HALIFAX, Nova Scotia--(BUSINESS WIRE)--Maritime Launch Services Inc. (formerly Jaguar Financial Corporation) is pleased to announce that it has received final approval to list the common shares of the company on the Neo Exchange Inc. and is expected to trade under the symbol “MAXQ”.
The Maritime Launch common shares are expected to commence trading on the NEO effective market open on April 27th, 2022.
“The listing of the company’s shares on the NEO, a premiere Canadian stock exchange, marks an important milestone for Maritime Launch and is another step along the path to Canada becoming a world-leader in the rapidly growing commercial space-launch industry,” said Stephen Matier, President and Chief Executive Officer of Maritime Launch. “There is a global space race well underway and now is the time for Canadian investors to participate in this innovative sector and own a piece of this unique Canadian asset. Our team is motivated and excited about the future and what we can accomplish for our shareholders with the increased resources, opportunities and visibility that come with being a publicly-trading company.”
About Maritime Launch Services
Maritime Launch is a Canadian-owned commercial space company based in Nova Scotia. Maritime Launch is developing Spaceport Nova Scotia, a launch site that will provide satellite delivery services to clients in support of the growing commercial space transportation industry over a wide range of inclinations. The development of this facility will allow prospective launch vehicles to place their satellites into low-earth orbit. This will be the first commercial orbital launch complex in Canada.
Additional Information
The NEO Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents.
Investors are cautioned that, except as disclosed in the listing statement filed on SEDAR at www.sedar.com on April 25th, 2022, information with respect to Maritime Launch may not be complete.
The common shares of Maritime Launch have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Forward Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the anticipated listing and trading of the shares of Maritime Launch Services Inc. (the “Company”) on the facilities of the NEO Exchange, availability of vehicles from suppliers, and the expected industry growth of the global aerospace economy. Forward-looking statements in this news release are based on certain assumptions and expected future events, namely: The Company’s ability to continue as a going concern; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; the continued growth of the Company; and the Company’s ability to finance its operations until profitability can be achieved and sustained. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to finance its operations or continue as a going concern; risks associated with potential governmental and/or regulatory action with respect to the Company’s operations; geopolitical risks; the inability of the Company to provide the enumerated services; and the risks associated with the Company’s ability to maintain the NEO Exchange’s continued listing standards. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. 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 and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
