Peak Positioning Technologies · ISIN: CA70469M1086

Peak Closes Non-Brokered Private Placement

Montreal, Quebec--(Newsfile Corp. - July 22, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) (OTCQB: PKKFF) ("Peak" or the "Company") today announced that it has sold 50,000,000 units ("Units") for gross proceeds of $1,000,000, representing the first tranche of a non-brokered private placement where the Company will sell a total of up to 100...

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Most recent update: 22.07.2020 | 15:00
22 July 2020 03:00PM
Peak Closes Non-Brokered Private Placement
Montreal, Quebec--(Newsfile Corp. - July 22, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) (OTCQB: PKKFF) ("Peak" or the "Company") today announced that it has sold 50,000,000 units ("Units") for gross proceeds of $1,000,000, representing the first tranche of a non-brokered private placement where the Company will sell a total of up to 100...
15 July 2020 03:00PM
Peak Announces Non-Brokered Private Placement, Consolidation of Shares, and Trading on the OTCQB Venture Market
Montreal, Quebec--(Newsfile Corp. - July 15, 2020) -  Peak Positioning Technologies Inc. (CSE: PKK) (OTCQB: PKKFF) ("Peak" or the "Company") today announced that it intends to complete a non-brokered private placement of up to 100,000,000 units ("Units") for gross proceeds of $2,000,000 ("Offering"). Each Unit will be priced at $0.02 and be co...
29 June 2020 09:00PM
Peak Reports Strong Q1 2020 Results Despite COVID-19 Lockdown
Montreal, Quebec--(Newsfile Corp. - June 29, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced its financial results and operating highlights for the three-month period ended March 31, 2020. All amounts expressed are in Canadian dollars.The first quarter 2020 results, achieved in a total of about a mont...
14 June 2020 09:00PM
Peak Shares to be Listed on OTCQB Exchange in the US
Montreal, Quebec--(Newsfile Corp. - June 14, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that it has begun the process to have its shares listed for trading on the OTCQB stock exchange in the US.Peak's shares are currently listed on the OTC Market's Pink exchange, which provides some measure of li...
11 June 2020 05:32AM
Peak Closes Brokered Private Placement
Montreal, Quebec--(Newsfile Corp. - June 10, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that it has closed a brokered private placement through the sale of 400 units, each priced at $1,000 and comprised of secured corporate bonds and warrants of the Company ("the Offering"), for gross proceeds o...
22 May 2020 12:43AM
Peak Year-End 2019 Audited Financial Results Beat Company Forecasts
Montreal, Quebec--(Newsfile Corp. - May 21, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced its financial results for the year ended December 31, 2019, highlighted by revenue greater than the $9.3M the Company had initially forecasted for the year. All amounts expressed are in Canadian dollars.2019 F...
13 May 2020 03:45AM
Peak Provides Update on Filing of Year-end 2019 Financial Statements
Montreal, Quebec--(Newsfile Corp. - May 12, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that it will file its year-end 2019 financial statements on May 21, 2020 rather than on the previously announced filing date of May 14, 2020.Due to circumstances beyond their control, the Company's auditors ad...
11 May 2020 02:00PM
Peak Subsidiary ASDS Completes Integration of Jinxiaoer Platform into Cubeler Lending Hub
Montreal, Quebec--(Newsfile Corp. - May 11, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that the Company's Asia Synergy Data Solutions ("ASDS") subsidiary completed the integration of the Jinxiaoer brokerage platform into the Cubeler Lending Hub. This milestone will allow the Lending Hub platform...
06 May 2020 04:30AM
Peak Provides Update on Postponement of Financial Statement Filings
Montreal, Quebec--(Newsfile Corp. - May 5, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today clarified the following points related to the news of the postponement of the filing of its year-end 2019 and first quarter 2020 financial statements issued on April 20, 2020.The Company will file its year-end 2019 financ...
30 April 2020 06:15PM
Peak Addresses Shareholder Inquiries About Subscription to Corporate Bond Offering
Montreal, Quebec--(Newsfile Corp. - April 30, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today would like to address inquiries that it has received from several shareholders about the eligibility requirements to take part in the Company's recently announced private placement offering of brokered secured corporat...
27 April 2020 10:15PM
Peak Announces Offering of up to $10M of Brokered Secured Corporate Bonds and Warrants
Montreal, Quebec--(Newsfile Corp. - April 27, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that it intends to complete a brokered private placement of up to 10,000 units (a "Unit") comprised of secured, second ranked, $1,000 face value corporate bonds (the "Bonds") and 200 warrants (the "Warrants")...
20 April 2020 10:45PM
Peak Adds Three New Banks to Its Lending Network; Postpones Financial Statement Filings
Montreal, Quebec--(Newsfile Corp. - April 20, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced the addition of three new banks to its expanding lending network, joining a portfolio of partner financial institutions that provide loan products through its proprietary Jinxiaoer loan brokerage platform.Sh...
06 April 2020 02:30PM
Peak Expands Services to City of Changzhou with New Jinxiaoer Service Centre
Montreal, Quebec--(Newsfile Corp. - April 6, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that the Company's services will now be available to small and medium sized businesses, loan brokers and financial institutions in the city of Changzhou with the arrival of the city's first Jinxiaoer Service...
