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$KABN.ca North America to Release Liquid Avatar to Further Progress Self Sovereign Identity – Available in Popular App Stores February 18, 2021 $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 8:24 AM on Tuesday, January 26th, 2021
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Liquid Avatar empowers users to manage, control and benefit from their online identity and data

  • Will be releasing its live, open beta app globally in the Google Play and Apple App stores on February 18, 2021, subject to all final approvals .
  • Liquid Avatar, available at no cost to consumers, makes it easy for individuals to start and maintain the process of managing their SSI/digital identity.

TORONTO, ON / January 26, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)( FRA:4T51) (the “Company“, “KABN North America” or “KABN NA“) (www.kabnsystemsna.com), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity (“SSI”) through its Liquid Avatar (www.liquidavatar.com) platform, will be releasing its live, open beta app globally in the Google Play and Apple App stores on February 18, 2021, subject to all final approvals .

Liquid Avatar, available at no cost to consumers, makes it easy for individuals to start and maintain the process of managing their SSI/digital identity. With the ability to share that with their friends, family, colleagues, and others easily, safely, and securely through biometrically enabled Self Sovereign Identity tools and services.

The Liquid Avatar platform allows users create high quality digital icon representations of themselves which can be used to easily share what they want, when they want, and with whom they want. Liquid Avatar users will also be able to create digital wallets to manage and store a wide range of verifiable identity and access credentials, and to take their conventional identity online, allowing users to prove themselves as easily and effectively as they do in the “real world”.

With online identity and data management at the forefront of the global regulatory and legislative landscape, the addressable market for services, such as Liquid Avatar, can potentially be 100% of the online market, over 400 Million people in North America and over 5 Billion people worldwide.

Read More: https://agoracom.com/ir/KABN/forums/discussion/topics/753927-kabn-north-america-to-release-liquid-avatar-to-further-progress-self-sovereign-identity-available-in-popular-app-stores-february-18-2021/messages/2300220#message

$KABN.ca Liquid Avatar Partners with The Campus Agency to Reach US University and College Students on Campus and Virtually $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 8:11 AM on Tuesday, January 19th, 2021
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Access to up to 2,000 US Colleges and Universities with reach of up to 1.5 Million Students

  • Entered into an agreement to partner with US based, The Campus Agency to create innovative engagement programs for Liquid Avatar to reach the US college and university student, alumni and family market.
  • KABN NA and The Campus Agency will be working together to engage micro-influencers, develop and launch innovative engagement and Augmented Reality programs to introduce the college and university market to the Liquid Avatar and KABN value programs.
  • The partnership goals are to increase brand awareness, maximize engagement, educate users on the value proposition of Self Sovereign Identity, and generate user benefits and revenue for the partnership program.

TORONTO, ON / January 19, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the “Company“, “KABN North America” or “KABN NA“), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity (“SSI”) through its Liquid Avatar platform, announces today that it has entered into an agreement to partner with US based, The Campus Agency to create innovative engagement programs for Liquid Avatar to reach the US college and university student, alumni and family market.

KABN NA and The Campus Agency will be working together to engage micro-influencers, develop and launch innovative engagement and Augmented Reality programs to introduce the college and university market to the Liquid Avatar and KABN value programs. The partnership goals are to increase brand awareness, maximize engagement, educate users on the value proposition of Self Sovereign Identity, and generate user benefits and revenue for the partnership program.

With reach to over 2,000 US College and University campuses and over 1.5 Million Gen Z students, alumni and families, The Campus Agency has been supporting innovative direct to student and online marketing programs for over 40 years.

“We’re excited to bring our 40 years of creating success on campus and digital initiatives to Liquid Avatar and to bring this important and innovative program to our collegiate communities, allowing users to manage and control their digital identity and future credentials safely and securely,” said Chris Nyland, Chief Operating Officer, The Campus Agency. “This is our second program with KABN North America and Liquid Avatar, as we’re already jointly a part of the COVID-19 consortium for creating Verifiable Identity Healthcare Credential.”

