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VANCOUVER, BC, Sept. 25, 2023 /CNW/ – The Good Flour Corp. (CSE: GFCO) (OTCQB: GFCOF) (FSE: 3KZ) (“GFCO“) is happy to announce that it intends to undertake a non-brokered non-public placement to lift gross proceeds of as much as $1,200,000 (the “Providing“). The Providing consists of sophistication “A” frequent shares (every a “Share“) issued at $0.25 per Share.
GFCO intends to make use of the online proceeds of the Providing for basic company, investor relations and dealing capital functions. GFCO might pay finder’s charges in reference to the Providing. The closing of the Providing is topic to customary closing circumstances, together with the execution of definitive documentation and receipt of any required regulatory approvals.
This information launch doesn’t represent a proposal of securities on the market in america. The securities being provided haven’t been, nor will they be, registered underneath america Securities Act of 1933, as amended, and such securities will not be provided or bought inside america absent U.S. registration or an relevant exemption from U.S. registration necessities.
GFCO’s mission is to offer cooks and people with the most effective blends to create recipes with its tried and true mixes, delivering constant excellence each time. GFCO supplies eating places and grocery shops with higher for you gluten and allergen free choices: Fried Rooster Combine, All Objective Baking Flour, Fish & Chip Batter, Tempura Batter Combine, Pizza & Pasta combine, Vanilla Cake Combine, Pancake & Waffle Combine, and pizza crusts. In addition to the newly launched Patty Muffins™, a potato protein pancake combine for youths.
GFCO chooses top quality components and mixing them for style and texture to provide our clients gluten/allergen free choices to allow them to take pleasure in life with out giving up their favourite meals and get again the great meals they deserve.
For added data on The Good Flour Corp. please confer with www.goodflour.co.
This information launch comprises “forward-looking data” regarding anticipated developments and occasions associated to GFCO that will happen sooner or later. Ahead trying data contained on this information launch contains, however will not be restricted to, statements with respect to demand for GFCO’s merchandise, GFCO’s future gross sales and enterprise targets and using proceeds of the Providing.
In sure instances, forward-looking data might be recognized by way of phrases similar to “expects”, “intends”, “anticipates” or variations of such phrases and phrases or state that sure actions, occasions or outcomes “might”, “would”, or “may” suggesting future outcomes, or different expectations, assumptions, intentions or statements about future occasions or efficiency. Ahead-looking data contained on this information launch is predicated on sure elements and assumptions concerning, amongst different issues, the well timed receipt of regulatory approvals; the flexibility to supply components; the flexibility to draw certified administration and workers; the flexibility to successfully develop manufacturing and manufacturing capability; the success of market initiatives and the flexibility to develop model consciousness; the flexibility to distribute Firm’s merchandise; the flexibility to draw, keep and develop relationships with key strategic restaurant and meals service companions and GFCO will proceed to have entry to financing till it achieves profitability. Whereas GFCO considers these assumptions to be affordable, they could be incorrect.
Ahead trying data includes recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes to be materially completely different from any future outcomes expressed by the forward-looking data. Such elements embody dangers associated to basic enterprise, financial and social uncertainties; native and international market and financial uncertainties arising in respect of the COVID-19 pandemic; dangers related to provide chain for equipment and gear; litigation, availability of key product components; legislative, environmental and different judicial, regulatory, political and aggressive developments; failure to successfully develop manufacturing capability; the flexibility to acquire retail companions to distribute Firm’s merchandise; failure to draw, keep and develop relationships with key restaurant and meals service companions; altering shopper style preferences; delay or failure to obtain regulatory approvals; the sufficiency of our money to fulfill liquidity wants; failure to draw certified administration and workers, labour disputes; and the extra dangers recognized within the “Danger Elements” part of GFCO’s filings with relevant Canadian securities regulators.
Though GFCO has tried to determine elements that would trigger precise outcomes to vary materially from these described in forward-looking data, there could also be different elements that trigger outcomes to not be as anticipated. Readers shouldn’t place undue reliance on forward-looking data. The forward-looking data is made as of the date of this information launch. Besides as required by relevant securities legal guidelines, GFCO doesn’t undertake any obligation to publicly replace forward-looking data.
SOURCE The Good Flour Corp.
For additional data: Firm Contact: , 604-423-4400