Press releases

Kuuhubb Reports Fiscal Q3 Financial Results

May 29, 2019


Toronto, Canada – May 24, 2019 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX- V: KUU), a mobile game development and publishing company targeting the female audience with bespoke mobile experiences, has reported its unaudited financial results for the three and nine-month periods ended March 31, 2019. The Company’s unaudited consolidated financial statements as at, and...

Kuuhubb Announces Development of New Game “Tiles & Tales”

May 14, 2019


New Game “Tiles & Tales” features a unique combination of visual novels and match-3 genres in a new story-based game format Toronto, Canada – May 14, 2019 – Kuuhubb Inc. (the “Company” or “Kuuhubb”) (TSXV: KUU) has announced the development of its new game “Tiles & Tales”. The game will blend casual match-3 play with...

Kuuhubb Announces the Successful Soft Launch of Recolor By Numbers on iOS

April 3, 2019


Toronto, Canada – April 3, 2019 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSXV: KUU), a mobile game development and publishing company, targeting the female audience with bespoke mobile experiences, is pleased to announce that it has successfully soft-launched its new mobile game Recolor By Numbers. Recolor by Numbers is the most recent addition to...

Kuuhubb Announces Issuance of 246,134 Common Shares to Settle Amounts Due and Resignation of Mr. Arnold Kondrat

March 25, 2019


Toronto, Canada – March 25, 2019 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU), a mobile game development, and publishing company, targeting a female audience with bespoke mobile experiences, announces that, further to the settlement agreement which was announced by the Company on February 27, 2019, the Company issued on March 11, 2019 a...

Kuuhubb Announces Closing of Approximately Euro 1 Million Non-dilutive Financing

March 4, 2019


Toronto, Canada – March 4, 2019 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSXV: KUU), a mobile game development and publishing company, targeting the female audience with bespoke mobile experiences, announces closing of approximately Euro 1 million debt financing from Business Finland, the Finnish Funding Agency for Innovation. The loan comes with a seven-year maturity and...

Kuuhubb Reports Fiscal Q2 Financial Results; Adjusted EBITDA Nearing Break-even

March 4, 2019


Toronto, Canada – March 1, 2019 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX- V: KUU), a mobile game development and publishing company targeting a female audience with bespoke mobile experiences, has reported its unaudited financial results for the three and six month periods ended December 31, 2018. The Company’s unaudited consolidated financial statements as at,...

Kuuhubb Announces Withdrawal of Shareholder Requisition and Director Changes

February 27, 2019


Toronto, Canada – Kuuhubb Inc. (TSX- V: KUU), a mobile game development, and publishing company, targeting a female audience with bespoke mobile experiences, announces that it has reached an amicable settlement (the “Amicable Settlement”) with the shareholders of the Company (the “Dissident Shareholders”) that had sent a shareholder requisition (the “Requisition”) to the Company on January...

Kuuhubb Announces Successful Soft Launch of New Mobile Game Dancing Diaries

February 14, 2019


Toronto, Canada – February 14, 2019 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSXV: KUU), a technology company focused on acquiring, developing and distributing lifestyle and mobile game applications for women, is pleased to announce that it has soft-launched its new mobile game Dancing Diaries. Dancing Diaries: A Match3 Story is a game that combines...

Kuuhubb Announces New Cross Marketing Partnership Agreement with a Global Toy Brand

February 6, 2019


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSXV: KUU), a technology company focused on developing, acquiring and distributing lifestyle and mobile game applications for the female audience, is pleased to announce a new cross marketing promotional partnership with a global toy brand. Through its wholly-owned subsidiary Recolor Oy, Kuuhubb has signed a promotional...

Kuuhubb Calls Annual and Special Shareholder Meeting and Announces Officer Change

January 29, 2019


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU), a technology company focused on developing, acquiring and distributing lifestyle and mobile game applications for the female audience, announces that the board of directors of the Company (the “Board”) has called an annual and special meeting of the Company’s shareholders (the “Meeting”). The Meeting...

Kuuhubb Announces Closing of €2,000,000 Convertible Debenture Financing

December 5, 2018


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU), a technology company focused on acquiring, developing and distributing lifestyle and mobile game applications for the female audience, is pleased to announce that it has closed its previously announced Euro €2,000,000 (approximately CAD$3,000,000) private placement financing (the “Financing”) through the issuance by the Company...

