14 Nov ParcelPal Commences National Expansion Starting in Alberta
Vancouver, British Columbia, Canada – September 18, 2018 – ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (CSE: PKG) (FSE: PT0) (OTC: PTNYF) – is pleased to announce they have commenced their national roll out plan starting with the much-anticipated expansion into Calgary, Alberta.
ParcelPal is looking to exponentially grow it’s business and make mobile on-demand deliveries a widespread service throughout cities across Canada. The Company has been operating successfully in Vancouver for over a year and are now expanding to Calgary as part of their on-going strategy for Canada wide distribution.
ParcelPal will be launching with all verticals offered (Food, alcohol, grocery, and soon ‘Get Anything’) on their platform, on both Android and iOS. The Company is in late stage planning for implementation of marijuana delivery in the province of Alberta. Comparable to Vancouver, Calgary offers a diverse population of over 1.5 million residents within the initial operational zone. With similar demographics to Vancouver, the Company expects rapid adoption of the service.
The Company has secured an office in Calgary iand is currently onboarding all key personnel to fill all necessary roles for the launch. The Company is actively looking to expand with new and existing partnerships within this region. This should enable the Company to achieve a greater run rate in the coming months.
President and CEO Kelly Abbott states, “We are very pleased to finally offer ParcelPal services residents of Calgary. We are excited by the opportunity that Calgary presents. We feel this expansion to Calgary will bring great shareholder value and this launch will be the cornerstone for all expansions moving forward. Our increased investments in technology, brand and delivery are on track to make our service even easier to use, whilst expanding our customer’s choices. I’m pleased with the strong results of the year and excited by our opportunity for accelerated growth across Canada.”
ParcelPal’s City Manager Alain Duperes states, “We are excited to be a part of the vibrancy and energy of Calgary and it’s residents and to welcome a whole new dynamic of on demand delivery. This will now allow residents to get what they want or need, delivered within an hour or less which is greatly needed.”
Calgary residents can download the app by visiting www.parcelpal.com or by visiting the App Store on their mobile devices.
About ParcelPal Technology Inc.
ParcelPal is a technology driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada-wide.
ParcelPal Website: www.parcelpal.com
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
OTC – Symbol: PTNYF
Contact: Peter Hinam, Investor Relations – email@example.com
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.