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globenewswire.com

BlueRush Delayed in Filing Financial Statements; Anticipated FFCTO

TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") ‎‎‎(TSXV:BTV; OTCQB:BTVRF), ‎a personalized video Software as a Service ("SaaS") company, announces that it will miss the deadline of November 28, 2024 (the "Filing Deadline") to file the Company's audited annual financial statements and management discussion & analysis for the financial year ended July 31, 2024, and the CEO and CFO certificates, all as required by National Instrument 51-102 - Continuous Disclosure Obligations and National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings (collectively, the “Documents”). As a consequence, the Company anticipates the imposition by the Ontario Securities Commission of a Failure-to-File Cease Trade Order ("FFCTO"). The Company is working diligently with its auditors to file the Documents as soon as possible.

globenewswire.com

BlueRush Announces Final Closing of Non-Brokered Private Placement; Raises $990,000

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. (“BlueRush” or the “Company”) ‎‎‎(TSXV:BTV; ‎OTCQB:BTVRF), ‎a personalized video Software as a Service (SaaS) company, announced today the second and final closing (the “Final Closing”) of its non-brokered private placement financing (the “Offering”). Pursuant to the Final Closing, the Company has issued 6 Units (as defined in the Company's June 18, 2024 news release) for gross proceeds of $90,000, resulting in a total aggregate Offering of $990,000 through the issuance of 33,000,000 common shares, 33,000,000 warrants exercisable at $0.05 for 60 months from issuance, and $330,000 principal amount 10.0% unsecured convertible debentures maturing 60 months from issuance and convertible into common shares at a conversion price of $0.05 per share in the first year and $0.10 per share in years two to five.

globenewswire.com

BlueRush Pleased to Report Q3 Results for Fiscal 2024 with Continued Focus on Development of Generative AI Capabilities, Cost Reduction and Optimization of Go-to-Market Activities

TORONTO, July 02, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") ‎‎‎(TSXV:BTV; OTCQB:BTVRF), ‎a personalized video Software as a Service ("SaaS") company, today announced its financial results for the three and nine months ended April 30, 2024.

globenewswire.com

BlueRush Announces Proposed Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 18, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. (“BlueRush” or the “Company”) ‎‎‎(TSXV:BTV; ‎OTCQB:BTVRF), ‎a personalized video Software as a Service (“SaaS”) company, announced today a proposed non-brokered private placement financing pursuant to which BlueRush proposes to raise gross proceeds of up to $1,020,000 through the issuance of up to 68 units (a “Unit” or “Units”) of the ‎Company at $15,000 per Unit (the “Offering”). Each Unit shall consist of (i) 500,000 common shares of the ‎Company (the “Common Shares”) at a deemed price of $0.02 per Common Share, (ii) 500,000 transferable common share purchase warrants, with each warrant ‎‎entitling the holder thereof to acquire one additional Common Share ‎at a price of $0.05 ‎per Common Share ‎until the date that is 60 months from the closing, and (iii) a $5,000 principal amount 10.0% unsecured convertible debentures (the “Convertible Debentures”) with each Convertible Debenture maturing on the date which is 60 months from closing and convertible into Common Shares at a conversion price of $0.05 per Common Share in the first year and $0.10 per Common Share in years two to five.

globenewswire.com

BlueRush Receives Funding From Largest Shareholder

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") ‎‎‎(TSXV:BTV; OTCQB:BTVRF), ‎a personalized video Software as a Service ("SaaS") company, today announced that BlueRush Digital Media Corp., the wholly owned operating ‎subsidiary of the Company, has issued a promissory note dated April 2, 2024 for principal amount of $180,000 (the “Note”) in favour of Round 13 Founders Fund SPV, L.P. (the ‎‎“Lender”). Round 13 Capital Inc., the general partner ‎of the Lender, is also the general partner of Round 13 Capital Founders ‎Fund, L.P., which owns approximately 29% of the issued and outstanding shares of BlueRush.‎

globenewswire.com

BlueRush Releases Fiscal Q2 2024 Results

BlueRush continues to close gap on profitability while adding significant new customers in the quarter BlueRush continues to close gap on profitability while adding significant new customers in the quarter

globenewswire.com

BlueRush Inc. Releases Fiscal Q1 2024 Results

TORONTO, Dec. 29, 2023 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") ‎‎‎(TSXV:BTV; OTCQB:BTVRF), ‎a pioneering personalized video Software as a Service ("SaaS") company, in its recent financial quarter ending October 31, 2023, reported a challenging quarter compared to the same period in the previous year. This press release provides an overview of the Company's performance, underlying factors, strategic responses, and outlook for the future.

globenewswire.com

BlueRush Inc Fiscal 2023 Year End Results: Increased Revenues and Reduced Costs With Continued Focus on Monetizing AI Capabilities

TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") ‎‎‎(TSXV:BTV; OTCQB:BTVRF), ‎a pioneering personalized video Software as a Service ("SaaS") company, is excited to announce strong year end results and continued focus on platform innovation. The company's innovative Software-as-a-Service (SaaS) platform, fueled by its personalized video technology, continues to drive growth, delivering superior customer engagement for businesses of all sizes.

