/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED
VANCOUVER, BC, Feb. 9, 2021 /CNW/ - Kadestone Capital Corp.
("Kadestone" or the "Company") (TSXV: KDSX) (OTCQB:
KDCCF), is pleased to announce that effective February 10,
2021, common shares of the Company ("Shares") have been
approved for and will commence trading on the OTCQB Market,
operated by OTC Markets Group. The Shares will trade under
the ticker symbol "KDCCF".
OTCQB is a venture market operated by the OTC Markets Group Inc.
To be eligible for quotation on the OTCQB, companies must be
current in their reporting and undergo an annual verification and
management certification process. Companies must also meet a
minimum bid price test and other financial conditions. OTCQB is
recognized by the U.S. Securities and Exchange Commission as an
established public market and provides current public information
to investors that need to analyze, value, and trade securities.
The OTCQB Market provides investors who cannot access trading on
the TSX Venture Exchange with an alternative access to Kadestone's
Shares though regulated US broker-dealers. "We are confident that
trading on OTCQB can enhance liquidity for our shareholders and
extend investor awareness of the Company throughout the US and
beyond," said Brent Billey, CEO,
About Kadestone Capital Corp.
Kadestone was established to pursue the investment in,
development, acquisition, and management of residential and
commercial income producing properties within major urban centres
and high-growth, emerging markets in Canada. The Company
operates five complimentary business lines spanning building
materials procurement and supply, property development and
construction, construction finance, asset ownership, and property
management. These synergistic business lines have solidified
Kadestone's vision to become a market leading vertically integrated
property company. Additional information can be found
ON BEHALF OF THE BOARD
(signed) "Brent Billey"
President, CEO and Director
Cautionary Statement Regarding Forward Looking-Statements
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. Certain information in this press
release, including, but not limited to, statements regarding the
Investor's future plans, may constitute forward looking information
(collectively, forward-looking statements), which can be identified
by the use of terms such as "may," "will," "should," "expect,"
"anticipate," "project," "estimate," "intend," "continue" or
"believe" (or the negatives) or other similar variations. Because
of various risks and uncertainties, including those referenced
below, actual events or results may differ materially from those
reflected or contemplated in such forward-looking statements. As a
result, you should not rely on such forward-looking statements.
Additional information identifying assumptions, risks and
uncertainties relating to Kadestone is contained in Kadestone's
filings with the Canadian securities regulators available at
www.sedar.com. These risks include those described in the
"Risk Factors" section of the Company's final prospectus
dated September 2,
2020 and in the Management's Discussion and Analysis for the
three and nine months ended September 30, 2020. The
forward-looking statements in this press release are applicable
only as of the date of this release or as of the date specified in
the relevant forward-looking statement.
SOURCE Kadestone Capital Corp.