TORONTO, Jan. 29,
2025 /CNW/ - Baylin Technologies Inc. (TSX: BYL)
("Baylin" or the "Company") is pleased to announce that, as of
January 29, 2025, the Company's
common shares will be quoted and available to trade on the OTCQB®
market. This regulated market is operated by OTC Markets Group Inc.
and provides US investors with ready access to market information
about non-US companies such as Baylin.
Baylin begins trading today on OTCQB under the symbol "BYLTF."
U.S. investors can find current financial disclosure and Real-Time
Level 2 quotes for the Company on www.otcmarkets.com.
Baylin's Chief Executive Officer, Leighton Carroll, commented, "Today marks an
exciting milestone for the Company as Baylin shares are now quoted
on the OTCQB market. The timing could not be better as we see a
return to growth, driven by a sustained acceleration of innovation
in high tech communication technologies. Given our significant U.S.
commercial footprint, this was a logical next step to allow U.S.
investors and employees easy access to purchase shares in the
Company."
About Baylin
Baylin is a leading diversified global wireless technology
company. Baylin focuses on research, design, development,
manufacturing and sales of passive and active radio-frequency and
satellite communications products, and the provision of supporting
services. Baylin aspires to exceed its customers' needs and
anticipate the direction of the market. For further information,
please visit www.baylintech.com.
Forward Looking Statements
This press release includes forward-looking information and
forward-looking statements (together, "forward-looking statements")
within the meaning of applicable securities laws. Forward-looking
statements are not statements of historical fact. Rather, they are
disclosure regarding conditions, developments, events or financial
performance that we expect or anticipate may or will occur in the
future, including, among other things, information or statements
concerning our objectives and strategies to achieve those
objectives, statements with respect to management's beliefs,
estimates, intentions and plans, and statements concerning
anticipated future circumstances, events, expectations, operations,
performance or results. Forward-looking statements can be
identified generally by the use of forward looking terminology,
such as "anticipate", "believe", "could" "should", "would",
"estimate", "expect", "forecast", "indicate", "intend", "likely,
"may", "outlook", "plan", "potential", "project", "seek", "target",
"trend" or "will", or the negative or other variations of these
words or other comparable words or phrases, and are intended to
identify forward-looking statements, although not all
forward-looking statements contain these words.
The forward-looking statements in this press release include
statements regarding the benefit of qualifying our common shares
for trading on the OTCQB market. Forward-looking statements are
based on certain assumptions and estimates made by us in light of
the experience and perception of historical trends, current
conditions, expected future developments, including projected
growth and sales in passive and active radio frequency and
satellite communications products and services, and other factors
we believe are appropriate and reasonable in the circumstances, but
there can be no assurance that such assumptions and estimates will
prove to be correct.
Many factors could cause our actual results, level of activity,
performance or achievements or future events or developments to
differ materially from those expressed or implied by the
forward-looking statements, including the risk factors discussed in
the Company's most recent Annual Information Form, which is
available on the Company's profile on SEDAR+ at
www.sedarplus.ca. All the forward-looking statements in this
press release are qualified by these cautionary statements and
other cautionary statements or factors in this press release. There
can be no assurance that the actual results or developments will be
realized or, even if substantially realized, will have the expected
consequences to, or effects on, the Company. Unless required by
applicable securities law, the Company does not intend and does not
assume any obligation to update these forward-looking
statements.
SOURCE Baylin Technologies Inc.
