Kraken Robotics Ranked #1 Technology Company on 2023 TSX Venture Top 50 List
February 21 2023 - 8:00AM
Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to
announce that the Toronto Venture Stock Exchange has recognized
Kraken Robotics as a 2023 Top 50 Company. Kraken placed first in
the technology category. The TSX Venture 50 is a ranking of the
strongest companies on TSX Venture Exchange by share price
appreciation, trading volume amount, and market capitalization
growth.
Greg Reid, President and CEO of Kraken,
commented, “We are honored to be recognized as a Top 50 company
within the Toronto Venture Stock Exchange. This is another
validation point of the hard work of our employees and we are
pleased that investors are starting to recognize our solid
progress. We are seeing strong demand across our business driven by
an increased focus on the need for subsea intelligence solutions
across the defense, energy, and offshore renewable sectors. We look
forward to sharing further evidence of this progress with our
stakeholders in 2023 and beyond.”
As part of the award, the Toronto Venture Stock
Exchange recorded an overview of Kraken. To view the video, please
click here.
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ABOUT KRAKEN ROBOTICS
INC.Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a
marine technology company dedicated to the production and sale of
software-centric sensors, subsea batteries, and underwater robotic
systems. It provides high-resolution 3D acoustic imaging solutions
and services to enable clients to overcome the challenges in our
oceans - safely, efficiently, and sustainably. Kraken Robotics is
headquartered in Canada and has offices in North and South America
and Europe. Kraken is ranked as a Top 100 marine technology
company by Marine Technology Reporter.
Certain information in this news release
constitutes forward-looking statements. When used in this news
release, the words "may", "would", "could", "will", "intend",
"plan", "anticipate", "believe", "seek", "propose", "estimate",
"expect", and similar expressions, as they relate to the Company,
are intended to identify forward-looking statements. In particular,
this news release contains forward-looking statements with respect
to, among other things, business objectives, expected growth,
results of operations, performance, business projects and
opportunities and financial results. These statements involve known
and unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those
anticipated in such forward-looking statements. Such statements
reflect the Company's current views with respect to future events
based on certain material factors and assumptions and are subject
to certain risks and uncertainties, including without limitation,
changes in market, competition, governmental or regulatory
developments, general economic conditions and other factors set out
in the Company's public disclosure documents. Many factors could
cause the Company's actual results, performance or achievements to
vary from those described in this news release, including without
limitation those listed above. These factors should not be
construed as exhaustive. Should one or more of these risks or
uncertainties materialize, or should assumptions underlying
forward-looking statements prove incorrect, actual results may vary
materially from those described in this news release and such
forward-looking statements included in, or incorporated by
reference in this news release, should not be unduly relied upon.
Such statements speak only as of the date of this news release. The
Company does not intend, and does not assume any obligation, to
update these forward-looking statements. The forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement.
Neither the TSX Venture Exchange Inc. nor its
Regulation Services Provide (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release, and the OTCQB has neither
approved nor disapproved the contents of this press release.
For further information:Stephen Griffin, Group Marketing
ManagerStephen.Griffin@krakenrobotics.com
Joe MacKay, Chief Financial Officer(416)
303-0605jmackay@krakenrobotics.com
Greg Reid, Chief Operating Officer(416)
818-9822greid@krakenrobotics.com
Sean Peasgood, Investor Relations(647)
955-1274sean@sophiccapital.com
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