Planting Hope announces the launch of trading on the OTCQB market and DTC eligibility

Chicago, IL and Vancouver, BC / Accesswire / August 2, 2022 / Planting Hope Company Inc. (TSXV: MYLK) (FRA: J94) (OTCQB: MYLKF) ,planting hope” either “company“), a plant-based food and beverage company focused on producing the world’s most nutritious and planet-friendly products, is pleased to announce that the company will commence trading on subordinate voting shares (“Shares”). OTCQB® Venture Market (“OTCQB”) on August 2, 2022 under the symbol “MYLKF”. Shares are also eligible for electronic clearing and settlement through a Depository Trust Company (“DTC”) in the United States (“US”).

“Trading on the OTCQB represents another important milestone achieved for The Planting Hope Company,” said Julia Stamberger, CEO and Co-Founder of Planting Hope. “Founded in the United States, with operational headquarters in Chicago and a significant distribution of our products in more than 48,000 retail areas across the United States, we want to be able to provide American investors with opportunities to hold stock in our company and to broaden Excited. Viewers for our story. We believe this move will increase transparency and liquidity for both existing and potential shareholders and support our growth plans as we execute our business plan and our plant- continue to grow distribution, sales, and fans of planet-based, planet-friendly, pantry-main foods.”

Designed for early stage and developing companies in the United States and abroad, OTCQB is operated by OTC Markets Group Inc. To be eligible for OTCQB quotes, companies must be present in their disclosure filings, have audited financial statements, and undergo an annual verification and management certification process. Companies will also have to meet minimum bidding tests and other financial conditions. The OTCQB is accredited by the Securities and Exchange Commission as an established public market and provides current public information to investors needing to analyze, evaluate and trade securities.

DTC is a subsidiary of the Depository Trust and Clearing Corporation, an American company that manages the electronic clearing and settlement of publicly traded companies. DTC qualified securities can be cleared and settled electronically, which simplifies the trading process, improves execution speed, and increases liquidity in the United States.

About Planting Hope Company Inc.

Planting Hope develops, launches and scales uniquely innovative plant-based and planet-friendly food and beverage brands. Planting Hope’s state-of-the-art products address critical unmet needs in the plant-based food and beverage space. Founded by seasoned food industry entrepreneurs, Planting Hope is a women-managed and women-led company with a focus on nutrition, sustainability and diversity. For more information visit: www.plantinghopecompany.com,

Contact

Julia Stamberger
CEO & Co-Founder
(773) 492-2243
julia@plantinghopecompany.com

For IR enquiry:
Glen Axelrod, Bristol Capital
(905) 326-1888 Extn. 1
glen@bristolir.com

Caroline Sawamoto, IR Labs
(773) 492-2243
ir@plantinghopecompany.com

For media inquiries:
Alex Jessup, Jessup PR
(323) 529-3541
alex.jessup@jessuppr.com

Neither TSX Venture Exchange nor its regulation service provider (as defined in TSX Venture Exchange’s policies) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements This news release contains “forward-looking statements” or “forward-looking information” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities law. All statements that address activities, events, or developments that the Company expects or may occur in the future, or may occur in the future, including statements about the Company’s ability to execute its goals, The timing relates to the company’s potential demand for the product, the timing and success of the anticipated product launch and delivery of the company’s products, and the company’s business prospects, future trends, plans, and strategies. In some cases, forward-looking statements are preceded by, or followed by, words such as “may”, “would”, “would”, “can”, “should”, “believes”, “estimate”, “projects” . , “likely”, “expected”, “planned”, “anticipated”, “continued”, or the negative of those words or other similar or comparable words. In preparing the forward-looking statements in this news release, the Company has applied a number of material assumptions, including the assumption that demand for the Company’s product will remain or will increase in accordance with management’s projections, that the Company’s internal research and analysis Broad market trends and the Company’s anticipated future demand for its products indicate that changes in consumer preferences in the plant-based food industry will continue in line with the Company’s expectations, that the Company’s current business objectives can be achieved and That its other corporate activities will proceed as expected, and that the general business and economic situation will not change in a materially unfavorable manner. Although the company’s management believes that the assumptions and expectations made from such statements are reasonable, no assurance can be given that any forward-looking statements herein will prove accurate. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the Company’s actual results, performance, or achievements to differ materially from any future results, performance, or achievements. Statement. While the company’s management has attempted to identify significant factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause the results to be not predictable, anticipated or intended. The risks and uncertainties that apply to the Company, as well as trends affecting the Company’s industry, can be found in the Company’s Annual Information Form dated January 6, 2022 and in the Company’s Continuous Disclosure Records available at SEDAR. www.sedar.com, Such cautionary statements qualify as all forward-looking statements made in this news release. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

Source: Planting Hope Company Inc.

View the source version at accesswire.com:
https://www.accesswire.com/710473/Planting-Hope-Announces-Commencement-of-Trading-on-OTCQB-Market-and-DTC-Eligibility

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