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ParcelPal Technology Inc (OTC: PTNYF)(PKG.CN) News - September 18, 2018

 

ParcelPal Commences National Expansion Starting in Alberta


Vancouver, British Columbia, Canada – September 18, 2018 – ParcelPal Technology Inc. (OTC: PTNYF) (CSE: PKG) (“ParcelPal” or the “Company”), (FSE:PT0)  is pleased to announce they have commenced their national roll out plan starting with the much-anticipated expansion into Calgary, Alberta.

ParcelPal is looking to exponentially grow it’s business and make mobile on-demand deliveries a widespread service throughout cities across Canada. The Company has been operating successfully in Vancouver for over a year and are now expanding to Calgary as part of their on-going strategy for Canada wide distribution.

ParcelPal will be launching with all verticals offered (Food, alcohol, grocery, and soon ‘Get Anything’) on their platform, on both Android and iOS. The Company is in late stage planning for implementation of marijuana delivery in the province of Alberta. Comparable to Vancouver, Calgary offers a diverse population of over 1.5 million residents within the initial operational zone. With similar demographics to Vancouver, the Company expects rapid adoption of the service.

The Company has secured an office in Calgary and is currently onboarding all key personnel to fill all necessary roles for the launch. The Company is actively looking to expand with new and existing partnerships within this region. This should enable the Company to achieve a greater run rate in the coming months.

President and CEO Kelly Abbott states, “We are very pleased to finally offer ParcelPal services residents of Calgary. We are excited by the opportunity that Calgary presents. We feel this expansion to Calgary will bring great shareholder value and this launch will be the cornerstone for all expansions moving forward. Our increased investments in technology, brand and delivery are on track to make our service even easier to use, whilst expanding our customer’s choices. I’m pleased with the strong results of the year and excited by our opportunity for accelerated growth across Canada.”

ParcelPal’s City Manager Alain Duperes states, “We are excited to be a part of the vibrancy and energy of Calgary and it’s residents and to welcome a whole new dynamic of on demand delivery. This will now allow residents to get what they want or need, delivered within an hour or less which is greatly needed.”

Calgary residents can download the app by visiting www.parcelpal.com or by visiting the App Store on their mobile devices.

About ParcelPal Technology Inc.

ParcelPal is a technology driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada-wide.

ParcelPal Website: www.parcelpal.com

The Canadian Securities Exchange (“CSE”) or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.

CSE – Symbol: PKG
FSE – Symbol: PT0
OTC – Symbol: PTNYF

Contact: Peter Hinam, Investor Relations – peter@parcelpal.com

Forward Looking Information

This news release contains forward looking statements relating to the Proposed Transaction, and the future potential of ParcelPal. Forward looking statements are often identified by terms such as "will", "may", "should", “intends”, "anticipates", "expects", “plans” and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. There can be no assurance that any forward looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to place undue reliance on any forward looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.

SOURCE:  ParcelPal Technology Inc.
 

ParcelPal talks cannabis plan for Oct. 17 legalization


Vancouver, British Columbia, Canada – September 13, 2018 – ParcelPal Technology Inc. (OTC: PTNYF) (CSE: PKG) (“ParcelPal” or the “Company”), (FSE:PT0)  has provided further insight into its cannabis plan for federal legalization in Canada on Oct. 17, 2018.

As part of ParcelPal's strategy moving forward, the company plans to take advantage of the bourgeoning marijuana market imminently. The marijuana vertical proposes a large opportunity and catalyst for ParcelPal to launch into many urban areas across Canada. The company has been speaking with provincial government regulators and Crown corporations to best assess how to implement and execute on its strategy going forward with recreational and medicinal marijuana. Additionally, the company has been speaking with major licensed producers to ensure a supply and consistent demand to ensure a smooth execution into the industry.

For consumers, taking advantage of ParcelPal's service provides many benefits, such as:

> Quick delivery -- getting their cannabis products/ancillaries delivered in an hour or less;
> Anonymity -- not having to visit a retail location and remaining anonymous;
> Mitigating intoxication -- no longer having to leave the house, mitigating the risk of driving while intoxicated;
> The ability to service both medicinal as well as recreational users.

