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RewardStream Solutions Receives Shareholder Approval to Sell Referral and Reward Business
Wednesday, July 4, 2018Company Profile | Follow Company
Vancouver, BC, July 4, 2018--(T-Net)--RewardStream Solutions Inc. (TSXV: REW) has announced that, at the company's recent annual and special general meeting held in June 2018, the shareholders of RewardStream unanimously voted in favour of a special resolution, to reorganize the business and sell the referral and reward business to Buyapowa Ltd.
The Company has also received conditional approval from the TSX Venture Exchange in support of the reorganization and sale.
Closing of the sale is subject to the final approval of the TSX Venture Exchange and is expected to occur in the near future.
About RewardStream Solutions Inc.
RewardStream specializes in the execution of automated referral marketing programs that help brands to acquire, engage, and retain their most valuable stakeholders - customers. By utilizing an innovative blend of marketing insight and proprietary technology, RewardStream turns an existing customer base into a powerful new sales channel for all our clients.
RewardStream delivers a scalable, real-time technology platform as the foundation of our client's referral program. The platform provides customer acquisition programs that deliver new, highly loyal customers at very low cost per acquisition rates. Our award-winning marketing solutions have powered loyalty and referral marketing programs across 39 countries for brands including Boost Mobile, Envision Financial, W Concept, Koodo Mobile and more. For more information please visit www.rewardstream.com.
Contact:
RewardStream Solutions Inc.
Rob Goehring, CEO
(877) 692-0040
Forward-Looking Information
This news release includes certain statements that may be deemed "forward-looking statements". The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.