Financial News

Optimi Health Announces DTC Eligibility & Up-List to OTCQB

Products You May Like

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) — Optimi Well being Corp. (CSE: OPTI) (OTC: OPTHF) (FRA: 8BN) (“Optimi” or the “Firm”), builders of a vertically built-in practical mushroom model targeted on the well being and wellness sector, is happy to announce that its US-based OTC Markets itemizing underneath the image “OPTHF” has obtained approval from the Depository Belief Firm (“DTC”) to make the Firm’s widespread shares eligible to be electronically cleared and settled via DTC (“DTC Eligibility”).

DTC is a subsidiary of the Depository Belief and Clearing Company, a United States firm that manages the digital clearing and settlement of publicly traded firms. DTC Eligibility incorporates an digital methodology of clearing securities that quickens the receipt of inventory and money, and thus accelerates the settlement course of for sure traders. DTC is a member of the U.S. Federal Reserve System, a limited-purpose belief firm underneath New York State banking regulation and a registered clearing company with the U.S. Securities and Trade Fee.

Optimi additional advises that it’s nearing completion of the method to up-list to the OTCQB trade operated by OTC Markets Group Inc. Designed for creating and entrepreneurial firms in the US and overseas, firms have to be present of their monetary reporting and endure an annual verification and administration certification course of, together with assembly a minimal bid value and different monetary situations. With extra compliance and high quality requirements, the OTCQB offers traders improved visibility to boost buying and selling choices. The OTCQB is acknowledged by the US Securities and Trade Fee as a longtime public market offering public info for evaluation and worth of securities.

Along with buying and selling in the US, Optimi’s widespread shares proceed to commerce on the Canadian Securities Trade underneath OPTI and the German Börse Frankfurt (FRA) trade underneath 8BN.

Michael Stier, CEO of Optimi notes, “As we speak’s information is a vital milestone in the direction of broadening our market presence throughout the US as we have interaction with this important shareholder viewers. Itemizing on the OTCQB will present heightened transparency and visibility to the funding group. DTC eligibility permits present and potential shareholders of Optimi a dependable, cost-efficient, and well timed methodology for clearing and settlement of our widespread shares. Total, in the present day’s information positions Optimi to interact with confidence, goal and consideration extra meaningfully with present and future traders.”

On Behalf of the Board of Administrators, Optimi Well being Corp.

Mike Stier 
President, Chief Govt Officer and Director


Optimi is creating a classy mushroom model that focuses on the well being and wellness markets. With a vertically built-in strategy, Optimi intends to domesticate, extract, course of and distribute top quality practical mushroom merchandise at its two services comprising a complete of 20,000 sq. ft nearing completion in Princeton, British Columbia. To totally examine the science of mushrooms, the Firm has obtained a analysis exemption underneath Well being Canada Meals and Drug Rules (FDR) for using Psilocybin and Psilocin for scientific functions through its wholly owned subsidiary Optimi Labs Inc. Optimi has additionally utilized for a vendor’s license underneath Canada’s Narcotic Management Rules governing possession, distribution, sale, laboratory evaluation of and analysis and improvement of Psilocybin and Psilocin formulations. Optimi is dedicated to professional cultivation and high quality manufacturing topic to and in accordance with the phrases of all relevant legal guidelines and governing laws to make sure protected, superior Canadian fungi manufacturing.

Discover out extra at:

Investor Relations
E mail:

Telephone: +1 (778) 930-1321


This information launch comprises ahead‐trying statements and ahead‐trying info throughout the which means of Canadian securities laws (collectively, “ahead‐trying statements”) that relate to Optimi’s present expectations and views of future occasions. Any statements that categorical, or contain discussions as to, expectations, beliefs, plans, aims, assumptions or future occasions or efficiency (typically, however not at all times, via using phrases or phrases equivalent to “will doubtless end result,” “are anticipated to,” “expects,” “will proceed,” “is anticipated,” “anticipates,” “believes,” “estimated,” “intends,” “plans,” “forecast,” “projection,” “technique,” “goal,” and “outlook”) should not historic info and could also be ahead‐trying statements and should contain estimates, assumptions and uncertainties which might trigger precise outcomes or outcomes to vary materially from these expressed in such ahead‐trying statements. No assurance may be provided that these expectations will show to be right and such ahead‐trying statements included on this information launch shouldn’t be unduly relied upon. These statements communicate solely as of the date of this information launch. Specifically and with out limitation, this information launch comprises ahead‐ trying statements pertaining to the vendor’s license software, actions proposed to be carried out underneath the Firm’s analysis exemption and related enterprise associated to Psilocybin and Psilocin and Optimi’s plans, focus and aims.

Ahead‐trying statements are based mostly on numerous assumptions and are topic to numerous dangers and uncertainties, a lot of that are past Optimi’s management, which might trigger precise outcomes and occasions to vary materially from these which are disclosed in or implied by such ahead‐trying statements. Such dangers and uncertainties embrace, however should not restricted to, the affect and development of the COVID‐19 pandemic and different elements set forth underneath “Ahead‐Trying Statements” and “Danger Elements” within the Firm’s Closing Prospectus dated February 12, 2021. Optimi undertakes no obligation to replace or revise any ahead‐trying statements, whether or not on account of new info, future occasions or in any other case, besides as could also be required by regulation. New elements emerge every now and then, and it isn’t doable for Optimi to foretell all of them or assess the affect of every such issue or the extent to which any issue, or mixture of things, could trigger outcomes to vary materially from these contained in any ahead‐trying assertion. Any ahead‐trying statements contained on this information launch are expressly certified of their entirety by this cautionary assertion.

The CSE doesn’t settle for duty for the adequacy or accuracy of this launch.

Primary Logo

Products You May Like