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Global Crossing Airlines Provides Details of Monthly Investor Update and Announces Exercise of Warrants

Miami, Florida--(Newsfile Corp. - October 20, 2020) -  Global Crossing Airlines Inc. ( TS...

articleGlobal Crossing Airlines Group, Inc.October 20, 20203/company/global-crossing-airlines-inc/news/global-crossing-airlines-provides-details-of-monthly-investor-update-and-announces-exercise-of-warrants
Global Crossing Airlines Provides Details of Monthly Investor Update and Announces Exercise of Warrants

About this update from Global Crossing Airlines Group, Inc.

[{"type":"text","content":"Global Crossing Airlines Provides Details of Monthly Investor Update and Announces Exercise of WarrantsMiami, Florida--(Newsfile Corp. - October 20, 2020) -  Global Crossing Airlines Inc. (TSXV: JET) (OTC Pink: JETMF) (the \"Company\" or \"GlobalX\") is pleased to announce that Management will host its monthly update through a Zoom webinar on Thursday, October 22 at 1:30 PM EST. Interested parties are encouraged to register below.When: October 22, 2020 - 01:30 PM Eastern TimeTopic: Global Crossing Airlines Management UpdateRegister in advance for this webinar:https://us02web.zoom.us/webinar/register/WN_L9Aa8fVwT6OsIQd4iE51GAAfter registering, you will receive a confirmation email containing information about joining the webinar.In addition, the Company is also please to confirm that 830,000 warrants have been recently exercised by shareholders for gross proceeds of Cdn$415,000. This includes an exercise of 50,000 warrants by Ed Wegel, Chair and CEO of the Company.The Company also announces that it has retained the services of Hybrid Financial Inc. (\"Hybrid Financial\") for strategic investor relations initiatives. The initiatives will include marketing, distribution, and branding services for the Company with a specific focus on elevating the Company's profile via investment advisors in the United States and Canada.Pursuant to the agreement Hybrid Financial will receive a monthly retainer of Cdn$22,500.00. The agreement is for an initial term of six months, following which the agreement is renewed for subsequent three-month renewal terms until terminated. The Company will pay the monthly fee from its cash on hand. The agreement is subject to the approval of the TSX Venture Exchange.Hybrid is a sales and distribution company that actively connects issuers to the investment community across North America. Using a data driven approach, Hybrid provides its clients with comprehensive coverage of both American and Canadian markets. Hybrid Financial has offices in Toronto and Montreal. Additional information about Hybrid Financial can be found at www.hybridfinancial.com. Hybrid has agreed to comply with all applicable securities laws and the policies of the TSX Venture Exchange in providing the services. Hybrid Financial Inc. holds 1,560,000 shares of the Company. About Global Crossing AirlinesGlobalX is a new entrant airline now...

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