VANCOUVER, BC, May 3, 2021 /CNW/ - Evermount Ventures
Inc. (the "Company") (TSXV: ETV.H), a capital pool
company, is pleased to announce that Video Commerce Group Limited,
the acquisition target of the Company's qualifying transaction,
which offers the UK's first and only free, live-streaming social
commerce app, OOOOO, has partnered up with U.K. fast fashion
retailer I SAW IT FIRST.
I SAW IT FIRST is a U.K. online retailer selling women's
clothes, footwear and "must have" styles and
trends. I SAW IT FIRST is a one-stop-shop for authentic
fashion lovers. From designs made in-house to third-party
brands, I SAW IT FIRST works with some of the biggest players in
the global fashion industry.
The partnership between OOOOO and I SAW IT FIRST aims to
revolutionize how the younger demographic view the fashion
industry, bringing together a successful womenswear ecommerce brand
and first-class technology through the OOOOO platform to deliver a
unique, live-streamed interactive and entertaining shopping
experience for consumers.
OOOOO co-founder and CEO Sam
Jones added: "The core value of OOOOO is connecting
consumers directly to the source of incredible products through
live, interactive videos that are shoppable. It is entertainment
first, shopping second. I SAW IT FIRST are true pioneers in the
world of fast moving fashion. They use data to rapidly develop
fashion concepts ahead of anyone else. With hundreds of new designs
launching every week, we believe interactive video is the best way
to communicate with a community. Our partnership with I SAW
IT FIRST is a great example of how our OOOOO app can complement
offerings of other online retailers and brands, and accelerate the
outreach of other online retailers brands."
Forward Looking Information
Information set forth in this news release contains
forward-looking statements. These statements reflect management's
current estimates, beliefs, intentions and expectations; they are
not guarantees of future performance. The Company cautions that all
forward looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many
of which are beyond the Company's control. Such factors
include, among other things: risks and uncertainties relating to
the Company's expectation to list its common shares on the TSXV,
risks and uncertainties relating to completion of the qualifying
transaction, risks and uncertainties relating operations of Video
Commerce Group Limited. and other risks and uncertainties,
including those described in the Filing Statement of the Company
and other disclosure documents filed by the Company with the
Canadian Securities Administrators and available on
www.sedar.com. Accordingly, actual and future events,
conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the
forward looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information.
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.
SOURCE Evermount Ventures Inc.