BlueRush Provides Update on Private Placement of Convertible Debenture Units

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TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- BlueRush Inc. (“BlueRush” or ‎‎the “Company”) (TSXV:BTV; OTCQB:BTVRF), an emerging personalized video creation Software as a Service company, is pleased to announce that, to date, it has received irrevocable subscription agreements for a total of US$2,898,995.15 of convertible debenture units (the "Convertible Debenture Units") for the non-brokered private placement (the "Offering") disclosed by the Company on June 6, 2022. Closing of the Offering, which remains subject to satisfying certain requirements of, and requires the approval of, the TSX Venture Exchange (the “Exchange”), is anticipated to occur over the next few weeks.