22:11:40 EDT Mon 08 Jun 2026
Enter Symbol
or Name
USA
CA



Salescloser Technologies Ltd
Symbol SCAI
Shares Issued 35,956,228
Close 2026-06-08 C$ 0.80
Market Cap C$ 28,764,982
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Salescloser issues shares for consulting services

2026-06-08 20:31 ET - News Release

Mr. Adrian Lim reports

SALESCLOSER PROVIDES UPDATE ON PAYMENTS TO CONSULTANT

Salescloser Technologies Ltd., further to the company's news release dated March 31, 2026, regarding the company's consulting agreement with Green Times Consulting Ltd. dated April 1, 2026, has issued the second and final tranche of 87,064 common shares to Green Times at a price of 84.4 cents per share as payment for the consulting services provided to the company for the period from May 1, 2026, to May 31, 2026. The payment shares are subject to a four-month resale hold period ending Oct. 9, 2026.

Previously, on May 1, 2026, the company announced that it had issued a first tranche of 144,257 common shares to Green Times at a price of $1.018 per share for consulting services provided for the period from April 1, 2026, to April 30, 2026. In total, the company has issued 231,321 shares to Green Times in payment for its services under the consulting agreement, inclusive of GST. Green Times is an arm's-length party to the company and its affiliates.

About Salescloser Technologies Ltd.

Salescloser is a Vancouver-based AI (artificial intelligence) software company focused on automating and scaling revenue generation through conversational AI. The company's platform enables businesses to deploy AI-powered virtual sales agents that engage prospects and customers across the sales life cycle. Salescloser's agents conduct real-time, personalized interactions across voice, video and digital channels, including lead qualification, product demonstrations, follow-ups and meeting scheduling. By augmenting core sales functions, the platform helps organizations increase capacity, accelerate pipeline velocity and improve conversion rates without a corresponding increase in head count. The platform integrates with existing CRM (customer relationship management) and business systems, supports multilingual deployment and delivers consistent, high-quality customer interactions across industries. Salescloser operates under a subscription-based SaaS (software-as-a-service) model, generating recurring revenue with strong visibility and high gross margins while continuously enhancing its AI capabilities. The company's technology is supported by a growing portfolio of patent applications focused on improving the performance of AI-driven conversational workflows. Salescloser is listed on the TSX Venture Exchange under the ticker SCAI.

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