globenewswire.com

BlueRush Elects to Convert Convertible Debentures

TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- BlueRush Inc. ("BlueRush" or the "Company") ‎‎‎(TSXV:BTV; OTCQB:BTVRF), ‎a pioneering personalized video Software as a Service ("SaaS") company, announces its election to convert $750,000 of principal under two convertible debentures issued in 2018 held by arm's length lenders. Under the terms of the convertible debentures the Company had the option to convert principal on the maturity date (October 31, 2023). Accordingly, the Company has issued an aggregate of 1,428,573 in satisfaction of the $750,000 of principal due to the two lenders on today's maturity date. The shares issuable are no subject to any statutory hold periods.‎

globenewswire.com

BlueRush Pleased to Announce Signing of Master Services Agreements with Two Global Insurance Companies

Announces Amendment of Employee and Consultant Options and Grant of New Options Announces Amendment of Employee and Consultant Options and Grant of New Options

proactiveinvestors.com

BlueRush announces continued strength in SaaS revenues; says new capability to support sales teams with videos gaining momentum

BlueRush Inc. (TSX-V:BTV) has reported a strong rise in second-quarter Software-as-a-Service (Saas) sales as demand for its IndiVideo platform continues to grow. The Toronto-based company said SaaS revenues increased by 26% to $734,051 in the three months to January 31, 2022, taking six-month sales 34% higher to $1,499,075 compared to $1,121,962 in 1H 2022.

proactiveinvestors.com

BlueRush releases strong first quarter results including sharp rise in gross margins

BlueRush Inc. (TSX-V:BTV) has released its results for the first quarter ended October 31, 2002, highlighting a strong period of growth. “The first quarter was successful in terms of continuing to grow our business,” Steve Taylor, CEO of BlueRush said in the results statement.

proactiveinvestors.com

BlueRush sees 'growth in every area of the business' in fiscal 2022 results

BlueRush Inc has reported results from its fiscal fourth quarter and full year ended July 31, revealing major revenue and profit increases and Software-as-a-Service margins of 91%. The Toronto-based company posted revenue of over $4.7 million in fiscal 2022, up 30% from more than $3.6 million in 2021.

proactiveinvestors.com

BlueRush adds two new faces to its board and management teams

BlueRush Inc. (TSX-V:BTV) has added a couple of new faces to its board and management teams. The company announced the appointment of Mark Soane to its board of directors and Radek Costa-Sarnicki as its new CFO.

proactiveinvestors.com

BlueRush completes previously announced non-brokered private placement financing of convertible debenture units for gross proceeds of US$3,023,995

BlueRush Inc has announced the completion of its previously announced non-brokered private placement financing of convertible debenture units which raised gross proceeds of US$3,023,995. The financing consisted of 10.0% unsecured convertible debentures for an aggregate principal amount of US$3,023,995 and an aggregate of 37,812,500 common share purchase warrants.

proactiveinvestors.com

BlueRush updates investors on private placement of convertible debenture units

BlueRush Inc said it has received irrevocable subscription agreements for a total of US$2,898,995.15 of convertible debenture units for the non-brokered private placement first announced on June 6, 2022. The company said the closing of the offering, which remains subject to TSX Venture Exchange conditions and approval, is anticipated to occur over the next few weeks.

proactiveinvestors.com

BlueRush reports 66% jump in fiscal 3Q profits driven by its services division

BlueRush Inc has reported a 66% jump in its fiscal 3Q profits driven by a significant increase in its services division due to the expansion of its offering to existing customers. For the quarter ended April 30, 2022, the personalized video software-as-a-service (SaaS) provider reported a total gross profit of $906,706 compared to $544,949 for the same period in 2021.

proactiveinvestors.com

BlueRush plans to complete non-brokered private placement of convertible debentures for gross proceeds of up to $5M

BlueRush Inc. (TSX-V:BTV) has said it intends to complete a proposed non-brokered private placement of up to 5,000 convertible debenture units at a price of $1,000 each for aggregate gross proceeds of up to $5 million. The company said each convertible debenture unit will consist of a $1,000 principal amount on a 10.0% unsecured convertible debenture and 12,500 common share purchase warrants.

proactiveinvestors.com

BlueRush hails 'strong' second quarter results and first half, which lays foundation for growth

BlueRush Inc has reported what it called a 'strong' second quarter with increased revenue and profitability, adding that the company continues to lay the foundation for future growth in its fiscal first half to end-January. The video platform for financial services firm said that its services revenue had increased by 61% in both the three and six-months to January 31 this year to $649,247 and $1,220,603, respectively, while services gross profit came in at $403,920 in the second quarter, up 198% on the year earlier quarter.

proactiveinvestors.com

BlueRush joins the Brightcove Marketplace, enabling customers to personalize videos

BlueRush Inc. (TSX-V:BTV) told investors that it has joined the Brightcove Marketplace to provide Brightcove customers personalized video marketing capabilities. The company explained that personalized video marketing is critical to success in today's digital world.

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