Upco International Inc. Announces Closing of Second Tranche of Financing

Vancouver, BC, October 26, 2018, Upco International Inc. (CSE: UPCO) (OTCQB: UCCPF) (Frankfurt: U06) (“Upco”) is pleased to announce it has closed the second tranche of the previously announced financing to raise up to $1 million at $0.22 per share and issue up to 4,550,000 shares of the Company.  Pursuant to the second tranche, Upco has issued 1,363,636 shares at $0.22 per share for gross proceeds of $300,000.  The Proceeds will be used for general working capital.  All the shares issued will have a 4-month hold.


About Upco International Inc.

Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business.  Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp.  With the forthcoming addition of the Upco E-Wallet using Blockchain Payment Services, users will be able to:  send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments.

Please visit upcointernational.com or upcomobile.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Andrea Pagani, CEO and Director
office@upcointernational.com
212-461-3676

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “will” “may” “believe”, “expect”, “anticipate”, “intend”, “estimate”, “development”, “forthcoming”, “potentially” and similar expressions, or are those, which, by their nature, refer to future events. Upco cautions investors that any forward-looking information provided by Upco is not a guarantee of future results or performance.

Download PDF: NR 2018 10 26 Upco International – Announces Closing of Second Tranche of Financing

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