Digital Asset DirectRoberts & Ryan Investments, Inc.
Contact Details For Press Inquiries Please Contact Joe Pecoraro +1 917-658-8945 jpecoraro@roberts-ryan.com Company Website https://www.roberts-ryan.com
March 22, 2022 09:00 AM Eastern Daylight Time
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News ReleaseCooper Standard Holdings Inc.
General Motors recognized Cooper Standard (NYSE: CPS) as a 2021 Supplier of the Year. GM celebrated honorees at its 30 th annual Supplier of the Year awards ceremony in Phoenix, Arizona, last week. GM’s Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing GM customers with innovative technologies and among the highest quality in the automotive industry. This year, GM recognized 134 suppliers from 16 countries with the Supplier of the Year distinction. This is the fifth year in a row Cooper Standard has received the award. “It’s a great honor to again be recognized by General Motors for our innovation, delivery and quality achievements,” said Patrick Clark, senior vice president, chief manufacturing and commercial officer, Cooper Standard. “The Cooper Standard team continues to deliver industry-leading solutions and outstanding customer service to address customers’ current and future needs. This recognition is a testament to all our employees who worked tirelessly to fulfill our mission to Be the First Choice of the Stakeholders We Serve.” “This year’s Supplier of the Year event was special not only because it’s the 30th anniversary of the program, but because it provided us with the opportunity to recognize our suppliers for persevering through one of the most challenging years the industry has ever faced,” said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain. “These top suppliers showed resilience and reinforced their commitment to pursuing sustainability and innovation. Through our strong relationships and collaboration, GM and our suppliers are poised to build a brighter future for generations to come.” A global cross functional team selected the 2021 Supplier of the Year winners based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales and Logistics. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. General Motors General Motors is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com. # # # CPS_G Contact Details Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website http://www.cooperstandard.com/
March 22, 2022 08:30 AM Eastern Daylight Time
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News ReleaseCooper Standard Holdings Inc.
Cooper-Standard Holdings Inc. (NYSE: CPS) Chairman and CEO Jeffrey Edwards will participate in a fireside chat during the Sidoti & Company LLC Small Cap Virtual Conference on Thursday, March 24. Edwards will discuss the Company's business and strategies at 1:45 p.m. ET. A link to the live webcast will be available on Cooper Standard's Investor Relations website at: https://www.ir.cooperstandard.com/investor-relations. For additional information about the Sidoti & Company LLC Small Cap Virtual Conference, please visit: https://www.sidoti.com/events/spring-virtual-smallcap-investor-conference. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. # # # CPS_G Contact Details Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website http://www.cooperstandard.com/
March 22, 2022 08:30 AM Eastern Daylight Time
News ReleaseVingroup
HANOI, VIETNAM - Media OutReach - 16 March 2022 - The 'Go Boundless' Contest, held by VinFast and Nas Academy, received over 5,000 applications from around the world after only three weeks. This far exceeds expectations, affirming the strong interests of young talents in the green and environmentally friendly transportation trend. The 'Go Boundless' video contest officially began on February 17, 2022. As of March 9, 2022, VinFast and Nas Academy received an astounding 5,139 applications from 156 countries. The US, Vietnam, India, Pakistan, the Philippines, and Nigeria account for approximately 50% of the applicants. Of the 5,000+ applications, hundreds of videos have already been submitted with unique ideas showcasing an appreciation for the sustainable electric mobility trend that VinFast is accelerating globally. VinFast and Nas Academy are hopeful in the bold inspiration for society's creativity and progress towards adopting cleaner renewable sources of energy and applying environmentally friendly mobility solutions. In addition to receiving an all-expense-paid trip to Vietnam to compete for the Grand Prize, the top ten candidates from the first round will also receive a $2,000 cash prize. The final winner of the 'Go Boundless' challenge will receive a $30,000 cash Grand Prize. About the contest, Mr. Nuseir Yassin, CEO and Founder of Nas Academy, shared: "We are extremely excited with the huge interest coming from our young talents. Going boundless together, we, the future content creators, will inspire and make a significant impact on the green revolution." Ms. Le Thi Thu Thuy, Vingroup Vice Chairwoman and VinFast Global CEO, stated: "The great resonance coming from across the globe to the contest give VinFast motivation to continue its mission of driving the movement of the global electrified mobility revolution. We are so grateful to welcome thousands of wonderful talents on this journey towards a greener, safer, and more efficient tomorrow for all." Creating the video is undoubtedly an exciting challenge as it requires creativity, storytelling, and an understanding of the importance of sustainable mobility. Valid entries must be 1-3 minutes in length and attempt to inspire