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December 23, 2014

WB III Acquisition Corp. Completes Qualifying Transaction

WB III Acquisition Corp. (“WB III”), a capital pool company listed on the TSX Venture Exchange, completed its qualifying transaction (“Qualifying Transaction”) with Frankly Co. (formerly, TicToc Planet, Inc., “Frankly”) on December 23, 2014, pursuant to a merger agreement dated December 8, 2014. Frankly is a next generation chat technology platform that brings dynamic conversation and direct consumer engagement to mobile app experiences. WB III was renamed Frankly Inc. in connection with the Qualifying Transaction and the voting common shares of the resulting issuer commenced trading on the TSX Venture Exchange under the symbol “TLK” on January 5, 2015.

Prior to completion of the Qualifying Transaction, Frankly completed a brokered private placement of subscription receipts for aggregate gross proceeds of C$26,219,935.

Wildeboer Dellelce LLP acted for WB III in connection with the Qualifying Transaction with a team that included Perry Dellelce, James Brown and Julie Anderson (corporate/securities) and Kevin Fritz (tax).