Peeks Social Announces Name Change to ‘Personas Social Incorporated’ and Provides Results from its Special Shareholders Meeting

Toronto, Ontario, CANADA

TORONTO, July 13, 2020 (GLOBE NEWSWIRE) -- Peeks Social Ltd. (TSX.V: PEEK) (OTCQB: PKSLF) (the “Company”) is pleased to announce that it has formally changed its name to “Personas Social Incorporated”.  All necessary approvals of the name change have now been obtained, including the approval of shareholders, which was obtained at the special meeting, held on June 29, 2020 ("Special Meeting"). No further action will be required by shareholders of the Company and certificates will continue to be valid despite the name change. Concurrent with the name change, the trading symbol of the Company will be changed to “PRSN”. The name change and new trading symbol for the TSX Venture Exchange will take effect at the opening of markets on or about July 15, 2020.

The Management Information Circular, provided to the shareholders of the Company for the Special Meeting, proposed a name change of the Company to ‘ Corp.’, or such other name as the directors determined. Following shareholder approval for the name change at the Special Meeting, management and the directors of the Company, decided that it was in the best interest of the Company to change the name of the Company from ‘Peeks Social Ltd.’ to ‘Personas Social Incorporated’ instead of ‘ Corp.’, to better reflect the Company’s new live videoconferencing technology – Personas Live.

The Company at this time would also like to announce that it has changed its fiscal year end date of February 28th to December 31st. Furthermore, the Company would also like to announce that it has made a change of auditors, to Baker Tilly WM LLP effective July 6, 2020. 

For further information, please contact:
Personas Social Incorporated
Mark Itwaru                                                                                                                      
Chairman & Chief Executive Officer                                                                                        

Forward Looking Statements

This news release contains forward-looking statements relating to the expected benefits to be received from the reduced payout times.  There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are risks detailed from time to time in the filings made by the Company with securities regulations. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.