audiences to switch from gasoline-powered cars to electric vehicles with at least one compelling reason. Entries also must satisfy stringent audio, lighting, and language (English) requirements. Deeply motivated by this resonance, VinFast and Nas Academy have decided to carry this momentum until March 25, 2022, to welcome more talents to the contest. Candidates can register for the contest and learn more on the website: https://nasacademy.com/vinfast 'GO BOUNDLESS' VIDEO CONTEST The 'Go Boundless' video contest has two rounds. In the first round, candidates create and publish 1-3-minute-long videos to inspire audiences to switch from gasoline-powered cars to electric vehicles. Applicants who submitted the top ten entries will be invited on a fully paid trip to Vietnam to create one more video to compete for the Grand Prize. About the prize scheme, creators of the first 1,000 qualified videos will be awarded a USD $100 each cash prize and a $200 reservation payment for a VF 8 or VF 9. Each e-voucher has a payment value of $3,000 towards a VF 8 or $5,000 towards a VF 9 and other exclusive benefits for VinFirst's members. After the first round, the top ten candidates from the first round will also receive a $2,000 cash prize and an all-expense-paid trip to Vietnam to compete for the Grand Prize. The final winner of the Go Boundless challenge will receive a $30,000 cash Grand Prize. As part of the contest, two seminars about brand inspiration delivered by VinFast experts and three Q&A sessions for consultation with Nas Academy experts will also be organized. About VinFast VinFast - a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com. #VinFast About Vingroup Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion USD from three publicly traded companies (as of November 4, 2021). Vingroup currently focuses on three main areas: Technology and Industry, Services and Social Enterprise. Find out more at: https://www.vingroup.net/en. #Vingroup About Nas Academy Nas Academy is the world's first creator school for the skills of the future. Headquartered in Singapore, Nas Academy raised $11 million Series A led by Lightspeed Venture Partners to help creators build their own academies through cohort-based learning experiences. Motivated by the mission to empower content creators on the internet, Nas Academy has worked with over 100 creators to productize their knowledge, making education accessible to over 200,000 students across 160 countries.Nas Academy has partnered with some of the world's leading companies to train, upskill, and tap into the creator economy for sustainable brand advocacy on social media – through corporate workshops, fellowships and other training programs. Contact Details Vingroup v.nammh@vingroup.net Company Website https://www.vingroup.net/en
March 16, 2022 09:30 AM Eastern Daylight Time
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News ReleaseEnvision AESC
TOKYO, JAPAN - Media OutReach - 16 March 2022 - Envision AESC, world-leading battery producer, announces a new partnership with Mercedes-Benz as the luxury automotive brand gets ready to go all electric. Under the new agreement, Envision AESC will supply high-performance battery cell modules to support end to end production of all-electric Mercedes-EQ vehicles in Alabama. Envision AESC’s new state-of-the-art battery facility will be powered by net zero carbon energy and offer world-leading digital automation when operational in 2025. Lei Zhang, Executive Chairman, Envision AESC, said: “We are pleased to partner with Mercedes-Benz to provide high-performance battery cell modules for its new Mercedes-EQ vehicles produced in the US. This marks a significant step forward in our company’s mission to be a leading technology partner to support the global transition to carbon neutral transportation. Our planned investment in a new Gigafactory will form part of an ecosystem in the region, aimed at growing the local supply chain and developing the whole life cycle opportunities of batteries. Our ambition is to develop advanced technology, future innovations and integrated net zero solutions.” The new Envision AESC Gigafactory in the US follows confirmation in 2021 of plans to build Gigafactory’s in France, Japan and the UK. Envision aims to have 300GWh+ capacity by 2030, powered by net-zero energy. About Envision AESC: Envision AESC is a world-leading battery technology company committed to research, development, design, manufacturing and sales of power batteries and energy storage batteries. Envision AESC has 2,500 employees and production plants in Japan, the US, the UK, China and France. For the past 11 years, Envision AESC has produced power batteries for more than 600,000 electric vehicles in 44 countries, achieving a record of ‘zero critical battery malfunction’. In June 2021, Envision AESC was again named ‘Global Tier 1 Battery Companies’ by Benchmark, a leading UK-based lithium-ion battery supply chain research organization. The company invests heavily in next-generation technology to drive innovation and collaborates with its strategic partners to deliver excellent products with high performance, high safety credentials and high efficiency. Its teams work to continuously improve the company’s global leadership in product development, quality and sustainable processes. Find out more at https://www.envision-aesc.com/en/ #EnvisionAESC Contact Details Lauren Flanagan, Senior Director Communications +44 7379 340101 lauren.flanagan@envision-energy.com
March 16, 2022 12:37 AM Eastern Daylight Time
News ReleaseCooper Standard Holdings Inc.
