Vancouver, British Columbia.VS. – TheNewswire – March 16, 2022. Plank Ventures Ltd. (“Plank” or the “Company”) (CSE: PLNK) announces that it has entered into a loan agreement with Sitemax Systems Inc. (“Sitemax”) for CA$100,000. The loan bears interest at a monthly rate of 2%, compounded monthly, and is repayable in six equal monthly installments commencing six months from the date of the loan. The loan will be used to fund Sitemax’s general working capital needs.
About Sitemax Systems Inc.
SiteMax is a software product designed for the communication needs between the field and the office of a commercial general contractor. SiteMax is a comprehensive construction management software solution that has generated millions of daily logs, safety reports, photo logs, time entries and more, all over the world.
About Plank Ventures Ltd.
Plank is an investment firm targeting technology investments and business opportunities, focusing on early-stage start-ups that have already developed a customer base and revenue base and were seeking funding for expansion.
ON BEHALF OF THE BOARD OF DIRECTORS
CEO and Director
For more information, please contact:
Laurie Baggio, CEO Tel. : 604-428-7050
All statements contained in this press release, other than statements of historical fact, are “forward-looking information” with respect to the Company, Sitemax Systems Inc., and their respective businesses within the meaning of applicable securities laws, including the Company’s business plans and outlook. The company to brings forward-looking statements are intended to convey information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties which may be general or specific and which give rise to the possibility that the expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that the assumptions incorrect and that the objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include, but are not limited to, those identified and disclosed in of the society public filings under his SEDAR profile on www.sedar.com. Although the company Has has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking information, there may be other factors that cause actions, events or results not to be not those anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The company disavows any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.