Kuuhubb Reports Fiscal Q1 Financial Results

November 29, 2018


Adjusted EBITDA near break-even for the quarter Toronto, Canada – Kuuhubb Inc. (TSX- V: KUU), a technology company focused on acquiring, developing and distributing lifestyle and mobile game applications for the female audience, has reported its unaudited financial results for the three month period ended September 30, 2018. The Company’s unaudited interim consolidated financial statements...

Kuuhubb Provides Fiscal Q1 Financial Update

November 20, 2018


Toronto, Canada – Kuuhubb Inc. (TSX-V: KUU), a technology company focused on acquiring, developing and distributing lifestyle and mobile game applications for the female audience, provides fiscal first quarter revenue update. Kuuhubb reports that its revenue for the three-month period ended September 30, 2018 was US$3.9 million (unaudited), a year-over-year increase of 37% compared to...

Kuuhubb to be Reinstated for Trading on the TSX Venture Exchange

November 15, 2018


Toronto, Canada – Kuuhubb Inc. (TSX-V: KUU) reports that, further to the Company’s November 13, 2018 press release, trading in the Company’s shares on the TSX Venture Exchange will be reinstated effective at the opening, Friday, November 16, 2018....

Kuuhubb Provides Corporate Update

November 13, 2018


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) reports that it continues to work towards closing the proposed €2,000,000 convertible debenture private placement financing (the “Proposed Financing”) first announced in the Company’s August 29, 2018 press release (reference is also made to the Company’s update press release of October 12, 2018). The...

Kuuhubb Reports Audited Annual Financial Results and Issues CEO Letter to Shareholders

November 8, 2018


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSXV: KUU), a technology company focused on acquiring, developing and distributing mobile game applications, is pleased to announce that it has released its audited annual financial results for the financial year ended June 30, 2018. The results have been filed with the Canadian Securities Administrators and...

Kuuhubb Applying for Reinstatement of Trading on the TSX Venture Exchange

November 8, 2018


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSXV: KUU) reports that as the Company did not file its audited consolidated financial statements for the financial year ended June 30, 2018 (the “Financial Statements”) (and related MD&A and certifications under National Instrument 52-109) by the filing deadline, (a) the Ontario Securities Commission (“OSC”) issued...

Kuuhubb Provides Corporate Update

October 29, 2018


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) reports that it intends to file on SEDAR its audited consolidated financial statements for the fiscal year ended June 30, 2018 (“Financial Statements”) and related MD&A next week. The fiscal year ended June 30, 2018 was the Company’s first full year of operation following...

Kuuhubb Announces Appointment of New Board Member, €2,000,000 Convertible Debenture Financing and Provides Corporate and Financial Update

August 29, 2018


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU), a technology company focused on acquiring, developing and distributing mobile game applications, provides corporate update: Changes to Board of Directors: Kuuhubb is pleased to announce the appointment of Mr. Carl-Gustaf von Troil to its Board of Directors. Mr. von Troil is a seasoned investor...

Kuuhubb Reports Third Quarter Financial Results

May 30, 2018


Revenue increased to US$6,671,448 during the quarter Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSXV: KUU) is pleased to announce its unaudited financial results for the three and nine month periods ended March 31, 2018. The Company’s unaudited interim consolidated financial statements as at and for the three and nine months ended March 31, 2018 and...

Kuuhubb Strengthens Management Team

May 15, 2018


Toronto, Canada – Kuuhubb Inc., a technology company focused on acquiring, developing and distributing lifestyle and mobile game applications, is pleased to announce a pair of senior executive appointments as part of its global expansion strategy. These appointments will serve to further enhance the Company’s general managerial capabilities and further the growth of Kuuhubb’s flagship...

Kuuhubb Acquires Full Global Rights and Revenue to My Hospital Game

May 8, 2018


Toronto, Canada – Kuuhubb Inc. announces that, further to its February 28, 2018 press release, it has signed the definitive agreement for, and completed the acquisition of, the full global rights and revenue to the My Hospital game. Kuuhubb has purchased the full global rights and revenue to the My Hospital game for 2.6 million...

Kuuhubb Announces Creative Cross-Marketing Collaboration With Lionsgate

April 13, 2018


Toronto, Canada – Kuuhubb Inc., a technology company focused on acquiring, developing and distributing lifestyle and mobile applications, today announced that it will be commencing a creative crossmarketing collaboration with a global content leader Lionsgate (NYSE: LGF.A, LGF.B). Under the agreement, Kuuhubb will create and market suites of digital coloring tasks around Lionsgate properties through...

