Month: November 2015

IOU Financial Grants Stock Options

Montreal, Quebec, November 26, 2015 — IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) today announced the grant of options pursuant to its Stock Option Plan. The Company granted options entitling directors, officers, employees and consultants to acquire up to an aggregate of 1,563,500 Common Shares of the Corporation; these options …

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IOU Financial Inc.’s Results for the Three and Nine Month Period Ended September 30, 2015

Montreal, November 23, 2015 – IOU FINANCIAL INC. (“IOU” or “the Company”; ticker symbol IOU/TSX-V), a leading online lender to small businesses, announced today its results for the three and nine month period ended September 30, 2015. Loan originations for the third quarter ended September 30, 2015 were US$45 million, representing an increase of 108% …

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IOU FINANCIAL ANNOUNCES SECOND TRANCHE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $1,292,000

MONTRÉAL, Québec, November 20, 2015 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”), a leading online lender to small businesses, is pleased to announce that it has closed a second tranche of its previously announced private placement of 10% convertible unsecured subordinated debentures (the “Debentures”) for gross proceeds of $1,292,000 …

IOU FINANCIAL ANNOUNCES SECOND TRANCHE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $1,292,000 Read More

Small Business Growth: Event Staffing Expansion

Justin brought 20 years of industry experience to the table when he created Texas-based Trinity Event Staffing. Beginning in the Dallas/Fort Worth area about six years ago, Trinity has now expanded to all the primary markets in Texas including Austin, College Station, San Antonio, and Houston. Like many small business owners, Justin needed a little extra working …

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IOU FINANCIAL ANNOUNCES THE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $9,208,000

MONTRÉAL, Québec, November 2, 2015 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”), a leading online lender to small businesses, is pleased to announce that it has closed its previously announced private placement of 10% convertible unsecured subordinated debentures (the “Debentures”) for gross proceeds of $9,208,000 (the “Offering”). The Offering …

IOU FINANCIAL ANNOUNCES THE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $9,208,000 Read More