CALGARY, AB, March 30, 2021 /CNW/ - Sylogist Ltd.
(TSXV: SYZ) ("Sylogist" or the "Company"), is pleased
to announce that it has received final approval to list its common
shares on the Toronto Stock Exchange (the "TSX"). Effective at the
market opening on Wednesday, March
31st, 2021 the Company's common shares will
commence trading on the TSX under its existing symbol, "SYZ", and
will be concurrently delisted from the TSX Venture Exchange.
Shareholders of Sylogist are not required to take any action in
connection with its TSX listing, as there will be no change in the
common shares' trading symbol or CUSIP.
Sylogist's President and CEO, Bill
Wood, stated: "this is an important milestone for Sylogist.
Joining the TSX raises our profile among retail and institutional
investors, and provides a platform from which to expand our
shareholder base as we execute our growth and value creation
plans."
About Sylogist
Sylogist is a software company that, through strategic
acquisitions, investments and operations management, provides
comprehensive, mission-critical ERP and CRM solutions, including
fund accounting, case management, school administration, grant
management and payroll, to public service
organizations. Sylogist's customers include all levels of
government, nonprofit organizations, non-governmental organizations
and K-12 educational institutions, as well as public compliance
driven and funded companies. The Company delivers highly scalable,
multi-language, multi-currency SaaS solutions, which serve the
needs of an international clientele.
Full financial statements together with Management's Discussion
and Analysis are available on SEDAR at www.sedar.com
The Company's stock is traded on the TSX Venture Exchange under
the symbol SYZ. Information about Sylogist can be found
at www.sylogist.com.
Forward-looking Statements
Certain statements in this news release may be
forward-looking statements within the meaning of applicable
securities laws and regulations. These statements typically
use words such as expect, believe, estimate, project, anticipate,
plan, may, should, could and would, or the negative of these terms,
variations thereof or similar terminology. Forward-looking
information in this news release includes statements with respect
to the timing of the listing of the Company's common shares on the
TSX and the effect of the TSX listing on Sylogist's profile among
investors as it executes its growth and value creation plans. By
their very nature, forward-looking statements are based on
assumptions and involve inherent risks and uncertainties, both
general and specific in nature. It is therefore possible that the
beliefs and plans and other forward-looking expectations expressed
herein will not be achieved or will prove inaccurate. Although
Sylogist believes that the expectations reflected in these
forward-looking statements are reasonable, it provides no assurance
that these expectations will prove to have been correct.
Forward-looking information involves risks, uncertainties and other
factors that could cause actual events, results, performance,
prospects and opportunities to differ materially from those
expressed or implied by such forward-looking information.
Additional information regarding some of these risks, uncertainties
and other factors may be found under in the management's discussion
and analysis for the three months ended December 31, 2020, and other documents available
on the Company's profile at www.sedar.com. Material
assumptions and factors that could cause actual results to differ
materially from such forward-looking information include
Sylogist's inability to attract investors or to realize on its
growth and value creation plans. Although Sylogist believes that
the material assumptions and factors used in preparing the
forward-looking information in this news release are reasonable,
undue reliance should not be placed on such information, which only
applies as of the date of this news release, and no assurance can
be given that such events will occur. Sylogist disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, other than as required by law.
- Neither 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-
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SOURCE Sylogist Ltd.