September 29th, 2023, VANCOUVER, BC – TUT Fitness Group Inc. (TSXV:GYM)(Frankfurt:7PG) (“TUT” or the “Company”), announces that 6,144,810 common share purchase warrants (“Warrants”) outstanding at an exercise price of C$1.00 per sharewill expire at 4:30 PMPST on September 29, 2023. These Warrants were publicly traded under the trading symbol, GYM.WT.
In compliance with Trading Rule C.2.18, CIRO has issued a trading halt on the Company’s Warrants at noon (EST) and will delist at the close of business on September 29, 2023.
About TUT Fitness Group:
TUT Fitness is a Vancouver-based designer and Canadian manufacturer of high-performance and affordable fitness products, targeting the rapidly growing US$16.5 billion global home fitness equipment market. TUT’s industry-first patented resistance band technology (stackable TUT Plates™) is the backbone of the TUT Trainer™ Microgym, a high-performance and versatile alternative to bulky exercise machines and free weights. Weighing only 11.6 lbs, the TUT Trainer™ differs from traditional machines by allowing progressive resistance to be added to any rep or movement. The TUT Trainer™ replicates a full gym experience with more than 350 exercises delivering all-in-one functional strength, prehab/rehab and cardio training in less than 2 square feet of space.
For further information please contact:
CEO, TUT Fitness Group Inc.
Certain statements in this release are forward-looking statements or information and may include statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information may be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted and such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. Forward-looking statements in this news release are expressly qualified by this cautionary statement and the reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.