Kuuhubb Reports Continuing Strong Quarter Performance

April 10, 2018


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU), a technology company focused on acquiring, developing and distributing mobile game applications, is pleased to provide an update on recent financial performance.  References below to “US$” are to United States dollars.  The Company’s consolidated financial statements (and related management’s discussion and analysis) for the...

Kuuhubb Reports Second Quarter Financial Results

March 2, 2018


Revenue increased to US$6,344,947 during the quarter. Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) is pleased to announce its unaudited financial results for the three and six month periods ended December 31, 2017. The Company’s unaudited interim consolidated financial statements as at and for the three and six months ended December...

Respect the Moca: Mobile Casual Gamers Are 200 Million Strong but Largely Ignored

March 1, 2018


Perception is reality when it comes to marketing, and perception is challenging to alter once it is formed. For example, even though 203 million Americans will play mobile games regularly in 2018, most Americans do not identify themselves as gamers. Industry data proves that people of every age, demographic and household income play mobile games....

Kuuhubb Signs Term Sheet to Acquire Full Global Rights and Revenue to My Hospital Game

February 28, 2018


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) announces that it has signed a non-binding term sheet to acquire the full global rights and revenue to the My Hospital game. “We are very satisfied with the growth of My Hospital during the past months. To maximize the overall profitability for Kuuhubb, we...

A Finnish coloring app helps 4 million Americans ‘fight stress and anxiety’ – and it’s a smash hit

February 26, 2018


Smartphones aren’t generally seen as relaxation devices. But if you ask Tero Kuittinen, an investor in viral coloring app called Recolor, that’s changing: It’s indeed the pursuit of relaxation that has gotten millions of Americans hooked on the app and its myriad motifs ranging from Venice Carnivals to My Little Pony. “Coloring app appeal is...

KuuHubb targets female gamers for growth

February 13, 2018


KuuHubb has seen steady growth, with an acquisition strategy that emphasizes apps and games that appeal to a female audience. Founder and CEO Jouni Keränen joins BNN to discuss the company’s outlook. Click to watch the interview on BNN.ca...

Small-cap firm KuuHubb hopes female gamers offer big returns

February 1, 2018


Brenda Bouw, The Globe and Mail – With its focus on lifestyle applications and mobile video games geared to women, KuuHubb Inc. has been attracting a lot of investor attention since it went public last summer. Shares of the Finland-based, TSX Venture Exchange-listed company – whose properties including the Recolor digital colouring book, Neybers interior-design game and My...

Kuuhubb to acquire Valiance UG, a leading mobile esports company and developer of blockchain-enabled gaming platform

January 31, 2018


Toronto, Canada, January 31, 2018 – Kuuhubb Inc. (TSX-V: KUU) announces that it has signed a term sheet to acquire mobile esports platform developer Valiance UG. The Germany-based, blockchain enabled Valiance esports platform is designed to support both mobile esports competitors and content creators and provides them with opportunities to monetise their involvement playing esports...

Kuuhubb and Receptiv Sign Marketing Collaboration Agreement Focused on Expanding Global Brand Partnerships for Recolor, its Leading Coloring App

January 22, 2018


Kuuhubb Inc. (TSX-V: KUU) announces that it has signed an agreement with Receptiv, a leading mobile video advertising company, on collaborating to bring new brands to Recolor digital coloring app. Over the past year, Recolor has featured dedicated brand coloring task silos for Kellogg, Fazer, and Lionsgate movies “My Little Pony” and “Wonder”. On average,...

Kuuhubb Inc. Reports Strong Quarter Performance

January 15, 2018


Toronto, Canada – January 15, 2018 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU), a technology company focused on acquiring, developing and distributing mobile video game applications, is pleased to provide an update on recent financial performance. References below to “US$” are to United States dollars. The Company’s consolidated financial statements (and related management’s...

Brands are capitalizing on the trend of stressed adults coloring on their phones

January 9, 2018


Two years after adult coloring became a trend, brands are taking notice. Companies like Lionsgate, Hasbro and Kellogg’s are buying up ad space inside apps, creating their own coloring apps and designing branded coloring pages. For Lionsgate’s film “Wonder,” the movie studio went to coloring app Recolor to run a three-month campaign that features a...

