VANCOUVER, BC / ACCESSWIRE / February 11, 2019 / Dimension Five Technologies Inc. (CSE: DFT) (the "Company") is pleased to announce that the Company's common shares will commence trading on the Canadian Securities Exchange at the market open on Tuesday February 12th / 2019, under the symbol "DFT". The Company has 28,078,001 shares outstanding, of which 14,300,001 are held in escrow for release over time, in compliance with NI 46-201, Escrow for Initial Public Offerings.
Chris Parr, President and CEO states "With the completion of our new listing we are looking forward to further establishing our presence in the technology sector in Canada. There are tremendous opportunities for significant value creation which we intend to explore."
Dave Hodge, Director of Dimension Five states "I am very excited to be part of this new opportunity that is Dimension Five. This newly listed company will be in a strong position to take advantage of opportunities in the technology space and further create shareholder value. Dimension Five has been successful in attracting high quality, technology focused team members to move this company forward."
Craig Murata, CFO states "Our new CSE listing represents an important milestone for the Company. We are excited to be part of Canada's rapidly growing technology industry and look forward to creating value for our shareholders."
About us:
Dimension Five Technologies Inc., based in Vancouver, British Columbia, Canada, is currently developing a new investing platform that helps connect early stage companies with investors. Over time, the Company also intends to focus on developing, marketing and acquiring other software in the investment and financial technology sector. Additional information on Dimension Five is available on the company's website at http://www.dimensionfive.ca.
Legal Notice Regarding Forward-Looking Statements and Information: This news release contains "forward-looking statements and information" within the meaning of applicable securities laws. Forward-looking statements in this news release include without limitation: that the Company can take advantage of opportunities in the technology space and further create shareholder value. Although the Company believes its anticipated future results, performance or achievements expressed or implied by the forward-looking statements are based upon reasonable assumptions and expectations, they can give no assurance that such expectations will prove to be correct. Known and unknown risks, uncertainties and other factors may cause the actual results, performance or achievements of the Company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the risk that the Company's technology and products may not work as well as expected; we may not be able to break into new markets, because such markets are served by strong and embedded competitors, the products are not well accepted by consumers or because of long term supply contracts; and we may not be able to grow and sustain anticipated revenue streams. We may have underestimated the cost of development and the time it takes to bring products to market; we may not be able to finance our intended product development. Our products may not sell or rent as well as expected, and competitors may offer better or cheaper alternatives to our products. Our technologies may not be patentable, and if patents are granted, we may not protect our investment in intellectual property if our patents are challenged. Our intended technologies may infringe on the intellectual property of other parties. Except as required by law, the Company does not intend to update the forward-looking information and forward-looking statements contained in this news release.
For further information, please contact:
Chris Parr, CEO
[email protected]
Suite 1450 - 789 W Pender Street
Vancouver BC V6C 1H2
SOURCE: Dimension Five Technologies Inc.