Stock symbol change was done to reflect the
company's focus on Killi, its consumer data platform
TORONTO, May 6, 2020 /CNW/ - Freckle
Ltd. (the "Company" or "Killi") (TSXV: FRKL)
announces that effective the start of trading on May 8, 2020, the Company's stock symbol on the
TSX Venture Exchange ("TSXV") will change from "FRKL" to
"MyID" (TSXV: MYID). No action is required from existing
shareholders in connection with the change, and no change has been
made to the Company's share capital.
"With the previously announced sale of the Freckle measurement
business we wanted to eliminate any confusion to the market
regarding what the focus of the company is moving forward," said
Founder and CEO Neil Sweeney. "While
we are still waiting for final approval for the deal from the TSXV
and shareholders, we felt that changing the ticker symbol now would
amplify to the market that we are no longer involved in the
measurement business associated with Freckle and are now entirely
focused on allowing consumers to put data under their control
inside of Killi. "MyID" as a ticker symbol is a reminder to all
individuals that consumer control of data is a fundamental human
right and a call to action to investors that Killi is the public
company that is making this happen globally."
The Company's change of name to Killi Ltd remains subject to
both TSXV and shareholder approval.
About Killi Ltd
Killi (killi.io) is a consumer identity product, available in
five countries, that allows individuals to take back control of
their digital identity from those who have been using it without
their consent. With Killi™, consumers can opt-in and select
specific pieces of personal information that they would like to
share with companies and be compensated directly in cash for its
use.
Download Killi™ here.
For more information, please visit killi.io.
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 news release.
Forward Looking and Other Cautionary Statements
This news release may contain "forward-looking statements"
within the meaning of applicable securities laws. Forward-looking
statements may generally be identified by the use of the words
"anticipates," "expects," "intends," "plans," "should," "could,"
"would," "may," "will," "believes," "estimates," "potential,"
"target," or "continue" and variations or similar expressions.
These statements are based upon the current expectations and
beliefs of management and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. These risks
and uncertainties include, but are not limited to, the risks and
uncertainties discussed in our most recent annual and quarterly
reports filed with the Canadian securities regulators and available
on the Company's profile on SEDAR at www.sedar.com, which risks and
uncertainties are incorporated herein by reference. Readers are
cautioned not to place undue reliance on forward-looking
statements. Except as required by law, the Company does not intend,
and undertakes no obligation, to update any forward-looking
statements to reflect, in particular, new information or future
events.
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SOURCE Freckle I.O.T. Ltd.