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Victory Square Technologies Inc. (VST.CN)

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0.7200+0.0500 (+7.46%)
At close: 3:59PM EDT
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Previous Close0.6700
Open0.0000
Bid0.7000 x 0
Ask0.7200 x 0
Day's Range0.0000 - 0.0000
52 Week Range
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Avg. Volume1,740,277
Market Cap54.562M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
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  • GlobeNewswire

    Victory Square Technologies Portfolio Company receives an order of Safetest Covid-19 Testing Kits from North America’s TM Safety Supplies Company

    * Victory Square Health Receives an order of 2,000,000 units of Safetest Covid-19 Testing Kits subject to Health Canada approval * Victory Square Health to be exclusive supplier of its proprietary Safetest products to TM Safety Supplies of Canada * This order and potential subsequent orders is subject to Health Canada approval * TM Safety Supplies is a North American supplier of health and safety equipment including PPE protection to some of North America’s largest manufacturers. Based in Toronto, Ontario, TM Safety Supplies clients include Nestle, CIBC Bank, and Sysco to name a fewVANCOUVER, British Columbia, Sept. 27, 2020 (GLOBE NEWSWIRE) -- Victory Square Health Inc. (“VS Health” or the "Company") – a portfolio company of Victory Square Technologies Inc. ("Victory Square'') (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that it has entered into a Canadian sales and distribution contract with TM Safety supplies of Canada on September 24, 2020. The order of 2,000,000 Safetest Covid-19 tests has been placed for sale and use in Canada subject to Health Canada approval.This contract can help pave the way for additional sales of the Safetest products and other tests and services offered by Victory Square Health throughout Canada. TM Safety Supplies is a North American supplier of health and safety equipment including PPE protection to some of North America’s largest manufacturers. Based in Toronto, Ontario, TM Safety Supplies clients include Sysco, Nestle, and CIBC Bank, to name a few. (VS Health currently has not entered into a contract or has a direct relationship with Sysco, Nestle, and CIBC Bank.)“This Canadian sales and distribution contract with TM Safety Supplies can pave the road for Victory Square Health to rapidly increase sales and distribution of its testing products in Canada,” said Victory Square Health CEO Felipe Peixoto.TM Safety Supplies provides an array of safety products including sanitization products, gowns, PPE face masks, certified wipes, medical supplies, retail protective equipment including stand alone sanitization stations and much more. TM Safety Products are available for sale across Canada and the United States. www.tmsafetysupplies.comTom Greenberg, TM Safety Supplies CEO said, “TM Safety Supplies is proud to be working with this solid Canadian Company in our joint effort to have millions of Canadian employees be safely and accurately tested for Covid-19 by Victory Square Health’s proprietary testing products after receiving Health Canada Approval” Greenberg continued, “We have met with the VS Health team and believe there are great synergies between our two companies and this initial order will be the start of a long and fruitful relationship between TM Safety Supplies and Victory Square Health.”VS Health was founded in 2016 to accelerate the development of personalized medicine and technology solutions including diagnostic tests to support patient’s care and improve health outcomes. Its first product, the Leishmaniasis Rapid Test, was developed in partnership with the UFMG, Federal University of Minas Gerais. Safetest took advantage of its expertise in the subject to develop other antibody-based tests and a robust R&D pipelines of diagnostic kits for Hansen’s Disease, Brucellosis, HTLV and Blood samples screening tests.Disclaimer:The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time.Check out VictorySquare.com and sign up to VST's official newsletter at www.VictorySquare.com/newsletter.On behalf of the board,Shafin Diamond Tejani Chief Executive Officer Victory Square TechnologiesFor further information about the Company, please contact:Investor Relations Contact – Alex TziliosEmail: alexandros@victorysquare.comTelephone: 778-867-0482Media Relations Contact – Howard Blank, DirectorEmail: howard@victorysquare.comTelephone: 604-928-6066ABOUT VICTORY SQUARE TECHNOLOGIES INC.Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.VST's sweet spot is the cutting-edge tech that's shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.What we do differently for startupsVST isn't just another investor. With real skin in the game, we're committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you'll scale and be ready to monetize.What we do differently for investorsVST is a publicly traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).For investors, we offer early-stage access to the next unicorns before they're unicorns.Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we're able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.Forward Looking StatementThis news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, including Victory Square Health Inc., and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

