good natured Products Inc. Announces the Closing of Its Acquisition of Shepherd Thermoforming & Packaging Inc.
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®") today announced it has closed the previously announced strategic acquisition of Shepherd Thermoforming & Packaging Inc. ("Shepherd") and all of its real estate for CAD$9.5 million. Shepherd is a leading thermoformer with over 35 years' experience and includes assets such as machinery, molds and a 42,000 square foot manufacturing facility, all located on...
2020-05-13 7:45 AM EDT
good natured Products Inc. Announces BDC Financing and Update on the Acquisition of Shepherd Thermoforming & Packaging Inc.
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®") today announced it has entered into a Letter of Offer with Business Development Bank of Canada ("BDC") to provide financing ("BDC Financing") for the previously announced acquisition of Shepherd Thermoforming & Packaging Inc. ("Shepherd"). Concurrent with the BDC Letter of Offer, good natured® also announced execution of an amending agreement (the...
2020-04-29 7:45 AM EDT
good natured Products Inc. Announces Year Ended December 31, 2019 Audited Financial Results
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®") today announced its audited financial results for the year ended December 31, 2019 (or "FY2019"). Key Highlights: Revenues for the year ended December 31, 2019 increased 98% to $10,098,675 compared to $5,103,347 for the year ended December 31, 2018 (the "Comparative Period"). Gross profit for the year ended December 31, 2019 was $3,473,665 compared to...
2020-04-28 7:45 AM EDT
good natured Products Inc. Launches Biodegradable Cups, Cutlery and Containers for Restaurant Take-Out and Delivery
Vancouver, British Columbia--(Newsfile Corp. - April 22, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®") today announced it has added 22 certified compostable and biodegradable cups, bowls, take-out containers, plates and cutlery to its plant-based packaging and product assortment. Image: good natured Products Inc. plant-based take-out containers
2020-04-22 7:45 AM EDT
good natured(R) Signs Commercial Agreement with U.S. Based Food and Beverage Packaging Provider
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®") today announced that it has signed a one-year commercial agreement to supply earth-friendly packaging material to SmartPac Inc. Led by industry veteran, Carey Edwards, SmartPac Inc. launched in 2019 and quickly established a customer base that is driving demand for alternatives in take-out food service and beverage packaging. The Company estimates the...
2020-03-31 7:45 AM EDT
good natured Products Inc. Continues to Process & Ship Food Packaging as Essential Business During COVID-19
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company", "good natured®" or "we/our") today provided an update on the Company's continued operations during the current COVID-19 circumstances. good natured® recognizes the critical role it plays by providing packaging to the food industry and prioritizes the importance of continuing operations through these challenging times. Our thoughts are with all those who've been personally...
2020-03-26 7:45 AM EDT
good natured Products Inc. Announces Acquisition of Shepherd Thermoforming & Packaging Inc.
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®") today announced that it has entered into a definitive agreement with the shareholders of Shepherd Thermoforming & Packaging Inc., ("Shepherd") a leading thermoformer with over 35 years' experience, to acquire 100% of Shepherd and all its real estate assets for CAD$9.5 million in cash (the "Share Purchase"). The assets include machinery, molds and a 42,000...
2020-03-03 8:17 AM EST
Beacon Securities Initiates Coverage on good natured Products Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), a North American leader in plant-based food packaging and products, has today announced that Beacon Securities has initiated analyst coverage on the Company. The research coverage on good natured® is prepared by an analyst at Beacon Securities and represents the views of the analyst. good natured® is not responsible for the content, accuracy or...
2020-02-18 9:54 AM EST
good natured(R) Signs Two Multi-Year Commercial Agreements with US Food Producers
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®") today announced that it has signed commercial agreements to supply custom designed plant-based packaging with two US food producers who distribute throughout the United States. The Company estimates the agreements will deliver between $1.7 million to $2.0 million (Canadian dollars) in organic growth on an annualized basis, and between $1.0 million to...
2020-02-05 7:45 AM EST
good natured Products Inc. Announces Closing of Final Tranche of Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), and Integral Wealth Securities Ltd. (the "Agent") today announced the closing of the final tranche ("Final Tranche") of its brokered private placement offering (the "Offering") of convertible debenture units (the "Units") announced on October 10, 2019 for aggregate gross proceeds of $3,930,000. The Company has issued a total of 3,930 Units in the...
