Press Releases

2013

SEB board of directors approves investment in Inforica Group

March 19, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services with specialty practices including managing group benefit solutions and healthcare claims processing environments for corporate, government and non-profit clients. SEB’s Board of Directors approved a Memorandum of Agreement to acquire a 50% interest in the Inforica Group. Inforica Group will operate as an affiliate of SEB’s wholly owned subsidiary, QLogitek. Completion of the transaction is subject to final Closing documentation and applicable regulatory approval.

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2013

SEB closes somos transaction in Ottawa

March 5, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services specializing in managing group benefit solutions and healthcare claims processing environments for corporate, government and non-profit clients. SEB announced a Memorandum of Agreement with the SOMOS Group of Companies (“SOMOS”) on January 9, 2013 whereby SOMOS was to be acquired by SEB (the “Transaction”). SEB has received TSX Venture Exchange approval for the Transaction and has now closed the Transaction.

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2013

SEB closes equity financing of $1,106,000 with BBS Securities Inc.

March 4, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is pleased to announce it has closed an equity private placement of $1,106,000; consisting of units at a purchase price of $0.35 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 is exercisable for 1 common share of SEB at any time for a four year term from the date of closing at an exercise price of $0.50 in year one, $0.55 in year two, $0.65 in year three, and $0.75 in year four.

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2013

SEB closes Qlogitek acquisition

February 7, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSXV:SEB), is a technology company providing software, solutions and services specializing in “managing group benefit solutions and healthcare claims processing environments, managing human resource processes and requirements and automating business processes” for corporate, government and non-profit clients.  SEB is pleased to announce it has received final approval from the TSX Venture Exchange and has closed the acquisition of Logitek Technology Ltd. (“QLogitek”).

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2013

SEB announces proposed equity financing of up to $1,001,000 with BBS securities

January 23, 2012 – 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 $1,001,000 of units; at a purchase price of $0.35 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 four year term from the date of closing at an exercise price of $0.50 in year one, $0.55 in year two, $0.65 in year three, and $0.75 in year four.

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2013

SEB establishes Ottawa presence with Somos transaction

January 9, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services specializing in managing group benefit solutions and healthcare claims processing environments for corporate, government and non-profit clients. SEB has signed a Memorandum of Agreement with the SOMOS Group of Companies (“SOMOS”) whereby SOMOS will be acquired by SEB (the “Transaction”). Completion of the Transaction is subject to regulatory approval.

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2013

China-based Highcom structures strategic investment in SEB

January 7, 2013 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services specializing in managing group benefit solutions and healthcare claims processing environments for corporate, government and non-profit clients. SEB is pleased to announce that it has signed a Letter of Agreement wi ...

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2013

SEB announces proposed equity financing of up to $1,050,000

January 2, 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 $1,050,000 of units; at a purchase price of $0.35 per unit, with each unit consisting of 1 common share of SEB and 1 common share purchase warrant of SEB (the “Share Purchase Warrant”).

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