Cellular Agriculture Platform Offers Investors Democratized Access to Portfolio Companies that are Advancing the Development of Novel Technologies to Provide a Sustainable, Environmental and Ethical Solution to the Global Factory Farming and Aquaculture Crises
VANCOUVER, BC - CULT Food Science Corp., an innovative investment platform with an exclusive focus on clean, lab-grown food that is advancing the development of novel technologies to provide a sustainable, environmental and ethical solution to the global factory farming and aquaculture crises, is pleased to announce that its common shares have been approved for listing on the Canadian Securities Exchange (the "CSE") and will commence trading on Monday, January 17, 2022, under the stock ticker symbol "CULT". To coincide with its listing on the CSE, CULT has recently updated its website with new information about the Company and its investee businesses, including but not limited to a current investor presentation, which can all be viewed at https://www.cultfoodscience.com/.
Additionally, with the listing on the CSE complete, the Company will be pursuing options for increased liquidity for its shareholders in Europe and the United States. CULT also intends to submit an application to the Depository Trust Company (the "DTC") to have the Company's common shares eligible for delivery and depository services with the DTC to facilitate electronic settlement of transfers of its common shares in the United States. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible". This electronic method of clearing securities expedites the receipt of stock and cash, and thus accelerates the settlement process for investors and greatly reduces transaction costs for participating brokerages firms.
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