TORONTO, Aug. 14, 2017 /CNW/ - Redknee Solutions
Inc. ("Redknee" or the "Company") (TSX: RKN) would like to
remind its rights offering (the "Rights Offering") shareholders of
record that the period to exercise the Rights expires at
5:00 p.m. (Toronto time) (the "Expiry Time") on
August 29, 2017 (the "Expiry Date").
Any Rights not exercised on or before the time the Rights expire
will be void and will have no value. Additionally, the deadline for
U.S. holders and other ineligible holders to submit exempt
purchaser status certificates to the rights agent is August 18, 2017.
Further details on the Rights Offering, including eligibility
requirements for shareholders to participate and the procedures to
be followed by shareholders in order to subscribe for Rights, are
included in a rights offering circular (the "Rights Offering
Circular") and rights offering notice (the "Rights Offering
Notice") which were filed with securities regulatory authorities in
each province and territory of Canada on July 26,
2017. A copy of the Rights Offering Circular and Rights
Offering Notice is available on SEDAR at www.sedar.com.
More Information
The completion of the Rights Offering is conditional upon the
satisfaction of certain conditions, including the approval of the
Toronto Stock Exchange.
This news release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
securities in any province, state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such
province, state or jurisdiction.
About Redknee
Redknee monetizes today's digital world for communications
service providers. Our market-leading portfolio of monetization and
subscriber management solutions includes real-time billing,
charging, policy and customer care modules and is available on
premise, cloud-based, or as Software-as-a-Service. With a central
focus on driving customer success, Redknee's products power growth
and innovation for operators globally. Established in 1999, Redknee
Solutions Inc. (TSX: RKN) can be found on the Toronto Stock
Exchange. For more information about Redknee, please go to
www.redknee.com.
SOURCE Redknee Solutions Inc.