Read more: https://agoracom.com/ir/KABN/forums/discussion/topics/753357-liquid-avatar-partners-with-the-campus-agency-to-reach-us-university-and-college-students-on-campus-and-virtually/messages/2298768#message

$KABN.ca North America Engages Entoro Capital, LLC as Financial Advisors in the United States of America $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 8:47 AM on Wednesday, January 13th, 2021
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Financial Service Agreement for US listings, registrations, and potential transactions

  • Announced today that it has retained Houston, Texas based Entoro Capital, LLC , a technology-enabled global investment bank and broker-dealer, to provide a range of Financial Advisory Services in the United States of America.
  • KABN NA and Entoro will together be reviewing KABN NA’s proposed upgraded OTC Markets listing, and in the future, potential, but not assured, U.S. based transactions including, but not limited to a potential Reg A+ offering, registrations, and listing opportunities.
  • Entoro will also use its network to introduce KABN North America to potential business opportunities.

TORONTO, ON and HOUSTON, TX / January 13, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the “Company“, “KABN North America” or “KABN NA“) (www.kabnsystemsna.com), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity (“SSI”) through its Liquid Avatar (www.liquidavatar.com) platform, announces today that it has retained Houston, Texas based Entoro Capital, LLC (“Entoro”), a technology-enabled global investment bank and broker-dealer, to provide a range of Financial Advisory Services in the United States of America.

KABN NA and Entoro will together be reviewing KABN NA’s proposed upgraded OTC Markets listing, and in the future, potential, but not assured, U.S. based transactions including, but not limited to a potential Reg A+ offering, registrations, and listing opportunities. Entoro will also use its network to introduce KABN North America to potential business opportunities.

Entoro provides advice and services to a wide range of established and growth-oriented businesses around the world. Their experienced professionals offer deep sector expertise across a full range of services in investment banking, equities, and fixed income.

While KABN NA is not proposing any immediate offerings in the US, nor are any assured, Entoro is also a leader in the Regulation A+ capital raise marketplace through its FINRA-registered broker-dealer subsidiary, Entoro Securities, having developed strong retail investor distribution relationships to better leverage the registration exemption for its clients. As part of its service programs, in addition to any traditional offering process, Entoro will be using OfferBoard® to automate any future US-based transactions. OfferBoard® is Entoro’s high-tech, investor portal that provides flexibility, convenience, transparency, and security for investors while increasing engagement and streamlining the entire process. OfferBoard® also allows accredited and qualified investors to review multiple project details and investment criteria with confidence after signing a non-disclosure agreement.

“We have known the world-class investment and management team at Entoro for a number of years and together, we have been looking for the right time and opportunity to work together” said David Lucatch, CEO KABN. “With the open-beta launch of Liquid Avatar just weeks away and having successfully completed our Canadian offerings, in part with Mackie Research this past December, we are excited to bring Entoro on board to help us create awareness, business opportunities, financial advisory services and in the future, potential capital initiatives in the U.S.”

Read More: https://agoracom.com/ir/KABN/forums/discussion/topics/752915-kabn-north-america-engages-entoro-capital-llc-as-financial-advisors-in-the-united-states-of-america/messages/2297560#message

VIDEO – $KABN.ca and ImagineAR $IP.ca $IPNFF Combine Forces To Bring Augmented Reality To Liquid Avatar – The Platform For Self Sovereign Identity Users. Yeah, It’s Complicated But Watch and Learn About What Is Coming. $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 9:21 AM on Tuesday, January 12th, 2021
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Both KABN North America (KABN:CSE) and ImagineAR (IP:CSE / IPNFF:OTCQB)  are incredibly disruptive and on the cusp of unstoppable trends, which makes them both explosive but also so new that investors still need to wrap their minds around each of them, let alone both of them together.  The good news is that CEO’s from both companies (David Lucatch KABN and Alen Paul Silverrstieen ImagineAR) have sat down with us to explain why their combination is the way all of us will be controlling and profiting from our online identities in the near future.

