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Tenet Engages Altitude Capital Consultants Inc. for Capital Markets Strategy

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Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) has announced a strategic partnership with Altitude Capital Consultants Inc., led by Michael Wekerle, a prominent Canadian capital markets expert. The one-year agreement focuses on capital markets strategy, analysis of strategic opportunities, and advice on funding sources. Altitude will also provide guidance on the commercialization of Tenet's data-driven ie-Pulse product for capital market professionals.

Michael Wekerle, co-founder and Managing Partner of Altitude, brings over 30 years of experience in investment banking and capital markets. His career highlights include key roles in Rogers Communications' takeover of Maclean-Hunter and the IPO of Research in Motion (BlackBerry). Wekerle expressed enthusiasm for Tenet's product offering, stating his belief in its potential success within the industry.

Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ha annunciato una partnership strategica con Altitude Capital Consultants Inc., guidata da Michael Wekerle, un esperto di capital markets canadese di spicco. L'accordo di un anno si concentra su strategia dei mercati di capitali, analisi delle opportunità strategiche e consulenza sulle fonti di finanziamento. Altitude fornirà anche indicazioni sulla commercializzazione del prodotto ie-Pulse basato sui dati di Tenet per i professionisti dei mercati di capitali.

Michael Wekerle, co-fondatore e Managing Partner di Altitude, porta con sé oltre 30 anni di esperienza in investment banking e mercati di capitali. Tra i punti salienti della sua carriera ci sono ruoli chiave nell'acquisizione di Maclean-Hunter da parte di Rogers Communications e nell'IPO di Research in Motion (BlackBerry). Wekerle ha espresso entusiasmo per l'offerta di prodotti di Tenet, dichiarando di credere nel suo potenziale successo nel settore.

Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ha anunciado una asociación estratégica con Altitude Capital Consultants Inc., liderada por Michael Wekerle, un destacado experto canadiense en mercados de capitales. Este acuerdo de un año se enfoca en estrategia de mercados de capitales, análisis de oportunidades estratégicas y asesoría sobre fuentes de financiamiento. Altitude también brindará orientación sobre la comercialización del producto ie-Pulse impulsado por datos de Tenet para profesionales de los mercados de capitales.

Michael Wekerle, cofundador y Socio Director de Altitude, aporta más de 30 años de experiencia en banca de inversión y mercados de capitales. Sus logros incluyen roles clave en la adquisición de Maclean-Hunter por parte de Rogers Communications y la OPI de Research in Motion (BlackBerry). Wekerle expresó su entusiasmo por la oferta de productos de Tenet, afirmando su creencia en el potencial éxito dentro de la industria.

Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF)는 캐나다의 저명한 자본 시장 전문가 Michael Wekerle가 이끄는 Altitude Capital Consultants Inc.와 전략적 파트너십을 발표했습니다. 1년 간의 계약은 자본 시장 전략, 전략적 기회 분석 및 자금 조달 원천에 대한 조언에 초점을 맞추고 있습니다. Altitude는 또한 자본 시장 전문가를 위한 Tenet의 데이터 기반 ie-Pulse 제품의 상용화에 대한 지침을 제공할 것입니다.

Altitude의 공동 창립자이자 관리 파트너인 Michael Wekerle는 투자 은행 및 자본 시장에서 30년 이상의 경험을 가지고 있습니다. 그의 경력 하이라이트에는 Rogers Communications의 Maclean-Hunter 인수 및 Research in Motion(BlackBerry)의 IPO와 같은 주요 역할이 포함됩니다. Wekerle는 Tenet의 제품 제공에 대한 열정을 표명하며 업계 내 성공 가능성을 믿고 있다고 말했습니다.

Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) a annoncé un partenariat stratégique avec Altitude Capital Consultants Inc., dirigé par Michael Wekerle, un expert de premier plan sur les marchés financiers canadiens. L'accord d'un an se concentre sur la stratégie des marchés de capitaux, l'analyse des opportunités stratégiques et le conseil sur les sources de financement. Altitude fournira également des conseils sur la commercialisation du produit ie-Pulse axé sur les données de Tenet pour les professionnels des marchés de capitaux.

Michael Wekerle, co-fondateur et directeur associé d'Altitude, apporte plus de 30 ans d'expérience dans la banque d'investissement et sur les marchés de capitaux. Parmi les faits saillants de sa carrière figurent des rôles clés dans l'acquisition de Maclean-Hunter par Rogers Communications et l'IPO de Research in Motion (BlackBerry). Wekerle a exprimé son enthousiasme pour l'offre de produits de Tenet, affirmant croire à son potentiel de succès dans l'industrie.

Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) hat eine strategische Partnerschaft mit Altitude Capital Consultants Inc. bekannt gegeben, die von Michael Wekerle, einem prominenten Experten für die kanadischen Kapitalmärkte, geleitet wird. Die einjährige Vereinbarung konzentriert sich auf Kapitalmarktstrategie, die Analyse strategischer Chancen und Beratung zu Finanzierungsquellen. Altitude wird auch Anleitung zur Kommerzialisierung von Tenets datengestütztem ie-Pulse-Produkt für Fachleute der Kapitalmärkte bieten.

Michael Wekerle, Mitbegründer und geschäftsführender Partner von Altitude, bringt über 30 Jahre Erfahrung im Investment Banking und Kapitalmarkt mit. Zu den Höhepunkten seiner Karriere zählen Schlüsselrollen beim Erwerb von Maclean-Hunter durch Rogers Communications und dem IPO von Research in Motion (BlackBerry). Wekerle äußerte seine Begeisterung für das Produktangebot von Tenet und bekundete seinen Glauben an dessen potenziellen Erfolg in der Branche.

Positive
  • Partnership with Altitude Capital Consultants Inc. for strategic capital markets advice
  • Guidance on commercialization of Tenet's ie-Pulse product for capital market professionals
  • Engagement of Michael Wekerle, a renowned capital markets expert with over 30 years of experience
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - August 22, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has signed a strategic advisory agreement with Altitude Capital Consultants Inc. ("Altitude"), led by renowned Canadian capital markets expert Michael Wekerle.

Altitude and the Company have agreed to a one-year term whereby Altitude will render certain services that includes primarily capital markets strategy, review and analysis of strategic opportunities, the examination of sources of funding and future capital requirements, and general marketing advice, including on the commercialization of Tenet's data driven ie-Pulse product offering destined to capital market professionals.

Altitude was co-founded by Michael Wekerle where he currently serves as the company's Managing Partner. Mr. Wekerle (or "Wek" as he is affectionally known) has a long track record of success spanning over 30 years in the Canadian investment banking and capital markets landscape. He began his career in the early 1990's at First Marathon and eventually made his way to becoming the firm's Head Trader and as such, played a key role in Rogers Communications' takeover of Maclean-Hunter in 1994. He then went on to Griffiths McBurney and Partners (GMP) where, as Vice-chairman of Trading, he was closely implicated in the initial public offering of BlackBerry maker, Research in Motion in 1997. Wek left GMP in 2011 and started his own merchant banking firm about a year later to provide capital to technology startups. In 2014 he launched a business incubator in the Waterloo, Ontario region, again to help technology startups gain access to funding. His success in the Canadian capital market space and track record of successful investments in early-stage companies led to an appearance on the Canadian reality TV show Dragon's Den, where he spent four seasons as one of the Dragons from 2014 to 2017.

"As a capital market professional myself, I took one look at the product offering that Tenet is planning to bring to the industry and I knew this was something I had to get involved in," commented Mr. Wekerle. "I truly believe the Company has a unique offering that will be very well received by the industry. So, I'm excited to work with Johnson (Joseph) and the rest of the Tenet team to help the Company capitalize on what I think is a great opportunity."

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: https://www.tenetfintech.com/.

For more information, please contact:

Tenet Fintech Group Inc.

Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com

CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com

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 www.sedarplus.ca, 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 https://www.newsfilecorp.com/release/220771

FAQ

What is the purpose of Tenet Fintech Group's (PKKFF) partnership with Altitude Capital Consultants?

Tenet Fintech Group has partnered with Altitude Capital Consultants for capital markets strategy, analysis of strategic opportunities, advice on funding sources, and guidance on commercializing their ie-Pulse product for capital market professionals.

Who is Michael Wekerle and what is his role in Tenet Fintech Group's (PKKFF) recent announcement?

Michael Wekerle is a renowned Canadian capital markets expert, co-founder and Managing Partner of Altitude Capital Consultants. He will be providing strategic advisory services to Tenet Fintech Group as part of the newly announced partnership.

What is the duration of the agreement between Tenet Fintech Group (PKKFF) and Altitude Capital Consultants?

The strategic advisory agreement between Tenet Fintech Group and Altitude Capital Consultants is set for a one-year term.

What product is Tenet Fintech Group (PKKFF) planning to commercialize with Altitude's help?

Tenet Fintech Group is planning to commercialize its data-driven ie-Pulse product, which is designed for capital market professionals, with guidance from Altitude Capital Consultants.

TENET FINTECH GROUP INC

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