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TORONTO, Sept. 29,
2022 /CNW/ - FRNT Financial Inc. (TSXV: FRNT) (OTCQB:
FRFLF) (FSE: XZ3) ("FRNT" or the "Company"); an institutional
capital markets and advisory platform focused on digital assets, is
pleased to announce the formation of its wholly owned UK
subsidiary, FRNT Financial UK Inc. Limited ("FRNT UK") which has
recently submitted to the FCA for registration. During the last
months the FRNT team has worked diligently with its regulatory
counsel in the UK in order to submit to the FCA to act as a market
in financial instruments directive ("MiFID") advisor and arranger.
In carrying out this objective, FRNT UK will seek to provide its
services as an introducer to the Company's industry leading
technology and trading infrastructure.
FRNT CEO Stéphane Ouellette notes: 'Demand for our services has
given FRNT a clear mandate to expand globally. Broadening our
distribution network was a key component of our post-IPO plan.
Further, we see institutional crypto services as under addressed in
the UK and neighbouring regions. FRNT believes it has a great
opportunity to be an additional service providers in some fields
and then break new ground with business lines such as our
structured products and advisory offerings.'
About FRNT Financial
Inc.
FRNT is an institutional capital markets and advisory platform
focused on digital assets. FRNT, through a technology-forward and
compliant operation, aims to bridge the worlds of traditional and
web-based finance. Partnering with both financial institutions and
crypto native firms, FRNT operates 5 synergistic business lines
including deliverable trading services, institutional structured
derivative products, merchant banking, advisory and consulting, and
principal investments & trading. Co-founded in 2018 by CEO
Stéphane Ouellette, FRNT is a global firm headquartered in
Toronto, Canada.
https://www.frnt.io
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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 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 the Company's common shares, dependence on key
personnel, currency fluctuations, insurance and uninsured risks,
competition, legal proceedings, conflicts of interest and lack of
dividends. 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 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.