ProntoForms Corporation Announces Exercise of Outstanding Warrants
03 July 2014 - 6:05AM
Marketwired Canada
ProntoForms Corporation (TSX VENTURE:PFM), a leading mobile form business
process solution for enterprises and SMBs, is pleased to announce that the
holders of 6,944,444 common share purchase warrants that were issued by
ProntoForms through tranches in late 2011 and early 2012 have exercised such
warrants. These warrants had an exercise price of $0.30 per common share and had
been set to expire on June 30, 2014, if not exercised.
ProntoForms issued a total of 6,944,444 common shares to the holders of such
warrants for gross proceeds of $2,083,333.20.
About ProntoForms Corporation
ProntoForms is a mobile workflow solution used by over 2,500 business customers
to collect, receive and submit data in the field. Available for smartphones and
tablets, the ProntoForms solution incorporates a mobile device App, a Web
management portal to manage teams and data flow, and provides the ability to
export or connect data to the back office or to popular cloud services.
ProntoForms is the Frost & Sullivan winner of the North American Customer Value
Leadership Award for Mobile Forms.
ProntoForms Corporation, formerly TrueContext Mobile Solutions Corporation, has
a powerful and proprietary patent portfolio, from which the ProntoForms mobile
App and Web reporting portal have been developed. The company trades on the TSXV
under the symbol PFM. ProntoForms is the registered trademark of ProntoForms
Inc., a wholly-owned subsidiary of ProntoForms Corporation.
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:
ProntoForms Corporation
Alvaro Pombo
Chief Executive Officer
613.599.8288 ext. 1111
apombo@truecontext.com
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