Simply Better Brands Corp. Announces Successful Completion of Its OTC (QB) Listing
October 15 2021 - 7:19AM
Simply Better Brands Corp. ("
SBBC" or the
"
Company") (TSX Venture: SBBC) (OTCQB: PKANF)
announces today it has completed its listing on the U.S. trading
market with its common shares being posted on the OTC (QB) under
the symbol “PKANF”. The Company will continue to trade on the
TSX Venture Exchange under the symbol "SBBC".
SBBC includes a portfolio of brands focusing on
health and wellness for its customers in the rapidly growing
plant-based, natural, and clean ingredient space. The Company’s
brands are distributed through both its e-commerce platforms as
well as brick and motor retail channels. SBBC’s largest market is
in the United States and are also geographically expanding brands
into Latin America, Mexico, the UK and parts of South America. The
Company’s key brands are Purekana (CBD), Tru (Plant based protein
bars) and No BS (clean ingredient skin care).
More than 10,000 companies trade on OTC
(over-the-counter) markets. Developing international companies
often enter the U.S. stock market through an OTC listing. Eligible
companies must be current in reporting and undergo annual
verification.
Brian Meadows, CFO of SBBC stated, "We are
pleased to announce our listing on the OTC (QB) markets. This
accomplishment will expand access to shares in the Company
tremendously for US investors."
To purchase shares of SBBC, consult a brokerage
firm or an online broker that allows OTC trading.
About Simply Better Brands
Corp.
Simply Better Brands Corp. leads an
international omni-channel platform with diversified assets in the
emerging plant-based and holistic wellness consumer product
categories. The Company’s mission is focused on leading innovation
for the informed Millennial and Generation Z generations in the
rapidly growing plant-based, natural, and clean ingredient space.
The Company continues to focus on expansion into high-growth
consumer product categories including CBD products, plant-based
food and beverage, and the global pet care and skin care
industries. For more information on Simply Better Brands Corp.,
please visit:
https://www.simplybetterbrands.com/investor-relations.
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.
Contact Information
Simply Better Brands Corp.Brian MeadowsChief Financial Officer+1
(855) 553-7441ir@simplybetterbrands.com
Forward-Looking Information
Certain statements contained in this news
release constitute "forward-looking information" and "forward
looking statements" as such terms are used in applicable Canadian
securities laws. Forward-looking statements and information are
based on plans, expectations and estimates of management at the
date the information is provided and are subject to certain factors
and assumptions, including, that the Company’s financial condition
and development plans do not change as a result of unforeseen
events and that the Company obtains regulatory approval. SBBC's
obligation to close will be subject to TSX Venture Exchange
approval and standard closing conditions for transactions of this
nature, including, among other things, (i) accuracy of
representations and warranties and compliance with covenants and
obligations, (ii) no material adverse effect, (iii) the absence of
litigation, restraining orders, injunctions or other legal
restraints and (iv) receipt of required regulatory and third party
consents, legal opinions, officers' and secretary's certificates,
(v) signing of employment agreements, or approval of existing
employment agreements with key individuals as determined by SBBC,
(vi) other customary closing documentation and conditions.
Forward-looking statements and information are subject to a variety
of risks and uncertainties and other factors that could cause
plans, estimates and actual results to vary materially from those
projected in such forward-looking statements and information.
Factors that could cause the forward-looking statements and
information in this news release to change or to be inaccurate
include, but are not limited to, the risk that any of the
assumptions referred to prove not to be valid or reliable, that
occurrences such as those referred to above are realized and result
in delays, or cessation in planned work, that the Company’s
financial condition and development plans change, and delays in
regulatory approval, as well as the other risks and uncertainties
applicable to the CBD or broader wellness industries and to the
Company, and as set forth in the Company’s annual information form
available under the Company’s profile at www.sedar.com. The Company
undertakes no obligation to update the forward-looking statements
and information, other than as required by applicable law.
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