Patriot One Conditionally Approved to Graduate to TSX
07 March 2019 - 12:00AM
Patriot One Technologies Inc. (TSX-V: PAT)
(OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”),
is pleased to announce it has received conditional approval to
graduate its listing from the TSX Venture Exchange (the “TSX-V”) to
the TSX.
Final approval of the listing is subject to
certain customary conditions which the Company intends to fulfill
in the coming weeks. The Company is confident it will be able to
satisfy all requirements and will release a statement immediately
upon issuance of the TSX Bulletin confirming the date which the
shares of Patriot One will be delisted from the TSX-V and commence
trading on the TSX. Upon listing on the TSX, the Company’s
common shares and outstanding listed warrants will continue to
trade under the symbols “PAT”, “PAT.WT”, “PAT.WT.A”, “PAT.WT.B” and
“PAT.WT.C”.
“The entire team at Patriot One is thrilled to
have qualified to uplist to the prestigious TSX main board,”
expressed Martin Cronin, CEO & President of Patriot One.
“Since our launch on the TSX-V in November 2016, we’ve had several
major successes that have contributed to this graduation, including
the expansion of our PATSCAN threat detection solutions,
acquisitions and joint ventures, large corporate partnerships, and
the initial rollout of paid client pilots with our threat detection
solutions. 2019 is truly shaping up to be a stellar year for the
Company and we are honoured to be joining some of Canada’s great
household name companies on the TSX.”
On Behalf of the Board,
“Martin Cronin”
Martin Cronin, Chief Executive
Officer
About Patriot One Technologies, Inc.
(TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL): Patriot One has
developed the PATSCAN™ next generation software and sensor solution
for the covert detection of weapons threats. Designed as an
innovative and effective platform to combat active shooter threats
before they occur, the system features the award-winning PATSCAN™
CMR cognitive microwave radar system. Built for cost-effective
deployment in weapon-restricted buildings and facilities, the
Patriot One software solution and related hardware systems can be
installed at key access points to covertly identify weapons and to
alert security for the intervention of active threat events before
they commence. Owner/operators of private and public facilities can
now prominently post anti-weapons policies with compliance assured.
The Company’s motto Deter, Detect and Defend is based on the belief
that widespread use of its technology will act as an effective
deterrent, thereby diminishing the epidemic phenomena of active
shooters across the globe. For more information, visit:
www.patriot1tech.com. Patriot One Technologies are proud winners of
the 2017 Anti-Terrorism / Force Protection category of the Security
Industry Association’s New Product Showcase at ISC West.
For further information, please contact:
Patriot One Inquiriesinfo@patriot1tech.com
www.patriot1tech.com
Investor RelationsJohn Martin+1 (888)
728-1332johnm@patriot1tech.com
Media Contacts:Scott Ledingham,
PR Media Now+1-613-806-7135 scott@prmedianow.com
CAUTIONARY DISCLAIMER STATEMENT: No Securities
Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release
contains forward-looking statements relating to TSX listing,
product development, licensing, commercialization and regulatory
compliance issues and other statements that are not historical
facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects”,”
believes”, and similar expressions. All statements other than
statements of historical fact, included in this release are
forward-looking statements that involve 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. Important
factors that could cause actual results to differ materially from
the Company's expectations include the failure to satisfy the
conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with
securities regulations. The reader is cautioned that assumptions
used in the preparation of any forward-looking information may
prove to be incorrect. Events or circumstances may cause actual
results to differ materially from those predicted, as a result of
numerous known and unknown risks, uncertainties, and other factors,
many of which are beyond the control of the Company. The reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made
as of the date of this news release and the Company will update or
revise publicly any of the included forward-looking statements as
expressly required by applicable law.
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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