SIYATA MOBILE INC. ("SIM") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: October 19, 2017 TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing an Asset Purchase Agreement dated October 1, 2017 between Siyata Mobile Israel Ltd, wholly owned subsidiary of Siyata Mobile Inc., (the "Company") and eWave Mobile Ltd.("eWave"), whereby the Company, through its subsidiary, will acquire the distribution rights of enterprise work force hardware and software that will be embedded in the company's connected in-vehicle and rugged portfolio of devices. In consideration, the Company will issue 1,403,248 shares to eWave and may pay up to US$270,000 in quarterly payments from December 31, 2017 to March 31, 2020.
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