Psyched Wellness Announces New OTCQB Ticker: PSYCF
January 19th, 2021
Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9) (formerly Duncan Park Holdings Corporation) (“Psyched“) a life sciences company focused on the production and distribution of artisanal functional and psychedelic mushrooms, is pleased to announce that FINRA accepted its proposed symbol change for the OTCQB market from the former DCNPF to PSYCF. The Company’s shares have commenced trading in the US markets under the new ticker January 15, 2021.
“I am excited to share this news, the older ticker was one of the last overhanging pieces from the RTO with Duncan Park Holdings that needed to be addressed,” says Jeff Stevens, CEO of the Company. “Aligning our US ticker to match our Canadian ticker is key to our continued branding efforts and should help remove confusion with another US listed company with a similar symbol.”
The Company is also pleased to announce that it has entered into an investor relations agreement (the “Agreement”) with KCSA Strategic Communications (the “Consultant”) to provide investor relations services to the Company. The Agreement is effective January 7, 2021 and has a term of six months (the “Initial Term”). The Agreement shall remain in effect after the Initial Term unless either party provides notice of termination 30 days prior to the end of the Initial Term. In consideration for its services, the Company will pay the Consultant $10,000 USD on a monthly basis increasing by 5% after every 12-month period. The Agreement may be terminated with 90 days written notice by either party following the conclusion of the Initial Term.
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Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release.
About Psyched Wellness Ltd.:
Psyched Wellness Ltd. is a Canadian-based health supplements company dedicated to the distribution of mushroom-derived products and associated consumer packaged goods. The Company’s objective is to create premium mushroom-derived products that have the potential to become a leading North American brand in the emerging functional food category. The Company is in the process of developing a line of Amanita muscaria-derived water-based extracts, teas and capsules designed to help with three health objectives: promote stress relief, relaxation and assist with restful sleeping.
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