VANCOUVER, BC, Jan. 23,
2025 /CNW/ - Simply Better Brands Corp. ("SBBC" or
the "Company") (TSXV: SBBC) (OTCQX: SBBCF), a rapidly growing brand
accelerator in the global protein-based nutrition category,
offering innovative, plant-based protein products that prioritize
clean ingredients and exceptional taste, is pleased to announce
that it has qualified to trade on the OTCQX® Best Market
under the symbol "SBBCF", effective immediately. This upgrade
represents a move from the OTCQB® Venture Market and
marks an important milestone for the Company.
The OTCQX® Best Market is designed for established,
investor-focused U.S. and international companies. To qualify for
OTCQX, companies must meet high financial standards, follow best
practice corporate governance, and demonstrate compliance with
applicable securities laws. This achievement underscores SBBC's
commitment to transparency and operational excellence, enhancing
accessibility and visibility for U.S.-based investors.
J.R. Kingsley Ward, Chairman and
Chief Executive Officer of SBBC commented, "Upgrading to the OTCQX
Market demonstrates our progress as a company and our
dedication to delivering value to our shareholders. This move
provides an opportunity to reach a broader investor base in the
U.S. while continuing our mission of offering innovative,
plant-based protein products that do not compromise on taste."
U.S.-based investors are able to find current financial
disclosure and Real-Time Level 2 quotes for the company
at www.otcmarkets.com.
Simply Better Brands Corp. common shares continue to trade on
the Toronto Venture Exchange under the ticker symbol
"TSXV:SBBC".
About Simply Better Brands Corp.
Simply Better Brands Corp. is a rapidly growing brand
accelerator in the global protein-based nutrition category,
delivering premium protein products made with clean ingredients,
exceptional taste, and a commitment to sustainable health and
wellness. Focused on innovation and customer empowerment, the
company aims to redefine modern nutrition while expanding its reach
in this dynamic market. For more information on Simply Better
Brands Corp., please visit:
https://www.simplybetterbrands.com/investor-relations.
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 Statement Regarding Forward-Looking
Information
Certain statements contained in this news release constitute
"forward-looking information" and "forward-looking statements"
(collectively, "forward-looking statements") as such terms are
defined under applicable Canadian securities laws and are based on
plans, expectations and estimates of management at the date of this
news release. Forward-looking statements include, without
limitation, the availability of funds under the credit facility,
the approval of the TSX Venture Exchange, the anticipated benefits
of the financings and the growth in distribution for the TRUBAR
plant-based protein bar, anticipated use of proceeds from the
credit facility and Promissory Notes, and statements with respect
to the future business and operations of the Company. The words
"engaged in", "evaluating", "continuing to", "is reviewing",
"potential", "intend", "anticipates", "believes", "aims", "plans",
"expects" or variations of such words and phrases or statements
that certain future conditions, actions, events or results "will",
"may", "could", "would", "should", "might" or "can", or negative
versions thereof, "occur", "continue" or "be achieved", and other
similar expressions, identify forward-looking statements.
Forward-looking statements are necessarily based upon management's
perceptions of historical trends, current conditions and expected
future developments, as well as a number of specific factors and
assumptions that, while considered reasonable by the Company as of
the date of such statements, are outside of the Company's control
and are inherently subject to significant business, economic and
competitive uncertainties and contingencies which could result in
the forward-looking statements ultimately being entirely or
partially incorrect or untrue. Forward-looking statements contained
in this news release are based on various assumptions, including,
but not limited to, the following: the ability of the Company to
achieve its growth and revenue strategies; the demand for the
Company's products; that the Company's financial condition and
development plans do not change as a result of unforeseen events;
the regulatory climate in which the Company operates; and the
Company's ability to execute on its business plans. Known and
unknown risk factors, many of which are beyond the control of the
Company, could cause the actual results of the Company to differ
materially from the results, performance, achievements, or
developments expressed or implied by such forward-looking
statements. Such risk factors include but are not limited to:
the impact of foreign exchange rates; pricing pressures; general
adverse economic, market and business conditions and those factors
which are discussed in the Company's management discussion and
analysis for the year ended December 31,
2023, which is available under the Company's SEDAR+ profile
at www.sedarplus.com. The risk factors are not intended to
represent a complete list of the factors that could affect the
Company, and the reader is cautioned to consider these and other
factors, uncertainties, and potential events carefully and not to
put undue reliance on forward-looking statements. There can be no
assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements.
Forward-looking statements are provided for the purpose of
providing information about management's expectations and plans
relating to the future. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
except to the extent required by applicable law. All of the
forward-looking statements contained in this news release are given
as of the date hereof and qualified by these cautionary
statements.
SOURCE Simply Better Brands Corp.
