Wildpack Beverage Inc. Applies for Trading on OTCQB
Wildpack Beverage Inc. (OTC: WLDPF) has applied to list its common shares on the OTCQB Venture Market, enhancing its visibility in the U.S. capital markets. This move is contingent upon regulatory approvals from FINRA and the OTCQB. CEO Mitch Barnard emphasized that the listing will diversify shareholder opportunities and support U.S. employee participation in company growth. The company will continue trading on the TSXV under the symbol CANS. With operations across several U.S. states, Wildpack focuses on sustainable beverage manufacturing and packaging.
- Application for OTCQB listing may increase visibility in U.S. markets.
- Potential to diversify shareholder base and enhance employee engagement.
- Listing contingent on regulatory approvals, which may delay trading.
- Subject to market uncertainties that could impact future performance.
VANCOUVER, BC, Dec. 7, 2021 /PRNewswire/ - Wildpack Beverage Inc. (TSXV: CANS) (OTC: WLDPF) ("Wildpack" or the "Company") is pleased to announce that the Company has applied to have its common shares posted for trading on the OTCQB Venture Market (the "OTCQB"), a United States trading platform that is operated by the OTC Markets Group in New York. The posting of the Company's shares on the OTCQB remains subject to certain regulatory approvals by FINRA and the OTCQB. The Company will provide further information once its common shares commence trading on the OTCQB.
Mitch Barnard, Chief Executive Officer said: "Trading on the OTCQB will provide us the opportunity to diversify our shareholders and increase the ability for our US based employees to participate in our growth."
The OTCQB market is a premiere marketplace for early-stage and developing companies that are committed to providing a high-quality trading and information experience for U.S. investors. Investors can find real-time level 2 quotes and market information for OTCQB-listed companies on the OTC Markets website.
Wildpack believes that trading on the OTCQB will increase its visibility within the U.S. capital markets and align its trading with our US domiciled operations. The Company will also continue to trade on the TSXV under its symbol CANS.
Per: "Mitch Barnard"
Mitch Barnard
Chief Executive Officer and Director
Advisors
Stifel GMP is acting as financial advisor to Wildpack Beverage Inc., Fasken Martineau DuMoulin LLP is acting as its legal advisor.
Visit our investor website at:
https://investor.wildpackbev.com
About Wildpack
Wildpack is engaged in beverage manufacturing and packaging, operating in the middle market by providing sustainable aluminum can filling and decorating services to brands throughout the United States. Wildpack currently operates indirectly through its wholly owned subsidiaries and out of facilities in Baltimore, Maryland, Atlanta, Georgia, Longmont, Colorado, Sacramento, California and Las Vegas, Nevada with a focus on digital innovation and green ready-to-drink packaging. Wildpack commenced trading on May 19, 2021, on the TSX Venture Exchange under the symbol "CANS.V".
Forward-Looking Statements
This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws, including, without limitation, the anticipated posting of the Company's common shares on the OTCQB and receipt of necessary regulatory approvals in connection therewith. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Wildpack's statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of Wildpack's control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties related to Wildpack's business, including that Wildpack's assumptions in making forward-looking statements may prove to be incorrect; failure to obtain necessary regulatory approvals; and adverse market conditions. Except as required by securities law, Wildpack does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Wildpack Beverage Inc.
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