ParcelPal Announces the Expansion of the Company into the Ontario Market starting with Toronto
VANCOUVER, British Columbia, June 04, 2020 (GLOBE NEWSWIRE) — ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (PKG:CSE) (FSE:PT0) (OTC:PTNYF) is pleased to announce its expansion in Ontario, with Toronto being the first city. The Company is going live in Toronto in two weeks with its courier services, and its on demand marketplace to shortly follow. This is a major milestone for the Company and we are excited to serve this province.
ParcelPal will be providing same day and next day delivery services for numerous customers in the region, with other cities to come. CEO Rich Wheeless stated, “Since the day I started with ParcelPal, it has been my mission to make sure we were able to provide our services to this region. With this expansion, we are addressing and meeting the growing demand for our services. I am very proud of the entire ParcelPal team with the speed and thoroughness of the recently undertaken expansion, as we continue to see growth in all aspects of the business and look forward to its continuance.”The Company remains focused on engaging additional clients in Toronto and other major cities and provinces, which it continues to work on, and as other opportunities present themselves.About ParcelPal Technology Inc.ParcelPal is a leader in the growing technology and logistics industry. ParcelPal seamlessly connects consumers to businesses, where they have access to the goods they love, anytime, anywhere. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour or the same day. The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver, Calgary, Saskatoon and soon in major cities Canada-wide.ParcelPal Website: www.parcelpal.comThe Canadian Securities Exchange (“CSE”) or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.CSE – Symbol: PKG
FSE – Symbol: PT0
OTC – Symbol: PTNYFre: Investor Inquiries -firstname.lastname@example.orgForward Looking InformationThis news release contains forward looking statements relating to the Proposed Transaction, and the future potential of ParcelPal. Forward looking statements are often identified by terms such as “will”, “may”, “should”, “intends”, “anticipates”, “expects”, “plans” and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. There can be no assurance that any forward looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to place undue reliance on any forward looking information. 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. The forward looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.