Toronto, Ontario, November 22, 2021 (GLOBE NEWSWIRE) – Clearmind Medicine Inc. (CSE: CNIC, ESF: CWY0, OTC Pink: CMNDF), (Clear mind or the “Society“), a psychedelic medicine biotechnology company focused on the discovery and development of novel therapies derived from psychedelics to solve widespread and under-contracted health problems, today announced that its board of directors has decided to continue a double listing on the Nasdaq Stock Market. Clearmind intends to file a registration statement with the United States Securities and Exchange Commission within the next few months. The company’s common shares will continue to trade at the Canadian Stock Exchange.
The board’s decision was made following growing interest from US-based investors seeking easier access to companys shares.
About Clearmind Medicine Inc.
Clearmind is a psychedelic pharmaceutical biotechnology company focused on the discovery and development of novel therapies derived from psychedelics to address widespread and underserved health issues, including alcohol use disorders. Its main goal is to research and develop compounds based on psychedelics and try to market them as regulated drugs, foods or supplements.
The company’s intellectual portfolio currently consists of four patent families. The first, “Binge Behavior Regulators”, has been granted in the United States, Europe, China and India, with pending divisional applications in Europe and the United States. The second, Alcohol Beverage Substitute, has been approved for a European patent, with pending applications in the United States, China and India. The Company intends to apply for additional patents for its compounds whenever warranted and will remain opportunistic in acquiring additional intellectual property to build its portfolio.
Clearmind’s shares are traded on the Canadian Stock Exchange under the symbol “CMND”, on the Frankfurt Stock Exchange under the symbol CWYO and on the OTC Pink under the symbol “CMNDF”.
This press release may contain forward-looking statements and information based on current expectations. These statements should not be interpreted as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those implied by such statements. These statements include the continuation of a double listing on the Nasdaq Stock Exchange, filing a registration statement with the United States Securities and Exchange Commission that the company’s common shares will continue to trade at the Canadian Securities Exchange and that the company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic in acquiring additional intellectual property to build its portfolio. There is no certainty that any of these events will occur. Although these statements are based on reasonable assumptions of management, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances.
Investing in start-up companies inherently involves a high degree of risk, and investing in securities of the Company will be considered highly speculative.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, and there will be no sale of securities in any state or province where such an offer, solicitation or sale would be illegal. Any offer, solicitation or offer to buy, or sale of securities will be made in accordance with the applicable registration requirements.
Neither CSE nor its regulatory services provider (as that term is defined in CSE policies) accepts responsibility for the adequacy or accuracy of this release.
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