Respect Your Universe Retains Market Maker
VANCOUVER, British Columbia, Sept. 5, 2014 /PRNewswire/ -- Respect Your Universe, Inc. (TSX VENTURE: RYU) (OTCQB:RYUN) ("RYU"), a global performance training and fitness brand with origins in the movements and philosophy of martial artistry, created for the multisport athlete, is pleased to announce that it has retained Questrade, Inc. to provide market-making services, in accordance with TSX Venture Exchange ("Exchange") guidelines. Questrade will buy and sell shares of the Company on the Exchange for the purpose of facilitating trading or providing liquidity in the Company's common shares.
The term of the agreement is one year, beginning September 5, 2014, at a cost of $5,500 per month. Questrade will not receive shares or options as compensation. The Company and Questrade are unrelated and unaffiliated entities, but Questrade and its clients may have or may acquire a direct interest in the Company's securities.
The agreement is subject to the approval of the Exchange.
About RYU
Respect Your Universe, Inc. is a global performance training and fitness brand with origins in the movements and philosophy of martial artistry, created for the multisport athlete. We deliver uncompromising style, comfort, durability, and function for our customers. We exist to facilitate the best in human performance. For more information, visit www.ryu.com.
About Questrade
Questrade, Inc, provides Canadians with high-speed, direct access trading in the U.S. and Canadian stock and options markets through its IQ trading platforms. Questrade offers market making services on behalf of TSX and TSX Venture Exchange listed companies, providing liquidity on the stock exchange for shareholders.
On Behalf of the Board
RESPECT YOUR UNIVERSE, INC.
Marcello Leone, CEO, President and Chairman of the Board
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Investor Relations
Tel: +1 877 367 0704
Email: [email protected]
Hayden IR
[email protected]
917-658-7878
Media Inquiries
Public Relations
Respect Your Universe, Inc.
Tel: +1 877 798 8326
Email: [email protected]
Statements regarding the future growth of RYU are "forward- looking statements", which are subject to risks and uncertainties, which may cause the actual results, performance or achievements of RYU to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, that RYU's business plan is dependent on additional financing, which it may be unable to obtain on terms acceptable to RYU, changes in general economic or market conditions that could impact consumer demand for RYU's products, and RYU's ability to execute on its business plan. Except as required by law, RYU undertakes no responsibility to update any of the forward-looking statements contained in this news release.
SOURCE Respect Your Universe, Inc.
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