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TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") (TSXV:BTV; OTCQB:BTVRF), a personalized video Software as a Service ("SaaS") company, announces that it will miss the deadline of November 28, 2024 (the "Filing Deadline") to file the Company's audited annual financial statements and management discussion & analysis for the financial year ended July 31, 2024, and the CEO and CFO certificates, all as required by National Instrument 51-102 - Continuous Disclosure Obligations and National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings (collectively, the “Documents”). As a consequence, the Company anticipates the imposition by the Ontario Securities Commission of a Failure-to-File Cease Trade Order ("FFCTO"). The Company is working diligently with its auditors to file the Documents as soon as possible.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. (“BlueRush” or the “Company”) (TSXV:BTV; OTCQB:BTVRF), a personalized video Software as a Service (SaaS) company, announced today the second and final closing (the “Final Closing”) of its non-brokered private placement financing (the “Offering”). Pursuant to the Final Closing, the Company has issued 6 Units (as defined in the Company's June 18, 2024 news release) for gross proceeds of $90,000, resulting in a total aggregate Offering of $990,000 through the issuance of 33,000,000 common shares, 33,000,000 warrants exercisable at $0.05 for 60 months from issuance, and $330,000 principal amount 10.0% unsecured convertible debentures maturing 60 months from issuance and convertible into common shares at a conversion price of $0.05 per share in the first year and $0.10 per share in years two to five.
TORONTO, July 02, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") (TSXV:BTV; OTCQB:BTVRF), a personalized video Software as a Service ("SaaS") company, today announced its financial results for the three and nine months ended April 30, 2024.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 18, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. (“BlueRush” or the “Company”) (TSXV:BTV; OTCQB:BTVRF), a personalized video Software as a Service (“SaaS”) company, announced today a proposed non-brokered private placement financing pursuant to which BlueRush proposes to raise gross proceeds of up to $1,020,000 through the issuance of up to 68 units (a “Unit” or “Units”) of the Company at $15,000 per Unit (the “Offering”). Each Unit shall consist of (i) 500,000 common shares of the Company (the “Common Shares”) at a deemed price of $0.02 per Common Share, (ii) 500,000 transferable common share purchase warrants, with each warrant entitling the holder thereof to acquire one additional Common Share at a price of $0.05 per Common Share until the date that is 60 months from the closing, and (iii) a $5,000 principal amount 10.0% unsecured convertible debentures (the “Convertible Debentures”) with each Convertible Debenture maturing on the date which is 60 months from closing and convertible into Common Shares at a conversion price of $0.05 per Common Share in the first year and $0.10 per Common Share in years two to five.
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") (TSXV:BTV; OTCQB:BTVRF), a personalized video Software as a Service ("SaaS") company, today announced that BlueRush Digital Media Corp., the wholly owned operating subsidiary of the Company, has issued a promissory note dated April 2, 2024 for principal amount of $180,000 (the “Note”) in favour of Round 13 Founders Fund SPV, L.P. (the “Lender”). Round 13 Capital Inc., the general partner of the Lender, is also the general partner of Round 13 Capital Founders Fund, L.P., which owns approximately 29% of the issued and outstanding shares of BlueRush.
BlueRush continues to close gap on profitability while adding significant new customers in the quarter BlueRush continues to close gap on profitability while adding significant new customers in the quarter
TORONTO, Dec. 29, 2023 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") (TSXV:BTV; OTCQB:BTVRF), a pioneering personalized video Software as a Service ("SaaS") company, in its recent financial quarter ending October 31, 2023, reported a challenging quarter compared to the same period in the previous year. This press release provides an overview of the Company's performance, underlying factors, strategic responses, and outlook for the future.
TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") (TSXV:BTV; OTCQB:BTVRF), a pioneering personalized video Software as a Service ("SaaS") company, is excited to announce strong year end results and continued focus on platform innovation. The company's innovative Software-as-a-Service (SaaS) platform, fueled by its personalized video technology, continues to drive growth, delivering superior customer engagement for businesses of all sizes.
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