HIRE Technologies & RSI International Systems Mutually Terminate Transaction to Combine
June 22 2020 - 8:45AM
HIRE Technologies Inc. (TSX-V: HIRE) ("HIRE") and RSI International
Systems Inc. (NEX: RSY.H) ("RSI") have mutually agreed to terminate
their agreement to combine or amalgamate, as announced in a press
release dated February 21, 2020.
Neither party must pay the other a termination
fee because of the mutual decision to terminate the agreement.
About RSI International
SystemsRSI International Systems Inc. sold its only
business asset, RoomKeyPMS, in early 2019. The Company is now
seeking to use the net sale proceeds to invest in a new
business.
About HIRE TechnologiesHIRE is
focused on the acquisition of information technology, staffing, and
HR consulting firms. We provide our partners with meaningful
cross-selling opportunities, access to leading technology, and a
centralized back-office system to support growth.
For further information, please contact:
RSI International Systems
Inc.Adam Ho, CEO & DirectorPhone: (604) 329 1009Email:
adamho@shaw.ca
HIRE Technologies Inc.Simon
Dealy, Chief Executive OfficerPhone: (647) 868-9611Email:
sdealy@hire.companyWeb: hire.company
Neither the TSXV nor it's Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accept
responsibility for the adequacy or accuracy of this press
release.
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