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Voxtur Analytics closes the acquisition of RealWealth Technologies

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TORONTO and TAMPA, Fla., Oct. 14, 2021 (GLOBE NEWSWIRE) – Voxtur Analytics Corp. ( TSXV: VXTR; OTCQB: VXTRF ) (” Voxtur “Wave” Company “), A technology company creating a more transparent and accessible real estate loan ecosystem, is pleased to announce that, in addition to the press release issued on September 28, 2021, it has completed the acquisition (” Acquisition “) From RealWealth Technologies LLC (” RealWealth ”). With the acquisition now complete, RealWealth will reposition itself as VoxturWealth.

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RealWealth has developed a proprietary, investor-centric digital platform aimed at changing consumer behavior through the democratization of data, content, tools, and fiduciary support. From managing contracts and door-to-door service providers to preventing senior financial abuse through an encrypted asset documentation repository, every aspect of a client’s real estate investment will be transparent and verified. At every step, homeowners and their trusted advisers will have data-driven tools to make better and safer real estate decisions.

The total consideration for the acquisition consisted of five million common shares in Voxtur’s capital (each one ” Common action “) With an added value of approximately $ 4,200,000. Three million Common Shares were issued at the close of the Acquisition and another two million Common Shares will remain in custody and will be released when RealWealth reaches certain EBITDA targets.

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RealWealth was founded by Ross McCredie, founder of Sotheby’s International Realty Canada, and architect of the sale of Pacific Union to Compass, forming the largest independent real estate agency in the United States.

In concert with the expertise and innovative technologies of other Voxtur companies such as ANOW and Voxtur Valuation, VoxturWealth will empower real estate owners and their fiduciaries with unprecedented transparency and verified data to make better decisions.

“We see VoxturWealth becoming an invaluable industry resource. This acquisition and our joint work are important benchmarks for our transition to a full-service real estate technology company, ”said Jim Albertelli, CEO of Voxtur.

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The Acquisition constituted an “Accelerated Acquisition” in accordance with Policy 5.3 of the TSX Venture Exchange – Acquisitions and disposals of assets other than cash and remains subject to final approval by the TSX Venture Exchange. All currency references in this release refer to Canadian dollars.

About Voxtur

Voxtur is a transformative real estate technology company that is redefining the industry standards in a dynamic lending environment. The Company offers targeted data analysis to simplify tax solutions, property valuation and settlement services throughout the loan life cycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data center and workflow platforms value assets more accurately and efficiently, originate and deliver services, secure portfolios, and evaluate tax assessments. The Company serves the real estate loan and property tax sectors, both public and private, in the United States and Canada. For more information visit www.voxtur.com .

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Prospective information

This press release contains forward-looking statements and forward-looking information (collectively, ” prospective information ”). Any information contained in it that is not based on historical facts may be considered forward-looking information within the meaning of the securities laws of Canada and the United States. Forward-looking information may be based on expectations, estimates and projections as of the date of this press release, and can be identified by the words “could”, “could”, “could”, “should”, “will”, “pretend”, “Plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking information may include, but is not limited to: the final approval of the Acquisition by the TSX Venture Exchange; the repositioning of RealWealth following the completion of the acquisition; expectations about the effects of certain milestones or the Company’s ability to successfully achieve certain business objectives; the effects of unexpected costs, liabilities, or delays; success of software activities; expectations of other economic factors, commercial, environmental, regulatory and / or competitive related to the company or the real estate industry in general; anticipated future production costs; and other events or conditions that may occur go in the future. Investors are cautioned that forward-looking information is not based on historical facts, but rather reflects estimates or projections about future results or events based on the opinions, assumptions and estimates of management that are considered reasonable as of the date on which they are made. provides the information. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results. Performance. , or Company achievements. Key factors that could cause actual results to differ materially from those projected in the forward-looking information include, but are not limited to: additional costs related to acquisitions; changing global financial conditions, especially in light of the global COVID-19 pandemic; reliance on specific key customers and employees to maintain business operations; competition within the company’s industry; a risk of technology failure or failure to implement technology updates; the dependence of the company on the maintenance of intellectual property; negative operating losses and cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on the forward-looking information contained in.

This forward-looking information is provided as of the date of this press release and, accordingly, is subject to change after that date. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances, except when required in accordance with applicable laws.

Voxtur common shares are traded on the TSX Venture Exchange under the symbol VXTR and in the US on OTCQB under the symbol VXTRF.

Contact:

Jordan ross
Head of investments
[email protected]

Bill mitoulas
Investor Relations
[email protected]
Tel: 416.479.9547

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