Calgary’s DeepMarkit Closes C$1.5M Placement with Hong Kong’s Allstate

Calgary-headquartered DeepMarket Corp. has secured a strategic investment from Hong Kong-based Allstate Enterprise Consulting to facilitate a business strategy and distribution partnership to bring DeepMarkit’s gamified promotions platform into the Chinese market through Allstate's extensive network of over 15,000 agents. Allstate has agreed to purchase 12.5 million common shares for total gross proceeds of C$1.5-million. Allstate also has an option to purchase a further 6.5 million shares providing additional gross proceeds of C$1-million. DeepMarket’s platforms allow businesses and agencies to create branded games that incentivize customers, driving sales, capturing data, and generating leads.

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