/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE
SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES/
TORONTO, May 12, 2022
/CNW/ - FRNT Financial Inc. (TSXV: FRNT) (FSE: XZ3) ("FRNT" or the
"Company"); a next generation institutional capital markets
platform offering various trading and advisory services within
cryptocurrency, announces the listing of the Company's common
shares on the Frankfurt Stock Exchange ("FSE") under the trading
symbol "XZ3". The Company's common shares are now cross listed on
the TSX Venture Exchange (TSXV) and the FSE.
Stéphane Ouellete, CEO and Co-Founder of FRNT Financial stated,
"Our recent IPO in Canada sparked
global interest, and we are excited to open the opportunity to
European investors while increasing potential trading liquidity and
market awareness for our Company."
The Frankfurt Stock Exchange (FSE) is one of the world's largest
international trading centers for securities. Operated by the
Deutsche Boerse AG, FSE, is the largest of Germany's seven stock exchanges, and is
responsible for approximately 90 percent of all securities traded
in Germany. The FSE facilitates
advanced electronic trading, settlement and information systems and
enables cross-border trading for international investors.
About FRNT Financial
Inc.
FRNT Financial is a next generation institutional capital
markets platform offering various trading and advisory services
within cryptocurrency and emerging asset classes. The Company
intends to present a new set of opportunities targeted to permitted
clients and institutional investors while maintaining a lean,
technology-forward operation. FRNT is focused on delivering
expertise and products to institutional clients that allow them to
effectively access alternative cryptocurrency opportunities. The
Company was founded in 2018 and is led by CEO Stéphane Ouellette,
headquartered in Toronto,
Ontario.
https://www.frnt.io
NEITHER THE 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.
Cautionary Note Regarding
Forward-Looking Information
This press release contains "forward-looking statements" and
"forward-looking information" within the meaning of applicable law.
Generally, forward-looking statements and forward-looking
information can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", "believes", or
variations of such words and phrases or statements that certain
actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". All forward-looking
statements and forward-looking information are based on reasonable
assumptions that have been made by the Company as at the date of
such information. Forward-looking statements and forward-looking
information are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking statements and forward-looking information,
including but not limited to: the closing of the Offering, the
ability of the Company to fulfil the requirements of the Exchange
and receive final approval to list its Common Shares, the general
risks associated with the speculative nature of the Company's
business, current global financial conditions, uncertainty of
additional capital, price volatility, no history of earnings,
government regulation in the industries in which the Company
operates, political and economic risk, absence of public trading
market, arbitrary offering price, dilution to Common Shares,
dependence on key personnel, currency fluctuations, insurance and
uninsured risks, competition, legal proceedings, conflicts of
interest and lack of dividends as well as those factors discussed
in the section entitled "Risk Factors" in the Company's final
prospectus. Although the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking statements and
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements or information. Accordingly, readers
should not place undue reliance on forward-looking statements or
forward-looking information. The forward-looking statements and
forward-looking information contained in this press release are
included for the purpose of providing investors with information to
assist them in understanding the offering as well as the Company's
expected financial and operational performance and may not be
appropriate for other purposes. The Company does not undertake to
update any forward-looking statement or forward-looking information
that is included herein, except in accordance with applicable
securities laws.
SOURCE FRNT Financial Inc.