News Release - Montreal, Quebec – November 22rd, 2023: KaleMart24, the fresh new concept—positioned to become “the Whole Foods of convenience stores”— has begun the buildout of its two first locations in Montreal. The first two stores are located in the Montreal metro network at both Berri-Uqam metro station and Jarry metro station. Prisma construction has been appointed as general contractor to manage both projects.
About Prisma construction
Prisma is a retail construction specialist with soul. They have been a general contractor coast to coast for over 30 years, with a satellite office in Florida. Prisma construction is dedicated to delivering outstanding work, their constant focus on their clients’ thorough satisfaction is on every project they take on. They evaluate size, weight, and volume, and determine the best way to build a project with cost savings in mind. Their process often leads to the best economical solution for each project.
About KaleMart24
KaleMart24 is breaking through the mold of c-stores being associated with junk food by offering healthier choices that cater to a mobile savvy younger generation. KaleMart24 is bringing excitement and fun to the convenience store shopping experience by introducing a sustainable convenience store chain that makes shopping for organic and healthy foods incredibly fun, with the homey feel of a market, yet the modern elegance of an upscale convenience store — more lifestyle brands with high quality fresh food and beverage products. Curating specialty brands and products, KaleMart24 includes all the usual sections of a convenience store, along with a small personal care section, and even a small organic pet section. For more information about KaleMart24, visit www.KaleMart24.com
For further information, please contact:
Oussama (Sam) Saoudi
Chief Executive Officer and Director
514.452.5053
sam@kalemart24.com
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "proposed", "expects", "intends", "may", "will", and similar expressions.
Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Certain assumptions in respect of continued demand for the Company’s products; that future added production capacity will enable us to increase our sales volume, that we do not experience material interruptions or supply chain failures as a result of a pandemic, our ability to retain key personnel, the availability of labour, and changes and trends in our industry or the global economy are material assumptions made in preparing forward-looking statements or information and management's expectations. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors that could cause actual results to differ materially from those described in such forward- looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations; dilution; limited history of operations and revenues and no history of earnings or dividends; competition; economic changes; regulatory changes in the Company’s primary markets and the impact of and risks associated with a pandemic, including the risk of disruption at the Company's contracted production facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.
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