Toronto, ON – RIWI Corp. (CSE: RIW) (OTC: RWCRF) (the “Company” or “RIWI”), a global trend-tracking and prediction technology firm, is pleased to announce that it has received final approval from the TSX Venture Exchange (“TSXV”) to list the Company’s common shares (the “Common Shares”) on the TSXV. The Common Shares are expected to begin trading on the TSXV at the open of markets on July 27, 2020 under the ticker symbol “RIWI”.
“RIWI stands for real-time interactive worldwide intelligence,” said Neil Seeman, RIWI’s Chief Executive Officer. “We are happy that the TSXV listing will expand our investor base and increase our global visibility in the capital markets. RIWI is a purpose-driven and profit-driven data firm. We are focused on selling proprietary data solutions for a diverse array of businesses, multilaterals and government agencies seeking to improve public engagement, market share or earnings,” he said.
Mr. Seeman added, “RIWI’s early milestones were to solve two challenges that data experts previously thought were impossible: first, gathering reliable opinion data from monitored or conflict societies, such as China, Ethiopia and Iran, and, second, reaching the broadest possible audience online to extract continuous sentiment data which can be predictive of significant events, like official jobs data, elections, and abrupt changes in consumer or investor sentiment. We now do this work in all countries without collecting personal data. Today, for a growing roster of amazing recurring revenue clients such as BofA Securities, the United Nations World Food Programme, the World Bank, a G7 Central Bank, Viacom MTV, and the US Department of State, we break through the noise to find the truth and collect high-frequency unique data streams for fact-based decision making.”
RIWI has been designated as a “Tier 1 Technology Issuer”. Tier 1 is the TSXV’s premier tier and is reserved for the TSXV’s most advanced companies with the most significant financial resources. The Company’s common shares will be delisted from the Canadian Securities Exchange. RIWI’s shareholders are not required to take any action with respect to their shareholdings in connection with the Company’s listing on the TSXV. RIWI’s CUSIP 749601100 and ISIN CA7496011007 will remain the same.
About RIWI
RIWI is a global trend-tracking and prediction technology firm. On a monthly or annual subscription basis, RIWI offers its clients tracking surveys, continuous risk monitoring, predictive analytics and ad effectiveness tests in all countries – without collecting any personally identifiable data. https://riwi.com.
RIWI CORP.
Signed: “Neil Seeman”
Neil Seeman, Chief Executive Officer
For more information, please contact:
Daniel Im, Chief Financial Officer
danielim@riwi.com | +1-416-205-9984 ext. 2
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION:
Information and statements contained in this news release that are not historical facts are “forward-looking information” within the meaning of Canadian securities legislation that involves risks and uncertainties. Forward-looking information included herein is made as of the date of this news release and RIWI does not intend, and does not assume any obligation, to update forward-looking information unless required by applicable securities laws. Forward-looking information relates to future events or future performance and reflects management of the Company’s expectations or beliefs regarding future events. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.
