BlueRush Elects to Convert Convertible Debentures
November 01 2023 - 10:17AM
BlueRush Inc. ("
BlueRush" or the
"
Company") (TSXV:BTV; OTCQB:BTVRF), a
pioneering personalized video Software as a Service
("
SaaS") company, announces its election to
convert $750,000 of principal under two convertible debentures
issued in 2018 held by arm’s length lenders. Under the terms of the
convertible debentures the Company had the option to convert
principal on the maturity date (October 31, 2023). Accordingly, the
Company has issued an aggregate of 1,428,573 in satisfaction of the
$750,000 of principal due to the two lenders on today’s maturity
date. The shares issuable are no subject to any statutory hold
periods.
About BlueRush
BlueRush develops and markets IndiVideo®, a
disruptive, award-winning interactive personalized video platform
that drives return on investment throughout the customer lifecycle,
from increased conversions to more engaging statements and customer
care. IndiVideo® enables BlueRush clients to capture knowledge and
data from their customers' video interaction, creating new and
compelling data driven customer insights. For more information
about IndiVideo® and BlueRush
visit https://www.bluerush.com.
To sign up for the waitlists, visit
https://www.bluerush.com/individeo-ai-powered-video/
Neither 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.
For further information please contact:
Steve TaylorChief Executive OfficerBlueRush
Inc.Tel: 416-457-9391Email: steve.taylor@bluerush.com
Kendra BorutskiDirector of MarketingBlueRush
Inc.Email: kendra.borutski@bluerush.com
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