Business
Sceptre Ventures Provides an Update on Transaction with IZON Network, Inc.
(via TheNewswire) Vancouver, BC - TheNewswire - March 10, 2020 - Sceptre Vent...
About this update from Sceptre Ventures, Inc.
[{"type":"text","content":"Sceptre Ventures Provides an Update on Transaction with IZON Network, Inc.(via TheNewswire)\n \n \n\n\n\n\n \nVancouver, BC - TheNewswire - March 10, 2020 - Sceptre Ventures Inc. (\"Sceptre\") (TSXV:SVP.H) provides an update of its proposed acquisition (\"the Acquisition\") of all the issued and outstanding shares of IZON Network, Inc. (\"IZON\"), which Acquisition is intended to serve as Sceptre's Qualifying Transaction in accordance with the Exchange's Capital Pool Company Policy 2.4.\n\n \n \nSceptre and IZON are moving towards entering into a definitive agreement incorporating the principal terms of the Term Sheet as previously announced. Sceptre also expects to make a submission to the TSX Venture Exchange in due course.\n\n \n \nDetails of the Acquisition and related transactions are disclosed in Sceptre's previously issued news release dated January 9, 2020, which has been filed with regulators and is available for viewing on the SEDAR website (www.sedar.com) under Sceptre's issuer profile.\n\n \n \nAbout IZON Digital Media Network\n\n\n \nIZON is an innovator in creating proprietary media & entertainment platforms for premium & niche marketplaces which reach highly targeted captive digital out-of-home audiences. IZON focuses its efforts on verticals where a premium user base already exists and can be engaged utilizing its digital media network. It's first solution has been created as the ultimate digital content and GPS platforms for golf. With a rich feature set for the golfer that include IZON Side Games, Tournaments and a proprietary Companion App courses are finding an entirely new way to provide additional value to their customers. At the same time IZON provides the golf course operator an entire Fleet Management, Agronomic and Operational suite of services to manage their course operations. In addition, IZON has created one of the most unique premium outdoor advertising networks as well with its proprietary Ad server, IZON REACH. Recently the newest vertical of focus was announced, IZON Ride. IZON Ride will provide solutions for the consumers inside of premium fleets of rideshare cars, luxury buses and existing black town car & SUV service vehicles. For more information visit www.izonnetwork.com \n\n\n \nAbout Sceptre Ventures Inc. \n\n\n \nSceptre Ventures Inc. is a Capital Pool Company (\"CPC\") withi...