Xebra Shares Commence Trading in the United States

VANCOUVER, BC, November 9, 2021 / PRNewswire / – Xebra Brands Ltd. (“Xebra”) (CSE: XBRA) (OTC: XBRAF) (FWB: 9YC), a cannabis company, is pleased to announce that it has started trading The United States on the OTC Markets Group’s OTC Pink marketplace under the ticker symbol “XBRAF”. OTC Markets is recognized as the leading public finance market for international companies to trade in the United States. Currently, OTC Markets has over 11,500 securities with more than $ 500 billion Annual trading volume.

Xebra has requested to upgrade its OTC listing to the OTCQB market. Companies trading on OTCQB must meet minimum reporting standards, pass an offer test and undergo an annual review. Xebra has also applied for registration with the Depository Trust Company (DTC), which, if successful, enables electronic clearing and settlement of its shares The United States.

Investor Relations Services
Xebra enters into a consulting agreement with 2805967 Ontario Ltd. (the “Contractor”) under which the Contractor provides certain advertising and investor relations services (the “Services”).

The contractor’s office is located at 84 Watson’s Lane, Dundas, Ontario, L9H 1T3, and can be contacted by phone at 1-416-819-6286 or email at [email protected].

The contractor provides the services November 2021 to February 2022 (the “Term”) in exchange for a total of CA $ 30,000 of which CA $ 5,000 will be paid in cash each month during the Term and CA $ 15,000 in shares of Xebra at an assumed price of $ 0.20 per share, which 75,000 shares.

ON BEHALF OF THE MANAGEMENT BOARD,

Rodrigo Gallardo
president

Certain information in this press release contains forward-looking statements under applicable securities laws. Any statements that are not historical facts may be considered forward-looking statements. This includes statements about the expectations of Xebra Brands Ltd. in relation to its ability to successfully implement its business plan or model; its ability to provide economic, environmental, social, or any kind of benefit in the communities in which it operates or will operate in the future; its ability to lead the way in a country or to obtain or retain government licenses, permits, or permits in general or in particular Mexico, Colombia, Canada, the Netherlands, or elsewhere; its ability to successfully apply for and obtain trademarks and other intellectual property in any jurisdiction; its ability to be competitive; its ability to cultivate, grow, or process hemp or cannabis Mexico, Colombia, Canada, the Netherlands, or elsewhere and related plans; financial, operational or other conditions in relation to the company’s participation in the Dutch medical cannabis cultivation study; its ability to make cannabis beverages, wellness products, or other products; its ability to commercialize or sell cannabis beverages, wellness products, or other products, in Mexico, Colombia, Canada, the Netherlands, or elsewhere; its ability to commercialize or sell Vicious Citrus Lemonade in any jurisdiction in 2022 or anytime; its ability to commercialize or sell Elements wellness products at any time in any jurisdiction; its ability to manufacture wellness products with therapeutic effects or benefits; Plans for future growth and direction of the company; Financial projections, including expected earnings, gross profits, and EBITDA (a non-GAAP financial measure); plans to increase product volumes, capacity of existing facilities, supplies from third party growers and contractors; expected growth of the cannabis industry in general; Expectations, beliefs and assumptions of management; Events or developments that XEBRA expects to occur in the future; general economic conditions; and other risk factors set out in the Company’s prospectus dated September 30, 2021. All statements, other than statements of historical fact, are forward-looking information and statements. The words “aim”, “believe”, “expect”, “anticipate”, “consider”, “aim”, “intend”, “continue”, “plan”, “budget”, “estimate”, “may”, “Will” and similar expressions identify forward-looking information and statements. Forward-looking statements are necessarily based on a number of estimates and assumptions that, although XEBRA believes they are reasonable at the time of making these statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. These factors include, but are not limited to, XEBRA’s inability to generate sufficient income or raise sufficient funds to carry out its business plan; Changes in government legislation, taxation, controls, regulations, and political or economic developments in various countries; Risks associated with farming and farming activities in general, including bad weather, access to seeds, poor crop yields and spoilage; Compliance with the import and export laws of various countries; significant fluctuations in cannabis prices and transportation costs; the risk of obtaining necessary licenses and permits; Inability, for any reason, to identify, negotiate and complete a potential acquisition; the ability to retain key employees; Dependence on third parties for services and deliveries; Non-performance by contracting parties; general economic conditions; and the continued growth in global demand for cannabis products and the continued increase in the number of jurisdictions legalizing cannabis; and timely receipt of regulatory approval for license applications. The above list is not exhaustive and XEBRA assumes no obligation to update or revise the above information unless required by law. Many of these uncertainties and contingencies could affect XEBRA’s actual performance and could cause actual performance to differ materially from any forward-looking statements made by or on behalf of XEBRA. Readers are cautioned that forward-looking statements are not guarantees of future performance and that readers should not place undue reliance on such forward-looking statements. There can be no assurance that these statements will prove to be accurate and actual results and future events could differ materially from those contained in these statements.

SOURCE Xebra Brands Ltd.

https://www.prnewswire.com/news-releases/xebra-shares-commence-trading-in-the-united-states-301419247.html