05 Dec ParcelPal Announces Listing on Frankfurt Stock Exchange
ParcelPal Announces Listing on Frankfurt Stock Exchange
Vancouver, British Columbia, Canada – December 5th, 2016 – ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (PKG:CSE) – is pleased to announce ParcelPal Technology, Inc. has been listed on the Frankfurt Stock Exchange (FSE: PT0).
The Company is continuing to move forward in several areas and will begin trading on the Frankfurt Stock Exchange (FSE) today under the symbol FSE: PT0 on Monday December 5th 2016.
President Kelly Abbott states, “Listing ParcelPal on the Frankfurt Stock Exchange will give the company exposure to a much broader audience in the investment community. Along with increasing awareness about ParcelPal, the listing will also help increase the company’s trading liquidity and facilitate investment by European investors. ”
About ParcelPal Technology Inc.
ParcelPal is an iPhone, Android and desktop computer service enabling businesses and individuals to quickly and affordably have items delivered locally though crowd-sourced couriers. The Company offers same-day delivery of merchandise for leading retailers in Vancouver and soon in major cities Canada-wide.
The Canadian Securities Exchange (“CSE”) or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.
CSE – Symbol: PKG
FSE – Symbol: PT0
Shares issued and outstanding: 28,188,558
Contact: Kelly Abbott, President, ParcelPal Technology, Inc. – 604-401-8700
Forward Looking Information
This news release contains forward looking statements relating to the Proposed Transaction, and the future potential of ParcelPal. Forward looking statements are often identified by terms such as “will”, “may”, “should”, “intends”, “anticipates”, “expects”, “plans” and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. There can be no assurance that any forward looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to place undue reliance on any forward looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.