Original text
Rate this translation
Your feedback will be used to help improve Google Translate
Home
Startmonday Technology Corp
StartMonday Selects CEOLIVE Media Group for U.S. Investor Relations and Strategic Communications, Announces Loan Agreement and Option Grants
Published Jan 25 2019
5 min read

StartMonday Selects CEOLIVE Media Group for U.S. Investor Relations and Strategic Communications, Announces Loan Agreement and Option Grants

Mobile & Online Recruiting Trends Prompt Awareness Campaign


AMSTERDAM, the Netherlands, Jan. 25, 2019 -- Smart recruitment technology firm StartMonday

Technology Corp. (CSE: JOB) (OTC: STMDF) (FRANKFURT: JOB) (the “Company” or

“StartMonday”), today announced that it has retained CEOLIVE Media Group, a leading investor

relations and digital strategies firm, to serve as an advisor for investor relations and strategic

communications.


Pursuant to the terms of an agreement between the Company and Sana Group, Inc. (d/b/a CEOLIVE

Media Group), the Company will issue 650,000 common shares in the capital of the Company (the

“Payment Shares”) at a deemed price of $0.05 per Payment Share. The Payment Shares will be subject to

a hold period of 4 months and a day from the date of issuance. Commencing immediately, the initial term

of the agreement will terminate on April 15, 2019.


Ray Gibson, CEO of StartMonday, commented, “StartMonday’s video-led recruiting platform and

blockchain solution for sharing career histories reflects a continuing commitment to innovation and

growth, which is the message we want to bring to the investment community. We believe StarMonday’s

continuing strength in recruiting technology presents a strong investment thesis and CEOLIVE’s

seasoned team has the right combination of contacts, skills, and strategies to assist us in reaching these

goals.”


“StartMonday has a unique business that deserves wider awareness in the investment community. Our

team looks forward to using our expertise to increase StartMonday’s visibility with all key stakeholders

across all traditional and digital channels,” said Mike Elliott, founder and CEO of CEOLIVE Media

Group.


The Company also announces that it (through its wholly-owned subsidiary StartMonday Holding B.V.)

has entered into a loan agreement (the “Loan Agreement”) with FrogLeapers GmbH (the “Lender”), a

private limited company incorporated in Germany. Pursuant to the terms of the Loan Agreement, the

Lender will loan to the Company EUR88,000 (the “Principal Sum”), with the Principal Sum bearing

interest at an annual rate of 12.5%. The loan is unsecured and the Principal Amount and accrued interest

will become due for repayment on January 31, 2019. The Lender is an arm’s length party to the

Company.


Pursuant to the terms of the Loan Agreement, the Company will issue to the Lender 200,000 nontransferable

common share purchase warrants of the Company (the “Warrants”). Each Warrant is

exercisable for a period of two years from issuance to acquire one common share in the capital of the

Company at a price of $0.05 per share.


In addition, the Company announces that pursuant to the terms of the Company’s Stock Option Plan, an

aggregate of 3,250,000 options have been granted to certain directors, officers and consultants. The

options are exercisable for a period of 5 years at an exercise price of $0.05 per share.


About StartMonday (CSE: JOB) (XFRA: JOB) (OTC: STMDF)

StartMonday helps employers select better candidates, faster, with the power of 15- second video

introductions. StartMonday's video- led mobile and web applications deliver a better impression of

personality and customer skills, ultimately helping employers decide which candidates they should talk to

first - making the process much more efficient. The Company is dedicated to building powerful tools for

the Mobile Generation and is further developing its technology with an open blockchain solution for

verifiable career histories called Bizzy (formerly CareerChain). For more information please visit

www.startmonday.com.


CAUTIONARY DISCLAIMER STATEMENT: The Canadian Securities Exchange has not reviewed and

does not accept responsibility for the adequacy or accuracy of the content of this news release.


Contact:

Walter Spagnuolo

Invictus Investor Relations

Office: +1.604.343.8661

Toll Free from North America: +1.800.274.8143

Toll free from Germany: +0800.180.6687

Toll Free From UK: + 0.800.014.8387

Email: investors@startmonday.com

Website: www.startmonday.com


About CEOLIVE Media Group

Founded in 2006, CEOLIVE is dedicated to the delivery of top-tier strategic advisory services that

encompass investor and stakeholder relations, capital markets navigation, corporate communications and

social media management for emerging growth companies. The team at CEOLIVE has extensive

experience working with innovative and emerging companies from around the globe. As a distribution

and engagement platform, CEOLIVE and CEORoadshow reach thousands of individual, retail and

institutional investors and stakeholders in its proprietary and extensive distribution network.. For more

information, go to: www.ceolive.tv and www.ceoroadshow.com.


Forward-Looking Statements

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor

provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties

including, but not limited to, the impact of competitive products, the ability to meet customer demand, the

ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of

economic business conditions and the ability to attract and retain skilled personnel. The Company is not

obligated to revise or update any forward-looking statements in order to reflect events or circumstances

that may arise after the date of this release.


Contacts

Mike Elliott

CEOLIVE Media Group

StartMonday@ceolive.tv

813-421-1701