ParcelPal Announces Share Consolidation
ParcelPal Announces Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2024) - ParcelPal Logistics Inc. (OTCQB: PTNYF) (CSE: PKG) (FSE: PT0A) (the "Company" or "ParcelPal"), announces that it intends to consolidate the common shares of the Company (each, a "Share") on the basis of ten (10) pre-consolidation Shares for one (1) post-consolidation Share (the "Consolidation"). The Company's common shares are expected to commence trading at the opening of the market on April 11, 2024 under the Company's symbol "PKG". There is no name change or stock symbol change in connection with the Consolidation. The new CUSIP number is 69938P205.
不列顛哥倫比亞省溫哥華--（新聞檔案公司，2024年4月5日）-ParcelPal Logistics Inc. （OTCQB：PTNYF）（CSE：PKG）（FSE：PT0A） （那個”公司“或”ParcelPal“），宣佈打算合併公司的普通股（每股，一股”分享“）以十（10）股合併前股份換取一（1）股合併後股份（”合併“）。該公司的普通股預計將於2024年4月11日開盤時開始交易，公司代碼爲 “PKG”。本次合併沒有名稱變更或股票代碼變更。新的 CUSIP 號碼是 69938P205。
The Consolidation is subject to the approval of the Canadian Securities Exchange (the "CSE"). Currently, a total of 278,040,454 Shares are issued and outstanding. Accordingly, upon the Consolidation becoming effective, a total of 27,804,046 Shares, subject to adjustments for rounding, will be issued and outstanding. There is no maximum number of authorized Shares. The exercise or conversion price and the number of Common Shares issuable under any of the Company's outstanding stock options or Common Share purchase warrants will be proportionately adjusted to reflect the Consolidation in accordance with the respective terms thereof.
合併需要獲得加拿大證券交易所的批准（”案例“）。目前，共發行和流通了278,040,454股股票。因此，合併生效後，總共將發行和流通27,804,046股股票，但須進行四捨五入調整。授權股票數量沒有上限。根據公司任何已發行股票期權或普通股購買權證的行使或轉換價格以及可發行的普通股數量，將根據相應的條款進行相應的調整，以反映合併。
Computershare will mail out a Letter of Transmittal to the shareholders of record on April 12, 2024 providing instructions on exchanging pre-Consolidation share certificates for post-Consolidation share certificates. Shareholders are encouraged to send their share certificates, together with their Letter of Transmittal, to Computershare in accordance with the instructions in the Letter of Transmittal.
Computershare將於2024年4月12日向登記在冊的股東寄出一份送文函，提供有關將合併前的股票證書交換爲合併後的股票證書的說明。鼓勵股東按照送文函中的指示，將其股票證書連同送文函發送給Computershare。
Shareholders who hold their Common Shares through a broker, investment dealer, bank or trust company or other intermediary should contact that nominee or intermediary for assistance in depositing their Common Shares in connection with the Consolidation.
通過經紀商、投資交易商、銀行或信託公司或其他中介機構持有普通股的股東應聯繫該被提名人或中介機構，以協助存入與合併相關的普通股。
About ParcelPal Logistics Inc.
關於 ParcelPal 物流公司
ParcelPal is a Vancouver, British Columbia based company that specializes in last-mile delivery service and logistics solutions. We are a customer-driven, courier and logistics company connecting people and businesses through our network of couriers. Some of our verticals include pharmacy & health, meal kit deliveries, retail, groceries and more.
ParcelPal是一家總部位於不列顛哥倫比亞省溫哥華的公司，專門提供最後一英里送貨服務和物流解決方案。我們是一家以客戶爲導向的快遞和物流公司，通過我們的快遞網絡將人和企業聯繫起來。我們的一些垂直行業包括藥房和健康、餐包配送、零售、雜貨等。
ParcelPal Website:
ParcelPal 網站：
Neither the CSE, the Securities and Exchange Commission nor any other securities regulatory authority has reviewed and do not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.
CSE、證券交易委員會或任何其他證券監管機構均未對管理層編寫的本新聞稿的充分性或準確性進行審查，也不承擔任何責任。
OTCQB - Symbol: PTNYF
CSE - Symbol: PKG
FSE - Symbol: PT0A
OTCQB-符號： PTNYF
CSE-符號： PKG
FSE-符號： PT0A
Contact Information
聯繫信息
Investor Contact
投資者聯繫人
investors@parcelpal.com
T: (587) 883-9811
investors@parcelpal.com
T: (587) 883-9811
Company Contact
公司聯繫人
investors@parcelpal.com
T: (587) 883-9811
investors@parcelpal.com
T: (587) 883-9811