Clip Cash Inc. enters into Advisory Companies Settlement with Oak Hill Monetary Inc.

TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Clip Cash Inc. (TSX-V: CLIP) (“Clip” or the “Firm”), an organization that operates a multi-bank self-service deposit system for companies, is happy to announce that’s has entered into an advisory companies settlement with Oak Hill Monetary Inc. (“Oak Hill”) for the aim of facilitating sure investor relations companies to be offered to the Firm by Oak Hill.

Oak Hill is predicated in Toronto, Ontario and supplies complete investor relations companies to private and non-private corporations throughout a wide range of completely different sectors. Oak Hill will probably be aiding the Firm with investor outreach and engagement, ongoing identification of latest buyers, and common advertising and marketing efforts. The preliminary time period of the settlement will probably be one month commencing on November 7, 2024, and will probably be renewable for subsequent one-month durations on the Firm’s discretion.

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Oak Hill is an arms-length get together to the Firm and doesn’t at the moment maintain any curiosity within the securities of the Firm (both straight or not directly) nor does it maintain any rights or choices to accumulate such an curiosity. In consideration of the investor relations companies offered by Oak Hill, the Firm shall make a month-to-month fee to Oak Hill within the quantity of CDN$10,000 plus relevant taxes.

Ahead‐Wanting Statements

This information launch might comprise ahead‐trying statements (inside the that means of relevant securities legal guidelines) which mirror the Firm’s present expectations concerning future occasions. Ahead-looking statements are recognized by phrases corresponding to “imagine”, “anticipate”, “challenge”, “anticipate”, “intend”, “plan”, “will”, “might”, “estimate” and different comparable expressions. These statements are primarily based on the Firm’s expectations, estimates, forecasts and projections and embody, with out limitation, statements concerning the longer term success of the Firm’s enterprise.

The forward-looking statements on this information launch are primarily based on sure assumptions. The forward-looking statements usually are not ensures of future efficiency and contain dangers and uncertainties which can be tough to regulate or predict. Plenty of elements might trigger precise outcomes to vary materially from the outcomes mentioned within the forward-looking statements. Readers, due to this fact, mustn’t place undue reliance on any such forward-looking statements. Additional, these forward-looking statements are made as of the date of this information launch and, besides as expressly required by relevant legislation, the Firm assumes no obligation to publicly replace or revise any forward-looking assertion, whether or not because of new info, future occasions or in any other case.

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Neither the TSXV nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSXV) accepts accountability for the adequacy or accuracy of this launch.

About Clip Cash Inc.

Clip operates a multi-bank self-service deposit system for companies via its ClipDrop Bins that provides customers the potential of creating deposits exterior of their financial institution department at prime retailers and procuring malls. Somewhat than having to go to their private financial institution department or utilizing a money pickup service, companies can deposit their money at any ClipDrop Field situated close to them. After being deposited, the funds will routinely be credited to the enterprise’ checking account, normally inside one enterprise day. The Firm combines purposeful {hardware}, an intuitive cellular app and an revolutionary cloud-based transaction engine that maximizes enterprise banking transactions. Mixed with cellular person purposes, Clip provides a cheap and handy answer for enterprise banking deposits in metropolitan statistical areas throughout Canada and america. For extra details about the Firm, go to www.clipmoney.com.

For additional info, please contact:

Joseph Arrage
Chief Govt Officer
tel: 844-593-2547