XTM (CSE: PAID) Resumes Trading on the CSE
October 08 2024 - 7:30AM
Business Wire
XTM Inc. (“XTM” or the “Company”) (CSE:PAID /
FSE:7XT), a Miami, Denver, Toronto and London-based Fintech creator
of payment innovations including fully certified Earned Wage Access
through its QRails AnyDay™ product, is pleased to announce that
trading in the common shares of the Company through the facilities
of the Canadian Securities Exchange (the “CSE”) resumed on
October 7, 2024.
“We are pleased that the Company’s shares are trading again and
we can get back to business, focusing on growing our revenue model
and building on our core products. We are grateful to our
customers, shareholders and other stakeholders for their confidence
in the Company’s future, and we look forward to growing value and
sustainability in our model,” said Jakob Ripshtein, the Company’s
Chief Financial Officer. “XTM is resilient, innovative and is able
to compete in a difficult economic environment. From my first
introduction to XTM I have been a believer in its future and I’m
excited to be a part of the leadership team.”
About XTM
XTM with offices in Miami, Toronto, Denver, and London is a
Fintech creator of payment innovations including fully certified
Earned Wage Access through its AnyDay™ product. Founded in the
cloud-banking space to further support businesses to inspire their
workforce in the hospitality, personal care and services staffing
industries, XTM provides on-demand pay for many large brands
including Earls, Maple Leaf Sports & Entertainment, Cactus
Club, Marriott Hotels and Live Nation. QRails is a fully owned
subsidiary of XTM. A cloud-based, API-driven issuer-processor,
QRails enables payroll providers, financial institutions and other
global fintech companies to keep up with the on-demand economy by
delivering innovative digital payment solutions to their employees.
QRails helps companies modernize and leverage payroll as a
differentiator in attracting and retaining talent all at low to no
cost for the employee and employer. QRails’ flagship solution,
AnyDay™, is the first provider to own their full tech stack that
powers their Earned Wage Access solution. Founded in 2016, QRails,
Inc., together with its U.K. subsidiary, QRails Limited is
SAP-certified, QRails also has earned several industry
certifications under PCI DSS, and SOC. For more information, please
visit www.QRails.com.
Disclaimer for Forward Looking Statements
This news release contains “forward-looking information” and
“forward-looking statements” within the meaning of applicable
securities laws (the “forward-looking statements”), within the
meaning of applicable Canadian securities legislation.
Forward-looking statements are statements that are not historical
facts and are generally, although not always, identified by words
such as “expect,” “plan,” “anticipate,” “project,” “target,”
“potential,” “schedule,” “forecast,” “budget,” “estimate,” “intend”
or “believe” and similar expressions or their negative
connotations, or that events or conditions “will,” “would,” “may,”
“could,” “should” or “might” occur. All such forward-looking
statements are based on the opinions and estimates of management as
of the date such statements are made. These forward-looking
statements are made as of the date of this news release. Readers
are cautioned not to place undue reliance on forward-looking
statements, as there can be no assurance that the future
circumstances, outcomes or results anticipated in or implied by
such forward-looking statements will occur or that plans,
intentions or expectations upon which the forward-looking
statements are based will occur.
While we have based these forward-looking statements on our
expectations about future events as at the date that such
statements were prepared, the statements are not a guarantee that
such future events will occur and are subject to risks,
uncertainties, assumptions and other factors which could cause
events or outcomes to differ materially from those expressed or
implied by such forward-looking statements. In addition, there are
known and unknown risk factors which could cause our actual
results, performance or achievements to differ materially from any
future results, performance or achievements expressed or implied by
the forward-looking statements. Although we have attempted to
identify important factors that could cause actual actions, events
or results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company does not undertake any
obligation to update or alter any forward-looking statements except
as required under applicable securities laws. For the reasons set
forth above, undue reliance should not be placed on forward-looking
statements.
The CSE has not approved nor disapproved the contents of this
press release, and the CSE does not accept responsibility for the
adequacy or accuracy of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20241008413962/en/
For further information please visit: https://www.xtminc.com/ or
contact:
Marilyn Schaffer 416.260.1641 finance@xtminc.com
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