2020-01-23 5:40 PM EST
good natured(R) Announces Preliminary Full Year 2019 Unaudited Revenue Results
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), today announced preliminary and unaudited revenue estimates ("Preliminary Revenue") for the fiscal year ending December 31, 2019 ("FY2019"). Preliminary Revenue for FY2019 is anticipated at $9.9 million to $10.2 million, an increase of 94% to 100% compared with the year ended December 31, 2018. Gross margins for FY2019 are estimated between 33.5% and...
2020-01-13 7:45 AM EST
good natured Products Inc. Announces First Tranche Closing of Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), and Integral Wealth Securities Ltd. (the "Agent") today announced the successful completion of the closing of a first tranche (the "First Tranche") of its brokered private placement offering (the "Offering") of convertible debenture units (the "Units") announced on October 10, 2019 for aggregate gross proceeds of $2,740,000. The Company expects to...
2019-12-31 5:30 PM EST
good natured(R) to Present at Singular Research Best of the Uncovered Conference on December 12, 2019
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), a North American leader in plant-based food packaging & products, today announced that Paul Antoniadis, Executive Chair & CEO, will participate in the 14th Annual Best of the Uncovered Conference on Thursday, December 12, 2019. The conference is being held at the Hilton Hotel, San Francisco Financial District, and the presentation is scheduled for...
2019-12-09 7:45 AM EST
good natured(R) Announces 217% YOY Growth for the Three Months Ended September 30, 2019
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), today announced its financial results for the three months ("Q3 FY19") and nine months ended September 30, 2019 ("YTD"). Key Highlights: Revenues for three months ended September 30, 2019 increased 217% to $3,178,495 compared to $1,003,362 for the three months ended September 30, 2018. Revenues for the nine months ended September 30, 2019 increased...
2019-11-27 7:45 AM EST
Singular Research Initiates Coverage on good natured Products Inc.
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), a North American leader in plant-based food packaging & products, today announced that Singular Research has initiated analyst coverage on the Company. A copy of the report can be obtained directly from Singular Research at research@singularresearch.com. The research coverage on good natured® is prepared by analysts at Singular Research and represents...
2019-11-22 8:00 AM EST
good natured Products Inc. announces Convertible Debenture Unit Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), today announced a brokered private placement offering (the "Offering") of convertible debenture units ("Units"), with each Unit being comprised of a CAD$1,000 principal amount, 10% subordinated unsecured convertible debenture (each, a "Debenture") due sixty (60) months from the closing date (the "Maturity Date") and 938 common share purchase warrants...
2019-10-10 4:45 PM EDT
good natured(R) to Present at Singular Research Midwestern Values Conference on September 19, 2019
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), a North American leader in plant-based food packaging & products, today announced that Paul Antoniadis, Executive Chair & CEO, will participate in the Singular Research Midwestern Values Conference on Thursday, September 19, 2019. The conference is being held at the W Hotel in Chicago, Illinois and the presentation is scheduled for 10:20 a.m. ET,...
2019-09-16 1:29 PM EDT
good natured(R) Announces Over 100% YOY Growth for the Three and Six Months Ended June 30, 2019
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), today announced its financial results for the three months ("Q2 FY19") and six months ended June 30, 2019 ("YTD"). Key Highlights: Revenues for three months ended June 30, 2019 increased 120% to $2,337,411 compared to $1,064,589 for the three months ended June 30, 2018. Revenues for the 6 months ended June 30, 2019 increased 101% to $4,393,425 compared...
2019-08-27 8:00 AM EDT
good natured Products Inc. Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®") is pleased to announce that Salil Munjal, Paul Antoniadis, Jim Zadra and Michael Thomson were re-elected as directors of the Company at the annual general and special meeting of shareholders of the Company (the "Meeting") held on June 27, 2019. Two other matters put forward to shareholders at the Meeting were also approved, namely the re-appointment of...
2019-06-27 3:31 PM EDT
good natured(R) Announces Closing of $10 Million USD Financing from Business Development Bank of Canada (BDC)
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2019) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "good natured®"), is pleased to announce that it has secured $10 million USD (approximately $13 million CAD) in growth capital from BDC Capital Inc. ("BDC" and the "BDC Financing") to further accelerate organic growth and, in the longer term, expand the Company's customer base, product assortment and market reach. The BDC Financing will be drawn down in up to three...
2019-06-11 8:00 AM EDT