AI/ML Innovations Inc. Announces DTC Eligibility

Rhea-AI Summary

AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF) has announced its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the U.S. This DTC eligibility enhances liquidity and accessibility for investors, allowing broader trading options across various brokerage firms. Tim Daniels, Chairman, emphasized the importance of this milestone for increasing stock liquidity and strengthening the company’s presence in U.S. markets. AIML is pursuing additional strategies for enhancing investor access, including potential up-listings.

Positive

• DTC eligibility enhances liquidity for AIMLF shares, allowing broader trading options and potentially increasing investor interest.
• AIML is actively exploring additional avenues to boost liquidity and access in global markets.

Negative

• None.

TORONTO, ON / ACCESSWIRE / July 12, 2021 / AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF) ("AIML" or the "Company"), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is pleased to report that it has received confirmation from the Depository Trust Company ("DTC") that AIML's common shares are now eligible for electronic clearing and settlement through DTC in the United States.

DTC is a subsidiary of The Depository Trust & Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly-traded companies. The shares of the Company, trading under the symbol "AIMLF" in the United States, are now eligible to be electronically cleared and settled through the DTC and are therefore considered "DTC eligible". This electronic method of clearing securities accelerates the settlement process for investors and brokers, enabling a security to be traded over a much wider selection of brokerage firms.

Tim Daniels, Chairman of AIML, said, "We are pleased to be DTC eligible, which is an important step toward increasing liquidity in our stock and building a strong presence for our company within the U.S. capital markets."

AIML continues to explore options to enhance liquidity and access for global investors interested in investing in the Company, including potential up-listings or cross-listings to US or international exchanges and/or up-listing to senior exchanges in Canada.

Investors and media are encouraged to visit AIML's website at https://aiml-innovations.com/ to learn and access more information about the Company, as well as request email notifications for future news, events, and updates.

On behalf of the Board of Directors
Tim Daniels, Executive Chairman

For more information about AI/ML Innovations:

For detailed information please see AI/ML's website at https://aiml-innovations.com/

or the Company's filed documents at www.sedar.com

For further information: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com.

Presentations:

Investor slidedeck: https://aiml-innovations.com/wp-content/uploads/2021/01/AIML-mini-1-21.pdf

Corporate video: https://www.youtube.com/watch?v=k2QSjo7clXc&feature=youtu.be

Official YouTube Channel: https://www.youtube.com/channel/UCCfOj2P_Fu3TOK6Jl1G9vEQ

About AI/ML Innovations Inc.

AI/ML Innovations Inc. has realigned its business operations to capitalize on the burgeoning areas of artificial intelligence (AI) and machine learning (ML), with an initial focus on emerging companies in the digital healthcare space. AI/ML's shares are traded on the Canadian Securities Exchange under the symbol "AIML". AI/ML's first acquisition was 70% ownership of Health Gauge.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cautionary and Forward-Looking Statements

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including but not limited to, the uncertainty of competition by other industry players, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals and the ability to raise additional capital as may be needed in the future. Readers are cautioned that the assumptions used in preparing such information, although considered reasonable at the time of preparation, may prove imprecise and undue reliance should not be placed on forward-looking statements. Forward-looking statements in this press release are expressly qualified by this cautionary statement.

The forward-looking statements in this press release are made as of the date of this press release, and the Company undertakes no obligations to update publicly or to revise any of the included forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable securities law.

SOURCE: AI/ML Innovations Inc.

View source version on accesswire.com:
https://www.accesswire.com/655014/AIML-Innovations-Inc-Announces-DTC-Eligibility

FAQ

What does DTC eligibility mean for AIMLF investors?

DTC eligibility allows AIMLF shares to be electronically cleared and settled, improving trading efficiency and accessibility for investors.

When did AIML announce DTC eligibility?

AI/ML Innovations Inc. announced DTC eligibility on July 12, 2021.

How will DTC eligibility affect AIMLF stock liquidity?

DTC eligibility is expected to enhance AIMLF stock liquidity by allowing trading through a wider range of brokerage firms.

What future plans does AIML have for stock listings?

AIML is exploring potential up-listings or cross-listings to U.S. and international exchanges to further improve market access.