Exro Technologies Inc. (formerly BioDE Ventures Ltd.) (the “Company”) announces that its common shares will be listed on the Canadian Securities Exchange (the “CSE”) commencing on Tuesday, August 29, 2017 under the trading symbol “XRO”. Chief Executive Officer, Mark Godsy commented, "Our team is excited about taking the DPM technology into the commercial feasibility phase for select applications. I continue to be grateful to our shareholders who have supported the Company's goal to materially improve how energy is produced and used." Listing and disclosure documents will be available at www.thecse.com.
Chief Executive Officer, Mark Godsy commented, "Our team is excited about taking the DPM technology into the commercial feasibility phase for select applications. I continue to be grateful to our shareholders who have supported the Company's goal to materially improve how energy is produced and used."
Listing and disclosure documents will be available at www.thecse.com.
About Exro Technologies Inc.
Exro Technologies Inc. is a Vancouver-based company commercializing patented technology designed to advance existing rotating electric machines. The technology enables motor and generator systems to operate more efficiently providing benefit to sustainable and renewable electricity generation markets, as well as variable load industrial and commercial applications for motors.
Exro Technologies’ strategy is to commercialize its proprietary technology through strategic partnerships for specific near-term market opportunities. The Company’s technology potentially has a wide variety of applications such as wind, energy, drones, and electric/hybrid vehicles. Exro Technologies’ business model is to develop license partners, with leading market positions and innovation based growth strategies.
Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words "may", "would", "could", "will" and similar expressions, as they relate to the Company or its management are intended to identify forward-looking statements. Such statements reflect the Company’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company does not assume any obligation to update these forward-looking statements, except as required by law.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Executive Officer
Exro Technologies Inc.
2820 – 200 Granville Street
Vancouver, British Columbia V6C 1S4
Tel: (604) 722-9140