TORONTO, Nov. 25, 2021 /CNW/ - The Well Told Company
Inc. ("Well Told" or the "Company") (TSXV: WLCO),
the female-founded wellness company that offers plant-based
supplements, remedies, and other functional wellness products, is
pleased to announce that its common shares have been accepted for
listing on the Frankfurt Stock Exchange (FSE) under the trading
symbol "7HO". The Company's common shares are now cross-listed on
the TSX Venture Exchange (TSXV) and the FSE.
CEO Monica Ruffo stated that:
"Our recent listing in Canada
sparked international interest and we have been working hard to
bring the ability to invest in our Company to investors outside of
Canada. This cross-listing is a
significant milestone for Well Told as it opens up the opportunity
for investment by institutional and retail investors across
Europe while increasing potential
trading liquidity and market awareness for our Company."
The FSE is the largest stock exchange in Germany. The FSE facilitates advanced
electronic trading, settlement and information systems allowing it
to meet the growing requirements of cross-border trading.
About The Well Told Company Inc.
Well Told is a female founded, emerging plant-based wellness
company that formulates, develops, distributes and sells a variety
of supplements, remedies and other functional wellness products.
Founded by serial entrepreneur and award-winning leader
Monica Ruffo, it was after
undergoing treatment for breast cancer, and deciding to take her
health into her own hands that she discovered the lack of
transparency and availability of clean, plant-based formulations in
the wellness industry. With the mission "Clean wellness for all",
Well Told's products are currently available in over 2,000 stores
across Canada including several
well-known retailers.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Certain statements contained in this press release constitute
"forward-looking information" as such term is defined in applicable
Canadian securities legislation. The words "may", "would", "could",
"should", "potential", "will", "seek", "intend", "plan",
"anticipate", "believe", "estimate", "expect" and similar
expressions as they relate to the Company, including: the FSE
listing opening up the opportunity for investment by institutional
and retail investors across Europe
while increasing potential trading liquidity and market awareness
for the Company; are intended to identify forward-looking
information. All statements other than statements of historical
fact may be forward-looking information. Such statements reflect
the Company's current views and intentions with respect to future
events, and current information available to the Company, and are
subject to certain risks, uncertainties and assumptions. Many
factors could cause the actual results, performance or achievements
that may be expressed or implied by such forward-looking
information to vary from those described herein should one or more
of these risks or uncertainties materialize. Examples of such risk
factors include, without limitation: credit; market (including
equity, commodity, foreign exchange and interest rate); liquidity;
operational; reputational; insurance; strategic; regulatory; legal;
environmental; the general business and economic conditions in the
regions in which the Company operates; the ability of the Company
to execute on key priorities; the Company's results of operations
may be difficult to forecast; the Company is a holding company with
its only asset being direct ownership of Well Told Inc.; the
Company's success depends upon the continued strength of its
reputation and brands; disruptions in manufacturing facilities or
losses of site licenses and other qualifications could adversely
affect sales and customer relationships; the Company's success
depends on its ability to continue to enhance products and develop
new products; the Company's suppliers and sources for materials and
inputs may fail to support demand and increasing raw material costs
could adversely affect margins; the Company is reliant on third
parties for shipping and payment processing; the Company's ability
to compete could be negatively impacted if it is unable to protect
its intellectual property rights; the ability to implement business
strategies and pursue business opportunities; disruptions in or
attacks (including cyber-attacks) on the Company's information
technology, internet, network access or other voice or data
communications systems or services; the evolution of various types
of fraud or other criminal behavior to which the Company is
exposed; the failure of third parties to comply with their
obligations to the Company or its affiliates; the impact of new and
changes to, or application of, current laws and regulations;
granting of permits and licenses in a highly regulated business;
the overall difficult litigation environment; increased
competition; changes in foreign currency rates; increased funding
costs and market volatility due to market illiquidity and
competition for funding; the availability of funds and resources to
pursue operations; critical accounting estimates and changes to
accounting standards, policies, and methods used by the Company;
the occurrence of natural and unnatural catastrophic events and
claims resulting from such events; and risks related to COVID-19
including various recommendations, orders and measures of
governmental authorities to try to limit the pandemic, including
travel restrictions, border closures, non-essential business
closures, quarantines, self-isolations, shelters-in-place and
social distancing, disruptions to markets, economic activity,
financing, supply chains and sales channels, and a deterioration of
general economic conditions including a possible national or global
recession; as well as those risk factors discussed or referred to
in the Company's disclosure documents filed with the securities
regulatory authorities in certain provinces of Canada and available at www.sedar.com. Should
any factor affect the Company in an unexpected manner, or should
assumptions underlying the forward-looking information prove
incorrect, the actual results or events may differ materially from
the results or events predicted. Any such forward- looking
information is expressly qualified in its entirety by this
cautionary statement. Moreover, the Company does not assume
responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this press
release and the Company undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
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SOURCE The Well Told Company Inc.