TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") (TSXV:BTV; OTCQB:BTVRF), a pioneering personalized video Software as a Service ("SaaS") company, announces its election to convert $750,000 of principal under two convertible debentures issued in 2018 held by arm’s length lenders. Under the terms of the convertible debentures the Company had the option to convert principal on the maturity date (October 31, 2023). Accordingly, the Company has issued an aggregate of 1,428,573 in satisfaction of the $750,000 of principal due to the two lenders on today’s maturity date. The shares issuable are no subject to any statutory hold periods.
About BlueRush
BlueRush develops and markets IndiVideo®, a disruptive, award-winning interactive personalized video platform that drives return on investment throughout the customer lifecycle, from increased conversions to more engaging statements and customer care. IndiVideo® enables BlueRush clients to capture knowledge and data from their customers' video interaction, creating new and compelling data driven customer insights. For more information about IndiVideo® and BlueRush visit https://www.bluerush.com.
To sign up for the waitlists, visit https://www.bluerush.com/individeo-ai-powered-video/
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.
For further information please contact:
Steve Taylor
Chief Executive Officer
BlueRush Inc.
Tel: 416-457-9391
Email: steve.taylor@bluerush.com
Kendra Borutski
Director of Marketing
BlueRush Inc.
Email: kendra.borutski@bluerush.com
