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Company Also Announces Award of Options and RSU Grants
TORONTO, ONTARIO – January 18, 2021 – Adcore Inc. (the “Company” or “Adcore”) (TSXV:ADCO) (FSE:ADQ), a leading provider of machine-learning (“ML” and “AI”) powered advertising technologies used by digital agencies and advertisers to leverage digital marketing in an effortless and accessible way (“Effortless Advertising”), today announced that Omri Brill, CEO will present at the World Outlook Financial Conference on Saturday, February 6, 2021. Those interested in registering to attend the conference may do so at the following link:
https://mikesmoneytalks.ca/world-outlook-conference-2021/
Omri Brill, CEO of Adcore commented, “We look forward to presenting at the World Outlook Financial Conference, a well-regarded event for individual and institutional investors. We are at a pivotal point in our development, with a heightened focus on attracting direct clients and capitalizing on the favorable e-commerce and social media environment created by the COVID-19-driven rise of the stay-at-home economy. This conference is an effective venue for us to reach current investors as well as new audiences, with an update on Adcore’s progress to date and to discuss the opportunities we’re seeing in the marketplace and our strategy going forward.”
Options and RSUs Grant
Adcore also announced it has granted an aggregate of 125,000 stock options and Restricted Share Units pursuant to the Company’s stock option plan and Restricted Share Unit Plan to certain employees, directors, and officers of the Company and its subsidiaries of which 115,500 Options and RSUs were granted to directors and officers. The Options and RSUs are exercisable into common shares of the Company (the “Common Shares”) for a period of 4 years, and the Options are exercisable at an exercise price of $0.99 per share.
ABOUT ADCORE
Adcore is a leading provider of machine-learning powered advertising technologies used by digital agencies and advertisers to leverage digital marketing in an effortless and accessible way (“Effortless Advertising”) with the goal of scaling activity and maximizing ROI.
By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution. In addition to being named numerous times on Deloitte’s Fast 50 Technology list, Adcore is a certified Google Premier Partner, Microsoft Partner, and TikTok Partner.
Established in 2006, the Company employs over forty people in its headquarters in Tel Aviv, Israel and satellite offices in Melbourne, Australia, Toronto, Canada and Hong Kong, Greater China.
For more information about Adcore, please visit Adcore’s Investor Relations website
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements, including statements about the Corporation. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof.
Forward-looking statements involve significant risk, uncertainties, and assumptions. Many factors could cause actual results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Corporation cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Corporation assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
For further information please contact:
ADCORE INC.
U.S. Investor Relations Contact:
John Nesbett/Jennifer Beldeau
IMS Investor Relations
Telephone: 203-972-9200
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release.
