04:13:41 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Everyday People Financial Corp
Symbol EPF
Shares Issued 114,076,539
Close 2023-12-19 C$ 0.51
Market Cap C$ 58,179,035
Recent Sedar Documents

Everyday People Financial receives DTC eligibility

2023-12-20 10:11 ET - News Release

Mr. Gordon Reykdal reports

EVERYDAY PEOPLE ATTAINS DTC ELIGIBILITY, ENHANCING ACCESSIBILITY FOR U.S. AND INTERNATIONAL INVESTORS ON THE OTCQB, AND SEEKS TO EXTEND TERM OF WARRANTS

Everyday People Financial Corp. has obtained Depository Trust Company (DTC) eligibility, a significant milestone that will enhance accessibility and liquidity for U.S. and international investors trading its common shares on the OTCQB Venture Market. The company's common shares trade under the ticker symbol EPFCF on the OTCQB. The company will continue to trade on the TSX Venture Exchange under the ticker symbol EPF.

DTC eligibility streamlines the settlement process of securities transactions, allowing for faster and more efficient electronic transfers of shares. This achievement will contribute to a more seamless trading experience for investors and increase the overall efficiency of Everyday People's stock on the OTCQB market. The DTC is a subsidiary of the Depository Trust & Clearing Corp. (DTCC) and acts as a central securities depository, providing electronic clearance and settlement of trades in the U.S. equity markets. DTC eligibility is expected to broaden Everyday People's investor base, attract institutional investors and improve overall market liquidity.

"We are excited to announce that Everyday People has secured DTC eligibility, a crucial step in improving the accessibility and liquidity of our shares on the OTCQB," said Gordon Reykdal, executive chairman of Everyday People. "This development is in line with our commitment to creating value for our shareholders and providing a more efficient trading environment for our investors."

Everyday People is also pleased to announce that the company has submitted an application to the TSX-V for the approval to extend the expiry date of 2,342,000 share purchase warrants issued on Jan. 21, 2022, by one year. This pro-active measure is designed to grant its investors additional time and flexibility, aligning with Everyday People's commitment to long-term shareholder satisfaction. The company seeks to extend the warrants' expiry date from Jan. 21, 2024, to Jan. 21, 2025, while maintaining all other terms and conditions of the original warrants.

"We are pleased to announce our application to the TSX-V to extend the expiry date of our warrants, underscoring our dedication to shareholder interests," said Mr. Reykdal, executive chairman of Everyday People. "This decision reflects our commitment to providing our investors with the necessary time and flexibility to make informed decisions aligned with their investment strategies."

As the company continues to execute its strategic initiatives and grow its presence in the revenue cycle management and financial services sectors, the company remains dedicated to enhancing shareholder value and fostering transparency in its operations.

About Everyday People Financial Corp.

Everyday People is a revenue cycle management consolidator founded on the belief that everyone deserves a second chance to re-establish and build credit and have access to affordable credit options. The company is headquartered in Edmonton, Alta., Canada, with operations in Canada and the United Kingdom. Everyday People is changing the way revenue cycle management agencies work by enhancing its client services with affordable financial products and literacy programs. Utilizing its own specialized credit facilitation products, the company is helping debtors rebuild their financial health and generational wealth.

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