Press Release – Indiva Obtains DTC Eligibility for Prevalent Shares on OTCQX


Not for distribution to U.S. Newswire Solutions or for dissemination in the United States. Indiva Obtains DTC Eligibility for Prevalent Shares on OTCQX Indiva tends to make it less complicated for shareholders to trade popular shares in U.S. LONDON, Ontario – September three, 2019:  Indiva Restricted (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that it has obtained eligibility with the Depository Trust Organization (DTC) for its popular shares listed on the OTCQX. DTC is a stock depository that facilitates and simplifies electronic trading of securities in the United States. Indiva’s popular shares, listed on the OTCQX beneath NDVAF, are now eligible for electronic clearing and settlement by way of DTC&#8217s automated processes. This electronic strategy of clearing securities speeds up the receipt of stock and money, and accelerates the settlement method for particular investors. DTC solutions also offer expense added benefits for investors and brokers trading Canadian securities in the United States. “This is a important step forward to improve trading volume and liquidity for Indiva’s popular shares in the United States,” Niel Marotta, Indiva’s President and Chief Executive Officer, stated. DTC, a subsidiary of the Depository Trust and Clearing Corporation (DTCC), is a member of the United States’ Federal Reserve Program and a registered clearing agency with the Securities and Exchange Commission. &#160 About Indiva Indiva’s worldwide loved ones of cannabis brands set the common for high quality and innovation. Indiva aims to bring its exceptional portfolio of items to Canadians and cannabis enthusiasts about the planet as laws permit. Indiva’s production facility, primarily based in London, Ontario, incorporates aeroponic, environmentally-conscious develop rooms and a almost completed extraction and manufacturing space, which will be capable to method 70 tonnes of biomass annually and generate protected, higher-high quality cannabis-infused edibles. In Canada, Indiva will generate and distribute Ruby Cannabis Sugar&#x2122, Sapphire Salt&#x2122, Ruby Gems&#x2122, as nicely as the award-winning Bhang Chocolate&#x2122, and other derivative items by way of licence agreements and joint ventures. Click right here to connect with INDIVA on social media and right here to obtain a lot more info on the Organization and its items. &#160 MEDIA Get in touch with Kate Abernathy Vice President of Communications Telephone: 613-296-5764 E-mail: [email protected] &#160 INVESTOR Get in touch with Steve Low Investor Relations Telephone: 647-620-5101 E-mail: [email protected] &#160 DISCLAIMER &#038 READER ADVISORY Neither the TSX Venture Exchange nor its Regulation Solutions Provider (as that term is defined in the policies of the TSX Venture Exchange) has in any way passed upon the merits of the Transaction and neither of the foregoing entities accepts duty for the adequacy or accuracy of this release or has in any way authorized or disapproved of the contents of this press release. Specific statements contained in this press release constitute forward-searching info. These statements relate to future events or future overall performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and equivalent expressions and statements relating to matters that are not historical information are intended to determine forward-searching info and are primarily based on the parties’ existing belief or assumptions as to the outcome and timing of such future events. Actual future outcomes may possibly differ materially. In distinct, this release consists of forward-searching info relating to the influence of DTC eligibility on the trading volume and liquidity of the Organization&#8217s popular shares, the Organization&#8217s future item offerings and compliance with applicable regulations. Different assumptions or things are usually applied in drawing conclusions or creating the forecasts or projections set out in forward-searching info. These assumptions and things are primarily based on info at the moment readily available to the parties. The material things and assumptions contain the parties becoming capable to get the needed regulatory and other third parties’ approvals and licensing and other dangers connected with regulated entities in the cannabis business. The forward-searching info contained in this release is produced as of the date hereof and the parties are not obligated to update or revise any forward-searching info, no matter whether as a outcome of new info, future events or otherwise, except as needed by applicable securities laws. Mainly because of the dangers, uncertainties and assumptions contained herein, investors need to not location undue reliance on forward searching info. The foregoing statements expressly qualify any forward-searching info contained herein. This press release does not constitute an offer you to sell or a solicitation of an offer you to obtain any of the securities in the United States. The securities have not been and will not be registered beneath the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may possibly not be presented or sold inside the United States or to U.S. Persons unless registered beneath the U.S. Securities Act and applicable state securities laws or an exemption from such registration is readily available. Not for distribution to U.S. Newswire Solutions or for dissemination in the United States. Any failure to comply with this restriction may possibly constitute a violation of U.S. Securities laws. &#160

The post Press Release &#8211 Indiva Obtains DTC Eligibility for Prevalent Shares on OTCQX appeared initially on INDIVA.


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