01 April 2020 02:30PM
Peak Adds New Executive to its Chinese Management Team in Preparation for Service Expansion
Montreal, Quebec--(Newsfile Corp. - April 1, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that it has appointed Mr. John Roumeliotis as Chief Operating Officer of its Jinxiaoer subsidiary and Chief Marketing Officer of Peak China.Mr. Roumeliotis began working with Jinxiaoer as a consultant in Janu...
24 March 2020 01:30PM
Peak Continues Expansion into Shanghai Credit Market with New Service Centre
Montreal, Quebec--(Newsfile Corp. - March 24, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that Li Ying Investment Service Company ("Li Ying"), a Shanghai-based loan broker specialized in real-estate-backed loans, is now a Service Centre of the Company's Jinxiaoer subsidiary.As a Jinxiaoer Service...
19 March 2020 01:30PM
Peak Subsidiary Helps Jiangyin Municipal Government Launch Website to Distribute COVID-19 Financial Aid to SMEs
Montreal, Quebec--(Newsfile Corp. - March 19, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that its Asia Synergy Data Solutions ("ASDS") subsidiary helped the Jiangyin Municipal Government and the Jiangyin Federation of Industry and Commerce launch a new website to distribute financial aid, in the...
16 March 2020 01:30PM
Activity on Peak Loan Brokerage Platform Scales Up in Wake of COVID-19
Montreal, Quebec--(Newsfile Corp. - March 16, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that recent activity on its Jinxiaoer loan brokerage platform has seen a noticeable increase in the last week with an influx of new users and loan requests.Although most businesses in China have now resumed...
12 March 2020 01:00PM
Peak Strategic Partner's Shanghai Branch Becomes Jinxiaoer Service Center
Montreal, Quebec--(Newsfile Corp. - March 12, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that the Shanghai branch of Jiu Dong Ltd. ("Jiu Dong"), the Company's strategic partner and minority owner of its Asia Synergy Financial Capital ("ASFC") subsidiary, has officially become a Jinxiaoer Service...
05 March 2020 02:30PM
Peak Announces Initiation of Research Coverage by eResearch
Montreal, Quebec--(Newsfile Corp. - March 5, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today is pleased to announce that Mr. Chris Thompson, CFA, MBA, P.Eng., Director of Equity Research at eResearch Corporation (www.eresearch.com) ("eResearch") has published an initial research report on the Company.Peak mand...
03 March 2020 02:30PM
Peak Software to be Used to Allocate Government Relief Funds to Coronavirus Affected Businesses
Montreal, Quebec--(Newsfile Corp. - March 3, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that the Company's Cubeler Lending Hub platform will be used to help distribute government relief funds from the Jiangyin Municipal Government and the Jiangyin Federation of Industry and Commerce to the city'...
24 February 2020 02:00PM
Peak Officially Enters Shanghai Credit Market
Montreal, Quebec--(Newsfile Corp. - February 24, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that its Asia Synergy Data Solutions ("ASDS") subsidiary has officially entered the Shanghai credit market through a relationship with the Midai Group (www.midaigroup.com) ("Midai"),a well-established Shan...
20 February 2020 02:00PM
Peak Subsidiaries Resume Operations
Montreal, Quebec--(Newsfile Corp. - February 20, 2020) -   Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that all of its Chinese operating subsidiaries, with the exception of Asia Synergy Supply Chain ("ASSC"), have resumed their operations following the cancellation of government-imposed limitations o...
18 February 2020 10:28PM
Peak CEO Pens Letter to Shareholders Clarifying the Company's 3-Year Forecast Press Release
Montreal, Quebec--(Newsfile Corp. - February 18, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that the Company's CEO wrote the following letter to its shareholders related to the financial forecast published by the Company earlier in the day:Dear shareholders,It is understandable that some confusio...
18 February 2020 02:30PM
Peak Releases Three-Year Forecast Projecting Rapid Growth and Increased Profitability
Montreal, Quebec--(Newsfile Corp. - February 18, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today released its revenue and EBITDA projections for 2020-2022, which are summarized in the table below.202020212022Revenue$40,000,000$55,000,000$80,000,000EBITDA$4,000,000$22,000,000$55,000,000 The projections for...
05 February 2020 11:30PM
Peak Closes Private Placement to Help Fund Acquisition of Jinxiaoer Platform
Montreal, Quebec--(Newsfile Corp. - February 5, 2020) -  Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that it has closed a non-brokered private placement financing consisting in the sale of 14,400,000 units at a price of CAD$0.04 per unit for gross proceeds of CAD$576,000 (the "Financing").Each unit (...
05 February 2020 12:17AM
Peak Releases Outlook for Q1 2020
Montreal, Quebec--(Newsfile Corp. - February 4, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today provides a general outlook for what its shareholders can expect in Q1 2020, based on thorough evaluation of the Company's successes in 2019 as well as near-term plans.Peak concluded 2019 with a total of five subsidi...
10 January 2020 01:30PM
Peak Engages Mackie Research as Financial and Capital Markets Advisor
Montreal, Quebec--(Newsfile Corp. - January 10, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that it has engaged Mackie Research Capital Corporation ("Mackie") as a financial and capital markets advisor to the Company. Under the terms of the four-month service agreement, Mackie will provide Peak...

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