  • GlobeNewswire

    Victory Square Technologies Portfolio Company Acquires Brazilian Manufacturing & Laboratory Facility to Increase Production of its Covid-19 Testing Products by an additional 4,000,000 Units in Brazil

    * Allows for further research and production of up to 4,000,000 additional testing units per month for Safetest following ANVISA (Brazilian Health Authority) approvals that apply to the laboratory and production facility only * The Company has already received ANVISA approvals for the sale and distribution of its proprietary Safetest ELISA Covid-19 test * This will increase laboratory testing and production of Safetest products in South America and globally VANCOUVER, British Columbia, Sept. 25, 2020 (GLOBE NEWSWIRE) -- Victory Square Health Inc. (“VS Health” or the “Company”) – a portfolio company of Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) – has entered into an agreement on September 24, 2020 to acquire a certified laboratory and production facility in Minas Gerais, Brazil. This acquisition will increase laboratory testing and production of an additional 4,000,000 testing units per month for Safetest following ANVISA (Brazilian Health Authority) approvals that apply to the laboratory and production facility. The Company has already received approval from ANVISA to sell and distribute its ELISA Covid-19 tests as stated in the prior news release dated September 8, 2020.This new facility that has been formally used and certified for and by “Bioaptus”, Brazil will allow the Company to speed up research and add 4,000,000 units per month to its current Brazilian production volume with adding additional equipment upgrades of roughly ($300,000 USD) by year end. This acquisition will enable the Company to reduce its manufacturing and production costs by 60%. The Company is in the process of purchasing additional testing and manufacturing equipment for speedier manufacturing approvals from ANVISA authorities in Brazil so that it may increase production in that country by an additional 80% with monthly production totaling 9,000,000 units by year end including the 5,000,000 units that was announced on September 02, 2020.“This laboratory and manufacturing facility will ease our pain points by enabling our scientists and manufacturing teams to have an additional home base for the testing, manufacturing and distribution of our products including Leishmaniasis, Hansen’s Disease, Chagas, Cancer and other proprietary tests that are currently in production and in our pipeline for all of South America and beyond,” said Victory Square Health CEO Felipe Peixoto.VS Health was founded in 2016 to accelerate the development of personalized medicine and technology solutions including diagnostic tests to support patient’s care and improve health outcomes. Its first product, the Leishmaniasis Rapid Test, was developed in partnership with the UFMG, Federal University of Minas Gerais. Safetest took advantage of its expertise in the subject to develop other antibody-based tests and a robust R&D pipelines of diagnostic kits for Hansen’s Disease, Brucellosis, HTLV and Blood samples screening tests.Disclaimer:The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time.Check out VictorySquare.com and sign up to VST’s official newsletter at www.VictorySquare.com/newsletter.On behalf of the board,Shafin Diamond Tejani Chief Executive Officer Victory Square TechnologiesFor further information about the Company, please contact:Investor Relations Contact – Alex TziliosEmail: alexandros@victorysquare.comTelephone: 778-867-0482Media Relations Contact – Howard Blank, DirectorEmail: howard@victorysquare.comTelephone: 604-928-6066ABOUT VICTORY SQUARE TECHNOLOGIES INC.Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.What we do differently for startupsVST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale and be ready to monetize.What we do differently for investorsVST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).For investors, we offer early-stage access to the next unicorns before they’re unicorns.Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we're able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.Forward Looking StatementThis news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, including Victory Square Health Inc., and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

