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US: Jones Soda to list on Nasdaq, loses CFO

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Jones Soda has received approval from NASDAQ for the listing of the company's common stock on the Nasdaq SmallCap Market.

The US-based company has requested that the listing be effective from a week today (28 November). The company's stock symbol will remain "JSDA," while the company's stock will continue to be quoted on the TSX-VE as "JSD."

 "We are very pleased with the evolution of our company as seen by this new listing," said Peter van Stolk, president and CEO. "The Nasdaq Stock Market represents some of the most prestigious companies in the world and we are honoured to have achieved this milestone."

Separately, Jones said on Friday that Jennifer Cue tendered her resignation last Monday. Cue, who holds the positions of CFO, COO and director, will leave the company on 13 December.

The company has started a search for her replacement and said it hoped to fill the position within the next several weeks.

"Jennifer has been a huge asset to the company for the past 10 years," van Stolk said. "Her commitment and dedication to the company and all stakeholders has been extraordinary. We are obviously sorry to see Jennifer leave, however, we wish her all the success in her future endeavours."

Jones Soda manufactures Jones Soda, Jones Naturals, Jones Energy, Jones Organics and Whoopass brands.


Sectors: Soft drinks, Water

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