Stock Trend Capital Provides Government Grant Update on Younet Investment

Rhea-AI Summary

Stock Trend Capital Inc. (CSE:PUMP, OTC:STOCF) has provided an update on its investment in Younet, a private Canadian company developing an AI-powered platform for personalized AI models. Younet has been awarded a support grant by the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), Canada's leading innovation assistance program for small and medium-sized businesses.

Anthony Durkacz, CEO of Stock Trend, congratulated Younet on receiving the NRC grant, stating it's a testament to their innovation and leadership. Stock Trend Capital is an investment issuer primarily focused on the Artificial Intelligence (AI) and Canadian cannabis industries, targeting entities with strong intellectual property, exceptional management, and high growth potential.

Positive

• Younet, a company Stock Trend Capital invested in, received a government grant from NRC IRAP
• The grant validates Younet's innovative AI platform and potential for growth
• Stock Trend Capital's investment strategy focuses on high-growth potential sectors like AI and cannabis

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / August 27, 2024 / Stock Trend Capital Inc. (CSE:PUMP)(FRA:WCF)(OTC Pink:STOCF) (the "Company" or "Stock Trend") is pleased to provide an update on its investment in Younet ("Younet"), a privately held Canadian company developing an innovative platform powered by artificial intelligence ("AI") that enables users to create personalized AI models based on their data knowledge.

On August 19, 2024, Younet issued a news release announcing that the company has been awarded a support grant by the National Research Council of Canada Industrial Research Assistance Program ("NRC AIRAP"). For additional information, please visit https://younet.ai/blogs/announcements

NRC IRAP is Canada's leading innovation assistance program for small and medium-sized businesses. NRC IRAP's mission is to accelerate the growth of Canadian businesses by providing them with a comprehensive suite of innovation services and funding.

For more information about NRC IRAP, please visit their official website.

Anthony Durkacz, CEO of Stock Trend, congratulated Younet on receiving the NRC grant. "This achievement is a testament to your innovation, dedication, and forward-thinking leadership. Stock Trend is excited to see the positive impact this grant will bring to Younet".

About Stock Trend

Stock Trend Capital Inc. is an investment issuer primarily focused on the Artificial Intelligence (AI) and Canadian cannabis industries. The issuer intends to focus on investing in private and public entities with strong intellectual property, exceptional management and high growth potential that may be strategically positioned in the market.

On behalf of the Board of Directors of
STOCK TREND CAPITAL INC.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Anthony Durkacz
CEO, Director
Telephone: (416) 720-4360
Email: anthony@stocktrend.com

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward- looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward, looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no insurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

The CSE has not reviewed, approved, or disapproved the content of this press release.

SOURCE: Stock Trend Capital Inc.

View the original press release on accesswire.com

FAQ

What grant did Younet, a Stock Trend Capital (STOCF) investment, receive on August 19, 2024?

Younet received a support grant from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) on August 19, 2024.

What is Stock Trend Capital's (STOCF) primary investment focus?

Stock Trend Capital primarily focuses on investing in the Artificial Intelligence (AI) and Canadian cannabis industries, targeting entities with strong intellectual property, exceptional management, and high growth potential.

Who is the CEO of Stock Trend Capital (STOCF) mentioned in the press release?

Anthony Durkacz is mentioned as the CEO of Stock Trend Capital in the press release.

What does Younet, a Stock Trend Capital (STOCF) investment, develop?

Younet develops an innovative platform powered by artificial intelligence (AI) that enables users to create personalized AI models based on their data knowledge.