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The Very Good Food Company Inc. - CEO, Mitchell Scott (Right) - The Market Herald Canada
CEO, Mitchell Scott (Right)
Source: Peninsula News Review
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  • The Very Good Food Company Inc. (VERY) has received approval to list its shares on the TSXV effective March 17
  • The company's trading symbol "VERY" will remain unchanged
  • Shares will continue to be listed on the OTCQB
  • The last day of trading on the CSE will be March 16
  • The company has engaged Trent Collett to provide communications and investor relations services
  • The Very Good Food Company Inc. is an emerging plant-based food technology company
  • The Very Good Food Company (VERY) opened trading at C$5.87 per share

The Very Good Food Company (VERY) has received final approval to list its shares on the TSXV effective 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". The last day of trading on the CSE 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 has 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 that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives.

The Very Good Food Company (VERY) opened trading at C$5.87 per share.

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