November 20, 2018 – Vancouver, British Columbia – Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (CSE: NTAR) (FSE:N29) is pleased to announce a partnership with Cannabis Creative Group, a cannabis centric website design and development, online marketing, and consulting services company with offices in Newton, MA. NexTech and Cannabis Creative have agreed to refer clients to each other under a mutual referral agreement.
TORONTO, November. 19, 2018 (CSE: NTAR) – NexTech AR Solutions (“NexTech” or the “Company”) (CSE:NTAR) is pleased to announce that the Company’s common shares have been listed on the Frankfurt Stock Exchange under the trading symbol “N29”. The Company’s common shares continue to be listed on the Canadian Securities Exchange (“CSE”) under the trading symbol “NTAR”.
November 1st, 2018 – Vancouver, British Columbia – Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (CSE: NTAR) is pleased to announce that it has engaged the services of Stockhouse.com to provide increased market awareness and investor relations services to the Company. Stockhouse is a financial portal with one of the largest communities of active investors in North America. It provides financial news, tools and information that enable its investor community to uncover and share opportunities on high growth investment sectors, market trends, small cap stocks and more.
October 30, 2018 – Toronto, ON – NexTech AR Solutions Corp. (“NexTech” or the “Company”) is pleased to announce that the Canadian Securities Exchange (the “CSE”) has approved the listing of the common shares of NexTech. NexTech’s shares are expected to begin trading on the CSE on October 31, 2018 under the trading symbol “NTAR”.
October 15, 2018 – Toronto, ON – NexTech AR solutions (the “Company” or “NexTech”) is pleased to announce its participation in the launch of Stephen Hawking’s October 15th sold out event held at The Royal Institution of Great Britain. The Royal Institution was founded in March 1799 with the aim of introducing new technologies and teaching science to the general public. NexTech was tapped to create an IMAX short film for this event which will be the basis for potential additional Stephen Hawking AR and holographic content.
September 24, 2018 – Toronto, ON – NexTech AR Solutions Corp. (the “Company” or “NexTech”) is pleased to announce the appointment of Mr. Reuben Tozman as Chief Operating Officer, effective immediately. Prior to joining NexTech Mr. Tozman was the VP of Product for Shutterstock Custom (previously Flashstock) and his responsibilities included structuring the product organization to better meet stakeholder demands and market conditions, along with overseeing engineering performance. Mr. Tozman was previously the Chief Product Officer at NexTech.
September 11th, 2018, Toronto, Ontario – NexTech AR Solutions Corp. (“NexTech” or the “Company”) is pleased to announce that it has signed a joint venture agreement (the “JV Agreement”) with Fish out of Water Design Inc. (“Fish out of Water”), a fully integrated design and communication firm. Pursuant to the JV Agreement, the NexTech agreed to bring its augmented reality, holographic teleportation and AI technology stack to the joint venture, while Fish out of Water will contribute its many years of industry expertise in brand building as well as access to its stable of traditional clients and emerging list of clients in the cannabis industry.
Los Angeles, CA – August 10th, 2018 – Nextech AR Solutions Corp. is pleased to announce the installation of its Holographic Teleportation equipment at the New Balance “REWIND TO THE 90’S EXPERIENCE” themed museum installation in LA. In celebration of the global launch of the New Balance X-90 Knit, a sneaker that combines the best of the 90s with 2018 street style, Foot Locker and New Balance today announce their plans to open a “Rewind to the 90s” Pop-Up Shop in Los Angeles. The experiential Pop Up, which takes place at the beautiful Think Tank Gallery, located at 939 Maple Ave, will feature Nextech Holographic display technology and is both free and open to the public daily from 12-7 p.m. from Aug. 10-14, 2018.
On July 31, 2018, the Supreme Court of British Columbia issued its final order approving a plan of arrangement among Future Farm Technologies Inc., the Future Farm Technologies shareholders and Nextech AR Solutions Corp.
Under the Plan of Arrangement, Future Farm will spin-out 11,000,000 common shares of Nextech now owned by Future Farm to the Future Farm shareholders on a pro rata basis. Future Farm shareholders will then own approximately 25.86% of the issued and outstanding common shares of Nextech. On a per share basis, Future Farm shareholders will be entitled to receive, for every one common share of Future Farm held by them, a fraction of a Nextech common share equal to the quotient of 11,000,000 Nextech common shares divided by the number of Future Farm common shares outstanding on the close of business on the last trading day on the CSE immediately prior to the effective date of the plan of arrangement (the “Effective Date”).
The last trading day on the CSE immediately prior to the Effective Date will be the record date for the distribution of Nextech shares (the “Share Distribution Record Date”). Notice of the actual Share Distribution Record Date and the Effective Date will be given to the Future Farm Shareholders through one or more press releases.
“We are glad that the majority of our shareholders agreed with our plan to spin-out Nextech, and that the court issued its approval,” comments William Gildea, CEO of Future Farm. “Nextech occupies a valuable niche in the cannabis market, and now shareholders of Future Farm will enjoy its success as well.”
According to a market intelligence report by BIS Research, titled “Global Augmented Reality and Mixed Reality Market – Analysis and Forecast, 2018-2025”, the augmented reality market was estimated to be $3.48 billion in 2017 and is estimated to reach $198.17 billion by 2025.
