Press Releases

2020

SEB provides further update on Strategic Financing Transaction

May 22, 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 proceeds of the financing will be used to repay term indebtedness of the Company.  The financing was initially announced by press release dated November 5, 2019 and most recently by press release dated April 22, 2020.

Read Press Release
2020

SEB provides update to postponement in filing of financial statements

April 28, 2020 – Mississauga, ON

Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that the challenges posed by COVID-19 have resulted in a continuing delay in the finalization and filing of: (i) the Company’s audited annual financial statements for the fiscal year ended November 30, 2019 and the related management’s discussion and analysis (collectively, the “Annual Filings”); and (ii) the Company’s interim financial statements for the quarter ended February 29, 2020 and the related management’s discussion and analysis (collectively the “First Quarter Filings”), all as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations.

Read Press Release
2020

SEB update on Strategic Financing Transaction

April 22, 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 initially announced by the Company’s press release on November 5, 2019 and most recently by press release on March 23, 2020. The strategic financing transaction is expected to close coincident with the completion of an operating credit facility, which negotiations are in process.

Read Press Release
2020

SEB announces postponement in Filing of Financial Statements

March 27, 2020 - Mississauga, ON

Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that it will not be in a position to file its audited annual financial statements for the fiscal year ended November 30, 2019 and the related management’s discussion and analysis, as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations (collectively, the “Annual Filings”) by the filing deadline of March 30, 2020.

Read Press Release
2020

Walmart Canada adopts SEB’s Flexplus and EQ Care to offer Virtual Healthcare to over 90,000 Associates

March 27, 2020 - Mississauga, ON

SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB Inc.”, TSXV:SEB), a leader in health and benefits administration and processing solutions and services, have partnered with virtual healthcare provider EQ Care to make virtual healthcare available to more than 90,000 Walmart Canada associates.

Read Press Release
2020

SEB update on Strategic Financing Transaction

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.

Read Press Release
2020

SEB update on Strategic Financing Transaction

February 7, 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 proceeds of the financing will be used to repay term indebtedness of the Company.  The financing was previously announced by press release dated November 5, 2019, December 9, 2019 and January 8, 2020.

Read Press Release
2019

SEB announces extension of Strategic Private Placement

December 9, 2019 – Mississauga, ON

Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that the TSX Venture Exchange (“TSXV”) has granted an extension with respect to the duration of the Company’s $20,000,000 strategic private placement financing, which financing was previously announced by press release dated November 5, 2019.  The outside date upon which final acceptance of the private placement may be granted by the TSXV has been extended to January 8, 2020.

Read Press Release
2019

SEB reports results for Q3 FISCAL 2019

October 30, 2019 – Mississauga, ON

Conference Call Scheduled Monday November 4, 2019 at 11:00 A.M.

Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) today reported its financial results for the three and nine months ending August 31, 2019.

Read Press Release