TORONTO, March 06, 2019 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (PAT.V) (PTOTF) (0PL.F) (“Patriot One” or the “Company”), is pleased to announce it has received conditional approval to graduate its listing from the TSX Venture Exchange (the “TSX-V”) to the TSX.
Final approval of the listing is subject to certain customary conditions which the Company intends to fulfill in the coming weeks. The Company is confident it will be able to satisfy all requirements and will release a statement immediately upon issuance of the TSX Bulletin confirming the date which the shares of Patriot One will be delisted from the TSX-V and commence trading on the TSX. Upon listing on the TSX, the Company’s common shares and outstanding listed warrants will continue to trade under the symbols “PAT”, “PAT.WT”, “PAT.WT.A”, “PAT.WT.B” and “PAT.WT.C”.
“The entire team at Patriot One is thrilled to have qualified to uplist to the prestigious TSX main board,” expressed Martin Cronin, CEO & President of Patriot One. “Since our launch on the TSX-V in November 2016, we’ve had several major successes that have contributed to this graduation, including the expansion of our PATSCAN threat detection solutions, acquisitions and joint ventures, large corporate partnerships, and the initial rollout of paid client pilots with our threat detection solutions. 2019 is truly shaping up to be a stellar year for the Company and we are honoured to be joining some of Canada’s great household name companies on the TSX.”
On Behalf of the Board,
Martin Cronin, Chief Executive Officer
About Patriot One Technologies, Inc. (PAT.V) (PTOTF) (0PL.F):
Patriot One has developed the PATSCAN™ next generation software and sensor solution for the covert detection of weapons threats. Designed as an innovative and effective platform to combat active shooter threats before they occur, the system features the award-winning PATSCAN™ CMR cognitive microwave radar system. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware systems can be installed at key access points to covertly identify weapons and to alert security for the intervention of active threat events before they commence. Owner/operators of private and public facilities can now prominently post anti-weapons policies with compliance assured. The Company’s motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.com. Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection category of the Security Industry Association’s New Product Showcase at ISC West.
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CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to TSX listing, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.