August 17, 2022


Business Activity

The Very Good Food Company Announces Application to List on NASDAQ

VANCOUVER, British Columbia–(Company WIRE)–The Very Great Foods Company Inc. (TSXV: Pretty.V) (OTCQB: VRYYF) (FSE: 0SI) (“Pretty Superior” or the “Company“), a primary plant-based food items technologies company, is pleased to announce that it has submitted an preliminary software to checklist on The Nasdaq Stock Market LLC (“Nasdaq“). The Business is pursuing a Nasdaq listing to improve its investor profile with the goal of driving shareholder value. This initiative allows the Organization to speed up its business enterprise approach concentrated on world wide growth into the United States (“US“) and Europe, whilst attracting institutional and retail investors as perfectly as potential M&A possibilities. Really Excellent is searching for to even more expand its retail and eCommerce footprint organically and via strategic enterprise possibilities that enhance its product group growth and distribution strategies. Incredibly Excellent submitted its software to listing at the beginning of September and is in the ultimate phases of Nasdaq’s evaluation method.

“A Nasdaq listing represents a important milestone in our development as a publicly-traded company,” stated Mitchell Scott, CEO and Co-Founder of The Incredibly Good Meals Co. “We feel that listing in the US will unlock numerous chances to improve corporate visibility, boost liquidity and broaden total awareness of The Really Fantastic Foodstuff Co. to a more substantial trader base while driving worth for our shareholders.”

The listing of the Company’s common shares (“Shares“) on Nasdaq remains subject to the overview and acceptance of the listing software and the pleasure of all applicable listing and regulatory prerequisites, including approval of a registration assertion to be submitted by the Enterprise with the U.S. Securities and Exchange Fee (the “SEC”). The Company will continue to preserve the listing of its Shares on the TSX Undertaking Trade underneath the symbol “Quite”.

About The Extremely Excellent Food stuff Firm Inc.

The Quite Fantastic Food items Corporation Inc. is an rising plant-dependent foods technological innovation business that creates wholesome and scrumptious plant-dependent meat and cheese merchandise beneath Incredibly GOOD’s core brand names: The Incredibly Great Butchers and The Quite Good Cheese Co.

OUR MISSION IS LOFTY, BADASS BUT Beautifully Simple: GET Millions TO RETHINK THEIR Foodstuff Alternatives While Aiding THEM DO THE World A Earth OF Very good. BY Presenting PLANT‑BASED Food items Options SO Delectable AND Healthy, WE’RE Assisting THIS Form OF Diet Become THE NORM.

Ahead-On the lookout Information

This news release incorporates ahead-wanting data for the intent of offering details about management’s existing anticipations and options relating to the long term. Viewers are cautioned that reliance on this sort of information and facts might not be appropriate for other needs. Any such forward-searching data may possibly be determined by words this sort of as “proposed”, “expects”, “intends”, “may perhaps”, “will”, and similar expressions. Ahead wanting facts contained or referred to in this information launch contains statements relating but not restricted to: the probable listing of Really GOOD’s Shares on Nasdaq, the timing thereof and the capability to fulfill all relevant listing and regulatory needs (which includes, but not limited to, satisfaction of Nasdaq’s bare minimum bid selling price prerequisites, and approval of the registration statement to be submitted with the SEC), the rewards to be supplied to the Company by a Nasdaq listing, chances for Extremely GOOD’s growth, Really GOOD’s exposure to intercontinental traders and the liquidity of its securities and any regulatory or other approvals demanded in link therewith. Forward-searching facts is primarily based on a number of things and assumptions which have been applied to establish this sort of data, but which may well establish to be incorrect including, but not constrained to, substance assumptions with regard to Incredibly GOOD’s potential to get hold of a listing on Nasdaq, the situation of money marketplaces, the availability of ample financing on acceptable terms to fund Pretty GOOD’s funds and operating prerequisites, the continued strong demand for Pretty GOOD’s products, the profitable placement of Quite GOOD’s items in retail outlets and ongoing e-Commerce growth, Extremely GOOD’s capability to properly enter new marketplaces and take care of its worldwide growth, Quite GOOD’s means to enhance manufacturing ability and attain the vital creation devices, the availability of labour as well as the precision of development schedules and price estimates for the commissioning of creation lines at Incredibly GOOD’s Rupert and Patterson services and the well timed receipt of needed permits, Quite GOOD’s partnership with its suppliers, distributors and third-party logistics suppliers, and the Firm’s means to posture Quite Good competitively. Even though the Business thinks that the expectations reflected in such forward-seeking info are affordable, undue reliance should really not be put on ahead-on the lookout data for the reason that Incredibly Great can give no assurance that these kinds of expectations will prove to be suitable. Dangers and uncertainties that could cause actual effects, effectiveness or achievements of Incredibly Great to differ materially from individuals expressed or implied in these kinds of ahead-seeking information and facts involve, amongst other people, the impression of, uncertainties and pitfalls related with the ongoing COVID-19 pandemic, unfavorable hard cash movement and future funding prerequisites to maintain and increase functions, limited history of operations and revenues and no background of earnings or dividends, enlargement of amenities, level of competition, availability of raw resources, dependence on senior administration and vital staff, basic company possibility and liability, regulation of the meals business, transform in guidelines, laws and rules, compliance with rules, unfavourable publicity or purchaser perception, product liability and solution remembers, dangers connected to mental residence, issues with forecasts, administration of advancement and litigation. For a far more complete dialogue of the challenges confronted by Very Very good, make sure you refer to Very GOOD’s most the latest Yearly Information Sort filed with Canadian securities regulatory authorities at The forward-hunting info in this information launch displays the present anticipations, assumptions and/or beliefs of the Business dependent on facts at this time available. Any ahead-seeking data speaks only as of the day on which it is designed and, apart from as could be essential by applicable securities guidelines, Incredibly Great disclaims any intent or obligation to update any ahead-on the lookout data, whether or not as a consequence of new information and facts, long term situations or results or in any other case. The forward-looking information and facts contained in this information launch is expressly qualified by this cautionary statement.

None of the Nasdaq, TSX Venture Trade, the SEC or any other securities regulator has possibly authorised or disapproved the contents of this information release. None of the Nasdaq, the TSX Enterprise Exchange or its Regulation Providers Service provider (as that phrase is defined in the procedures of the TSX Venture Trade), the SEC or any other securities regulator accepts duty for the adequacy or accuracy of this news launch.