Category: Investor News & PR

[:en]

CSE Symbol: HP
Frankfurt Symbol: 27H
OTC Markets Symbol: HLLPF

Vancouver, British Columbia: Hello Pal International Inc. (“Hello Pal” or the “Company”) is pleased to announce that it has closed its convertible note (the “Notes”) private placement in the principal amount of $425,000 (the “Financing”).  Under the Financing, each Note will bear interest at a rate of 15% per annum and be due five (5) years from the date of issue.

The Notes will be convertible into units (a “Unit”) at a price of $0.115 per unit and each unit will consist of one common share of Hello Pal and one share purchase warrant (a “Warrant”).  Each Warrant will entitle the holder to purchase an additional share common share of Hello Pal at a price of $0.115 per share for a period of five years from the date of issue.

The securities issued under the Financing will subject to restrictions on resale expiring on August 17, 2018.  No finder’s fees were payable under the Financing.

Proceeds of the Financing will be used for developments to the Hello Pal Platform and general corporate purposes.

For information with respect to the Company or the contents of this news release, please contact Ryan Johnson, Corporate Development at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: [email protected].

About the Hello Pal Platform

The Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, travel and language learning. Hello Pal has been designed from the ground up to be easy to use and enables users’ the freedom to speak in their own language regardless of the other person’s language they are speaking to. Hello Pal’s overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world, and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.

Hello Pal was the first app released to the public and experienced rapid growth building a diverse and active global user base. Travel Pal is the first companion app to launch and benefits from this broad-based group of users. Each new app will launch with this established rapidly growing user base accelerating their adoption.

Information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions, and expectations; they are not guarantees of future performance. Hello Pal cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Hello Pal’s control. Such factors include, among other things: Hello Pal’s limited operating history, obtaining regulatory approvals and those risks and uncertainties described in its management discussion and analysis filed on www.sedar.com. Accordingly, actual, and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Hello Pal undertakes no obligation to publicly update or revise forward-looking information.

THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE[:]

[:en]

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that an annual general meeting (the “Meeting”) of the shareholders of Hello Pal International Inc. (the “Company”) will be held at Suite 704 – 595 Howe Street, Vancouver, BC V6C 2T5 on Thursday, February 8, 2018 at 10:00 a.m. (Vancouver, British Columbia time). At the Meeting, the shareholders will receive the financial statements for the year ended February 28, 2017 together with the auditor’s report thereon, and consider resolutions to:

1. to receive the audited financial statements of the Company for the financial year ended February 28, 2017 together with the auditor’s report thereon;
2. to fix the number of directors at four (4);
3. to elect directors for the ensuing year;
4. to appoint the auditors for the ensuing year and to authorize the directors to fix their remuneration;
5. to transact such further or other business as may properly come before the meeting and any adjournments thereof.

The accompanying information circular provides additional information relating to the matters to be dealt with at a meeting and is deemed to form part of this notice of meeting.

The Company’s Board of Directors has fixed December 11, 2017 as the record date for the determination of shareholders entitled to notice of and to vote at the Meeting and at any adjournment or postponement thereof. Each registered shareholder at the close of business on that date is entitled to such notice and to vote at the Meeting in the circumstances set out in the Information Circular.

If you are unable to attend the meeting in person, please complete, sign and date the enclosed form of proxy and return the same in the enclosed return envelope provided for that purpose within the time and to the location set out in the form of proxy accompanying this notice of meeting.

Dated this 12th day of January, 2018

ON BEHALF OF THE BOARD
“Gunther Roehlig”
Director

Please refer to circular for more details: HP-2017AGMCircular.pdf

Please download the forms here:

• Form of Proxy
• Voting Instruction Form

[:]

[:en]

New Version Includes Genesis of Future Advertising Platform

Vancouver, British Columbia: Hello Pal International Inc. (“Hello Pal” or the “Company”), provider of rapidly growing international social messaging, travel and language learning applications, is pleased to announce the release of version 3.1. of the Hello Pal app.

Hello Pal version 3.1 allows for users to sign in or register using their WeChat or QQ account. This feature is particularly important for users in Asia (especially in China) where WeChat and QQ are amongst the most popular instant messenger platforms, with over 700 million and 800 million monthly active users respectively across the world.  The Company expects that WeChat and QQ sign on will streamline the user registration process, ultimately increasing signup rates and engagement.

“Hello Pal 3.1 will also mark the debut of a direct notification feature that allows the platform to send targeted notifications to users. As app traffic increases, we’re learning ever more about our users’ intents and interests,” said Daniel Kou, CTO of Hello Pal. “This data has enabled Hello Pal to design a notification system capable of pushing relevant and useful messages to our users with optimized timing. We plan to debut the feature with a notification about the launch date of the coming Travel Pal companion app. “

The Company expects that although the Travel Pal social travel app will be launched before the end of the year, through the notification platform, Hello Pal users will have an opportunity to create their travel-related profiles ahead of time.

“This is the first step in our unique strategy of launching companion apps that focus more specifically on our user’s interests. Each app will launch with an immediate active user base and allow us to focus the marketing efforts of each companion app to a more targeted demographic. I am very proud of our team’s efforts in moving this strategy forward so quickly as shown by an early launch of Travel Pal,” said KL Wong, founder and CEO of Hello Pal.

This latest Hello Pal update also allows users to share and search by interests to find new pals who like the same things. The Company expects that interest-based search, along with its continued efforts to allow users to easily share information with others, will further add to user activity, increased user engagement and retention.

The Company’s expanding platform will inform and shape Hello Pal’s ability to introduce monetization features in the near future.  The notification feature is the beginning of such initiatives. The Company and its founders are encouraged by the success experienced by apps such as MoMo (NASDAQ: MOMO). MoMo, a Chinese, location base socialization app, continues to be well received by both its users and investors. MoMo achieved profitability quite rapidly and Hello Pal plans to emulate certain successful MoMo features in its development strategy. Hello Pal is excited about the growth potential of our evolving family of apps, and a multitude of monetization strategies, including advertising and sponsorship.

The Company has also recently added an Arabic phrasebook to meet the increase in registered users from the Middle East, thereby allowing global users to more easily communicate with Middle East users in Arabic. Language phrasebooks can also be downloaded as separate apps at the IOS and Android stores.

For information with respect to the Company or the contents of this news release, please contact Ryan Johnson, Corporate Development at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: [email protected].

To view the Company’s investor presentation please visit investor.hellopal.com.

To view a demonstration of the Hello Pal app please follow this link: Hello Pal Demonstration

Try Hello Pal for iOS and Android.

Information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Hello Pal cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Hello Pal’s control. Such factors include, among other things: Hello Pal’s limited operating history, obtaining regulatory approvals and those risks and uncertainties described in Hello Pal’s Listing Statement dated May 10, 2016 available on www.cnsx.ca. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Hello Pal undertakes no obligation to publicly update or revise forward-looking information.

THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

[:]