Before watching the video, here is a little about what you need to know about each company.

KABN – Solves the major problem around our online identities and data. Through Liquid Avatar they provide each one of us with the power to manage and monetize our digital identity, which is an unstoppable trend as both a natural evolution of the web, as well as, legislation forcing big platforms to no longer share and profit from our personal online data.

IMAGINEAR – As the name implies, ImagineAR is an Augmented Reality Company that enables businesses to create their own mobile phone AR campaigns with no programming or technology experience.  AR is also an unstoppable trend – but don’t take our word for it.

Apple CEO Tim Cook stated “AR Will play an important role in how we use technology in the future – and promises to be as influential in our society as the smart phone”

The AR market is expected to grow to $200 Billion by 2025 from just $3.5 billion in 2017. .

Now you know why the combination of these two companies is so powerful and well worth your while to watch, listen and learn about what they are going to do.  The future is coming, so you might as well see it coming first.

ImagineAR $IP.ca $IPNFF and $KABN.ca North America Bring Augmented Reality to Liquid Avatar’s Verified Self Sovereign Identity Users $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 8:18 AM on Tuesday, January 12th, 2021
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  • Announced the execution of a three-year $150,000 SDK licensing agreement to launch Augmented Reality immersive experiences integrated with Liquid Avatar ( www.liquidavatar.com ). 
  • Liquid Avatar empowers user to manage, control and gain value from their biometrically verified Self Sovereign Identity and personal data ownership.
  • Using ImagineAR’s licensed AR SDK and cloud-based studio suite, KABN will deliver a series of dynamic AR interactions to Liquid Avatar mobile app users starting in early 2021.

TORONTO , VANCOUVER, BC and ERIE, Pa., Jan. 12, 2021  – Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) (” ImagineAR “) and KABN Systems NA Holdings Corp. ( CSE:KABN / OTC:TRWRF / FRA:4T51 ) (the ” Company “, ” KABN North America ” or ” KABN NA “), are excited to announce the execution of a three-year $150,000 SDK licensing agreement to launch Augmented Reality (“AR”) immersive experiences integrated with Liquid Avatar ( www.liquidavatar.com ).  Liquid Avatar empowers user to manage, control and gain value from their biometrically verified Self Sovereign Identity and personal data ownership.

Using ImagineAR’s licensed AR SDK and cloud-based studio suite, KABN will deliver a series of dynamic AR interactions to Liquid Avatar mobile app users starting in early 2021.  Liquid Avatar users will experience immersive consumer AR-based social, event, educational and information-based messages.  Commercial enterprises and media companies will present dynamic measurable interactive AR offers to Liquid Avatar users knowing the consumer is real and verified thereby significantly reducing marketing waste and breakage.  The range of opportunities are potentially limitless as Liquid Avatar’s Self Sovereign Identity platform is addressable to up to 100% of all online users.

Liquid Avatar users will soon be able to create and share interactive 3D greetings and messages that are automatically integrated with their Liquid Avatar icons and can be experienced inside the Liquid Avatar app.  Liquid Avatar users will also be able to share AR enabled resumes, invitations, event programs, and other information with their social connections.  Additionally, Liquid Avatar is exploring interactive digital wallets, which will allow users to easily visualize all their in-wallet verifiable access and identity credentials, like those for healthcare, gaming, travel, financial services, education, ecommerce, and government services.

“Augmented Reality provides a new way to see the world around us and allows KABN to empower Liquid Avatar’s known and verified users to take advantage of this interactive technology to engage with friends, family, and other connections,” said David Lucatch , CEO KABN . “ImagineAR’s platform provides immersive experiences and an effective way for us to instantly deliver AR opportunities to our constituents, therefore creating revenue and value opportunities for our expanding user base.”