  • GlobeNewswire

    Victory Square Health Announces Update to Previous News Release

    Victory Square Health Announces Order of 2 Million (2,000,000) UNITS for its Safetest Covid-19™ Test in Brazil.VANCOUVER, British Columbia, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Victory Square Health Inc. (“VS Health” or the "Company") – a portfolio company of Victory Square Technologies Inc. ("Victory Square") (CSE:VST) (OTC:VSQTF) (FWB:6F6) announces an update to its press release entitled “Victory Square Health Provides a Progress Update on its Covid-19 Test” issued September 21, 2020 (the “September 22 Press Release”).The Company received an order of 2 Million (2,000,000) UNITS of its Safetest Covid-19™ test in Brazil. This update does not change any other amounts or information reported in the September 21 Press Release.Safetest Covid-19™ test enables the user to verify whether one is currently infected, has been infected or has never been infected with Covid-19. The Company this past month has: * Company received an order of 2 Million (2,000,000) UNITS for its Safetest Covid-19™ test in Brazil. * VS Health received the CE designation from the EU competent authority of Belgium for Safetest Elisa antibody test for distribution, sale, and usage throughout the 27 countries in the European Union. * VS Health received Brazilian ANIVSA approval for Safetest ELISA antibody test for distribution, sale, and usage throughout Brazil and export to Mercosur Countries (Argentina, Paraguay, Uruguay and Venezuela). * VS Health received USDA permission to commence marketing, sales and distribution of Safetest Covid-19™ Antibody Elisa Test under EUA. * VS Health was the first company to be approved in the Ideiagov program supported by the São Paulo State Government for immediate trials and application in the State. * VS Health increased monthly production of Covid-19 Rapid Tests by an additional 5,000,000 Test Kits to meet increased demand. * Safetest Covid-19™ IgG /IgM has demonstrated to the U.S. FDA, Brazilian, and European Union authorities 93.3% sensitivity and 98.7% specificity. The Company continues to present its product for and receive new approvals from Health Authorities and Governments globally. Victory Square Health’s strategy is to receive ongoing global approvals from Governments followed by the Company’s implementation of immediate supply, manufacturing and distribution channels being set up with new partners in those approved jurisdictions/countries for rapid manufacturing, distribution and sales of its product.“The school session in Brazil commences in October and full compliance and Covid-19 testing is a top priority and thus demand for our accurate and safe testing product has required our Company to immediately seek additional manufacturing channels for Brazil alone,” said Safetest CEO Felipe Peixoto. Peixoto continued, “Key talks are underway with leading manufacturing partners particularly in North America, Europe, and India to ramp up capacity and increase supply channels to meet the increased demand in those regions and on our Company for our proven product.”The Company is currently engaging industries including but not limited to retail, hospitality, manufacturing, pharmaceutical, correctional facilities, casinos, sport, policing, first-responder, border services, education, transportation, military, government, and more. These industries and associations are important partners for the Company to align with for ongoing adoption, sales, and distribution channels.Victory Square Health was founded in 2016 to accelerate the development of personalized medicine and technology solutions including diagnostic tests to support patient’s care and improve health outcomes. Its first product, the Leishmaniasis Rapid Test, was developed in partnership with the UFMG, Federal University of Minas Gerais. Safetest capitalized upon its expertise in the subject to develop other antibody-based tests and a robust R&D pipelines of diagnostic kits for Hansen’s Disease, Brucellosis, HTLV and Blood samples screening tests.Disclaimer:The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time.Check out VictorySquare.com and sign up to VST's official newsletter at www.VictorySquare.com/newsletter.On behalf of the board,Shafin Diamond Tejani Chief Executive Officer Victory Square TechnologiesFor further information about the Company, please contact:Investor Relations Contact – Alex TziliosEmail: alexandros@victorysquare.comTelephone: 778-867-0482Media Relations Contact – Howard Blank, DirectorEmail: howard@victorysquare.comTelephone: 604-928-6066ABOUT VICTORY SQUARE TECHNOLOGIES INC.Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.VST's sweet spot is the cutting-edge tech that's shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.What we do differently for startupsVST isn't just another investor. With real skin in the game, we're committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you'll scale and be ready to monetize.What we do differently for investorsVST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).For investors, we offer early-stage access to the next unicorns before they're unicorns.Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we're able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.Forward Looking StatementThis news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, including Victory Square Health Inc., and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.