Global Gardens Group Acquisition Group Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com

June 24, 2015 3:19 PM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2015) - Global Gardens Group Acquisition Group (CSE: VGM) is one of the latest new listings on the Canadian Securities Exchange. The company is in the consumer products sector and is involved with "dairy-free" products, which is a $2.0+ billion market in North America and growing in double digits annually

InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Global Gardens" in the search box.

Under development since 2003, the operating subsidiary's proprietary vegetable-based product formula consists of pea protein and tapioca, among other ingredients.

Global Gardens will initially sell its non-dairy milk product in Canada under the brand "Veggemo" in a shelf stable format. As market demand grows, the company intends to launch the Veggemo brand in a chilled format and begin to penetrate the U.S. market. The company plans to sell its product through grocery stores, mass merchandiser stores, drug stores, and health food stores. It plans to go into commercial production and begin to ship product and thus generate revenue approximately four months following the date of listing on the Exchange.

Rob Harrison, President and CEO stated: "After nearly four years of research, product development and testing and package design, we are thrilled to have secured financing to roll out our product across Canada. The Dairy-free sector is witnessing dynamic growth led by the development of plant-based Food and Beverages. Strengthened by a veteran management team with Fortune 500 consumer packaged goods company experience, Global Gardens is looking forward to launching our proprietary brand in the market place."

Prior to listing, the company completed a combination of non-brokered and brokered private placements of 17,092,480 units at $0.25, raising gross proceeds of approximately $4.3 million.

A syndicate led by Euro Pacific Canada placed 4,960,000 units. Each unit consisted of 1 share and 1 warrant, with each warrant exercisable at $0.40 for 60 months.

For more information please visit the company website www.globalgardensgroup.com, contact Rob Harrison, President & CEO, at 604-295-7075 or email rob@globalgardensgroup.com.

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