Abaxx Continues to Provide Facts Refuting Ongoing Misinformation and Reaffirms Strong Business Fundamentals
View original at globenewswire.comAbaxx Continues to Provide Facts Refuting Ongoing Misinformation and Reaffirms Strong Business Fundamentals Neither the Company nor its subsidiaries are under investigation by any regulatorUrges CIRO to investigate potentially manipulative or deceptive trading activity in Abaxx’s common sharesRetains leading U.S…
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New exchange markets exhibit natural growth patterns including low open interest relative to volume and trading dominated by incentive program participants building initial liquidity
60% confidenceThrough June 19, 2026, the average daily volume on Abaxx Exchange for June was 16,846 contracts per day, a 12% increase from May's 15,092
60% confidenceAverage daily open interest on Abaxx Exchange for June was 1,343, a 232% increase from May's 405
60% confidenceNone of the participants in Abaxx Exchange's market making and liquidity provider programs are undisclosed related parties
60% confidenceViceroy's reports amount to a short-and-distort campaign with the sole purpose of profiting from a decline in Abaxx's common share price at the expense of long-term shareholders
60% confidenceCurrent cash is sufficient to fund operational plans for approximately the next seven quarters without raising additional funds
60% confidenceWash trading is illegal and not permitted on Abaxx Exchange pursuant to Rule 508 in the Exchange's rulebook
60% confidenceAbaxx Exchange has a robust market surveillance program that actively monitors trading for signs of wash trading or market manipulation in alignment with regulatory requirements
60% confidenceThere are now 11 ISVs connected to Abaxx Exchange with 5 more in the pipeline
60% confidenceThe current net cash burn rate has averaged C$12.3 million over the past 2 completed quarters
60% confidenceThe Company holds more than C$97 million in cash and cash equivalents as of June 2026
60% confidenceThere are now 7 clearing firms connected to Abaxx Exchange with 14 more in the pipeline
60% confidenceThere are currently 22 brokers connected to Abaxx Exchange with 10 more in the pipeline
60% confidenceNeither the Company nor its subsidiaries are under investigation by any regulator
60% confidenceSuspected violations are subject to Abaxx Exchange's disciplinary proceedings under Rule 209, which can include reporting to regulators and suspension or termination of offending parties
60% confidence