ZYUS Life Sciences Announces Final Approval to Commence Trading on June 19, 2023, and Engages Independent Trading Group (“ITG”) as Market Maker
17 June 2023 - 6:49AM
Business Wire
ZYUS Life Sciences Corporation (the “Company”) has been approved
by the TSX Venture Exchange (“TSX-V”) to commence trading on
Monday, June 19, 2023, under the ticker symbol “ZYUS”.
Subject to regulatory approval, the Company has also engaged the
services of Independent Trading Group ("ITG") to provide market
making services in accordance with TSX-V policies. ITG will trade
shares of the Company on the TSX-V and all other trading venues
with the objective of maintaining a reasonable market and improving
the liquidity of the Company's common shares. Under the agreement,
ITG will receive compensation of CAD$7,000 per month, payable
monthly in advance. The agreement is for an initial term of three
months and will renew for additional one-month terms unless
terminated. The agreement may be terminated by either party with 30
days' notice. There are no performance factors contained in the
agreement and ITG will not receive shares or options as
compensation. ITG and the Company are unrelated and unaffiliated
entities and at the time of the agreement, neither ITG nor its
principals have an interest, directly or indirectly, in the
securities of the Company.
About Independent Trading Group
Independent Trading Group (ITG) Inc. is a Toronto based IIROC
dealer-member that specializes in market making, liquidity
provision, agency execution, ultra-low latency connectivity, and
bespoke algorithmic trading solutions. Established in 1992, with a
focus on market structure, execution and trading, ITG has leveraged
its own proprietary technology to deliver high quality liquidity
provision and execution services to a broad array of public issuers
and institutional investors.
About ZYUS Life Sciences
ZYUS is a Canadian-based life sciences company focused on the
global development and commercialization of cannabinoid-based
pharmaceutical drug product candidates and innovative exempt market
therapeutics. Through clinical research, ZYUS is committed to
furthering the understanding of cannabinoids with the clinical
development of its pharmaceutical drug product candidates and
intellectual property activities to protect its novel formulations.
Additionally, ZYUS is dedicated to delivering high quality, cGMP /
EU GMP-compliant cannabinoid products to patients through the
exempt global medical market. The ZYUS vision is to elevate
cannabinoid-based therapeutics as a standard of care and expand the
potential of protein-based formulations in pursuit of a
transformational impact on patients’ lives around the world. ZYUS:
Advancing the Science of Well-Being. For additional information,
visit www.zyus.com.
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking information” within
the meaning of applicable securities laws relating to the listing
and trading of shares on the Exchange, the Company’s business, the
Company’s ability to advance operations and accelerate clinical
research activities, the ability of the Company to realize on its
strategic plans and objectives, the ability of the Company to
introduce products that act as alternatives to current pain
management therapies and intentions of those subject to early
warning disclosure requirements. Any such forward-looking
statements may be identified by words such as “expects”,
“anticipates”, “intends”, “contemplates”, “believes”, “projects”,
“plans” and similar expressions. Readers are cautioned not to place
undue reliance on forward-looking statements. Statements about,
among other things, the expected listing and trading on the
Exchange, the Company’s business, the Company’s ability to advance
operations and accelerate clinical research activities, the
Company’s strategic plans and objectives, the Company’s ability to
introduce products that act as alternatives to current pain
management therapies and the intentions of those subject to early
warning disclosure requirements are all forward-looking
information. These statements should not be read as guarantees of
future performance or results. Such statements involve known and
unknown risks, uncertainties and other factors that may cause
actual results, performance or achievements to be materially
different from those implied by such statements. Although such
statements are based on management’s reasonable assumptions, there
can be no assurance that the Exchange will grant final approval in
respect of the listing and trading of the Resulting Issuer Shares
on the Exchange or that, if such listing and trading does occur, it
will be completed on the terms and timing described above, that the
Company will be able to advance operations and accelerate clinical
research activities, that the Company will be to realize its
strategic plans and objectives or that the Company will be able to
introduce products that act as alternatives to current pain
management therapies. The Company assumes no responsibility to
update or revise forward-looking information to reflect new events
or circumstances or actual results unless required by applicable
law. When available, readers are encouraged to refer to the
Circular for information as to the risks and other factors which
may affect the Company’s business objectives and strategic
plans.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230616364852/en/
ZYUS Media media@zyus.com 1-833-651-7723ZY
US Investor Relations investors@zyus.com 1-888-651-9987
Global X Management AUS (ASX:ZYUS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Global X Management AUS (ASX:ZYUS)
Historical Stock Chart
From Dec 2023 to Dec 2024