VANCOUVER, April 12, 2018 /CNW/ - Good Life Networks Inc. ("GLN", or the "Company"), (TSX-V:GOOD.V - News), a Vancouver-based programmatic advertising technology company, is pleased to announce its listing on the Frankfurt Stock Exchange under the trading symbol 4G5.
The Frankfurt Exchange ranks third globally in terms of volume of trading behind New York and NASDAQ and will provide GLN broader access to European and other international investors.
"Our mandate is to continue to build exceptional value for our shareholders. The Frankfurt Stock Exchange is another exciting component of our public market strategy and will make it easier for Europeans to invest in GLN. The Frankfurt Stock Exchange accounts for over 90% of the volume of all German stock exchanges and represents a large share of the European market," Stated CEO Jesse Dylan.
The Frankfurt Stock Exchange has more than 250 international trading institutions and more than 4,500 traders. Investors directly connected to the Frankfurt Stock Exchange represent 35% of the world's investment capital. A listing in Frankfurt will also provide a tax advantage to German investors.
The GLN Story
GLN harnesses the power of artificial intelligence and big data to improve marketing ROI for advertisers using its patent pending video advertising technology. By 2020, MAGNA, the research arm of media buying firm IPG Mediabrands, expects digital ads to make up 50 percent of all ad spending, expected to reach $237 billion this year. GLN recently closed a $9.2 million subscription financing prior to closing its qualifying transaction and trades on the TSX-V under the stock symbol GOOD and The Frankfurt Stock Exchange under the stock symbol 4G5.
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 release.
Forward Looking Statements:
Forward-looking statements relate to future events or future performance and reflect the expectations or believes regarding future events of management of GLN. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the date of trading of the GLN Shares on the Frankfurt Stock Exchange and final regulatory approvals. These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of GLN. GLN does not assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements, other than as required by applicable securities laws. Additional information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which are available at www.sedar.com.
SOURCE Good Life Networks Inc.
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