Nepra Foods is Upgraded to OTCQB Venture Market Under Trading Symbol NPRFF
Nepra Foods has received approval to uplist to the OTCQB Venture Market under the trading symbol NPRFF, moving from the OTC Pink Market. This upgrade reflects enhanced compliance and reporting standards, aiming to attract a broader range of investors in the U.S. CEO David Wood highlighted the timing of this upgrade as fortuitous, coinciding with the upcoming launch of their PROPASTA™ frozen meal line and increased production in Colorado. The uplisting is seen as a confidence vote for potential investors and may enhance trading convenience and liquidity.
- Uplisting to OTCQB enhances company visibility and compliance.
- Potential to attract a wider range of U.S. investors.
- Launch of PROPASTA™ frozen meal anticipated to boost growth.
- Increased production capacity in Colorado facility.
- None.
VANCOUVER, BC / ACCESSWIRE / January 31, 2022 / Nepra Foods Inc. ("Nepra") (CSE:NPRA)(FSE:2P6.F)(OTCQB:NPRFF),creator of nutritious plant-based and allergen-free food, is pleased to announce its approval for uplisting to the United States OTCQB® Venture Market under the trading symbol NPRFF. Nepra debuted on the OTC Pink Market last November.
Recognized by the United States Securities and Exchanges Commission as a public market, eligibility for the upgraded listing requires stringent, reporting, compliance and visibility criteria. As a result, Nepra's aims to expand and broaden its range of non‐Canadian investors, while increasing the convenience of trading and liquidity of its common shares within the U.S.
"This swift upgrade to the OTCQB Venture Market is a vote of confidence for potential investors and comes at an opportune time in our company's growth," says Nepra CEO David Wood. "With our PROPASTA™ frozen meal debut on the horizon, we have ramped up production in our Colorado facility, and will continue innovating to expand our CPG vertical and ingredient verticals."
The company is also traded on the Canadian Securities Exchange (CSE) and the Frankfurt Stock Exchange (FSE).
About OTC Markets Group Inc.
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About Nepra Foods
Nepra Foods is grounded in a passion for food. We believe eating healthy shouldn't be difficult. Everybody deserves food options that are truly nutritious and taste good. Food shouldn't contain allergens that might prevent everybody in the family from enjoying it together. People shouldn't have to compromise quality and taste in what they eat even if they are trying to cut down on carbs, don't tolerate gluten or dairy very well, or don't want to eat food produced from animals. Nepra Foods is on a mission to make healthy, enjoyable food for everybody.
Media Contact
Investor Relations
Investors@neprafoods.com
1-844-566-1917
The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, the statements relating to the Company's financial performance, business development and results of operations. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.
SOURCE: Nepra Foods
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