BERLIN, GERMANY, May 3rd, 2019 | Chinook Tyee Industry Limited ("Chinook") (TSXV: XCX), (FSE: C4T) is pleased to announce that its Class A Voting Common Shares will be listed for trading on the Frankfurt Stock Exchange (FSE), also known as Börse Frankfurt, under the trading symbol "C4T" (WKN: A12DYZ, ISIN: CA16961T2083). The market maker representing Chinook in Germany is Baader Bank AG.
"Europe is set to become the world's largest legal cannabis market over the next five years as it is home to more than 740 million people, a population more than double that of the US and Canada combined," according to Mr. Alex Blodgett, CEO of Chinook. "Our Frankfurt Stock Exchange listing will increase our exposure among German and European investors as Chinook makes further investments and acquisitions related to the European medical cannabis industry."
About Chinook Tyee Industry Limited
Chinook is a Berlin based investment company with two European subsidiaries, AMP Alternative Medical Products GmbH (AMP) and Mercury Partners & Company plc. AMP plans to import pharmaceutical grade (EU-GMP) cannabis produced by Canadian licensed producers into Germany. AMP in cooperation with its business partners will provide EU-GMP audit, logistical, transportation, importation and other related services for the importation of medical cannabis into Germany. Mercury Partners & Company plc is a Malta based investment holding company that invests mainly in German distressed assets. Chinook has 10,217,796 shares outstanding and trades on the TSX Venture Exchange (symbol: "XCX") and Frankfurt Stock Exchange (symbol: “C4T”). www.amp-eu.com.
This news release contains forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates, including with respect to its business plans and its European investments. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. These forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Mr. Alex Blodgett, Director
Tel: +1 (236) 833-1602
Frankfurt Stock Exchange stock quote for Chinook: C4T.
SOURCE Chinook Tyee Industry Limited