VANCOUVER , British Columbia, Feb. 27, 2019
VANCOUVER , British Columbia, Feb. 27, 2019 /PRNewswire/ -- ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (CSE: PKG) (CSE: PKG.CN) (FSE: PT0) (OTC: PTNYF) is pleased to welcome Brian Storseth as Chairman of the Board of Directors.
Mr. Storseth is a businessman and was a Member of Parliament (MP) for the electoral district of Westlock-St Paul for the Conservative Party of Canada for 9 years from 2006-2015. During his tenure as an MP he served on committees for Aboriginal Affairs, Agriculture and Agri-food Canada.
Brian currently serves as Chairman of Reliq Health Technologies' (TSXV:RHT) or (OTCQB:RQHTF) Board of directors and a managing partner of Maverick Capital Fund. In addition to his current business affairs, Brian has also taken an active role to give back to his community. He is the founder of the Westlock Women's Hope Resource Centre and currently is on the Board of Progress Mental Health. Brian studied political science at the University of Alberta while simultaneously working in Office of the Speaker of the legislative Assembly of Alberta.
President and CEO, Kelly Abbott states, "Brian is an incredibly accomplished business leader and policy expert, having spent 9 years in Ottawa in the House of Commons. He is intimately familiar with ParcelPal's business, our plans for future expansion and will be an invaluable asset moving forward as we navigate multiple opportunities across various Government entities, namely within the Ontario market. We are excited to leverage his network, experience and leadership to assist with our national expansion plans."
Brain Storseth stated, "I am thrilled to join ParcelPal's board as a Chairman. Having watched the progress of ParcelPal over the past year, I am very impressed with management as they begin their rollout across Canada. I am looking forward to providing guidance and value across the business in all verticals."
About ParcelPal Technology Inc.
ParcelPal is a technology-driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada-wide.
ParcelPal Website: www.parcelpal.com
The 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: PTNYF
Forward Looking Information
This 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.
Peter Hinam, Director