CALGARY, Alberta, Feb. 08, 2022 (GLOBE NEWSWIRE) -- ApartmentLove Inc. (CSE: APLV) (“ApartmentLove” or the “Company”) a leading provider of online home and apartment rental marketing services to landlords and renters in Canada, the United States, and in 30-countries elsewhere around the world is pleased to announce the closing of its previously announced Convertible Debenture offering having raised $753,000 in cash.
“This Convertible Debenture financing provides us with the capital needed to action our organic growth model and focus our efforts on revenue generation while ensuring our obligations are met and discharged in the ordinary course,” said Trevor Davidson – President & CEO of ApartmentLove. Mr. Davidson added, “As our SEO efforts targeting renters in major US markets materialize into Page 1 positions on Google, having the capital on-hand to make numerous sales hires in each of those respective markets is the fuel needed to ignite our revenue engines. Suffice to say, we are tremendously excited to now bring ApartmentLove.com to market and securing these funds is a major accomplishment in that undertaking.”
Further to the press release issued October 28, 2021, announcing the signing of a non-binding letter of intent to acquire certain assets of Traffic2Revenue LLC dba iLS Network (the “Acquisition”), and the press release issued January 11, 2022, announcing a term debt facility of up to $10,000,000 (the "Loan Facility"); ApartmentLove is pleased to announce the...
Read Full Story: https://stockhouse.com/news/press-releases/2022/02/08/apartmentlove-closes-convertible-debenture-financing-to-fund-seo-sales-and
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.