VANCOUVER: The Very Good Food Company Inc. has received final approval from the TSX Venture Exchange (TSXV) to list its shares on the TSXV effective as of the open of market on March 17, 2021.
The Company’s trading symbol “VERY” will remain unchanged and shareholders will not be required to take any action in connection with the listing on the TSXV.
The Company’s shares will continue to be listed in the United States on the OTCQB under the symbol “VRYYF” and on the Frankfurt stock exchange under the symbol “0SI”.
The last day of trading of the Company’s shares on the Canadian Securities Exchange will be March 16, 2021.
Mitchell Scott, CEO commented: “We are very excited to be listing on the TSXV. Our Rupert (Vancouver) facility is currently being commissioned with food production planned to commence in the coming weeks, VERY will soon be able to meet the growing demand for its products in both Canada and in the US and further drive revenue.
As we continue to achieve our business objectives, listing on the TSXV will allow the Company to expand its shareholder base, enhance shareholder value and accelerate the Company’s M&A initiatives in pursuing strategic opportunities.”
The company also engaged Trent Collett to provide communications and investor relations services for a monthly cash fee of $3,500. Mr. Collett has also been granted 25,000 options, exercisable at a price of $5.72 until March 8, 2024, which options will vest in equal quarterly tranches over the next 12 months.
The Very Good Food Company Inc. is an emerging plant-based food technology company. www.verygoodbutchers.com