VANCOUVER: The Very Good Food Company Inc. has received conditional approval to list its common shares on the TSX Venture Exchange (TSXV).
The Company will make a further announcement once the TSXV has issued a bulletin confirming the date on which trading on the TSXV will commence at which time the Company’s shares will also be delisted from the Canadian Securities Exchange (CSE).
Once listed on the TSXV, the Company will continue to trade under its existing symbol “VERY” and shareholders will not be required to take any action in connection with the listing.
The Company’s shares will also continue to be listed on the OTCQB under the symbol “VRYYF” and on the Frankfurt Stock Exchange under the symbol “0SI”. VERY hopes to commence trading on the TSXV by the end of the first quarter of 2021.
CEO Mitchell Scott stated: “A TSXV listing will provide us with an excellent opportunity to expand our investor base and raise our company profile among the investment community. Due to the restrictions of certain trading platforms, many potential investors are not able to purchase our shares.
With this approval, we will now be accessible to a larger audience. We would like to thank the CSE for their continued support after our successful initial public offering in June 2020 and welcoming us to the capital markets.”
Company also announced that it has completed its annual long-term incentive option grant meant to attract and retain officers, directors and employees of the Company.
The VeryGood Food Company Inc. is an emerging plant-based food technology company. www.verygoodbutchers.com