Canaccord Genuity Initiates Coverage on RYU Apparel in COLTS Report

Canaccord Genuity Initiates Coverage on RYU Apparel in COLTS Report

ID: 577949

(firmenpresse) -
Canaccord Genuity Initiates Coverage on RYU Apparel in COLTS Report

Vancouver, BC - July 9, 2018 - RYU Apparel Inc. (TSXV: RYU) (RYU or the Company), creator of urban athletic apparel, is pleased to announce that Canaccord Genuity (Canaccord) has released their initiating coverage report on RYU after being chosen as the first Canadian company to enter their COLTS program (see press release dated, June 7, 2018).

The COLTS Program is a capital markets initiative that profiles high growth, small-cap companies, such as RYU. The strategic benefit of RYUs participation in the COLTS Program is to support RYUs growth and broaden its exposure to both retail and institutional investors.

The report is a third party, public document, published by Canaccord with RYU having no involvement in the creation of the report. To view the report, please use the following link: https://canaccordgenuity.bluematrix.com/sellside/EmailDocViewer?encrypt=febcd72a-de7a-409f-a92f-90bab2f93638&mime=pdf&co=Canaccordgenuity&id=CA-InternalResearchDistribution(at)canaccordgenuity.com&source=mail

We are very pleased with their report as we feel their analysts captured the essence of our company, said Marcello Leone, CEO of RYU. This is another validation of the efforts we are putting into creating a global brand and taking the awareness to another level.

The agreement with Canaccord and all matters contemplated as part of the COLTS Program are subject to the prior acceptance and approval of the TSX Venture Exchange.

For regular updates on RYU Apparel visit: http://ryu.com

About RYU
Respect Your Universe is an award winning urban athletic apparel and accessories brand engineered for the fitness, performance and lifestyle of athletically minded men and women. Innovatively designed without compromise and tailored for fit, comfort, and durability, RYU exists to facilitate human performance. For more information, visit: http://ryu.com




On Behalf of the Board

RYU APPAREL INC.
Marcello Leone
Marcello Leone, CEO, President and Chairman of the Board
Tel: 604-235-2880

Investor Relations
Contact: Anna Brazier
Investor Relations
1-844-535-2880
investors(at)ryu.com
www.ryu.com

For Media inquiries, contact:

Candace Fremder (Global PR)
Account Director
Candace.fremder(at)thrsxty.com

Samantha Detwiler (Canada PR)
Jane Gill PR - Account Manager
+1 416 922 4404 ext. 28
samantha(at)janegillpr.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as the statement that: the COLTS Program services will include: assisting with RYUs market communications strategy; building RYUs market profile domestically and offshore; publishing company profiles on RYU under the Canaccord COLTS banner; providing investment banking expertise and capital markets advisory; providing investor relations support, such as introductions to relevant institutional and strategic investors; and that the COLTS Program will benefit RYU by providing increased exposure to its store and successfully drive further stock performance in the same way it has for other companies within the program. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information, including the ability of the Company to finance operations, the ability of the management team to execute on its business plan, risks in the apparel industry in general, and delays and risks associated with renovating and opening new store locations. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements

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Bereitgestellt von Benutzer: irw
Datum: 09.07.2018 - 14:03 Uhr
Sprache: Deutsch
News-ID 577949
Anzahl Zeichen: 4734

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