 VANCOUVER, British Columbia, Sept. 01, 2021 GLOBE NEWSWIRE -- ParcelPal Logistics Inc. the Company or ParcelPal, OTC:PTNYF CSE:PKG FSE:PT0 is pleased to announce that, subsequent to the previously announced letter of intent on July 14, the parties related to the Companys acquisition of its first United States delivery service company Acquiree have signed the definitive agreements related thereto and anticipate closing within a week. This transaction effectively nearly doubles both the Companys annual revenue and size of ParcelPal, which is additionally significant since it marks the first such acquisition in the history of the Company. 