Customers who order marijuana through the ParcelPal platform will be required to upload and verify their identities. Users that are under the age within their jurisdictions will not be allowed into this vertical on the application. The identity verification system ensures that the person is of age and that the identity is in fact real, and it is checked twice -- once before and once upon delivery. Consumers who order product will have to be the person to receive the order. ParcelPal's technology complies with all local, provincial and federal laws.

Additionally, ParcelPal's cannabis vertical helps major licensed producers and other suppliers of cannabis products with the following:

Easy access to consumers, providing an omnichannel approach to sales and distribution;
Quick delivery -- the ability to deliver cannabis products within an hour allows for immediate gratification for consumers; something others currently cannot provide;
Compliance with regulatory framework;
Management team and board familiar with regulatory environments for a quick path to implementation;
Increase business between existing players in the cannabis industry;
Uninterrupted services, without strikes.

President and chief executive officer Kelly Abbott stated: "This is a critical time for the cannabis industry as a whole. Adult recreational use is on the precipice of becoming legal across Canada and we are poised to take advantage of the ancillary market yet to come. We are setting a standard in Canada for accessibility, safety and professionalism." Mr. Abbott continued, "I believe attention from the investment community will shift from production to those who are supporting production and all things distribution."

The company's reach will enable access to data and further insights into patient and user demographics, preferences, behaviours and patterns. ParcelPal plans on utilizing its delivery data to educate and inform regulators and licensed producers; this is essential for ensuring continued safe access for everyone within the industry.

About ParcelPal Technology Inc.

ParcelPal is a technology-driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. The company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities across Canada.
SOURCE:  ParcelPal Technology Inc.

 

ParcelPal Technology Inc. Announces Results of Annual General Meeting


Vancouver, British Columbia, Canada – August 24, 2018 – ParcelPal Technology Inc. (OTC: PTNYF) (CSE: PKG) (“ParcelPal” or the “Company”), (FSE:PT0)  - announces that all resolutions were passed by the shareholders at its annual general meeting ("AGM") held in Vancouver, British Columbia on August 23, 2018. The Board of Directors and management would like to thank all shareholders for their continued support and confidence.

Shareholders voted in favour of setting the number of directors at 4 and following directors were re-elected: Kelly Abbott, Peter Hinam, Devon Brown and Ian Tostenson. Dale-Matheson Carr Hilton Labonte LLP, Chartered Professional Accountants were re-appointed as auditors of the Company for the ensuing year. Further, the disinterested shareholders approved the adoption of the stock option plan as set forth in detail in the Company's Information Circular dated July 20, 2018.

About ParcelPal Technology Inc.
ParcelPal is a technology driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour.The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada-wide.

ParcelPal Website:www.parcelpal.com
CSE - Symbol:PKG
FSE - Symbol:PT0
OTC - Symbol:PTNYF
Contact: Peter Hinam, Director of ParcelPal Technology, Inc. - peter@parcelpal.com
THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

SOURCE:  ParcelPal Technology Inc.
 

ParcelPal Begins Internal Beta Testing for imminent Android Launch


Vancouver, British Columbia, Canada – August 13, 2018 – ParcelPal Technology Inc. (OTC: PTNYF) (CSE: PKG) (“ParcelPal” or the “Company”), (FSE:PT0)  - is pleased to announce that their anticipated consumer application for Android is near completion and has entered into internal beta testing.

ParcelPal has accelerated research and development as a precursor for the Company's national rollout plan. ParcelPal's third quarter strategy includes implementing additional revenue generating delivery verticals to the platform, ensuring consumers from any device can access the platform, and executing on geographic expansion opportunities. ParcelPal expects the Android application to go live to the public by the middle of September. The Company's management expects the third quarter to surpass the previous quarter in terms of business development and revenue potential.

During ParcelPal's first year of operations, the Company focused on developing and enriching the user experience and executing on current operations. Building off the Company's successful second quarter, and achieving a major milestone one million deliveries, ParcelPal is now focused on devoting significant resources to enhancing the ParcelPal consumer application and expanding revenue streams through leveraging their technology.

