Good Natured Products Inc. Announces Closing of CCAA Sale Transaction
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2024) - good natured Products Inc. (the "Company" or "good natured®") (TSXV: GDNP.H) (OTC Pink: GDNPF), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced the closing of the previously disclosed transaction (the "Transaction") pursuant to which HUK 149 Limited (the "Purchaser"), a private United Kingdom limited company, an affiliate of UK based turnaround investor Hilco Capital, acquired the Company and its subsidiaries, other than certain...
2024-11-15 5:55 PM EST
Good Natured Products Inc. Obtains CCAA Court Approval of Sale
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - good natured Products Inc. (TSXV: GDNP.H) (OTC Pink: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, announced today that the Supreme Court of British Columbia (the "Court") has approved, pursuant to an approval and reverse vesting order granted under the Companies' Creditors Arrangement Act (the "CCAA"), the previously announced transaction (the "Transaction") whereby HUK 149 Limited, a private United...
2024-11-01 2:30 PM EDT
Good Natured Products Inc. Provides Update on Restructuring of Business Operations and Financial Affairs
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - good natured Products Inc. (TSXV: GDNP.H) (OTC Pink: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, has provided an update on the restructuring of its business operations and financial affairs under the Companies' Creditors Arrangement Act (the "CCAA") proceeding pursuant to the order (the "Initial Order") obtained from the Supreme Court of British Columbia (the "Court") under the CCAA...
2024-10-24 8:53 AM EDT
Good Natured Products Inc. Announces Second Quarter 2024 Results
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2024) - good natured Products Inc. (TSXV: GDNP) (OTC Pink: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced its financial results for the three months ended June 30, 2024 ("Q2 2024").Q2 2024 HighlightsRevenue of $16.0 million compared to $18.3 million for the three months ended June 30, 2023 ("Q2 2023") and $14.1 million for the three months ended March 31,...
2024-08-29 6:00 AM EDT
Good Natured Products Inc. Issues Update on Restructuring of Business Operations
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2024) - good natured Products Inc. (TSXV: GDNP) (OTC Pink: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, announced today that pursuant to the order (the "Initial Order") obtained from the Supreme Court of British Columbia Justice (the "Court") under the Companies' Creditors Arrangement Act (the "CCAA") on June 28, 2024, the Company sought and was granted by the Court on July...
2024-07-11 8:50 PM EDT
Good Natured Products Inc. Announces CFO Transition
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQX: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced that Kevin Leong has been appointed interim Chief Financial Officer. Mr. Leong succeeds Kerry Biggs, who will be leaving the Company to pursue other opportunities, effective July 19, 2024.Mr. Leong has been part of the good natured® team since 2017 and served as the Company's...
2024-07-02 5:00 PM EDT
Good Natured Products Inc. Announces Restructuring of Business Operations to Pursue Sale & Investment Process
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, announced that the Company sought and obtained an order (the "Initial Order") from the Supreme Court of British Columbia Justice (the "Court") under the Companies' Creditors Arrangement Act (the "CCAA"), in order to restructure its financial affairs. The Company and its subsidiaries will file...
2024-06-28 6:55 PM EDT
Good Natured Products Inc. Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announces that further to its new releases dated February 14, 2024 and March 22, 2024, the Company has closed its previously announced non-brokered private placement offering (the "Offering"). The Company issued a total of 15,639,998 units (each a "Unit") at $0.06 per Unit...
2024-06-21 5:00 PM EDT
Sustainable Bakery Packaging: Top Trends to Watch at IDDBA 2024
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced that Paul Antoniadis, Chair and CEO of good natured®, will be featured at a live session covering sustainable packaging trends at the International Dairy Deli Bakery Association (IDDBA) trade show, the largest industry-only gathering for dairy, deli, bakery and foodservice industries, being...
2024-06-04 9:00 AM EDT
Good Natured Products Inc. Announces First Quarter 2024 Results
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced its financial results for the three months ended March 31, 2024 ("Q1 2024").Q1 2024 HighlightsRevenue of $14.1 million compared to $20.3 million for the three months ended March 31, 2023 ("Q1 2023") and $18.6 million for the three months ended December 31,...
