STRATHROY, ON, March 30, 2022 /CNW/ - Eve & Co
Incorporated ("Eve & Co" or the "Company") (NEX:
EVE.H) (OTCQX: EEVVF) announces that effective as of March 30, 2022, the Company's listing has been
transferred to NEX for failing to maintain the requirements of a
TSX Venture Tier 1 Company and further to the TSX Venture
Exchange (the "Exchange") Bulletin dated March 24, 2022 and the Company's press releases
dated March 25, 2022, trading in the
shares of the Company have been suspended effective as of opening
at March 30, 2022 for failure to
maintain Exchange requirements.
The Company's Tier classification will change from Tier 1 to
NEX, the filing and Service Office will change from Toronto to NEX and the Company is hereby
subject to restrictions on share issuances and certain types of
payments as set out in NEX policies.
The trading symbol for the Company has changed from EVE to
EVE.H. There is no change in the Company name, no change in its
CUSIP number and no consolidation of capital. The symbol extension
differentiates NEX symbols from Tier 1 or Tier 2 symbols within the
TSX Venture market.
Trading in the securities of the Company is prohibited during
the period of the suspension or until further notice.
ABOUT EVE & CO
Eve & Co, through its wholly-owned subsidiary NMC, holds
cultivation and processing licences under the Cannabis
Act (Canada) for the
production and sale of various cannabis products, including dried
cannabis, cannabis plants and extraction of cannabis oil and has
received its European Union certificate of Good Manufacturing
Practice. NMC was Canada's first
female-founded licensed producer of medicinal marijuana and
received its cultivation licence from Health Canada in 2016. Eve
& Co is led by a team of agricultural experts and has a
licensed 1,000,000 square foot greenhouse located in Strathroy, Ontario.
The Company's website can be visited
at www.evecannabis.ca.
Notice regarding forward looking statements:
Certain statements in this press release constitute
forward-looking information. All statements other than statements
of historical fact contained in this press release, including,
without limitation, those regarding the Company's expected use of
proceeds, opportunities for growth, future, strategy, plans,
objectives, goals and targets, and any statements preceded by,
followed by or that include the words "believe", "expect", "aim",
"intend", "plan", "continue", "will", "may", "would", "anticipate",
"estimate", "forecast", "predict", "project", "seek", "should" or
similar expressions or the negative thereof, are forward-looking
statements. These statements are not historical facts but instead
represent only the Company's expectations, estimates and
projections regarding future events. These statements are not
guarantees of future performance and involve assumptions, risks and
uncertainties that are difficult to predict, including those
described in the Company's management's discussion and analysis for
the three and nine months ending September
30, 2021 which is available on the Company's SEDAR profile.
Therefore, actual results may differ materially from what is
expressed, implied or forecasted in such forward-looking
statements. The forward-looking information and forward-looking
statements included in this news release are made as of the date of
this news release. The Company does not undertake an obligation to
publicly update such forward-looking information or forward-looking
information to reflect new information, subsequent events or
otherwise unless required by applicable securities law.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts
responsibility for the adequacy or
accuracy of this release.
SOURCE Eve & Co Incorporated