SOLO - NEWS OUT - Will long and Growth - YSS CALGARY, Alberta, May 02, 2019 (GLOBE NEWSWIRE) -- Solo Growth Corp.™ (the “Company” or “Solo Growth”) (TSXV: SOLO) (WKN:A2PBMC), acknowledges that it has come to the attention of the Company that Solo Liquor Holdings Limited has recently been petitioned into bankruptcy by its creditors. In response to inquiries from investors, the Company wishes to address any market confusion by confirming that there is no corporate, financial or operational relationship or affiliation between Solo Growth™ and Solo Liquor Holdings Limited or any of its principals. Solo Growth, a cannabis retailer operating as YSSTM, is fully independent with the vision to become a premier retailer and the trusted destination for cannabis in Canada.
To better align with the Company’s YSSTM retail brand and mitigate potential future confusion, the Company will ask its shareholders to approve a special resolution to change the Company’s name to YSS Corp. (the “Name Change”) at the Company’s upcoming Annual and Special Meeting of Shareholders (the “Meeting”), to be held on May 29, 2019 at 2:00pm MT. Assuming approval, the Company expects to also change its trading symbol on the TSX Venture Exchange to “YSS”. The Name Change and new trading symbol are subject to approval of the TSX Venture Exchange.
Additional Information
For additional information regarding Solo Growth please see the corporate website at www.sologrowth.ca and filings available under the Company’s profile on SEDAR at www.sedar.com.
About Solo Growth Corp.TM
Operating as YSSTM, the Company is a cannabis retailer with the vision to become a premier retailer and the trusted destination for cannabis in Canada. Since its launch in June of 2018, the Company has built a strategic portfolio of locations while managing financial commitments. The Company has a licensing agreement on one operating store in Red Deer, Alberta; has built and received AGLC inspections on six additional Alberta stores, and has another Alberta location nearing completion of construction. An additional 15 AGLC applications are being reviewed for construction priority within the current regulatory environment. YSSTM management brings excellence across capital markets, financial management and a strong commitment to deliver shareholder value by leveraging high-quality opportunities within this exciting new industry. The YSSTM retail experience is built on our five fundamental pillars: convenience, value, selection, team, and above all else, trust.
Investor or Media Contacts:
Theo Zunich
President, Chief Executive Officer
and Director
Phone: (403) 455-7656
Solo Growth Corp.™
Suite 1000, 350-7th Ave SW
Calgary, AB T2P 3N9
investor@sologrowth.ca
OR
Cindy Gray
5 Quarters Investor Relations, Inc.
(403) 231-4372 or info@5qir.com | Stephanie Bunch, CA
Vice President, Finance and
Chief Financial Officer
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