Kuuhubb Expands to Japan

December 13, 2017


Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX VENTURE:KUU) a technology company focused on acquiring, developing and distributing lifestyle and mobile game applications, is pleased to announce that it has established operations in Tokyo, Japan as part of a global expansion strategy. Kuuhubb enters the Japanese gaming market after establishing, cultivating and working with many of...

Kuuhubb Inc. Reports First Quarter Financial Results

November 30, 2017


Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX VENTURE:KUU) a technology company focused on acquiring, developing and distributing lifestyle and mobile video game applications, announces its financial results for the three month period ended September 30, 2017. The Company’s consolidated financial statements as at and for the three months ended September 30, 2017 and related management’s...

Kuuhubb to acquire Neybers, an interior design game

November 20, 2017


Kuuhubb announces that it has signed a term sheet to acquire Neybers, an interior design game where users can play with photo quality items from real brands. Neybers fits well with Kuuhubb’s strategy of building a portfolio of female oriented niche lifestyle community and design applications. Neybers has a strong focus on esthetics and female...

Kuuhubb Inc. Provides Corporate Update

November 6, 2017


Highlights: Successful integration following Sumoing Oy acquisition. Monthly Active Users increase of 24%, reaching 6.3 million MAU in October 2017. Gross revenue increase of 21%, to approximately USD$2 million in October 2017. Toronto, Canada – November 6, 2017 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU), a technology company focused on acquiring, developing and...

Kuuhubb’s leading coloring app Recolor launches My Little Pony: The Movie campaign with Lionsgate and Hasbro

October 17, 2017


Kuuhubb Inc. announces that its coloring application Recolor has launched a campaign for the newly released feature film My Little Pony: The Movie which opened across North American theaters on October 6, 2017. Recolor is the world’s leading coloring application, with over 5 Million Monthly Active Users, who create over 200 Million coloring tasks every...

Kuuhubb Provides Corporate Update

September 21, 2017


Toronto, Canada – September 21, 2017 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) announces that it has granted to employees, directors and consultants of the Company, pursuant to the terms of the Company’s stock option plan, a total of 2,300,000 stock options, each such stock option entitling the holder to purchase one common...

Värityskuvien Insta

September 1, 2017


Kuuhubb tahtoo tehdä Recolorista digitaalisten värityskuvien Instagramin. Intiassa läpimurto aiotaan tehdä hyödyntämällä Bollywood-tähtien fanipohjaa....

USD 20 million for Kuuhubb

August 22, 2017


Helsinki-based digital company Kuuhubb has received a significant funding boost from investors in Canada, Switzerland and Finland. Totalling 20 million US dollars, the capital was raised from a group of institutional investors, strategic partners and family offices. Click here to read the entire article on goodnewsfinland.com...

Suomalaisomisteinen Kuuhubb sai 20 miljoonan dollarin rahoituksen – Tähtää täysillä Aasiaan, osa rahasta suosittuun värityssovellukseen

August 20, 2017


Digitaalisen viihteen, virtuaalitodellisuuden ja pelialan yhtiöiden kehittämiseen erikoistunut suomalaisomisteinen Kuuhubb on saanut 20 miljoonan dollarin eli noin 16–17 miljoonan euron rahoituksen. Kuuhubbin päästrategin ja osakkaan Tero Kuittisen mukaan rahoitus on peräisin Kanadasta, Sveitsistä ja Suomesta pääasiassa yksityishenkilöiltä ja sukurahastoista. Hän kertoo, että polttopisteessä ovat nyt naisille suunnatut sovellukset. Click here to read the entire article on kauppalehti.fi....

20 miljoonan dollarin rahoitus suomalaisomisteiselle Kuuhubbille, osa rahasta suosittuun väritysapplikaatioon – “Nyt kovassa kasvussa, täysillä Aasiaan”

August 18, 2017


Digitaalisen viihteen, virtuaalitodellisuuden ja pelialan yhtiöiden kehittämiseen erikoistunut suomalaisomisteinen Kuuhubb on saanut 20 miljoonan dollarin eli noin 16–17 miljoonan euron rahoituksen, Kuuhubbin päästrategi ja osakas Tero Kuittinenkertoi tänään perjantaina. Click here to read the entire article on talouselama.fi....

Kuuhubb announces closing of acquisition of Sumoing OY, creator of Recolor

August 18, 2017


Toronto, Canada and Helsinki, Finland – August 18, 2017 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) is pleased to announce that it has completed the previously announced acquisition of all of the outstanding shares of Sumoing Oy for a total purchase price of €9,000,000. Recolor, which is the leading coloring book application globally,...

