March 23, 2020 – Mississauga, ON
Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that it is continuing to work on completing the Company’s $20,000,000 private placement financing, which is being provided by a large strategic investor. The financing was previously announced by press release dated November 5, 2019, December 9, 2019, January 8, 2020 and February 7, 2020. The strategic financing transaction is expected to close coincident with the completion of an operating credit facility, which negotiations are in process.
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