THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS
SANTA MONICA, Calif. and TORONTO, March 06, 2018 (GLOBE NEWSWIRE) -- The Tinley Beverage Company Inc. (the “Company" or "Tinley") is pleased to announce that its common shares have qualified to trade on the OTCQX® Best Market. This is the top market category offered by OTC Markets Group, and it is reserved for companies that meet high financial standards for disclosure, follow best practice corporate governance, and have a professional third-party sponsor introduction. Tinley Beverage Company upgraded to OTCQX® Best Market from the Pink® Open Market (where it had traded under the symbol QRSRF).
The Company’s common shares will begin trading today on OTCQX under the symbol “TNYBF.” Investors can find current financial disclosure and real-time Level 2 quotes for these shares on www.otcmarkets.com. The Company’s shares will continue to trade simultaneously on the Canadian Securities Exchange under symbol “TNY”, thereby offering investors liquidity on both the CSE and the OTCQX Market.
“We are pleased to welcome The Tinley Beverage Company to the OTCQX® Best Market,” said Jason Paltrowitz, Executive Vice President of OTC Markets Group. “The Company joins more than 60 Canadian Securities Exchange-listed companies that trade on our premium markets to build visibility and provide transparency for U.S. investors.”
“We’re delighted to have graduated to the OTCQX® Best Market. This significantly expands the number of online and full-service advisors through which investors can access our stock globally. We look forward to working with OTC Markets Group on various initiatives to enhance visibility and liquidity for shareholders as we work to build a leading lineup of cannabinoid-infused consumer products,” said Jeff Maser, CEO of The Tinley Beverage Co.
The Tinley Beverage Company was sponsored for OTCQX by J.P. Galda & Co., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX:OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 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, visit www.otcmarkets.com
About The Tinley Beverage Company and Hemplify
The Tinley Beverage Company (Toronto, Canada) manufactures a line of liquor-inspired, alcohol-free, cannabis-infused beverages for use in California. Tinley also manufactures the "Hemplify®" and “TinleyTM Tonics” line of products, which are available in 100+ retail locations in California and online throughout the United States. "Hemplify®" is a line of fruit-flavored, sugar-free, vegan, drinkable supplements that contain hemp stalk extract. This extract contains terpenes and other phytoconstituents. Each product also contains 9-12x the potassium electrolyte content of major sports drinks, 200mg of Omega 3 and excellent sources of 9 vitamins, including 100% DV of Vitamin C, B12 and D. The TinleyTM Tonics squeeze supplement is a creamy, chocolate blend of hemp extract, MCT oil and lactose-reduced whey protein.
Forward-Looking Statements
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This press release contains or refers to forward-looking information and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.
Products and formulations outlined herein are subject to change at anytime.
For further information on The Tinley Beverage Company, please contact:
The Tinley Beverage Company Inc.
Jeff Maser, Chief Executive Officer
77 King Street West, Suite 2905
Toronto, Ontario
Canada M5K 1H1
(310) 507-9146
Twitter: @drinkhemplify
Instagram: @hemplify
www.drinktinley.com
CSE:TNY OTCQX:TNYBF (formerly OTC:QRSRF)