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     476  0 Kommentare European data centre heavy-weight joins Uniserve board

    VANCOUVER, British Columbia, Jan. 19, 2017 (GLOBE NEWSWIRE) -- Uniserve Communications Corporation (the "Company") wishes to announce that at the Annual General Meeting scheduled for January 19, 2017, each of Messrs. Nicholas Jeffery, Hashim Mitha, Earnest C. Beaudin, Michael C. Scholz, Walter Schultz, Kelly Walker and Thorsten Gutsche will stand for election to act as Directors of the Company as approved by its Shareholders for the ensuing year.  Mr. Albert Lim, the former Interim Chief Financial Officer of the Company, will not stand for relection as a Director. At this time, the Company wishes to thank Mr. Lim for his contribution to the Company since his joining the Board in July of 2014, and wishes him every success in his future endeavours.

    The new addition to the Board is Mr. Nicholas Jeffery who currently resides in London, England. Mr. Jeffery is currently the Director of Data Centre Solutions CBRE and is responsible for client NPD and migration strategies as well as Smart City Solutions. Mr. Jeffery was also the former Managing Director of PSINet Europe and part of the executive team that took the business from a circa $30m loss to $15m profit in two years. PSINet was acquired for $15m out of chapter 11 and was sold for $150m two years later to Telstra and Interroute.

    The Company further wishes to announce the closing of its 35,000,000 Unit private placement at $0.05 per Unit, originally announced in its October 13, 2016 press release, the terms of which were revised pursuant to its December 19, 2016 press release. The Company further announces that it will issue the 35,000,000 Units, with each Unit consisting of one common share and one transferrable share purchase warrant, with each warrant exercisable into one additional common share of the Company at $0.05 per share during year one, and $0.06 per share during year two to the date of expiry, being January 23, 2019 (the "Units") in the next few days. The proceeds derived from the 35,000,000 Unit placement will be used to satisfy the settlements disclosed in the Company's December 7, 2016 Press Release and the balance for working capital. A finder's fee is payable pursuant to this placement by way of 5% cash and a broker's warrant equal to 8% of the total raised by the finder of $9,250 in cash and 296,000 in broker's warrants issued on the same terms and conditions as the Units. In addition, a finder's fee will be paid to a finder of warrants only being equal to 12.5% of the total raised by that finder, of 1,037,500 warrants issued on the same terms and conditions as the Units.

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    European data centre heavy-weight joins Uniserve board Uniserve Communications Corporation (the "Company") wishes to announce that at the Annual General Meeting scheduled for January 19, 2017, each of Messrs. Nicholas Jeffery, Hashim Mitha, Earnest C. Beaudin, Michael C. Scholz, Walter Schultz, Kelly …