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/752791-imaginear-and-kabn-north-america-bring-augmented-reality-to-liquid-avatar-s-verified-self-sovereign-identity-users/messages/2297165#message

VIDEO – $KABN.ca North America Launches The KABN Prepaid #Visa & Digital Banking Platform To Support Its Liquid Avatar Users and Provide Online Banking Solutions Powered By XTM Inc. $PAID.ca $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 7:08 PM on Wednesday, January 6th, 2021
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The world of small cap technology is getting more exciting everyday. The AGORACOM thesis for this decade is that more wealth will be created from cheaper and more powerful tech than the last 2 decades combined. Said another way, the little guy has never been in a better position to compete and even beat the big guys.

Today’s press release between KABN North America (KABN:CSE) and XTM Inc. (PAID:CSE) is a prime example. Powered by XTM, KABN is launching its prepaid Visa Card and digital banking platform to support its challenger bank initiatives in North American.

What is a “challenger bank”?. Glad you asked. Here is the best explanation we found

“In the age of business disruptors, it is no surprise that we are seeing a shakeup within the financial services sector now in the form of challenger banks. The purpose of these challenger banks is to compete with the long-established big banks and give consumers more options in the fintech world.  Popularly considered to be small-medium retail operations set up with the purpose of competing against other, larger and more established banking institutions, challenger banks are heralding an exciting era in finance for customers.” 

KABN has no intention of becoming a bank but it does want to provide their Liquid Avatar customers with online banking solutions important to them. With all of the necessary approvals and partnership agreements in place, KABN North America will begin rolling out the program in Canada throughout the first quarter of 2021 and has plans to continue its card program rollout to the U.S. and other geographic regions 

What is Liquid Avatar? Glad you asked. To understand it you first have to understand and remember that Facebook and other tech giants showed the world that sharing our private data and profiting from it is a major issue.  It became such a major issue that sweeping laws have been enacted in Europe (GDPR) and the United States (CCPA) that not only puts a stop to these practices but also demand that individuals are given the opportunity to take control of their digital identities – and even profit from them.

The term is often referred to as “Self Sovereign Identity (SSI)” and though it sounds kind of complicated, it actually sounds like music to the ears of investors that want to learn more about this massive global trend.

KABN is the small cap company that is leaps and bounds ahead of any other small cap company in this space.  Their technology delivering your online identity is damn cool (check out www.LiquidAvatar.com) and their global recognition is even better given their recent addition to the Trust Over IP Foundation as a Steering Member, joining the likes of IBM, Mastercard, Accenture and other global giants that are forming an ecosystem around SSI

This is a global paradigm shift that you DO NOT want to miss because it is happening right now and KABN is the leading small cap company for investors to gain exposure. Why? Because they are turning the problem of data privacy into a profit for people like you and me.

Watch this great interview with CEO David Lucatch  

$KABN.ca North America and Liquid Avatar Unveils New Challenger Banking Program for Verified Self Sovereign Identity Users $MOS.ca $MOGO.ca $CTZ.ca $PAID.ca

Posted by AGORACOM-JC at 8:12 AM on Wednesday, January 6th, 2021
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KABN North America launches the KABN prepaid Visa Card to support its Liquid Avatar users and provides online banking solutions with XTM Inc.

  • Announces today that together with fintech innovator, XTM Inc. (CSE:PAID), it will launch its KABN prepaid Visa Card and digital banking platform to support its partnered challenger bank initiatives in North America.
  • Partner managed platform will initially include a multi-currency and KABN KASH integrated account platform, connected to the KABN Visa Card, which has the capability to add additional 3rd party currency, investment, and other financial services solutions.

TORONTO, ON / January 6, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the “Company“, “KABN North America” or “KABN NA“) (www.kabnsystemsna.com), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity (“SSI”) through its Liquid Avatar (www.liquidavatar.com) platform, announces today that together with fintech innovator, XTM Inc. (CSE:PAID), it will launch its KABN prepaid Visa Card and digital banking platform to support its partnered challenger bank initiatives in North America.