Kuuhubb Announces Closing of C$17,267,250 Subscription Receipt Financing

August 11, 2017


Toronto, Canada – August 11, 2017 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) is pleased to announce that it has completed its previously announced brokered private placement (the “Offering”) of subscription receipts (each, a “Subscription Receipt”) led by Cormark Securities Inc. (“Cormark”) and including Echelon Wealth Partners Inc. (collectively the “Agents”).  The Agents...

Suomalaisfirma taisteli tiensä amerikkalaisten muropakettien kylkeen – tavoittaa jopa 100 miljoonaa ihmistä

July 18, 2017


ILTALEHTI, July 18, 2017 – Suomalainen värityssovellus on tehnyt läpimurron Yhdysvalloissa. Äkkiseltään pääseminen Kellogg’s-elintarvikeketjun muropakettien kylkeen ei välttämättä kuulosta mitenkään kummalliselta. Todellisuudessa kuitenkin Kellogg’sin mainoskampanja on yksi maailman suurimmista kulutustuotekampanjoista. Kesäkampanjan aikana muropaketteja painetaan 90 miljoonaa kappaletta. Monesti paketteja ostetaan monihenkisiin perheisiin, jolloin kampanja tavoittaa jopa yli 100 miljoonaa ihmistä. Suomalaisten näkökulmasta kampanja on tämä...

Kuuhubb Announces Strategic Partnership with Kwan Entertainment India’s Largest Talent Management Agency

July 13, 2017


Toronto, Canada – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) announces that it has entered into a strategic partnership with India’s largest talent management agency Kwan Entertainment Talent Management Agency. Kwan Entertainment Talent Management Agency (“Kwan”), founded by Mr. Anirban Das Blah, is the largest talent management agency in India. Kwan’s market leadership is...

Kuuhubb Appoints Cormark Securities as Agent for C$15 Million Private Placement Financing

July 10, 2017


Toronto, Canada – July 10, 2017 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) announces that it has entered into an engagement agreement with Cormark Securities Inc. (“Cormark” or the “Agent”), who will act as agent, to carry out a best efforts private placement (the “Offering”) of subscription receipts (the “Subscription Receipts”) to be...

Finnish app boosts US breakfasts

June 29, 2017


Good News from Finland – Recolor app by Finnish Sumoing is to feature on 90 million cereal and food packages in the US, reports Finnish business daily Kauppalehti. The huge visibility is a result of a marketing contract between Sumoing and the food giant Kellogg Company. As part of Kellogg’s annual back-to-school-campaign, the packages will...

Kuuhubb Secures Exclusive Option to Acquire Sumoing Oy

June 23, 2017


Toronto, Canada – June 23, 2017 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V: KUU) announces that it has secured an exclusive option (the “Option”) to acquire 100% of Finnish lifestyle application company Sumoing Oy, creator of the world’s leading digital coloring book application called Recolor. Total consideration payable for the acquisition of Sumoing Oy...

Kuuhubb acquires global publishing rights to My Hospital game

June 20, 2017


Toronto, Canada – June 20, 2017 — Kuuhubb Inc. (TSX-V: KUU) (the “Company” or “Kuuhubb”) announces that it has finalized an agreement with Cherrypick Games to become its global distributor for its “My Hospital” simulation game. Cherrypick Games is a global game developer and publisher based in Warsaw, Poland. The company was founded in 2014...

Kuuhubb Inc. (formerly Delrand Resources Limited) announces closing of acquisition of Kuuhubb OY

June 15, 2017


Trading to commence on the TSX Venture Exchange under the symbol KUU.V Toronto, Canada – June 15, 2017 – KuuHubb Inc. (formerly Delrand Resources Limited) (the “Company”) is pleased to announce that it has completed the acquisition (the “Acquisition”) of all of the outstanding shares of KuuHubb Oy (“KuuHubb”) in exchange for the issuance by...

Kuuhubb hires two former Sulake SVPs to drive global growth

March 21, 2017


Christian Batist and Pasi Piipponen join Kuuhubb to help expand the app portfolio and work on brand collaborations. Mr. Batist is a Business Development professional with 20 years of experience in games and digital media. He was responsible for introducing Habbo Hotel in The Netherlands as a joint venture with Sulake Corporation. He joined Sulake...