Nabis Holdings Commences Trading on the OTCQB® Venture Market in the U.S.
14 November 2019 - 12:12AM
Nabis Holdings Inc. (CSE:NAB) (OTCQB: NABIF)
(FRA:A2PL) (“NabisTM” or the “Company”), a leading Canadian
investment company with specialty investments in assets across
multiple divisions of the cannabis sector, today announced that its
common stock has been approved for trading on the OTCQB® Venture
Market under the ticker symbol “NABIF,” effective as of the opening
of trading today, November 13, 2019. The Company will continue to
trade on the Canadian Stock Exchange under “NAB” as well as on the
Frankfurt Stock Exchange under “A2PL.”
“The OTCQB® Venture Market will provide our current and future
shareholder base with increased visibility and transparency through
high-quality disclosure, transparent trading and ease of access to
Company information. We are excited to enhance our presence with
U.S. investors, while generating more liquidity for our shares,”
said Shay Shnet, CEO & Director of Nabis.
The OTCQB® is a Venture Market operated by OTC Markets Group and
is designed for early-stage and developing US and international
companies. To be eligible, companies must be current in their
reporting and undergo an annual verification and management
certification process. U.S. Investors can find current
financial disclosures and Real-Time level 2 quotes for the Company
on www.otcmarkets.com.
In addition, Nabis has approved to change its fiscal year end
from October 31 to December 31 to better align with its industry
peers.
About OTC Markets Group Inc.OTC
Markets Group Inc. (OTCQX:OTCM) operates the OTCQX Best Market, the
OTCQB Venture Market and the Pink Open Market for 10,000 U.S. and
global securities. Through OTC Link ATS and OTC Link ECN,
they connect a diverse network of broker-dealers that provide
liquidity and execution services. OTC Markets enables investors to
easily trade through the broker of their choice and empower
companies to improve the quality of information available for
investors.
About Nabis Holdings Inc.Nabis
Holdings is a Canadian investment issuer that invests in high
quality cash flowing assets across multiple industries, including
real property, securities, cryptocurrency, and all aspects of the
U.S. and international cannabis sector. The Company is focused on
investing across the entire vertically integrated aspects of the
space with a focus on revenue generation, EBITDA and growth.
For more information, please visit
https://www.nabisholdings.com/.
Forward-Looking StatementsAll
statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements.
The risks are without limitations: that the acquisitions will be
completed by the Company or completed upon the terms disclosed; the
price for cannabis and related products will remain consistent and
the consumer demand remains strong; availability of financing to
the Company to develop the retail locations; retention of key
employees and management; changes in State and/or municipal
regulations of retail operations and changes in government
regulations generally. Important factors that could cause actual
results to differ materially from the Company’s expectations are
disclosed in the Company’s documents filed from time to time with
the Canadian Securities Exchange, the British Columbia Securities
Commission, the Ontario Securities Commission and the Alberta
Securities Commission.
The CSE does not accept responsibility
for the adequacy or accuracy of this release.
For inquiries, please
contact:
Investor Contact:Allison
SossKCSA Strategic Communications PH:
212-896-1267Nabis@kcsa.com
Company Contact:Shay Shnet, CEO
and DirectorPH: 416-223-2300info@nabisholdings.com
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