2024-05-30 6:00 AM EDT
Good Natured Products Inc. Announces Extension of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced that the TSX Venture Exchange (the "TSXV") has agreed to extend the closing of its non-brokered private placement financing (the "Offering"), first announced on February 14, 2024 and previously extended to April 22, 2024 and May 19, 2024, to on or before...
2024-05-21 6:00 AM EDT
Good Natured Products Inc. Announces Completion of Partial Redemption of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced it has completed the partial redemption (the "Partial Redemption") of its 10.0% convertible unsecured subordinated debentures due December 15, 2029 (the "Convertible Debentures"). As outlined in the Company's press release dated April 30, 2024, debentureholders approved an extraordinary resolution regarding amendments to the...
2024-05-08 5:57 PM EDT
Good Natured Products Inc. Announces Approval of Amendments to Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced that at a special meeting held today of the holders (the "Debentureholders") of its 7.0% convertible unsecured subordinated debentures due October 31, 2026 (the "Convertible Debentures"), the Debentureholders approved an extraordinary resolution regarding amendments to the Convertible Debentures (the "Convertible Debenture Amendments") as...
2024-04-30 5:00 PM EDT
Good Natured Products Inc. Announces Fourth Quarter 2023 Results
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, today announced its financial results for the three months ended December 31, 2023 ("Q4 2023").Q4 2023 HighlightsRevenue of $18.6 million compared to $23.3 million for the three months ended December 31, 2022 ("Q4 2022") and $19.4 million for the three months ended September 30,...
2024-04-30 6:00 AM EDT
Good Natured Products Inc. Announces Extension of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in plant-based products, announces that the TSX Venture Exchange (the "TSXV") has agreed to extend the closing of its non-brokered private placement financing (the "Offering"), first announced on February 14, 2024 and previously extended on April 22, 2024, to on or before May 19, 2024. The Offering shall be composed of the sale of...
2024-04-19 5:19 PM EDT
Good Natured Unveils Advanced Electrostatic Protection for Tech and Pharma Packaging
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in plant-based products, is thrilled to announce advancements in the realm of bio-based plastic extrusion, specifically for value-added material properties and services that are critically important in the electronics, automotive and pharmaceutical sectors.
2024-04-16 9:00 AM EDT
Good Natured Products Inc. Announces Proposal to Amend Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in plant-based products, announces today a proposal to amend the terms of its 7.0% convertible unsecured subordinated debentures in the principal amount of $17,250,000 due October 31, 2026 (the "Convertible Debentures"). This effort is intended to improve financial flexibility, lower finance costs, and strengthen the Company's balance sheet.The proposed amendments to the Convertible Debentures...
2024-04-11 5:30 PM EDT
Good Natured Products Inc. Announces First Tranche Closing of Its Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in plant-based products, announces that, further to its press release dated February 14, 2024, it has closed the first tranche ("First Tranche") of a non-brokered private placement financing (the "Offering"), by issuing 15,639,998 units (each a "Unit") at $0.06 per Unit for gross proceeds of $938,399.88.Each Unit consisted of one common share in the...
2024-03-22 6:00 AM EDT
Top 5 Agri-Food Packaging Trends to Watch at Indoor Ag-Con Vertical Farming Conference
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in plant-based products, is pleased to release its top five agri-food packaging trends shaping the industry ahead of Indoor Ag-Con, the largest vertical farming and controlled environment agriculture gathering, being held in Las Vegas on March 11-12, 2024.
2024-03-05 9:00 AM EST
Good Natured Executes Mortgage Refinancing for Its Brampton, Ontario Facility
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2024) - good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the "Company" or "good natured®"), a North American leader in plant-based products, announced that it signed a definitive agreement with a major Canadian financial institution on February 13, 2024 to refinance the mortgage outstanding with Business Development Bank of Canada ("BDC") on the land and building located at the Company's Brampton, Ontario facility.Under the terms of the agreement, the BDC mortgage will be refinanced with...
2024-02-20 5:30 PM EST