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Zonetail (TSXV:ZONE) exercises final tranche of warrants

Consumer, Technology
TSXV:ZONE
06 July 2021 13:15 (EDT)

Zonetail (ZONE) is pleased to announce that 58,173,550 warrants were exercised for proceeds of $2,908,677.

A total of 8,119,180 warrants expired unexercised. The company no longer has any warrants outstanding.

“Zonetail once again wishes to thank its warrant holders and shareholders alike for their continued support,” said Errol Farr, Zonetail’s CFO.

Zonetail Inc. provides mobile platforms for condominiums, apartments and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market.

Zonetail is also partnered with Shiftsuite, servicing approximately 85,000 condominium units across Canada.

Zonetail also has an integration agreement in place with Yardi Systems, the largest property management software company in the world. Zonetail has offices in Toronto, Ontario and San Dimas, California.

Zonetail Inc. (ZONE) is unchanged, trading at C$0.065 per share at 1:15 pm ET.

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