Toronto, Ontario--(April 21, 2021) - ScreenPro Security Inc. (CSE: SCRN) ("ScreenPro" or the "Company") is pleased to announce that it has applied to the OTC Markets Group to trade on the OTCQB Venture Market ("OTCQB"), a US trading platform operated by the OTC Markets Group in New York.
The Company believes that trading on the OTCQB will provide increase its visibility for ScreenPro and additional liquidity within the U.S. capital markets. ScreenPro will continue to trade on the Canadian Securities Exchange under its symbol "SCRN". Company will provide further information once its common shares commence trading.
John McMullen, CEO of ScreenPro Security Inc, commented: "This new OTCQB listing provides access to a wider support from investors in the United States and enhances our visibility in the capital markets. Our efforts to improve the profile of the Company's objectives and liquidity of the Company's stock overall in the markets."
The OTCQB is recognized by the Securities and Exchange Commission as an established public market providing public information for analysis and value of securities. As a verified market with efficient access for U.S. investors, OTCQB helps companies build shareholder value with the goal of enhancing liquidity and achieving a fair valuation.
The Company will also in connection to OTQB listing make an application to Depository Trust & Clearing Corp. ("DTC") for the Company's common shares to be cleared and settled electronically in the United States once the OTQB listing is complete.
About OTC Market Group Inc
OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how OTC Markets creates better informed and more efficient markets, visit www.otcmarkets.com.
About Depository Trust and Clearing Corporation
Depository Trust Company is a New York based entity which performs the functions of a Central Securities Depository as part of the US National Market System and is a subsidiary of the Depository Trust & Clearing Corp. which manages the electronic clearing and settlement of share transactions for publicly traded companies.
To learn more about DTC, visit www.dtcc.com
ScreenPro provides turnkey coronavirus screening solutions to the private sector including testing, track and tracing with GoStop alerting software. ScreenPro's unique access to multiple manufacturers of high quality South Korean test kits and its strategic partnership with Canvas Labs in Vancouver and Integrated Explorations in Ontario. This platform allows ScreenPro to be a nationwide provider of a full-service testing solutions across Canada. In addition to providing test kits, ScreenPro has its own nursing professionals, and access to high quality PPE to ensure that its clients are protected in all aspects of their testing needs. GoStop's passport was developed with a privacy preserving approach that will enable individuals to use the alerting software and downloadable app with authentication certificates. The alerts can be scheduled on an on-demand, daily, weekly, or monthly basis and can be used also for vaccine scheduling.
For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com.
Neither the Canadian Securities Exchange (the "CSE") nor it's Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
ON BEHALF OF THE BOARD OF DIRECTORS
"John A. D. McMullen" President and CEO
For further information please contact:
John McMullen Email: email@example.com
Forward Looking Statements:
Certain statements contained in this news release may constitute forward‐looking information, including statements relating to expectations regarding the future development of ScreenPro's business. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The actual results of ScreenPro could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which ScreenPro operates, prevailing economic conditions, changes to ScreenPro's strategic growth plans, and other factors, many of which are beyond the control of ScreenPro. Management of ScreenPro believes that the expectations reflected in the forward‐looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents ScreenPro's expectations as of the date hereof and is subject to change after such date. ScreenPro disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.