Vancouver, British Columbia--(Newsfile Corp. - December 27, 2024) - Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope Technologies" or the "Company") is pleased to announce that it has received its listing on Tradegate Exchange in Germany. This move enhances Scope's visibility and accessibility to European investors, providing an exciting opportunity to broaden its shareholder base.
About TradeGate Exchange
Tradegate AG operates as a market specialist on Europe's most liquid retail exchange, the Tradegate Exchange. As a market specialist and liquidity provider, Tradegate manages over 10,000 German and international stocks and exchange-traded products (ETPs). This ensures fast and direct execution of securities orders, making it an ideal platform for investors. With over 36 million trades executed in 2023, Tradegate is the leading liquidity guarantor on the broker side, showcasing steady growth since the turn of the millennium.
A listing on Tradegate Exchange provides several possible benefits, including:
Increased Visibility: Companies can gain access to a broader pool of European investors, enhancing their market presence.
Access to Capital: A broader investor base can lead to greater interest in future capital raises, facilitating growth and expansion initiatives.
Liquidity: Tradegate is known for its efficient trading platform, which can improve liquidity for listed stocks, making it easier for investors to buy and sell shares.
Diverse Investor Base: The exchange attracts both retail and institutional investors, which can help diversify the company's shareholder base.
Direct Execution: The exchange facilitates fast and direct execution of securities orders, benefiting both the company and its investors.
Enhanced Credibility: Being listed on a reputable exchange can bolster a company's credibility and attract more serious investors.
Regulatory Compliance: Listing on a regulated exchange ensures adherence to high standards of transparency and governance, which can increase investor confidence.
Overall, a listing on Tradegate Exchange can significantly support a company's growth strategy and shareholder engagement.
"This listing on Tradegate Exchange marks an important milestone for Scope Technologies as we continue to expand our presence in Europe," said James Young, CEO of Scope Technologies Corp. "It provides us with a unique opportunity to connect with a diverse and growing pool of investors, further solidifying our commitment to transparency, accessibility, and long-term growth."
About Scope Technologies Corp.
Headquartered in Vancouver, British Columbia, Scope Technologies Corp. is a pioneering technology company specializing in quantum security and machine learning. Through its primary brand, QSE Group, Scope provides next-generation solutions in data security, quantum encryption, and decentralized storage, empowering businesses with secure, scalable technologies that drive growth and operational efficiency.
This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's prospectus dated August 10, 2022, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. For more information on the risks, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the risk factors set out in the Company's prospectus dated August 10, 2022, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.
The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
