Calgary, Canada — August 1, 2019 — Field Safe Solutions, Inc., (“Field Safe Solutions”,”Field Safe” or the “Company“) a global leader in field data capture and EHS solutions that connect at-risk workers and support the digital transformation of EHS programs, announced today the completion of a non-brokered private placement of 832,209 Field Safe shares at a price of $1.50 per Field Safe share, for gross proceeds of $1,248,313.50. The financing was completed in tranches throughout January 2019 to August 2019 and there were no finder’s fees paid in connection with the offering.
Field Safe CEO Cameron Barrett said, “We are growing at a rapid rate. Our continued goal is to provide business value to our customers by providing the easiest, most user-friendly way to capture data from the field. This infusion of capital will allow us to do that.”
We will use capital to expand the functionality of existing products, invest in new innovations, and support company growth strategies.
About Field Safe Solutions:
Field Safe Solutions is a cloud-based software-as-a-service (SaaS) company. Our head office is in Calgary, Alberta. Our easy-to-use EHS solution and smarter workflows methodology connect workers and help our clients save time, save money, and save lives. We do this by resolving the field data gap: facilitating real-time communication and information sharing among workers whether at a client site, working from home, at the office, or in transit at any time, anywhere in the world. For more information, visit our website at www.fieldsafesolutions.com and follow us on LinkedIn.
INVESTOR/ANALYST AND MEDIA CONTACT
Danny Hay, CFO