KaleMart24 Welcomes New Franchisee To Drive Expansion in Montreal

News Release - Montreal, Quebec – September 5th, 2024: KaleMart24, the pioneering natural convenience store chain, is proud to announce the addition of a new franchisee to the KaleMart24 family, expanding its footprint in Montreal. This marks a significant milestone in the company’s expansion plans as it continues to meet growing demand for fresh, organic, and eco-conscious products across the country.

The newest franchisee, Ibtissam, brings a strong commitment to promoting healthy, sustainable living. She will be leading the opening of KaleMart24’s 4th location in Montreal, contributing to the brand’s ongoing mission to make fresh, organic food accessible to all.

“We are thrilled to welcome Ibtissam as our newest franchise partner,” said Sam, Founder and CEO of KaleMart24. “Her passion for community wellness and sustainability aligns perfectly with our core values. We are confident that Ibtissam will play a key role in expanding KaleMart24’s impact in Montreal and beyond.”

KaleMart24 continues to redefine convenience by offering a wide selection of fresh, organic, and locally-sourced products in a friendly and accessible environment. The addition of this new franchise partner will further KaleMart24’s mission to make healthy eating effortless and enjoyable for everyone, even in the most fast-paced lives.

The location of this 4th Montreal store will be announced soon. Community members will be invited to join in the grand opening celebrations and discover the unique offerings that set KaleMart24 apart.

About KaleMart24

KaleMart24 is breaking through the mold of convenience 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.

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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