LOOPSHARE ANNOUNCES SECURED CONVERTIBLE DEBENTURE PRIVATE PLACEMENT, SETTLEMENT OF DEBT, SHARE EXCHANGE AGREEMENT AND REPRICING OF WARRANTS

VANCOUVER – August 23, 2018 – LOOPShare Ltd. (TSX-V: LOOP) (“LOOPShare” or the “Company”), a global provider of electric scooter shared fleet services and technology, today announces that, subject to the approval of the TSX Venture Exchange (the “Exchange”), it intends to complete a non-brokered private placement financing (the “Financing”) of secured convertible debentures (each,…