The partner managed platform will initially include a multi-currency and KABN KASH integrated account platform, connected to the KABN Visa Card, which has the capability to add additional 3rd party currency, investment, and other financial services solutions. These services will be available through the Liquid Avatar app, which provides users with a biometrically, verified, SSI solution allowing them to manage a wide range of verifiable credentials, online site and program access, and data permissions, putting control over personal data where it belongs – in the hands of its owners.

Read More: https://agoracom.com/ir/KABN/forums/discussion/topics/752406-kabn-north-america-and-liquid-avatar-unveils-new-challenger-banking-program-for-verified-self-sovereign-identity-users/messages/2296214#message

$KABN.ca North America Announces Closing of $1.15 Million Brokered Private Placement Financing $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 11:34 AM on Wednesday, December 23rd, 2020
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  • Announced that it has closed its previously announced brokered private placement of units of the Company, pursuant to which the Company issued 7,666,667 Units at a price of $0.15 per Unit for aggregate gross proceeds of $1,150,000
  • The Offering was led by Mackie Research Capital Corporation as sole agent and sole bookrunner

TORONTO, ON / December 23, 2020 / KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN North America” or “KABN NA“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the U.S., is pleased to announce that it has closed its previously announced brokered private placement of units of the Company (the “Units“), pursuant to which the Company issued 7,666,667 Units at a price of $0.15 per Unit (the “Offering Price“) for aggregate gross proceeds of $1,150,000 (the “Offering“). The Offering was led by Mackie Research Capital Corporation as sole agent and sole bookrunner (the “Agent“).

Each Unit is comprised of one common share of the Company (a “Common Share“) and one Common Share purchase warrant (a “Warrant“). Each Warrant is exercisable to acquire one Common Share (a “Warrant Share“) at an exercise price of $0.20 per Warrant Share, for a period of 24 months from the closing of the Offering.

The Company intends to use the net proceeds raised under the Offering for working capital and general corporate purposes.

In connection with the Offering, the Agent received an aggregate cash fee equal to 8.0% of the gross proceeds from the Offering including in respect of any exercise of the Agent’s Option. In addition, on closing the Company granted the Agent non-transferable compensation options (the “Compensation Options“) equal to 8.0% of the total number of Units sold under the Offering (including in respect of any exercise of the Agent’s Option). Each Compensation Option entitles the holder thereof to purchase one Unit at an exercise price equal to the Offering Price for a period of 24 months following the Closing.

In addition, the Company has paid the Agent a financial advisory fee satisfied by the issuance of 830,000 Common Shares.

The securities issued pursuant to the Offering are subject to a four-month and one day hold period under applicable securities laws in Canada.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About KABN North America

KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from the use of their online identity. KABN NA’s propriety technology suite includes 4 key products:

Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allow users to manage and control their Self Sovereign Identity and to use Liquid Avatars to share verifiable credentials, including access, identity and designation credentials, and public and permission based private data when they want and with whom they want. www.liquidavatar.com

KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.

KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com

KABN KASH is a cashback, loyalty and engagement program that powers the KABN NA’s revenue ecosystem. KABN NA provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com

For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com

KABN Systems NA Holding Corp. is a publicly listed company listed on the Canadian Securities Exchange under the symbol “KABN”.

For further information, please contact:

David Lucatch
647-725-7742 Ext. 701
[email protected]

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the proposed use of the net proceeds of the Offering.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

SOURCE: KABN Systems NA Holdings Corp.

$KABN.ca North America Announces Closing of $3 Million Non-Brokered Private Placement $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 8:11 AM on Tuesday, December 22nd, 2020
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  • Announced that it has closed its Non-Brokered Private Placement of units for gross proceeds of approximately $3 Million previously announced on December 10, 2020.
  • A total of 19,999,997 Units were issued at a purchase price of $0.15 per Unit, with each Unit comprised of one common share of the Company and one Common Share purchase warrant
  • Each Warrant is exercisable to acquire one Common Share at an exercise price of $0.20 per Warrant Share for a period of 24 months from the closing.