Cooper Standard (NYSE: CPS) is pleased to announce that it has once again been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies. This is the third time Cooper Standard has been recognized since 2020 and is one of only six honorees in the automotive industry. In 2022, 136 honorees were recognized spanning 22 countries and 45 industries. “At Cooper Standard, our culture, employees and adherence to our core values have earned us a reputation for honest, ethical and responsible business practices,” said Jeffrey Edwards, chairman and CEO, Cooper Standard. “Being recognized by Ethisphere with this prestigious honor for a third time is a testament to our continued commitment to upholding our core value of ‘Integrity Always’ throughout the Company.” “Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO, Timothy Erblich. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to Cooper Standard for earning the World’s Most Ethical Companies designation.” Methodology & Scoring Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe. Honorees The full list of the 2022 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. About Ethisphere Ethisphere ® is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). More information about Ethisphere can be found at: https://ethisphere.com. ### CPS_G Contact Details Cooper Standard Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Ethisphere Anne Walker Anne.Walker@Ethisphere.com Company Website http://www.cooperstandard.com/
March 15, 2022 08:30 AM Eastern Daylight Time
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News ReleaseIndustrial Defender
Industrial Defender, the leader in OT cybersecurity, today announced its expansion into Europe to meet increasing demands for industrial security in the region. Their new office, located in the Netherlands, will service a variety of critical industries across the entire EMEA region, including utilities, oil & gas, manufacturing, rail, maritime and water companies. “The desire for OT cybersecurity solutions in Europe has grown tremendously over the past few years, and we’re committed to providing a local team on the ground to meet this increasing demand,” said Dario Lobozzo, Managing Director EMEA. “This expansion ensures that our growing customer base in the region has access to the resources they need to run a successful ICS cybersecurity program.” As part of its effort to help European companies reach their highest level of cyber resilience possible during this time of escalating cyberthreats, Industrial Defender is offering critical infrastructure companies in region a complimentary OT cybersecurity strategy review through the end of March. The company is also actively hiring additional cybersecurity professionals in Europe. Interested candidates can explore open positions here: https://www.industrialdefender.com/careers/ To learn more about Industrial Defender’s European presence or to request a complimentary OT cybersecurity strategy review, reach out at https://www.industrialdefender.com/speak-with-an-ot-security-architect/. About Industrial Defender Since 2006, Industrial Defender has been solving the challenge of safely collecting, monitoring, and managing OT asset data at scale, while providing cross-functional teams with a unified view of security. Their specialized solution is tailored to complex industrial control system environments by engineers with decades of hands-on OT experience. Easy integrations into the broader security and enterprise ecosystem empower IT teams with the same visibility, access, and situational awareness that they’re accustomed to on corporate networks. Learn more at www.industrialdefender.com. Contact Details Industrial Defender Erin Anderson +1 617-675-4206 eanderson@industrialdefender.com Company Website https://www.industrialdefender.com
March 08, 2022 09:00 AM Eastern Standard Time
News ReleaseCargoX
CargoX, the global blockchain company leading the world on the digital transfer of trade documents, has announced a long-term extension to its disruptive agreement with the Egyptian government to accelerate the digital transformation of Egypt's trade flows with the world. The public-private partnership Misr Technology Services (MTS) - 80% owned by the Egyptian government - authorized CargoX as its blockchain document transfer gateway service provider for the country’s official NAFEZA single-window trade platform in March last year. Designed to bring trust and transparency to a digital trade environment, systemize Egyptian trade documents and information flow with companies around the world, the NAFEZA solution