/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
TORONTO, Oct. 16, 2022 /CNW/ – PopReach Corporation (“PopReach” or the “Company“) (TSXV: POPR) (OTCQX: POPRF) announced today that Christopher Locke will step down from his role as President of the Company, effective November 30, 2022, for personal reasons. To help ensure an orderly transition, Mr. Locke has entered into a consulting agreement with the Company beginning on December 1, 2022, to advise on matters related to strategy, corporate development, and PopReach’s portfolio of games. Mr. Locke will continue to serve as a member of Company’s Board of Directors (the “Board“).
“Since we co-founded this business together, Chris has been instrumental in our journey to build PopReach into a multi-platform digital technology company with substantial revenue scale and positive cash flow generation,” said Jon Walsh, CEO of PopReach. “We’re in a great spot today, with a strong portfolio of companies that have the management depth and experience to continue our growth path. Although he’s stepping away from day-to-day duties at PopReach, Chris will continue to play an important role in advising on our strategic direction in a consulting capacity, and as a member of our Board.”
“The critical scale that we envisioned for PopReach is coming together and I’m excited for this next phase of the Company’s growth,” added Christopher Locke. “PopReach is a truly global organization, and working with our talented and diverse group of people has been extremely rewarding. I want to thank Jon, Ted, and the Board, for the trust and support they’ve provided me in order to execute on our shared vision.”
“On behalf of the Board, I would like to thank Chris for his passion, leadership, and tireless dedication to PopReach,” said Ted Hastings, Executive Chairman of PopReach. “He’s led multiple transformative transactions for the Company, and we’re grateful to have his ongoing counsel as we drive our strategy forward.”
Termination of Certain Capital Markets Advisory Agreements
The Company today also announced the termination of its market making services agreement with Independent Trading Group Inc, as disclosed on September 3, 2020, and its investor marketing services agreement with Hybrid Financial Ltd, as disclosed on March 10, 2021. These agreements will end on November 2, 2022, and December 2, 2022, respectively.
About PopReach Corporation
PopReach, a Tier 1 Issuer on the TSX Venture Exchange, with shares also trading on OTCQX® Best Market, is a multi-platform technology company focused on acquiring, optimizing and growing companies and assets that provide services, technology or products within the digital media ecosystem. The Company’s portfolio includes: PopReach Games, a free-to-play mobile game publisher with over 25 games enjoyed by millions of players; notifyAI, a push notification subscription and monetization platform; Q1Media, a digital media advertising services provider; Contobox, an award-winning personalization, eCommerce and creative advertising technology platform; and Ubiquity, data-driven user acquisition and marketing technology consortium.
Additional information about the Company is available at 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.
SOURCE PopReach Corporation
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2022/16/c5851.html
Related Quotes
Audinate Group Limited ( ASX:AD8 ), is not the largest company out there, but it received a lot of attention from a…
Today we will run through one way of estimating the intrinsic value of Event Hospitality & Entertainment Limited…
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the…
If you're looking for a cheaper way to feed your Netflix addiction, the streaming service has a new option available — but you'll have to sit through advertisements to enjoy it. Find…
Tesla (NASDAQ: TSLA) shareholders had a rough day Friday with the stock dropping 7.5%. Last week's plunge dropped Tesla to about 50% of its early January high, and some investors may have decided that was the time to buy. Tesla has already reported that it produced almost 366,000 vehicles in the third quarter, including a record 83,135 from its newly upgraded plant in Shanghai, China.
Growth stocks including MercadoLibre (NASDAQ: MELI), Etsy (NASDAQ: ETSY), and Wayfair (NYSE: W) were flying higher Monday morning as investors reacted to new fiscal policy announcements out of the U.K. and a strong earnings report from Bank of America. Investors were also looking forward to third-quarter earnings reports, which ramp up this week.
Back then, the electric vehicle company was in some serious trouble. Canoo warned investors earlier in 2022 "that there is substantial doubt about the company's ability to continue as a going concern." Canoo has also struggled to meet its production target for 2022.
Shares of Meta Platforms (NASDAQ: META) are rising today, up by 4.9% as of 11:41 a.m. ET. The gains came despite a report from The Wall Street Journal that claimed Meta is falling short of internal company projections for user growth in its metaverse platform, Horizon Worlds. Meta's share price does look a bit oversold after falling 60% year to date.
Not many hedge managers have ignited as much controversy as Cathie Wood. The founder of Ark Invest has built her brand on running against the crowd. From her early embrace of tech stocks to her outspoken political conservatism, Cathie Wood has always been something of a lightning rod. Wood is staking her reputation and fortune on a belief that new technologies, and especially the way that new technologies will interact with each other, are going to completely transform our world. In her view, se
Shares of Roblox (NYSE: RBLX) soared on Monday after the popular video game development company reported encouraging growth metrics for September. As of 1:35 p.m. ET, Roblox's stock price was up more than 22%. Roblox's daily active users (DAUs) jumped 23% year over year to 57.8 million.
Today's Research Daily features the Q3 earnings season scorecard and new research reports on Apple (AAPL), Abbott (ABT) and IBM (IBM) and others.
The 86-year-old investing legend has spoken. You may want to pay attention.
Think price levels will be back to normal soon? Think again.
To get a sense of who is truly in control of QUALCOMM Incorporated ( NASDAQ:QCOM ), it is important to understand the…
Shares of the semiconductor company Nvidia (NASDAQ: NVDA) were jumping this morning on seemingly no company-specific news. Instead, the tech stock is likely moving higher today as investors regained some optimism in the market today, perhaps after two banks beat earnings expectations. As a result, the S&P 500 was up 2.7%, the tech-heavy Nasdaq Composite was up 3.3%, and Nvidia's shares had gained 4.3% as of 10:48 a.m. ET.
Ken Laudan of Buffalo Funds believes Wall Street analysts are wrong about 2023, but that an earnings decline for the S&P 500 will set up a rebound for stocks.
Several popular fintech stocks rose with the broader market Monday after bank earnings continued to come in strong and as the British pound sterling stabilized. Shares of artificial intelligence-powered lender Upstart (NASDAQ: UPST) were trading nearly 2.4% higher as of 12:56 p.m. ET. Meanwhile, digital bank SoFi (NASDAQ: SOFI) was up by more than 5%, and "buy now pay later" company Affirm (NASDAQ: AFRM) was up by roughly 8.5%.
Applied Materials, KLA, Lam Research and ASML Holding are included in this Analyst Blog.
In this article, we discuss 11 best dividend stocks to buy according to Warren Buffett. You can skip our detailed analysis of Buffett’s investment strategies and his fund’s recent developments, and go directly to read 5 Best Dividend Stocks to Buy According to Warren Buffett. As expected, Warren Buffett is using the current market selloff […]
Mawer Investment Management, an investment management firm, published its third-quarter 2022 investor letter – a copy of which can be downloaded here. In its third-quarter letter, the fund mentioned that the valuation correction experienced in 2022 has its benefits in that gravity is being restored to the system and that the probability of a global […]