Business
ViveRE Communities Inc. Announces Name Change to NexLiving Communities Inc., New Trading Symbol "NXLV"
ViveRE Communities Inc. Announces Name Change to NexLiving Communities Inc., New Trading ...
About this update from Nexliving Communities Inc
[{"type":"text","content":"\n \n \n \n ViveRE Communities Inc. Announces Name Change to NexLiving Communities Inc., New Trading Symbol \"NXLV\"\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n HALIFAX, NS\n \n ,\n \n May 25, 2021\n \n /CNW/ - ViveRE Communities Inc. (TSXV: VCOM) (\"\n \n ViveRE\n \n \" or the \"\n \n Company\n \n \") announces that it is changing its name to\n \n NexLiving Communities Inc.\n \n and its trading symbol from \"VCOM\" to \"\n \n NXLV\n \n \".\n \n \n \n \n \n \n \n \n \n Effective at the start of trading on\n \n May 28, 2021\n \n ,\n \n NexLiving Communities Inc.\n \n ('NexLiving\") will commence trading on the TSX Venture Exchange under the new symbol \"\n \n NXLV\n \n \".\n \n \n There is no change in the share capital of the Company. The Company's new CUSIP number is 65344P102 and its new ISIN number is CA65344P1027. No further action is required by existing shareholders with respect to the name change. Certificates representing common shares of the Company will not be affected by the name and symbol change and will not need to be exchanged.\n \n \n \n Michael Anaka\n \n , President and CEO of ViveRE states. \"This name change more accurately reflects the nature and purpose of our Company. Our properties are the 'next home' for the growing 55+ active living demographic and address their needs for freedom, convenience and quality\".\n \n \n ViveRE continues to execute its plans to acquire recently built or refurbished, highly leased multi-residential properties in bedroom communities across\n \n Canada\n \n . The Company aims to satisfy the needs of the newly emerging 55+ resident. The demographic that has changed the world is now changing the way residential rental apartments cater to their requirements. Their desire for community, along with service, quality and convenience has led to the emergence of the 55+ active living segment. Apartments are the next \"home\", after years of owning they look forward to the carefree lifestyle provided through renting in a community of their peers. ViveRE intends to consolidate this e...