Nerds On Site Inc. Announces Closing of Initial Public Offering

TORONTO, Nov. 26, 2018 /CNW/ - Nerds on Site Inc. (the "Company") NERD, a mobile IT solutions company servicing the SME marketplace, is pleased to announce that it has completed its initial public offering of 13,519,830 units, each unit consisting of a common share and a half warrant, at a price of $0.35 per unit, for gross proceeds of $4.73 million. The shares are listed on the Canadian Securities Exchange (CSE) under the symbol NERD and will begin trading on Nov 28^th at the opening of the market. The financing was successfully led and completed by Canaccord Genuity, syndicated with Mackie Research, Haywood Securities and PI Financial.

Nerds on Site is thankful to listing working group for doing such a spectacular job running and completing the IPO. It extends special thanks to Canaccord Genuity, Stadnyk and Partners, Norton Rose Fulbright LLP, Mcleod Law LLP, and MNP LLP. The company would also like to thank Dankanych Law Group, Go Capital Inc. and all of its shareholders for their ongoing support.

A detailed listing statement has been filed on www.sedar.com and on the CSE website.

Forward Looking Statements - Certain information set forth in this material may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forwardlooking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

SOURCE Nerds On Site Inc.

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