Darelle Comments on Recent Share Price Appreciation and Increased Trading Activity
VANCOUVER, Aug. 7, 2018 /CNW/ - Darelle Online Solutions Inc. ("darelle" and/or the "Company") (TSXV: "DAR") responds to recent share price appreciation and increased trading activity.
Darelle's management is unaware of any undisclosed material changes or corporate developments in its existing operations that would account for recent increase in share price or increased trading volumes.
The Company issued a news release on July 31, 2018 providing details of financial results for the third quarter ending May 31, 2018. The news release also provided details of the successful completion of testing done by Gaming Laboratories International, LLC of the Darelle Raffle and Electronic Raffle System Management System pursuant to GLI-31 Electronic Raffle Systems (GLI-31 Certification). Additionally, testing done and satisfied against the following requirements; The Alberta Gaming and Liquor Act and Regulation, AGLC's Raffle Terms and Conditions (Total Ticket Value More and Less than $10,000), AGLC's ETS Approval Narrative, TGS6 Technical Gaming Standards for ERS, v.2.0, LGA's Technical Standards for ERS, SLGA's Integrity Certification Requirements – ERS, and AGCO's ERS Minimum Technical Standard for 50-50 Raffles, lab testing.
After inquiry, the Company confirms that its officers, directors or its controlling shareholders (i.e. shareholders owning 10% or more of the Company's securities) have not, directly or indirectly, authorized or been involved in any way with the creation or distribution of promotional materials.
The Company has not engaged any third parties to provide investor relations and other related services.
About Darelle Online Solutions Inc.
Darelle Online Solutions Inc. is a British Columbia corporation with its head office in Vancouver, British Columbia. darelle.com is an online marketplace, which has developed a platform in which charitable and nonprofit organizations can create, sell, deliver and manage their raffle ticket and 50/50 draws completely online. The Company is listed on the TSX Venture Exchange as a Tier 2 Technology Issuer. The Company has a total of 73,708,147 common shares issued and outstanding.
Additional information on the company can be found at www.darelle.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Darelle Online Solutions Inc.
Dean Bethune, President & CEO, Phone (778) 840-3325, Email: [email protected]; Kyle Kotapski, President, Darelle Media Inc., Phone (604) 345-0868, Email: [email protected]
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