KaleMart24 secures its third location in Montreal

News Release - Montreal, Quebec – Oct. 7, 2023: KaleMart24, the fresh new concept— positioned to become “the Whole Foods of convenience stores” — has executed on Oct 5th, 2023 an offer to lease a 2,307 sq.ft. location at 1055 Rue de la Montagne. The premises are located at the ground floor of the Roccabella condominium complex. This would be KaleMart24's third location.

About Rocabella

Roccabella is a condominium complex in Montreal, Quebec, Canada, located next to the Bell Centre in downtown Montreal, at Mountain Street and René-Lévesque Blvd. The project consists of two 40-floor towers and one 24-floor tower containing 552 condominium units.

About KaleMart24

KaleMart24 is redefining the convenience store for a new generation. Founded in Montreal, the brand was created to challenge the long-standing association between dépanneurs and junk food by offering healthy, sustainable, and accessible alternatives. Each store blends the welcoming warmth of a local market with the modern sophistication of an upscale retail experience, making it easier than ever for people to make mindful choices on the go.

From organic snacks and fresh meals to matcha-based beverages and natural wellness products, KaleMart24 curates a thoughtful selection of lifestyle-driven brands that resonate with today’s health-conscious consumers. The stores even feature personal care and small organic pet sections, reflecting the brand’s holistic approach to everyday living.

With its growing franchise network across Quebec and Ontario — and plans for national expansion — KaleMart24 is paving the way for a new era of smarter convenience retail built around wellness, community, and innovation. For more information visit 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. 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 the ongoing COVID-19 pandemic, including the risk of disruption in its supply. 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.
Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
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