Infinity Stone Announces Application For Dual Listing on Upstream

Rhea-AI Summary

Infinity Stone Ventures Corp. (CSE: GEMS, OTC: GEMSF) has initiated the process to dual list its shares on Upstream, a trading platform for digital securities. This strategic move aims to broaden the company's investor base and allow trading through digital currencies like USDC, as well as traditional payment methods. The dual listing is expected to enhance liquidity and facilitate price discovery. Zayn Kalyan, the CEO, emphasized the commitment to increasing shareholder value by targeting an international market. The approval for the listing will depend on acceptance by MERJ Exchange.

Positive

• Initiation of dual listing on Upstream to access digital-first investor market.
• Potential to trade using USDC and traditional payment options, enhancing liquidity.
• First CSE issuer to apply for dual listing, positioning the company as a pioneer.

Negative

• None.

Infinity Stone begins application to dual list on Upstream to tap into global audience who can invest using digital currency & traditional payments

VANCOUVER, BC , Feb. 21, 2023 /PRNewswire/ -- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), is pleased to announce that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex ("Horizon") and MERJ Exchange Limited ("MERJ"). 

The planned dual listing on Upstream is designed to provide the Company with the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in CSE and OTCQB-listed Infinity Stone. Infinity Stone is the first CSE listed issuer to apply for dual-listing on Upstream.

"Building shareholder value and increasing our liquidity is always a high priority for us as a company. We believe a dual listing on Upstream will act as an excellent vehicle to reach an untapped international market of potential new shareholders," said Zayn Kalyan, CEO of Infinity Stone.

Approval to be listed on Upstream is subject to acceptance by MERJ. However, as an existing CSE issuer, the Company may be eligible for an expedited listing process.

About Upstream

Upstream, a MERJ Exchange Market (merj.exchange), is a fully regulated global stock exchange for digital securities and NFTs. Powered by Horizon's proprietary blockchain-powered matching engine technology, the platform enables users to trade NFTs, and invest in securities for IPOs, crowdfunded companies, U.S. & international equities, and celebrity ventures using the Upstream app. For more information, please visit https://upstream.exchange/. Upstream is currently accepting applications to dual list at https://upstream.exchange/getlisted. 

About Infinity Stone Ventures

Infinity Stone's mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.

To register for investor updates please visit https://infinitystone.ventures.

Connect with Infinity Stone

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The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

Disclaimer

This press release shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted. 

NFTs received have no economic value, royalties, equity ownership, or dividends. NFTs are for utility, collection, redemption and display only.  

*If you are a U.S. or Canadian-based citizen or permanent resident that has invested in a company that's listed on Upstream, you may transfer your shares to Upstream and sell them on Upstream's trading app for liquidation purposes only. You are not permitted to purchase shares of other companies listed on Upstream at this time. Anyone may buy and sell NFTs on Upstream.

If funding Upstream with an ACH or wire bank payment, users must complete Upstream's in-app KYC process to get their new, FDIC insured, Upstream U.S. bank account details via email. Users may then initiate a funds-transfer from their bank or financial institution to this new U.S. Dollar bank account. If you haven't completed KYC yet, or didn't select 'Bank' as the 'Deposit From' option when you completed the process initially, then please go through KYC again selecting the 'Bank' payment method. Users may complete the simple KYC process by tapping the settings icon and the KYC option inside the Upstream app. 

Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, and a full member of ANNA. MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agreed to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. There can be no assurance the valuation of any particular company's securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.

Forward Looking Statements Disclaimer

This press release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "projects", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". In this news release, forward-looking statements include, without limitation, statements respecting: the Company's intention to dual list on Upstream; the expected timing for the Company's dual listing on Upstream; and the anticipated benefits to the Company of a dual listing on Upstream. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this press release are based upon what management of Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements may also be affected by risks and uncertainties in the business of the Company, including those described in the Company's public filings available on www.SEDAR.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Infinity Stone Contact

Zayn Kalyan
CEO and Director
Direct: 778-938-3367
zayn@altuscapital.ca

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SOURCE Infinity Stone Ventures Corp

FAQ

What is Infinity Stone Ventures' announcement on February 21, 2023 regarding GEMSF?

Infinity Stone Ventures announced its application for a dual listing on Upstream to access a global investor base.

How will the dual listing on Upstream benefit Infinity Stone Ventures (GEMSF)?

The dual listing aims to enhance liquidity and provide access to a digital-first market for investors using both digital currencies and traditional payment methods.

Is Infinity Stone Ventures the first company to dual list on Upstream?

Yes, Infinity Stone Ventures is the first issuer listed on the CSE to apply for dual listing on Upstream.

What is the expected impact of the dual listing on GEMSF's stock?

The dual listing is expected to increase shareholder value and improve price discovery by reaching an international market.

What are the conditions for Infinity Stone Ventures to be listed on Upstream?

The dual listing is subject to acceptance by MERJ Exchange, although an expedited process may be available for existing CSE issuers.