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Numinus to Begin Trading on the OTC Under Symbol NUMIF

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Numinus Wellness Inc. (TSXV: NUMI) will change its OTC Pink market ticker symbol to NUMIF from LKYSF on November 22, 2021, enhancing alignment with its TSX-V listing. The company has also gained DTC Eligibility, allowing its shares to be electronically cleared and settled. This move is seen as a critical first step in expanding its U.S. capital markets strategy, according to CEO Payton Nyquvest. Numinus aims to transform mental health care by integrating psychedelic-assisted therapies into mainstream practice.

Positive
  • Ticker symbol change to NUMIF enhances alignment with TSX-V listing.
  • DTC Eligibility allows for electronic clearing and settlements, facilitating broader investor access.
Negative
  • None.

VANCOUVER, BC, Nov. 19, 2021 /PRNewswire/ - Numinus Wellness Inc. ("Numinus" or the "Company") (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, is pleased to announce that its ticker symbol on the OTC Pink market in the United States will change to "NUMIF" (previously "LKYSF") when the market opens on Monday, November 22, 2021.

The Company has also received approval from the Depository Trust Company ("DTC") to make the Company's common shares eligible to be electronically cleared and settled through the DTC (DTC Eligible). 

"The new NUMIF ticker better aligns with our TSX-V listing, and combined with our DTC Eligibility, is a first step towards building a broader U.S. capital markets strategy," said Payton Nyquvest, Founder and CEO.

About Numinus
Numinus Wellness helps people to heal and be well through the development and delivery of innovative mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Numinus model – including psychedelic production, research and clinic care – is at the forefront of a transformation aimed at healing rather than managing symptoms for depression, anxiety, trauma, pain and substance use. At Numinus, we are leading the integration of psychedelic-assisted therapies into mainstream clinical practice and building the foundation for a healthier society. 

Learn more at www.numinus.com and follow us on LinkedInFacebookTwitter, and Instagram.

Forward-Looking Statements
Statements and other information contained in this press release about anticipated future events constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event "may", "will", "should", "could" or "might" occur or other similar expressions. Forward-looking statements are subject to risks and uncertainties and other factors that could cause actual results to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change except as required by applicable laws. Investors should not place undue reliance on 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.

Cision View original content:https://www.prnewswire.com/news-releases/numinus-to-begin-trading-on-the-otc-under-symbol-numif-301428919.html

SOURCE Numinus Wellness Inc.

FAQ

When will Numinus Wellness change its ticker symbol?

Numinus Wellness will change its ticker symbol to NUMIF on November 22, 2021.

What is the new ticker symbol for Numinus Wellness?

The new ticker symbol for Numinus Wellness will be NUMIF.

What does DTC eligibility mean for Numinus Wellness?

DTC eligibility means Numinus Wellness shares can be electronically cleared and settled, which may enhance trading efficiency.

How does the ticker symbol change affect Numinus Wellness's U.S. market strategy?

The change to the NUMIF symbol aligns better with Numinus's TSX-V listing and is part of a broader strategy to enter U.S. capital markets.

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