President and CEO Kelly Abbott commented, "We had strong growth in the second quarter of 2018, and we are looking forward to introducing ParcelPal to Android users. Our growth rate has been exceptional, and we will continue to execute on all opportunities that have been presented to us. Continuing to build our brand awareness and demonstrating our ability to execute and expand will continue to be our focus for 2018."

To join the internal beta program, please reach out toinfo@parcelpal.com.

About ParcelPal Technology Inc.

ParcelPal is a technology driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada-wide.

ParcelPal Website: www.parcelpal.com  
 
The Canadian Securities Exchange ("CSE") or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.

CSE - Symbol:PKG
FSE - Symbol:PT0
OTC- Symbol:PTNYF
Contact: Peter Hinam, Investor Relations-peter@parcelpal.com

Forward Looking Information
This news release contains forward looking statements relating to the Proposed Transaction, and the future potential of ParcelPal. Forward looking statements are often identified by terms such as "will", "may", "should","intends", "anticipates", "expects","plans"and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. There can be no assurance that any forward looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to place undue reliance on any forward looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.

Source:  ParcelPal Technology Inc.

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About ParcelPal Technology Inc :


ParcelPal Technology

Our technology will get what you need to where you need it. ParcelPal is an on-demand local delivery service that makes sending packages easy. Our software instantly communicates with all local couriers in our network and selects the highest ranked courier in your area and connects them with you.

Real Time Tracking
With ParcelPal’s integrated GPS technology, you can track your courier from package pickup all the way to delivery at the final destination. If you choose, you can be notified each step of the way via SMS message.

eCommerce Integration
To make shipping with ParcelPal even easier, we have created plugins for the top ecommerce platforms. All you need to do is download one of our plugins and sign up for ParcelPal, you will then be able to offer local on-demand delivery to your customers right from your checkout screen. And who wouldn’t want to get there purchases faster?

Reputable Service
Our couriers have been screened to ensure you have the right people delivering your packages. Each local delivery you request is assigned to the highest ranked courier in your area. Rate the performance of your courier after each delivery. You can connect anytime with your courier via phone call or IM.

Vision
To be the most convenient delivery service in the world, by providing people with goods they love anytime, anywhere.

Mission
We are a technology driven, on-demand courier service connecting people with the goods they love through a shared network of community couriers.

Core Values
Customer Service
Always give back with more than what you expected to receive in return.

Improvement
Knowing there is always room for continuous improvement in our organization.

Value
Commitment to provide value for our partners and couriers.

Automation
Always strive to make our technology better and easier to use.

Appreciation
Always be grateful to the people that make our business happen.

Why On-demand Delivery?

Our story is straightforward; we believe package delivery should be a hassle-free process in any business. We aim to transform the everyday experience of how businesses send and receive their goods by empowering them with our game-changing technology. Making same day on-demand delivery the new normal.

On-Demand Delivery

No more waiting in line for your lunch or rushing to the store after work to grab your clothes. With ParcelPal On-demand you simply shop from our app, choose the items you want and pay. We’re here to make your life easier by taking away the small tasks that we all hate doing.

The Marketplace
We’ve created an on-demand marketplace where you can shop for anything from food, to clothes. No more waiting in line for your lunch or rushing to the store after work to grab your clothes. With ParcelPal On-demand you simply shop from our app, choose the items you want and pay. A ParcelPal courier will accept your request, pick up and drop off your item to wherever you want within 2 hours. Your shopping habits have changed, so should the way you get your purchases.

Restaurants
You can now order from almost any restaurant in the city. We've made it so easy, you can binge watch Netflix and still eat great!

Alcohol
Cant make it out to buy more alcohol? Use the ParcelPal app and you won't even need to leave the party.

Clothing
We've partnered up with some of Vancouver's best retailers. Order through our app and get your items in 2 hours.

Ship right to your phone

Our system makes it so easy to receive your delivery, you can now use your phones location as the drop off point. Yes, that means we will come to you wherever that may be. So, if you forgot it was your anniversary and need flowers delivered to the restaurant don’t worry we got you covered.).

.SOURCE: http://www.parcelpal.com/




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