TORONTO, ON / December 22, 2020 / KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN North America” or “KABN NA“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the U.S., is pleased to announce that it has closed its Non-Brokered Private Placement of units (“Units“) for gross proceeds of approximately $3 Million (the “Non-Brokered Offering“) previously announced on December 10, 2020. A total of 19,999,997 Units were issued at a purchase price of $0.15 per Unit, with each Unit comprised of one common share of the Company (a “Common Share“) and one Common Share purchase warrant (a “Warrant“). Each Warrant is exercisable to acquire one Common Share (a “Warrant Share“) at an exercise price of $0.20 per Warrant Share for a period of 24 months from the closing. The Units will have a hold period of four months and one day from the applicable closing.

“We are pleased to welcome a number of new investors and financial services firms as Company shareholders. The interest in the offering was in excess of the available units, even after the increase in the offering from $2 Million to $3 Million,” said David Lucatch, CEO. “We would also like to welcome Mr. Rob Anson, CEO of Loop Insights Inc., and Mr. Sheldon Inwentash, Founder, Chairman and CEO of ThreeD Capital, both as new investors in KABN NA and as members of our Industry Advisory Committee to support the Company with its future growth.”

In connection with the Non-Brokered Offering, the Company paid finder’s fee in the aggregate sum of $130,620 and issued 990,800 compensation options (the “Finders’ Options“) to certain eligible finders. Each Finders’ Option entitles the holder to purchase one Unit at an exercise price equal to C$0.15 per Unit at any time up to 24 months following closing.

The Company’s previously announced brokered private placement of up to $1.15 Million is expected to close on or about December 29, 2020, or on such earlier date as agreed upon between the Company and the agent, and is subject to certain conditions, including receipt of subscription agreements and payment of the subscription amounts by subscribers.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

Update on Family Office Financing
With respect to the US-led Family Office financing originally announced on August 18, 2020, with subsequent updates made on September 16, and October 22, 2020, the subscribers have failed to date to fund their commitments. On December 8, 2020, the Company delivered demand letters to the subscribers, demanding that they close by December 11, 2020. Having failed to do so, the Company views these agreements as being at an end, and has demanded that the subscribers reimburse the Company for the costs it has incurred in respect of these subscriptions. The Company is reserving its rights to take further action in the future.

About KABN North America – www.kabnnaholdco.com
KABN Systems NA Holdings Corp. through its wholly-owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from the use of their online identity. KABN NA’s propriety technology suite includes 4 key products:

Liquid Avatar allows users to create high-quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allow users to manage and control their Self Sovereign Identity and to use Liquid Avatars to share verifiable credentials, including access, identity and designation credentials, and public and permission-based private data when they want and with whom they want. www.liquidavatar.com

KABN ID is an Always On, biometric and blockchain-based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.

KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com

KABN KASH is a cashback, loyalty and engagement program that powers the KABN NA’s revenue ecosystem. KABN NA provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com

For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com

KABN Systems NA Holding Corp. is a publicly listed company listed on the Canadian Securities Exchange under the symbol “KABN”.

For further information, please contact:
David Lucatch
647-725-7742 Ext. 701
[email protected]

AGORACOM Small Cap 60: $KABN.ca Addressable Market is 100% of People Online $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 12:09 PM on Wednesday, December 16th, 2020
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David Lucatch CEO, President & Chair of KABN Systems NA Holding Corp. (KABN:CSE) says their addressable market is 100% of people online due to the fact that every single person online needs to manage their identity.  The company empowers users by giving them the tools to manage their self-sovereign identity and data online.

Hub On AGORACOM / Corporate Profile