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Peak Positioning Technologies Inc.

03:47 PM EST - Peak Positioning Technologies Inc. : announced that its planned acquisition of the assets associated with the Quickable.com mobile e-commerce platform, which the Company had originally targeted to close by May 2, is still ongoing. The Company is actively working towards finalizing its due diligence and satisfy the identified conditions to obtain TSX Venture approval to close the contemplated transaction. A revised expected date for the transaction to close will be communicated as soon as a closing schedule has been established. Peak Positioning Technologies Inc. shares V.PKK are trading down $0.005 at $0.02.