Komo
Plant Based
Foods Announces DTC Eligibility
Vancouver,
B.C. - August 3, 2021 Komo Plant Based Foods Inc.
(CSE:
YUM) (OTC:KOMOF) (FSE:9HB)
("Komo"),
a plant-based food company, is pleased to announce that its
shares have received The Depository Trust Company ("DTC") full
service eligibility in the United States. The Company's identifier
in the United States is "KOMOF".
DTC settlement
services provide a more efficient and lower cost settlement process
for investors and brokers trading Canadian securities in the United
States. DTC eligibility enables shares of Komo to be
distributed, settled and serviced through DTC's automated
processes, thereby taking advantage of the efficiencies created in
the electronic method of clearing securities and the resulting cost
benefits that DTC provides through accelerated settlement
processes.
"We are pleased to improve
settlement of our shares for our current and future shareholders in
the United States," says William White, President, CEO and founder
of Komo. "Being DTC eligible will make it much easier for many U.S.
residents to buy our stock."
About
Komo
Komo Plant Based
Foods Inc. is a premium plant-based food company that develops,
manufactures, markets and sells a variety of plant-based frozen
meals that are always hearty, satisfying, and made with wholesome
ingredients. At Komo, our mission is to
help make plant-based meals a staple on every dinner table by
sharing our love for feel-good food that connects the people to the
planet. We believe plant-based eating is the future and -
Change can start with a single biteTM.
Our experienced
plant-based innovation and development team recreates vegan
versions of traditionally cheesy and meaty classics, with 100%
plants. Komo's products are sold direct-to-consumer through our
eCommerce website and a distribution network of online and brick
and mortar grocery, convenience and natural retailer channels. Our
operating subsidiary Komo Comfort Foods launched in 2021 with our
flagship products: plant-based Lasagna, Shepherd's Pie and Chick'n
Pot Pie and has recently launched a
new line - Komo Plant-Based Meal
HelpersTM
-
versatile meal
starters to allow the creation of many dishes at
home.
Learn more
at: www.komocomfortfoods.com
and follow
on Instagram:
@komocomfortfoods
For further
information, please contact:
William White,
President & CEO
will@komoeats.com
1-866-969-0882
Renmark Financial Communications Inc.
Joshua Lavers:
jlavers@renmarkfinancial.com
Tel: (416)
644-2020 or (212) 812-7680
www.renmarkfinancial.com
The
Canadian Securities Exchange has not reviewed, approved or
disapproved the contents of this news release.
Cautionary Statement Regarding Forward-Looking
Statements
Certain
statements contained in this press release constitute
forward-looking information. These statements relate to future
events or Komo's future performance. The use of any of the words
"could", "expect", "believe", "will", "projected","estimated" and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on Komo's current belief or assumptions
as to the outcome and timing of such future events. Actual future
results may differ materially. In particular, Komo's product
development plans, its ability to retain key personnel, and its
expectation as to the acceptance of its products by consumers
constitute forward-looking information. Actual results and
developments may differ materially from those contemplated by
forward-looking information. Readers are cautioned not to place
undue reliance on forward-looking information. The statements made
in this press release are made as of the date hereof. Komo
disclaims any intention or obligation to publicly update or revise
any forward-looking information, whether as a result of new
information, future events or otherwise, except as may be expressly
required by applicable securities laws.
