Psychedelic Wellness-Focused Company Delic Announces Engagement with Wall Street Reporter

VANCOUVER, BC, Feb. 17, 2021 /CNW/ - Delic Holdings Inc (the "Company" or "DELIC") (CSE: DELC) (OTCQB: DELCF) is pleased to announce that it has retained the services of Wall Street Reporter, a multi-platform global marketing firm to increase investor awareness. 

The marketing awareness services provided by Wall Street Reporter will be aimed at maintaining and building the profile of DELIC Inc through traditional press initiatives, online conferences and CEO Interviews.

Matt Stang, CEO and Founder of DELIC commented, "We are very excited to be working with the team at Wall Street Reporter to help us share the DELIC story with a wider audience, particularly in the US investment community. Given our recent acquisition of Ketamine Infusion Centers, along with other milestones we expect to achieve this year, this is the perfect time to expand our reach and help more potential new investors learn about our business. We chose Wall Street Reporter as our investor marketing partner because of their strong track record and multiple recent successes with other high growth-potential companies."

Wall Street Reporter has been online since 1997, and traces its heritage to 1843, as the first financial newspaper published in the United States. Today, Wall Street Reporter is best known as a "bridge" connecting serious investors directly with management of public companies. Their exclusive CEO Interviews, and Investment Conferences enable company management to share their company's "investment story" in their own words, without media bias, or filtering. This management access gives investors access to enable them to understand a company's upside potential, in the proper context, straight from the source.

As compensation, Wall Street Reporter will receive a payment of USD $125,000 and has been granted incentive stock options exercisable to purchase up to 400,000 common shares in the capital of the company at an exercise price of CAD $0.65 per share for a period expiring February 16, 2022.

About DELIC CORP INC.

DELIC Always Expanding. In All Ways. 

DELIC was formed in 2019 to address the growing interest in psychedelic wellness backed by science. DELIC was the ‎first psychedelic umbrella platform and is currently a trusted source for those interested in ‎psychedelic culture, psychedelic clinics, and more. ‎DELIC's offerings include Ketamine Infusion Center, a limited liability corporation formed under the laws of Arizona and runs two ketamine clinics in Arizona and California, "Reality Sandwich," a free public education platform providing psychedelic guides, news and ‎culture, "Meet Delic," the first ever psychedelic wellness summit, and "The Delic," an e-commerce lifestyle brand. ‎For more information, check out www.deliccorp.com.

About Wall Street Reporter

Wall Street Reporter (Est. 1843) is a leading online, market news provider that brings current news and market insight to investors and gives investors direct access to CEO's of promising, publicly-traded companies. Wall Street Reporter's global investor audience consists primarily of hedge fund managers, investment advisors, analysts, investment bankers, and self-directed individual investors managing over $2 trillion in capital worldwide. Learn more at www.wallstreetreporter.com.

The Canadian Securities Exchange ‎has neither approved nor disapproved the contents of this news release and does not accept responsibility ‎for the adequacy or accuracy of this release.‎

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities ‎in the United States. The securities have not been and will not be registered ‎under the United States ‎Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state ‎securities laws and may not be offered or ‎sold within the United States unless registered under the U.S. ‎Securities Act and applicable state securities laws or an ‎exemption from such registration is available.‎

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable ‎Canadian securities ‎legislation and may also contain statements that may constitute "forward-looking ‎statements" within the meaning of ‎the safe harbor provisions of the United States Private Securities ‎Litigation Reform Act of 1995. Such forward-looking ‎information and forward-looking statements are not ‎representative of historical facts or information or current ‎condition, but instead represent only the ‎Company's beliefs regarding future events, plans or objectives, many of ‎which, by their nature, are ‎inherently uncertain and outside of DELIC's control. 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 contained herein ‎may include, but are not limited to, information concerning listing on the Canadian Securities Exchange, anticipated continued growth in the health and wellness sector (and, in particular, related to psychedelics), the continued emergence of psychedelics from stigmas, the ability of the Company to maintain sensible messaging, the ability of the Company to avoid dogmatic practices and binary rhetoric‎, the ability of DELIC to successfully achieve business ‎objectives, ‎and expectations ‎for other economic, ‎business, and/or competitive factors.‎

By identifying such information and statements in this manner, DELIC is alerting the reader that ‎such ‎information and statements are subject to known and unknown risks, uncertainties and other factors ‎that may cause ‎the actual results, level of activity, performance or achievements of DELIC to be ‎materially different from those ‎expressed or implied by such information and statements. In addition, in ‎connection with the forward-looking ‎information and forward-looking statements contained in this press ‎release, DELIC has made certain ‎assumptions. Among the key factors that could cause actual ‎results to differ materially from those projected in the ‎forward-looking information and statements are the ‎following: the ability to consummate the Proposed Transaction; ‎the ability to ‎obtain requisite regulatory and securityholder approvals and the satisfaction of ‎other conditions to the ‎consummation of the Proposed Transaction on the proposed terms and schedule; the ability to ‎satisfy the ‎conditions to the conversion of the Subscription ‎‎Receipts (as defined in the Previous Press Release); the potential impact of the announcement or consummation of the Proposed Transaction on ‎relationships, ‎including with regulatory bodies, employees, suppliers, customers and competitors; ‎changes in general economic, ‎business and political conditions, including changes in the financial ‎markets; changes in applicable laws; compliance ‎with extensive government regulation; and the diversion ‎of management time on the Proposed Transaction.‎

Should one or more of these risks, uncertainties or other factors materialize, or should assumptions ‎underlying the ‎forward-looking information or statements prove incorrect, actual results may vary ‎materially from those described ‎herein as intended, planned, anticipated, believed, estimated or ‎expected.‎

Although DELIC believes that the assumptions and factors used in preparing, and the expectations ‎contained ‎in, the forward-looking information and statements are reasonable, undue reliance should not ‎be placed on such ‎information and statements, and no assurance or guarantee can be given that such ‎forward-looking information and ‎statements will prove to be accurate, as actual results and future events ‎could differ materially from those anticipated ‎in such information and statements. The forward-looking ‎information and forward-looking statements contained in this ‎press release are made as of the date of ‎this press release, and DELIC does not undertake to update any ‎forward-looking information ‎and/or forward-looking statements that are contained or referenced herein, except in ‎accordance with ‎applicable securities laws. All subsequent written and oral forward- looking information and ‎statements ‎attributable to DELIC or persons acting on its behalf is expressly qualified in its entirety by this ‎‎notice.‎

SOURCE Delic Holdings Inc.

Investor Relations Contact, Daniel Southan-Dwyer, Corporate Development, [email protected]