Latest news with #TenetFintechGroupInc
Yahoo
2 days ago
- Business
- Yahoo
Tenet Provides Update on Delayed Filing of Year-End 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - June 13, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that completing the audit of the Company's year-end 2024 financial statements (the "Financial Statements") would take longer than originally expected, in part due to the transition of the Company's operations in China and the impact on the Company's revenue, and the late start to the audit process affecting the availability of resources. The Company has now set the week of July 14, 2025 as the revised target date to complete the audit and filing of the Financial Statements following a recent meeting with the Company's auditors during which the matter was discussed. Upcoming Cubeler Business Hub Improvements Tenet would like to take this opportunity to thank all Cubeler Business Hub users who have provided, and continue to provide, feedback on their experiences with the platform. The information has been extremely valuable to the Company and has led to several improvements, particularly to the Networking and Insights modules, to be reflected in a relaunch of the platform this summer before its expansion to the United States. Tenet Chief Operating Officer, Mayco Quiroz, will be previewing some of the platform's new and improved features in a short recorded video to be released on June 20, 2025. About Tenet Fintech Group Inc.: Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: For more information, please contact: Tenet Fintech Group Quiroz, Chief Operating Officer514-340-7775 ext.: 510investors@ CHF Capital MarketsCathy Hume, CEO416-868-1079 ext.: 251cathy@ Follow Tenet Fintech Group Inc. on social media: X: @Tenet_Fintech Facebook: @Tenet LinkedIn: Tenet YouTube: Tenet Fintech Forward-Looking Information Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
Globe and Mail
28-03-2025
- Business
- Globe and Mail
Tenet's Business Hub Welcomes Three More Accounting and Bookkeeping Service Partners, Collectively Servicing SMEs in Major North American Cities
Toronto, Ontario--(Newsfile Corp. - March 28, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it recently entered into partnership agreements with three accounting and bookkeeping service providers in its continuous quest to provide SME entrepreneurs with the technology-driven tools and services they need to operate and grow their businesses efficiently. The three accounting firms collectively serve SMEs in major cities across Canada and the United States, including Montreal, Toronto, Vancouver, Calgary, New York, Los Angeles, Miami, Dallas, Chicago, Houston, Las Vegas, Seattle and many more. They provide bookkeeping, tax preparation and payroll management services, among others, to businesses operating in a wide range of sectors, such as technology (SaaS, AI, cloud solutions), retail, healthcare, manufacturing, hospitality, logistics and transportation, construction, real estate, professional services, and food processing to name just a few. Tenet plans to expand the Business Hub to the U.S. soon and recently began recruiting U.S. operating technology and service partners ahead of the platform's U.S. launch. "Although we haven't yet expanded the Business Hub to the U.S., our new partners' presence south of the border is of great value to us because it will allow us to immediately hit the ground running as soon as we're ready to start servicing U.S. SMEs," commented Fredi Tasciyan, Director of Strategic Partnerships and Financial Institutions at Cubeler. "We also greatly value all our accounting and bookkeeping partners' commitment to using Dext Software's bookkeeping automation platform to help provide their SME clients with daily pictures of their financial and accounting data. Their use of the Dext platform, along with their existing services, will nicely complement the Business Hub's offerings and combine to bring significant value to North American SMEs," concluded Mr. Tasciyan. About Tenet Fintech Group Inc.: Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: For more information, please contact: Tenet Fintech Group Inc. Mayco Quiroz, Chief Operating Officer 514-340-7775 ext.: 510 investors@ CHF Capital Markets Cathy Hume, CEO 416-868-1079 ext.: 251 cathy@ Follow Tenet Fintech Group Inc. on social media: X: @Tenet_Fintech Facebook: @Tenet LinkedIn: Tenet YouTube: Tenet Fintech Forward-looking information Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Yahoo
28-03-2025
- Business
- Yahoo
Tenet's Business Hub Welcomes Three More Accounting and Bookkeeping Service Partners, Collectively Servicing SMEs in Major North American Cities
