TORONTO, September 10, 2021 / CNW / – The Green Organic Dutchman Holdings Ltd. (“TGOD” or the “Company”) (TSX: TGOD) (US-OTCQX: TGODF), a leading manufacturer of premium certified, organically grown cannabis, today announced that the company was awarded by the Canadian Securities Exchange (the “CSE”) the final approval to list its common stock (the “Common Shares”) and listed common stock purchase warrants (the “Warrants”) on the CSE (the “Listing”).
The Green Organic Dutchman Holdings Ltd. Logo (CNW Group / The Green Organic Dutchman Holdings Ltd.)
As previously noted, pursuant to Part VII, Section 720 of the Toronto Stock Exchange Corporate Handbook (the “TSX”), the Company will voluntarily withdraw its common stock and warrants from the TSX (the “Delisting”) and has TSX approval to do so.
No action is required on the part of holders of the common stock and warrants with respect to listing and delisting. The company continues to trade under the symbol “TGOD” on the CSE.
The delisting of the common shares and warrants from the TSX will take effect at the close of business on September 10, 2021, and the listing of the common shares and warrants on the CSE will take effect on September 13, 2021to ensure, where possible, continuous and seamless trading liquidity for holders of common stocks and warrants.
Ownership of the common stock and warrants will not be affected by the delisting and the holders of the common stock and warrants will retain their existing rights under applicable company law and relevant Company documents. Trading in common shares on the OTCQX Best Market will not be affected by the delisting or listing.
“Completing this process is an important milestone on the way forward for the company. Our listing on the CSE enables the company to expedite its plans for entry into the US market, “said Sean Bovingdon, Chief Executive Officer and Interim Chief Financial Officer of TGOD. “We will continue to find partners who can use our organic know-how and our intellectual property, while at the same time enabling synergies to reach profitable agreements in the short and long term.”
The story goes on
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF) is a premium certified, organically grown cannabis company focused on the health and wellness market. His organic cannabis is grown in living soil as nature intended. The company is committed to a better future by producing its products responsibly, with less waste and less environmental impact. Its Canadian facilities have been built to LEED certification standards and its products are sold in recyclable packaging. In Canada, TGOD sells dried flowers and oil and has recently launched a range of next generation cannabis products such as hashish, vapes, organic teas and soluble powders. The company also sells premium hemp CBD oil and CBD-infused topicals in Europe through its European subsidiary HemPoland. Using science and technology, TGOD harnesses the power of nature from seed to sale.
As of today, TGOD’s common shares and warrants are subject to the bonds dated 19th December 2019, June 12, 2020, October 23, 2020 and December 10, 2020 are traded on the TSX under the symbol “TGOD”, “TGOD.WS”, “TGOD.WR”, “TGOD.WA” and “TGOD.WB”, respectively. TGOD’s common stock is traded on the US OTCQX under the symbol “TGODF”. More information about The Green Organic Dutchman Holdings Ltd. can be found at www.tgod.ca.
This press release contains statements that contain certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward-looking statements in this press release include, but are not limited to, the company’s expansion into other jurisdictions, including The United States, any additional benefits of expanding the company into other jurisdictions, the status of discussions with other parties related to entry into the US market, synergies with potential partners and the creation of value for shareholders. Forward-looking statements are often characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “should”, “believe”, “anticipate”, “estimate”, “can”. , “will,” “potentially,” “suggested” and other similar words or statements that certain events or conditions “may or will” “occur”. These statements are only predictions. Various assumptions have been made in the conclusions or projections contained in the forward-looking statements in this press release. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to a variety of risks and uncertainties (including market conditions) and other factors that could cause actual events or results to differ materially from those in the forward-looking statements Projected statements, including the risk factors described in the company’s most recent annual disclosure form filed with Canadian securities regulators and available on the company’s issuer profile on SEDAR at www.sedar.com. While the company believes that the assumptions and factors used in preparing the forward-looking information or forward-looking statements in this press release are reasonable, such information should not be unduly relied upon and no assurance can be given that such events in the disclosed timeframe or at all. The forward-looking information and forward-looking statements contained in this press release speak as of the date of this press release. The company has no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements as a result of new information, future events or otherwise, unless expressly required by applicable law.
Neither the TSX nor the TSX Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this press release.
View original content to download multimedia: https://www.prnewswire.com/news-releases/tgod-announces-update-on-listing-application-on-the-canadian-securities-exchange-and-voluntary-delisting-from -the-toronto-stock exchange-301373081.html
SOURCE The Green Organic Dutchman Holdings Ltd.
To download multimedia, see the original content at: http://www.newswire.ca/en/releases/archive/September2021/10/c9635.html