integrates the CargoX platform for Blockchain Document Transfer (BDT). Usage of the system became mandatory in Egyptian ports on October 1 last year. Since its implementation, the project has surpassed all expectations with CargoX’s blockchain solution already used to seamlessly and safely transfer more than 1,100,000 actual trade and finance documents for more than 75,000 customers. NAFEZA’s triumph has made CargoX the fastest-growing blockchain platform in the logistics industry. It represents one of the most compelling cases for the adoption of the blockchain as a critical tool for streamlining global trade and commerce. Underpinning CargoX’s remarkable success story is some game-changing time and cost-savings for the Egyptian government, importers, and foreign exporters doing business in Egypt. Benefits resulting for users from the adoption of blockchain technology include increased transparency, the elimination of red tape, and a reduction in the average cargo release time from 29 days to 9 days with a notable reduction in container demurrage and storage fees. Compliance costs for shippers have also been slashed from more than USD$600 to USD$165, or less as a consequence of the move onto the blockchain. As part of the extended agreement, the NAFEZA project will now be rolled out to include air cargo and encompass a total number of 30 sites including airports, seaports, dry ports, border posts, free zones, and bonded warehouses. NAFEZA has so far been adopted by more than 32,000 importers, 20,000 exporters, 2,200 brokers, 300 shipping agencies & freight forwarders, as well as more than 74,000 foreign exporters. The system currently handles 12,000 transactions a day. “The use of the platform in the public sector is a revolutionary step for global maritime shipping - and our partners will be forever inscribed in the ledger of history,” said Stefan Kukman, Founder & CEO, CargoX. “We are constantly working on providing great value, confidentiality, transparency, and immutability to our customers and our partners - and we base that value on building digital trust in global trade.” Immediate benefits for the Egyptian government include integrating 26 government bodies associated with cargo clearance, establishing a reliable national data warehouse with high-quality data used to drive the decision-making process for the ministry of finance, trade & industry, transport, and cabinet as well as the digital transformation of 6 trade documents, and the elimination of 11 other documents reducing red tape in the country dramatically. “In pursuit of Egypt’s ambitious strategy for sustainable development and integration into the global economy, MTS succeeded in implementing the national single window for trade across borders to achieve the transformation from 19th Century manual & paper-intensive customs procedures to a modern, state-of-the-art, digital ecosystem and extending it to engage the trade community abroad by partnering contractually with CargoX to leverage their leading-edge technology and advanced solutions,” said MTS CEO and chairman, Captain Ossama al Sharif. As an early adopter of the technology, Egypt has catapulted itself to the forefront of the changes taking place in the digitalization of global trade, said CargoX Chief Business Development Officer, Vjeran Ortynski. “Governments and companies with a strong digitalization agenda are showing the way for all the rest to follow, while gaining a strategic advantage in the global markets. We listen to our strategic business partners and develop features on the platform that are adapted to the needs of the global trade - with specifics that can be tailored to specific needs of our partners and always provide ease of use, value, and savings in time and cost for our global user base,” said Ortynski. About CargoX CargoX Ltd is a global company specializing in document transfer solutions, based on blockchain transactions and an ownership validation platform. The core team of founders brings together more than 100 years of experience in the logistics, banking, programming, IT and blockchain industries. Users of CargoX's BDT platform can upload or create electronic trade documents and then transact ownership of them like money through a global bank, at any time, with the following benefits: For more information: ( https://cargox.io/ ) Contact Details CHARLIE PESTI —The world’s best publicist for supply chain technologies. Charlie Pesti +1 267-439-4355 charlie@pesti.io Company Website https://cargox.io/
March 07, 2022 12:20 AM Central Standard Time
News ReleaseVolatus Aerospace Corp.