Toronto, Ontario--(Newsfile Corp. - March 28, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it recently entered into partnership agreements with three accounting and bookkeeping service providers in its continuous quest to provide SME entrepreneurs with the technology-driven tools and services they need to operate and grow their businesses efficiently. The three accounting firms collectively serve SMEs in major cities across Canada and the United States, including Montreal, Toronto, Vancouver, Calgary, New York, Los Angeles, Miami, Dallas, Chicago, Houston, Las Vegas, Seattle and many more. They provide bookkeeping, tax preparation and payroll management services, among others, to businesses operating in a wide range of sectors, such as technology (SaaS, AI, cloud solutions), retail, healthcare, manufacturing, hospitality, logistics and transportation, construction, real estate, professional services, and food processing to name just a few. Tenet plans to expand the Business Hub to the U.S. soon and recently began recruiting U.S. operating technology and service partners ahead of the platform's U.S. launch. "Although we haven't yet expanded the Business Hub to the U.S., our new partners' presence south of the border is of great value to us because it will allow us to immediately hit the ground running as soon as we're ready to start servicing U.S. SMEs," commented Fredi Tasciyan, Director of Strategic Partnerships and Financial Institutions at Cubeler. "We also greatly value all our accounting and bookkeeping partners' commitment to using Dext Software's bookkeeping automation platform to help provide their SME clients with daily pictures of their financial and accounting data. Their use of the Dext platform, along with their existing services, will nicely complement the Business Hub's offerings and combine to bring significant value to North American SMEs," concluded Mr. Tasciyan. About Tenet Fintech Group Inc.: Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: For more information, please contact: Tenet Fintech Group Quiroz, Chief Operating Officer514-340-7775 ext.: 510investors@ CHF Capital MarketsCathy Hume, CEO416-868-1079 ext.: 251cathy@ Follow Tenet Fintech Group Inc. on social media:X: @Tenet_FintechFacebook: @TenetLinkedIn: TenetYouTube: Tenet Fintech Forward-looking informationCertain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
Yahoo
14-03-2025
- Business
- Yahoo
Tenet Closes Non-Brokered Private Placement Financing for Gross Proceeds of $3.6M
Toronto, Ontario--(Newsfile Corp. - March 14, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has closed a non-brokered private placement financing, with ThreeD Capital Inc. as its lead investor, by selling 72,983,340 units to "accredited investors" within the meaning of NI 45-106 - Prospectus Exemptions and under the applicable securities laws, with each unit priced at $0.05 for gross proceeds of $3,649,167 (the "Financing"). Tenet plans to use the proceeds of the Financing to develop macroeconomic data indexes for the Company's recently launched ie-Pulse platform, to prepare the expansion of the Cubeler Business Hub to the U.S. and for general working capital purposes. Each unit (a "Unit") of the Financing is comprised of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.15 for a period of 24 months from the date of issuance thereof (the "Expiry Date"). After a period of 6 months from the date of their issuance, if at any time the price of the Common Shares closes at or above $0.30 for 10 consecutive trading days, the Expiry Date of the Warrants will be reduced to thirty 30 days (the "Accelerated Expiry Date"). Any Warrants remaining unexercised after the Accelerated Expiry Date will be cancelled. Certain qualified individuals and registered investment dealers ("Finders"), who assisted the Company with respect to the Financing, received from the Company, in compliance with securities laws, a cash finder's fee equal to 8% of the gross proceeds raised and a number of finder's warrants ("Finder's Warrants") equal to 8% of the number of Units placed. Each Finder's Warrant entitles the holder thereof to subscribe for one Common Share at a price of $0.15 during the 24 months following its issuance, subject to the Accelerated Expiry Date conditions. The securities issued in connection with the Financing are subject to a hold period of four months and one day from the closing date of the Financing. Shares for Service Settlement Tenet also announced today, in compliance with the policies of issuing shares for services of the Canadian Securities Exchange, that it issued 912,968 common shares of the Company at deemed prices per share ranging from $0.05 to $0.10 to settle $56,500 worth of debt to strategic advisor Altitude Capital Consultants Inc. About Tenet Fintech Group Inc.: Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: For more information, please contact: Tenet Fintech Group Inc. Mayco Quiroz, Chief Operating Officer514-340-7775 ext.: 510investors@ CHF Capital MarketsCathy Hume, CEO416-868-1079 ext.: 251cathy@ Follow Tenet Fintech Group Inc. on social media:X: @Tenet_FintechFacebook: @TenetLinkedIn: TenetYouTube: Tenet Fintech THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF ANY OF THE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL, INCLUDING ANY JURISDICTION IN THE UNITED STATES OF AMERICA. THE SECURITIES DESCRIBED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE 1933 ACT) UNLESS REGISTERED UNDER THE 1933 ACT AND APPLICABLE STATE SECURITIES LAWS, OR AN EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS IS AVAILABLE. Forward-looking information Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. ***** NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ***** To view the source version of this press release, please visit
