TORONTO, Jan. 24,
2023 /CNW/ - FRNT Financial Inc. (TSXV: FRNT)
(OTCQB: FRFLF) (FSE: XZ3) ("FRNT" or the "Company"); an
institutional capital markets and advisory platform focused on
digital assets, announces that its common shares have been
successfully upgraded from the OTC Pink to the OTCQB Venture Market
("OTCQB") under the symbol "FRFLF", effective at the open trading
of January 19, 2023. FRNT continues
to trade on the TSX Venture Exchange under the symbol "FRNT" and
the Frankfurt Stock Exchange under the symbol "XZ3".
The OTCQB is a U.S. trading platform operated by the OTC Markets
Group and is the leading marketplace of early-stage and developing
U.S. and international companies. To be eligible, companies must be
current in their financial reporting, undergo an annual company
verification and management certification process, and meet a
minimum bid price test. The OTCQB provides key benefits for
investors with efficient market standards, transparency, and
visibility of companies on the OTCQB market. Streamlined market
standards enable Canadian companies to provide a strong baseline of
transparency to inform and engage U.S. investors. To learn more,
visit www.otcmarkets.com.
'We are very pleased to continue to expand the regions and
currencies in which FRNT is listed, facilitating a greater
diversification of its shareholder base.' Noted CEO and Co-Founder
Stéphane Ouellette, 'Our business is global and we believe it's
important we have an investor-base that reflects that.'
About FRNT Financial Inc.
FRNT Financial is an institutional capital markets and advisory
platform focused on digital assets. FRNT, through a
technology-forward and compliant operation, aims to bridge the
worlds of traditional and web-based finance. Partnering with both
financial institutions and crypto native firms, FRNT
operates 5 synergistic business lines including deliverable trading
services, institutional structured derivative products, merchant
banking, advisory and consulting, and principal investments &
trading. Co-founded in 2018 by CEO Stéphane Ouellette, FRNT is a
global firm headquartered in Toronto,
Canada.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Cautionary Note Regarding Forward-Looking Information
This press release contains "forward-looking statements" and
"forward-looking information" within the meaning of applicable law.
Generally, forward-looking statements and forward-looking
information can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", "believes", or
variations of such words and phrases or statements that certain
actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". All forward-looking
statements and forward-looking information are based on reasonable
assumptions that have been made by the Company as at the date of
such information. Forward-looking statements and forward-looking
information are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking statements and forward-looking information,
including but not limited to: the general risks associated with the
speculative nature of the Company's business, current global
financial conditions, uncertainty of additional capital, price
volatility, no history of earnings, government regulation in the
industries in which the Company operates, political and economic
risk, absence of public trading market, arbitrary offering price,
dilution to the Company's common shares, dependence on key
personnel, currency fluctuations, insurance and uninsured risks,
competition, legal proceedings, conflicts of interest and lack of
dividends. Although the Company has attempted to identify important
factors that could cause actual results to differ materially from
those contained in forward-looking statements and forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements or information. Accordingly, readers should not
place undue reliance on forward-looking statements or
forward-looking information. The Company does not undertake to
update any forward-looking statement or forward-looking information
that is included herein, except in accordance with applicable
securities laws.
SOURCE FRNT Financial Inc.