Saturday, March 2, 2024

POSaBIT Applies to Listing Widespread Shares on the TSXV

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TORONTO — POSaBIT Methods Company (CSE: PBIT, OTC: POSAF) (the “Firm” or “POSaBIT“), a number one supplier of funds infrastructure within the hashish trade, is happy to announce that it has filed its software to checklist the Firm’s frequent shares (the “Widespread Shares“) on the TSX Enterprise Trade (the “TSXV“).

“I’m happy to announce that we have now formally filed our software to checklist on the TSXV,” mentioned Ryan Hamlin, CEO and Co-Founding father of POSaBIT. “That is the pure continuation of our plan and dedication to our shareholders to reveal POSaBIT to a bigger market of buyers within the US, Canada and overseas. I’m excited at the potential of facilitating possession and bettering buying and selling liquidity, along with potential index and ETF inclusion.”

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The itemizing of the Widespread Shares on the TSXV stays topic to the evaluate of the TSXV and is contingent on the satisfaction of all itemizing and regulatory necessities. There is no such thing as a assurance that the TSXV will approve the itemizing software or that the Firm will full the itemizing on the TSXV as at present proposed.

ABOUT POSABIT

POSaBIT (CSE: PBIT, OTC: POSAF) is a FinTech, working completely inside the hashish trade. We offer a best-in-class Level-of-Sale answer and are the main cashless cost supplier for hashish retailers. We work tirelessly to construct higher monetary providers and transaction strategies for retailers. We carry cutting-edge software program and know-how to the hashish trade so that every one retailers can have a protected and compliant set of providers to unravel the issues of a cash-only trade. For added data, go to www.posabit.com.

Neither the Canadian Securities Trade nor the Canadian Funding Regulatory Group accepts accountability for the adequacy or accuracy of this launch.

Ahead Wanting Statements

This press launch accommodates forward-looking statements, together with statements concerning our expectations round enterprise technique, financing occasions and programs of motion. Statements which aren’t purely historic are forward-looking statements and embrace any statements concerning beliefs, plans, outlook, expectations or intentions concerning the longer term together with phrases or phrases corresponding to “anticipate,” “goal,” “could,” “will,” “would possibly,” “ought to,” “may,” “can,” “intend,” “count on,” “imagine,” “estimate,” “predict,” “potential,” “plan,” “is designed to” or comparable expressions suggesting future outcomes or the destructive thereof or comparable variations, together with the completion of the proposed itemizing on the TSXV. Ahead-looking statements are topic to recognized and unknown dangers, uncertainties and different necessary elements that will trigger the precise outcomes to be materially completely different from these expressed or implied by such forward-looking statements, together with enterprise, financial and capital market circumstances; the flexibility to handle our working bills, which can adversely have an effect on our monetary situation; regulatory uncertainties; market circumstances and the demand and pricing for our merchandise; and {our relationships} with our clients, stakeholders, distributors and enterprise companions.

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Neither we nor any of our representatives make any illustration or guarantee, specific or implied, as to the accuracy, sufficiency or completeness of the knowledge on this information launch. Neither we nor any of our representatives shall have any legal responsibility by any means, below contract, tort, belief or in any other case ensuing from the usage of the knowledge on this information launch or for omissions from the knowledge on this information launch.

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20231222701542/en/

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Contacts

Investor Relations:
buyers@posabit.com

Media Relations:
Jesse Swingle
855-767-2248
jesse@posabit.com

Administration:
Ryan Hamlin
Co-founder and CEO of POSaBIT
855-767-2248
buyers@posabit.com

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