotels in the world representing approximately 35,000 hotels and 65%of the U.S. hotel market. The Company expects to relaunch its hotelvertical when market conditions within the hotel industry haverebounded after COVID.
Please visit https://www.zonetail.com .
For more information, please contact:
Mark Holmes
President and CEO
Zonetail Inc.
Telephone: (416) 994-5399
Legal Disclaimer and Forward-Looking Statements
This press release contains forward-looking statementsthat relate to Zonetail’s current expectations and views of futureevents. In some cases, these forward-looking statements can beidentified by words or phrases such as “may”, “will”,“expect”, “anticipate”, “aim”, “estimate”,“intend”, “plan”, “seek”, “believe”, “potential”,“continue”, “is/are likely to” or the negative of these terms,or other similar expressions intended to identify forward-lookingstatements. Certain matters discussed in this announcement containstatements, estimates and projections about the growth of Zonetail’sbusiness, potential distribution partnerships and/or clients, andrelated business strategy. Such statements,estimates and projections may constitute forward-looking statementswithin the meaning of the federal securities laws. Factors or eventsthat could cause our actual results to differ may emerge fromtime-to-time. Zonetail undertakes no obligation to publicly update orrevise any forward-looking statements, whether as a result of newinformation, future events or otherwise. The recipient of thisinformation is cautioned not to place undue reliance onforward-looking statements. Forward-looking statements are based oncertain assumptions and analysis made by Zonetail in light of itsexperience and perception of historical trends, current conditions andexpected future developments and other factors Zonetail believes areappropriate, and are subject to risks and uncertainties. AlthoughZonetail believes that the assumptions underlying these statements arereasonable, they may prove to be incorrect. Given these risks,uncertainties and assumptions, prospective purchasers should not placeundue reliance on these forward-looking statements.
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