VANCOUVER, BC, Feb. 23, 2022 /CNW/ - Wildpack Beverage
Inc. (TSXV: CANS) (OTCQB:
WLDPF) ("Wildpack") is pleased to announce
approval to commence trading on the OTCQB® Venture Market (the
"OTCQB"), beginning today, February
23, 2022, in the United
States under the symbol 'WLDPF'. Wildpack's common shares
continue to trade on the TSX Venture Exchange under the symbol
'CANS'.
The OTCQB listing is a key step in enabling frictionless access
for non-Canadian investors to gain ready on-line access to data,
transparency, and liquidity in our securities. Wildpack is a U.S.
based beverage manufacturing and packaging growth business to
which we are excited to provide access to investors in that
jurisdiction. U.S. investors can find current financial disclosure
and real-time Level 2 quotes for Wildpack on
www.otcmarkets.com/stock/WLDPF/overview.
Jeffrey Mason, Chair of the Board
for Wildpack commented "We are excited to increase our
accessibility to investors in the U.S. and globally with our shares
being listed on the OTCQB. As a 6-location business that operates
across the U.S., this is a natural step in aligning our operations
with our capital structure and our ever-growing investor base."
In connection with the listing, we have commenced a
comprehensive digital media marketing campaign led by Stanford & Turner Marketing Group
("Stanford") which principally
operates out of Los Angeles,
California. Under the terms of the campaign, Stanford will provide a combination of content
development, web development, media buying and distribution, and
reporting and optimization to Wildpack at a total cost of
US$45,000, with cash on hand, over a
three-month period and US$15,000 per
month on a month-to-month basis, thereafter, commencing
February 23, 2022. Wildpack and
Stanford act at arm's length, and
Stanford has no present interest,
directly or indirectly, in the securities of Wildpack. The
appointment of Stanford is subject to
normal course approval by the TSX Venture Exchange.
Per: "Mitch Barnard"
Mitch Barnard
Chief Executive Officer and Director
Advisors
Stifel GMP is financial advisor to Wildpack Beverage Inc.,
Fasken Martineau DuMoulin LLP is its legal advisor.
Visit our investor website at:
https://investor.wildpackbev.com
About Wildpack
Wildpack is engaged in beverage manufacturing and packaging,
operating in the middle market by providing sustainable aluminum
can filling, decorating, and brokering services to brands
throughout the United States.
Wildpack currently operates indirectly through its wholly owned
subsidiaries and out of facilities in Baltimore, Maryland, Grand Rapids, Michigan, Atlanta, Georgia, Longmont, Colorado, Sacramento, California and Las Vegas, Nevada with a focus on digital
innovation and green ready-to-drink packaging. Wildpack commenced
trading on May 19, 2021, on the TSX
Venture Exchange under the symbol "CANS.V" and commenced trading on
February 23, 2022, on the OTCQB®
Venture Market under the symbol "WLDPF".
Cautionary Statement on Forward Looking
Information
This news release may contain "forward-looking statements"
within the meaning of applicable Canadian securities laws,
including, but not limited to, statements with respect
to Wildpack's plans, financial performance and operating
performance, anticipated growth in co-packing business, the
estimation of revenue, the timing and targets of M&A activity,
costs, future capital expenditures, and the success of integration.
Forward-looking statements are based upon a number of estimates and
assumptions that, while considered reasonable by management, are
inherently subject to significant business, economic and
competitive risks including but not limited to: risks related to
the successful integration of acquisitions; risks related to
operations; risks related to general economic conditions and credit
availability, ability to obtain sufficient and suitable financing,
actual results of current production and decorating, fluctuations
in prices of aluminum; failure of plant, equipment or processes to
operate as anticipated; accidents, labour disputes, title disputes,
claims and limitations on insurance coverage and other risks of the
co-packaging industry; delays in the completion of capex
activities, changes in national and local government regulation of
manufacturing operations and labour laws in light of the current
COVID pandemic, tax rules and regulations, and political and
economic developments where Wildpack operates. These statements
generally can be identified by the use of forward-looking words
such as "may", "should", "will", "could", "intend", "estimate",
"plan", "anticipate", "expect", "believe" or "continue", or the
negative thereof or similar variations. Forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause future results, performance, or achievements to be
materially different from the estimated future results, performance
or achievements expressed or implied by those forward-looking
statements and the forward-looking statements are not guarantees of
future performance. Forward-looking statements expressed or implied
by Wildpack are subject to a number of risks, uncertainties, and
conditions, many of which are outside of Wildpack's control, and
undue reliance should not be placed on such statements.
Although Wildpack has attempted to identify important
factors that could cause actual results to differ materially from
those contained in forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or
intended. Forward-looking statements are qualified in their
entirety by the inherent risks and uncertainties related to
Wildpack's business, including that Wildpack's assumptions in
making forward-looking statements may prove to be incorrect; delays
in filing of financial information; adverse market conditions;
risks inherent in the beverage manufacturing and packaging sector
in general; that future results may vary from historical results;
and competition in the markets where Wildpack operates. Except as
required by securities law, Wildpack does not assume any obligation
to update or revise any forward-looking statements, whether as a
result of new information, events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE Wildpack Beverage Inc.