Home / Knowledge / News / Apparel/Garments / Bravada plans entry into Canadian market
Bravada plans entry into Canadian market
20
Jul '10
BRAVADA International Inc. announced that it is looking to develop a dual USA / Canadian stock listing by seeking to list its shares for trading on the Canadian TSX Venture exchange as a reporting issuer. BRAVADA is currently looking to expand its BRAVADA Women's Athletica stores into Canada and listing its shares to trade on the TSX Venture Exchange as a reporting issuer would greatly expand its potential shareholder base across North America.

Canada is a market that is very friendly to microcap companies that possess authentic and growing business plans in both the formation of capital as well as the regulatory environment. The Canadian TSX Venture Exchange is a vibrant exchange which requires companies to fully report and disclose audited financials, material change events and all corporate disclosures consistent with being a fully reporting issuer. Most important to BRAVADA, the regulatory environment is one that is fair and consistent that seeks the creation of shareholder value.

BRAVADA is currently looking to expand its BRAVADA Women's Athletica stores into Canada and has done significant research into the Calgary market, a city that BRAVADA CEO Danny Alex is very familiar with. Calgary is one of Canada's wealthiest cities and is thriving economically. Kelowna, British Columbia is also being considered as well as Toronto and Vancouver. Expansion plans into the United States market shall continue as well.

BRAVADA is choosing to up-list its shares and report to Canadian regulators as opposed to its United States counter-parts for a number of reasons. The Canadian financial and banking systems provide a strong environment to continue BRAVADA's fast paced growth as well as an environment that it regards as friendlier to microcap companies. As well, the Canadian economy continues to be one of the fastest growing global economies.

“We intend to dual list BRAVADA on the Pink Sheets in the United States and the TSX Venture Exchange in Canada as a reporting issuer,” replied Danny Alex CEO of BRAVADA International. “Many factors influenced our decision both economic and regulatory. We want a fair and consistent regulatory environment by which we conduct our business and report to shareholders and the TSX Venture Exchange will allow us to greatly expand our shareholder base as we expand our BRAVADA Women's Athletica stores and presence into Canada.”

BRAVADA shall report to shareholders any material developments in pursuing its TSX Venture Exchange listing. BRAVADA's head office shall remain in Los Angeles.

BRAVADA International Inc


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X