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Toronto, Ontario-(Newsfile Corp.-October 12, 2021)-Canada Jetlines Operations Ltd. (“company” or”Jets“) is pleased to announce that Neo Exchange Inc. (“NEO Exchange”) has approved the company’s listing application. Jetlines’ ordinary and variable voting shares will begin trading on the NEO Exchange at 9:30 am Eastern Time in October 2021. On the 13th, the code is “CJET”.
Jetlines CEO Eddy Doyle said: “This is an important milestone for Jetlines. After thoroughly reviewing all potential options for listing in Canada, we believe that listing on NEO, a premium stock exchange, will best enhance our image and presence in the retail industry. Institutional investors and provide a platform for us to expand our shareholder base as we execute growth and value creation plans.”
About Jet Airways Canada
Canada Jetlines, a 100% equity-financed and well-capitalized low-cost travel and charter leisure airline, will use the growing Airbus 320 fleet to serve popular sunny destinations from the beginning of 2022, subject to the Canadian Transport Agency And the approval of Transport Canada.
For more information about Canada Jetlines, please visit www.jetlines.ca.
About Neo Exchange Inc.
Neo Exchange Inc. is the first-tier stock exchange of Canada’s innovative economy, bringing investors and fundraisers together in a fair, liquid, efficient and service-oriented environment. Since full operation in June 2015, NEO has put investors first and provided trading opportunities for all Canadian listed securities in a level playing field. NEO lists companies and investment products seeking internationally recognized stock exchanges to achieve investor trust, high-quality liquidity and broad awareness, including unrestricted access to market data.
For more information, please contact:
Eddie Doyle
Chief Executive Officer
Canadian Jet Operations Ltd
e-mail: Investor.relations@jetlines.ca
or
Jeff Walker, Vice President of Howard Group
e-mail: jeff@howardgroupinc.com
Phone: 403.221.0915
Toll Free: 1.888.221.0915
Note on forward-looking information
This press release contains “forward-looking information” regarding expected developments and events that may occur in the future. The forward-looking information contained in this press release includes, but is not limited to, the use of the proceeds from the sale, the company’s intention to fly as a low-cost airline, the destination of its scheduled flight, and the completion of the CTA approval process to start Jetlines’ destination and business A scheduled timetable for the provision of services.
In some cases, forward-looking information can be obtained through the use of “plans”, “expects”, “budgets”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “certain actions, Event or result “may”, “may”, “will”, “may” or “will be taken”, “occur” or “achieve” such words or phrases or variations of statements implying future results, or other expectations , Beliefs, plans, goals, assumptions, intentions, or statements about future events or performance. The forward-looking information contained in this press release is based on certain factors and assumptions, including those related to the start of airline financing operations, Jetlines’ business model Accuracy, reliability and success of the aircraft; timely receipt of government approval; Jetlines reached a final agreement on the start of airline operations for the aircraft; Jetlines’s timely start of operations and the success of such operations; the independence and independence of the jurisdiction in which Jetlines conducts business or operates The regulatory environment; the impact of competition and the competitive response to Jetlines’ business strategy; and the availability of aircraft. Although the company considers these assumptions to be reasonable based on currently available information, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. These factors include related risks, the ability to obtain financing on acceptable terms, the impact of general economic conditions, domestic and international aviation industry conditions, the company’s failure to reach an agreement to acquire the aircraft, and the impact of global uncertainty caused by COVID-19. Future relationship with shareholders, fluctuations in fuel prices, increased operating costs, terrorism, epidemics, natural disasters, currency fluctuations, interest rates, aviation industry-specific risks, management’s ability to implement Jetlines operations strategies, attracting qualified managers and Employee’s capabilities, labor disputes, regulatory risks, including risks related to obtaining necessary licenses and permits from Transport Canada, Transport Canada and other regulatory agencies, and “risk factors for reports and documents submitted by the company to the applicable Cana” “Part of the Yunnan Securities Regulatory Agency. Although the company has tried to identify important factors that may cause actual results to differ materially from the results described in the forward-looking information, there may be other factors that cause the results to be inconsistent with expectations, estimates or expectations. Therefore, readers Do not rely excessively on forward-looking information. Forward-looking information was produced on the date of this press release. Except as required by applicable securities laws, the company does not undertake any obligation to publicly update any forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99100
Source: Press file
Version number: 43106
Source of the original text >> Canada Jetlines announces listing on the Canadian NEO Exchange
There is no offer to sell, no invitation to buy, and no recommendation for any securities or any other products or services in this article. In addition, nothing in this PR should be construed as a recommendation to buy, sell or hold any investment or securities, or participate in any investment strategy or transaction. You are responsible for determining whether any investment, investment strategy, securities or related transactions are suitable for you based on your investment objectives, financial situation and risk tolerance. Regarding your specific business, legal or tax situation, please consult your business adviser, lawyer or tax adviser.
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