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Prontoforms Corporation Announces Exercise Of Outstanding Warrants


 

OTTAWA, Canada - July 2, 2014 - ProntoForms Corporation (TSXV:PFM), a leading mobile form business process solution for enterprises and SMBs, is pleased to announce that the holders of 6,944,444 common share purchase warrants that were issued by ProntoForms through tranches in late 2011 and early 2012 have exercised such warrants. These warrants had an exercise price of $0.30 per common share and had been set to expire on June 30, 2014, if not exercised.

ProntoForms issued a total of 6,944,444 common shares to the holders of such warrants for gross proceeds of $2,083,333.20.


About ProntoForms and ProntoForms Corporation (https://www.prontoforms.com)

ProntoForms is a mobile workflow solution used by over 2,500 business customers to collect, receive and submit data in the field. Available for smartphones and tablets, the ProntoForms solution incorporates a mobile device App, a Web portal to manage teams and data flow, and provides the ability to export or connect data to the back office, popular cloud services or other data destinations. ProntoForms is the Frost & Sullivan winner of the North American Customer Value Leadership Award for Mobile Forms

ProntoForms Corporation, has a powerful and proprietary patent portfolio, from which the ProntoForms mobile App and Web reporting portal have been developed. The company trades on the TSXV under the symbol PFM. ProntoForms is the registered trademark of ProntoForms Inc., a wholly-owned subsidiary of ProntoForms Corporation.

 

 

Contact Information ProntoForms Corporation
Matthew Ross - Media Manager
 
 
 
 
Certain information in this press release may constitute forward-looking information. For example, statements about the Company's future growth or value are forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company.
 
Neither 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 accuracy of this release.
 
Contact Information
 

Philip Deck
co-Chief Executive Officer
ProntoForms Corporation
416.702.3974


Dave Croucher
Chief Financial Officer
ProntoForms Corporation
613.286.9212