Press Releases

2014

SEB closes Adeeva and Meschino Health & Wellness acquisitions

March 14, 2014 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing “business processes software solutions and services” to corporate and government clients with specialty practices focused on “managing group benefit solutions and health claims processing environments.” SEB previously agreed via a Letter of Agreement (“LOA”) to acquire Adeeva Nutritionals Canada Inc. (“Adeeva”) and the Wellness assets and business of Dr. James Meschino Health and Wellness. SEB is pleased to announce these transactions have now closed.

Read Press Release
2014

SEB announces appointment of Mr. Bruce Bell as President of Insurance and Financial services division

March 11, 2014 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing “business processes software solutions and services” to corporate and government clients with specialty practices focused on “managing group benefit solutions and health claims processing environments.” Today SEB announced that Mr. Bruce Bell has joined the company as President of SEB’s Insurance and Financial Services Division. This division will provide Insurance and Financial services Brokerage and Group Health Plan administration and claims payment services. Mr. Bell will also join as an Executive VP of SEB.

Read Press Release
2014

SEB closes $2,000,000 convertible note offering

February 12, 2014 – Toronto, ON

Smart Employee Benefits Inc. (“SEB” or the “Company“) (TSX VENTURE:SEB) is pleased to announce that it has closed a $2,000,000 convertible note offering. The $2,000,000 of unsecured convertible notes (the “Notes“) of the Company were issued at a price of $1.00 per $1.00 principal of the Notes (the “Offering“).

Read Press Release
2014

SEB engages first Canadian capital to provide investor relations services

February 11, 2014 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing “business processes software solutions and services” to corporate and government clients with specialty practices focused on “managing group benefit solutions and health claims processing environments.” SEB is pleased to announce that it has retained First Canadian Capital Corp. (“First Canadian“) as a consultant to provide consulting and investor relations services.

Read Press Release
2014

SEB announces proposed convertible debenture offering

January 27, 2014 – Toronto, ON

Smart Employee Benefits Inc. (“SEB” or the “Company“) (TSX VENTURE:SEB) announced today that it intends to complete a best efforts brokered private placement of up to $2,000,000 in unsecured convertible notes (the “Notes“) of the Company at a price of $1.00 per $1.00 principal of the Notes (the “Offering“).

Read Press Release
2014

SEB agrees to acquire Adeeva Nutritionals Canada Inc. and The Wellness Intellectual Property Assets of Dr. James Meschino

January 27, 2014 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing “business processes software solutions and services” to corporate and government clients with specialty practices focused on “managing group benefit solutions and health claims processing environments.” SEB has agreed via a Letter of Agreement (“LOA”) to acquire Adeeva Nutritionals Canada Inc. (“Adeeva”) and the Wellness assets and business of James Meschino Health. Dr. James Meschino is the President and primary shareholder of Adeeva. The transaction remains subject to final Board approval, regulatory approval and completion of final due diligence processes.

Read Press Release
2013

SEB closes Inforica investment

December 2, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSXV:SEB), is pleased to announce it has acquired 50% of Inforica Inc. through a share subscription made by SEB’s wholly owned subsidiary, Logitek Technology Ltd.

Read Press Release
2013

SEB announces proposed unit offering of up to $500,000

November 7, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is pleased to announce it intends to complete an equity private placement of up to $500,000 by issuing up to 1,250,000 of units (the “Units”) at a purchase price of $0.40 per Unit, with each Unit consisting of 1 common share of SEB and 1 common share purchase warrant of SEB (the “Share Purchase Warrant”). Each Share Purchase Warrant shall be exercisable for 1 common share of SEB at any time for a three (3) year term from the date of closing at an exercise price of $0.50 in year one, $0.55 in year two, and $0.65 in year three.

Read Press Release
2013

SEB reaches agreement to acquire Stroma Services Consulting Ltd.

October 22, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB” or “Company”) (TSX VENTURE:SEB) is a technology company providing “business processes software solutions and services” to corporate and government clients with specialty practices focused on “managing group benefit solutions and health claims processing environments.” SEB has agreed via a Memorandum of Agreement (“MOA”) to acquire Stroma Service Consulting Inc. (“Stroma”). The acquisition will be completed through SEB’s wholly owned subsidiary, SOMOS Consulting Group Ltd. (“SOMOS”) in Ottawa. The transaction remains subject to final Board approval, regulatory approval and completion of final due diligence processes.

Read Press Release
2013

SEB agrees to acquire Antian Professional Services of Ottawa

October 7, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB” or “Company”) (TSX VENTURE:SEB) is a technology company providing “business processes software solutions and services” to corporate and government clients with specialty practices focused on “managing group benefit solutions and health claims processing environments.” SEB has agreed via a Letter of Intent (“LOI”) to acquire Antian Professional Services Inc. (“Antian”). Board approval has been received and due diligence has been completed. Closing documentation is in process with closing imminent. The transaction terms are as follows:

Read Press Release