Snipp Interactive Announces Revocation of Cease Trade Order

Rhea-AI Summary

Snipp Interactive Inc. (TSXV:SPN)(OTC PINK:SNIPF), a Platform-as-a-Service company specializing in loyalty and promotions, has announced the full revocation of its cease trade order by the British Columbia Securities Commission. The company's common shares will resume trading on the TSX Venture Exchange starting Thursday, June 12, 2025. This development marks a significant regulatory milestone for the company, allowing it to return to normal trading operations.

Positive

• Full revocation of cease trade order by BCSC indicates compliance with regulatory requirements
• Reinstatement of trading on TSX Venture Exchange allows renewed market access and liquidity for shareholders

Negative

• Previous existence of a cease trade order suggests past compliance or disclosure issues

VANCOUVER, BC / ACCESS Newswire / June 11, 2025 / Snipp Interactive Inc. ("Snipp" or the "Company") (TSXV:SPN)(OTC PINK:SNIPF), a Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector, is pleased to announce the full revocation of the cease trade order (the "CTO") by the British Columbia Securities Commission (the "BCSC") and the reinstatement of its common shares for trading on the TSX Venture Exchange effective at the opening on Thursday, June 12, 2025.

About Snipp:

Snipp Interactive Inc. (TSXV:SPN)(OTC PINK:SNIPF) is a leading Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector. Snipp's proprietary and modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of Fortune 500 clients and world-class agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing unique zero party data that is invaluable in providing insights to drive sales. SnippCHECK, the Platform's Receipt Processing Module has established itself as an industry leader and standard by powering a large majority of all receipt-based promotions in North America. SnippLOYALTY, the Platform's full scale modular loyalty engine allows clients the flexibility of deploying any/all aspects of a standard loyalty program on a case-by-case basis. SnippREWARDS, the Platform's modular catalogue of digital and physical rewards provides clients with global and easily deployable access to an extensive catalogue of digital and physical rewards. SnippWIN, the Platform's gaming module solves for the implementation and compliance difficulties of offering games of chance and skill on a global basis and allows for the global deployment and administration of legally compliant games of chance and skill. For more information, visit Snipp's website at www.snipp.comand its profile on SEDAR+ at www.sedarplus.ca.

Snipp is headquartered in Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. Snipp is publicly listed on the TSX Venture Exchange in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPFFOR

FOR FURTHER INFORMATION PLEASE CONTACT:

Snipp Interactive Inc.
Malcolm Davidson
Chief Financial Officer (Interim)
investors@snipp.com
1-888-99-SNIPP

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

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.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

SOURCE: Snipp Interactive Inc.

View the original press release on ACCESS Newswire

FAQ

When will SNIPF stock resume trading on the TSX Venture Exchange?

SNIPF stock will resume trading on the TSX Venture Exchange at the opening on Thursday, June 12, 2025.

What is Snipp Interactive's main business?

Snipp Interactive is a Platform-as-a-Service (PaaS) company operating in the global loyalty and promotions sector.

Which regulatory body revoked the cease trade order for SNIPF?

The British Columbia Securities Commission (BCSC) revoked the cease trade order for Snipp Interactive.

What does the revocation of the cease trade order mean for SNIPF?

The revocation means Snipp Interactive can resume trading its common shares on the TSX Venture Exchange, restoring market access and liquidity for shareholders.