Peak Announces Exercise of Warrants and Conversion of Debentures

MONTREAL, QC / ACCESSWIRE / June 7, 2016 / Peak Positioning Technologies Inc. (CSE: PKK) (OTC Pink: PKKFF) (“Peak” or the “Company”) today announced that since the announcement of the closing its $4M strategic partnership transaction with the Zhonghai Wanyue Group on May 31, the Company issued 1,300,000 common shares at a price of $0.05 per share and 1,792,250 common shares at a price of $0.025 as a result of the exercise of common share purchase warrants. Also since that date, the Company issued an additional 7,126,940 common shares at a price of $0.05 per share as a result of the exercise of the conversion feature of secured convertible debentures.

The announced transactions combine to add $109,806 to the Company’s cash flow and remove $356,347 worth of short-term debt from its books.

Peak in the Media

Peak also announced that the Company’s CEO, Mr. Johnson Joseph, granted a telephone interview to Stockhouse Publishing Ltd., following the closing of the Company’s partnership transaction with the Zhonghai Wanyue Group. The resulting article, which touches on Peak’s unique access to the Chinese tech space as a result of the partnership, was published on Stockhouse.com earlier today and can be accessed by clicking on the following link:

http://www.stockhouse.com/news/newswire/2016/06/07/peak-positioning-c-pkk-opens-massive-chinese-tech-market-with-transformative

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. is an IT portfolio management company whose mission is to assemble, finance and manage a portfolio of high-growth-potential companies and assets in some of the fastest growing tech sectors in China, including Fintech, e-commerce and cloud-computing. Peak provides its shareholders with exceptional growth potential by giving them access to the fastest growing sectors of the world’s fastest growing economy. For more information: http://www.peakpositioning.com.

Contact information:

Cathy Hume
CEO
CHF Investor Relations
Phone: 416-868-1079 ext.: 231
Email: cathy@chfir.com

Or

Carl Desjardins
Managing Partner
Paradox Public Relations Inc.
Phone: 514-341-0408
Email: carldesjardins@paradox-pr.ca

Or

Johnson Joseph
President and CEO
Peak Positioning Technologies Inc.
Phone: 514-340-7775 ext.: 501
Email: investors@peakpositioning.com

SOURCE: Peak Positioning Technologies Inc.

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