(TSXV:VOL) (OTCQB:VLTTF) - Volatus Aerospace announced the signing of a definitive agreement on March 3 rd, 2022, to make a strategic investment in Delta Drone SA, a company based in Lyon, France, listed on the Euronext Growth Paris stock exchange. The maximum investment value will be C$807,679 (€576,913), representing a 20% equity position in Delta Drone SA, with an option to increase the shareholding to 45% within 30 days from the Closing date with an additional investment amount not exceeding C$1,009,599 (€721,142). The total investment will not exceed C$1.85M (€1.30M), and Volatus plans to fund this through its existing cash reserves. Delta Drone is a fast-growing drone and robotics company with operations in France, Belgium, Australia, South Africa and Ghana and unaudited annual sales in 2021 of approximately C$23 million (€16 million). Founded in 2011, business activities include the design, manufacture and sale of specialized drone and robotics equipment, the dronification of industrial and event security services, training and commercial drone services with particular expertise in mining and agriculture. The agreement provides that Glen Lynch, CEO of Volatus Aerospace, will become Executive Chairman of Delta Drone. Christian Viguié, currently President & CEO of Delta Drone, will assist Glen, and continue to play a role in the management of the alliance. Under the terms of the agreement, Volatus will support Delta Drone in executing an aggressive business development strategy to better leverage the company's key technologies and capabilities. The following initiatives have already been defined: Evolve from a technology-focused organization to a sales-focused organization Pursue a cost rationalization program to improve efficiencies Suspend all further use of the current Ornan dilutive financing program Build joint sales teams with Volatus to accelerate growth in Europe and expand Delta Drone offers in North America Pursue development in Africa and the southern hemisphere (Australia and South Africa) Create a new relationship of trust with all shareholders "The leveraging of Delta Drone's operations in Europe, Australia and Africa with Volatus Aerospace's operations in Canada, the United States and Latin America will create technical and commercial opportunities across five continents," said Glen Lynch, CEO of Volatus Aerospace. "This investment provides joint access to technologies and expertise that broadens the product and service portfolios of both Delta Drone and Volatus Aerospace and creates a synergistic approach to serving the key interests of customers worldwide." "Delta Drone, Delta Drone International and Volatus Aerospace are highly complementary, and this investment moves us towards creating a truly global player, capable of meeting the needs of a large account clientele around the world," said Christian Viguié, President & CEO of Delta Drone. "With technological solutions and associated services ready to be deployed, we will be able to focus on deeper commercialization and accelerating our growth." The transaction will result in the issuance of 824,162,071 Delta Drone treasury shares that, once issued, will represent 20% of total outstanding shares. The shares issued will be subject to any stock adjustments carried out by Delta Drone before Closing. Consideration will be in the form of cash with the per-share subscription price determined by the Parties, based on the volume-weighted average daily price of Delta Drone’s shares over ten (10) trading days before the Closing Date less a 35% discount, or €0.0007 whichever is lower. The investment amount to acquire 20% will not exceed C$807,679 (€576,913). The Closing for the transaction is scheduled for March 31 st, 2022. In addition to the purchase of the shares noted above, Volatus will be issued optional warrants allowing Volatus to increase its equity position in Delta Drone to 45% of the outstanding shares. The subscription price for the shares if Warrants are exercised at Volatus’ sole discretion will be €0.0007 or the volume-weighted average daily price of Delta Drone’s shares over a period of ten (10) trading days prior to the Closing Date less a 35% discount, whichever is lower. The increased investment not exceeding C$1,009,599 (€721,142), can be done before April 30 th, 2022. Volatus is also being issued with anti-dilutive warrants that will be triggered and exercised when shareholding of Volatus falls below the 45% threshold. Anti-dilutive warrants are priced in a similar way as optional warrants. This transaction is expected to close on March 31 st, 2022, or such other date as may be agreed upon, subject to due diligence, mutually agreed business plan, execution of employment contracts for the leadership team of Delta Drone, any applicable waivers, and any applicable regulatory approval by the TSX-V, AMF and foreign investor approval by the French Ministry of Economy. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL About Delta Drone: Delta Drone Group is a recognized international player in the civil drone industry for professional use. It develops a range of professional solutions based on drone technology as well as all associated services that form a complete value chain. Delta Drone shares are listed on the Euronext Growth Paris market - ISIN code: FR0011522168Also listed on Euronext Growth of BSA Y – ISIN code: FR 0013400991 www.deltadrone.com Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com
March 03, 2022 05:47 PM Eastern Standard Time
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