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TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Clip Cash Inc. (TSX-V: CLIP) (“Clip” or the “Firm”), an organization that operates a multi-bank self-service deposit system for companies, is happy to announce that’s has entered into an advisory providers settlement with Oak Hill Monetary Inc. (“Oak Hill”) for the aim of facilitating sure investor relations providers to be offered to the Firm by Oak Hill.
Oak Hill relies in Toronto, Ontario and supplies complete investor relations providers to private and non-private firms throughout quite a lot of completely different sectors. Oak Hill might be aiding the Firm with investor outreach and engagement, ongoing identification of recent buyers, and normal advertising and marketing efforts. The preliminary time period of the settlement might be one month commencing on November 7, 2024, and might be renewable for subsequent one-month intervals on the Firm’s discretion.
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Oak Hill is an arms-length celebration to the Firm and doesn’t at present maintain any curiosity within the securities of the Firm (both instantly or not directly) nor does it maintain any rights or choices to accumulate such an curiosity. In consideration of the investor relations providers offered by Oak Hill, the Firm shall make a month-to-month fee to Oak Hill within the quantity of CDN$10,000 plus relevant taxes.
Ahead‐Trying Statements
This information launch could include ahead‐trying statements (throughout the that means of relevant securities legal guidelines) which replicate the Firm’s present expectations concerning future occasions. Ahead-looking statements are recognized by phrases reminiscent of “consider”, “anticipate”, “undertaking”, “count on”, “intend”, “plan”, “will”, “could”, “estimate” and different comparable expressions. These statements are primarily based on the Firm’s expectations, estimates, forecasts and projections and embody, with out limitation, statements concerning the longer term success of the Firm’s enterprise.
The forward-looking statements on this information launch are primarily based on sure assumptions. The forward-looking statements should not ensures of future efficiency and contain dangers and uncertainties which are troublesome to manage or predict. Quite a few elements may trigger precise outcomes to vary materially from the outcomes mentioned within the forward-looking statements. Readers, due to this fact, mustn’t place undue reliance on any such forward-looking statements. Additional, these forward-looking statements are made as of the date of this information launch and, besides as expressly required by relevant regulation, the Firm assumes no obligation to publicly replace or revise any forward-looking assertion, whether or not because of new info, future occasions or in any other case.
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Neither the TSXV nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSXV) accepts accountability for the adequacy or accuracy of this launch.
About Clip Cash Inc.
Clip operates a multi-bank self-service deposit system for companies via its ClipDrop Packing containers that provides customers the potential of creating deposits outdoors of their financial institution department at high retailers and procuring malls. Relatively than having to go to their private financial institution department or utilizing a money pickup service, companies can deposit their money at any ClipDrop Field positioned close to them. After being deposited, the funds will robotically be credited to the enterprise’ checking account, often inside one enterprise day. The Firm combines purposeful {hardware}, an intuitive cell app and an modern cloud-based transaction engine that maximizes enterprise banking transactions. Mixed with cell consumer functions, Clip provides an economical and handy answer for enterprise banking deposits in metropolitan statistical areas throughout Canada and america. For extra details about the Firm, go to www.clipmoney.com.
For additional info, please contact:
Joseph Arrage
Chief Government Officer
tel: 844-593-2547
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