The Very Good Food Company Inc. Announces Record Holiday Orders, Production Increase & New Distribution Partner
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTC: VRYYF) (FSE: 0SI) ("VGFC" or the "Company") is pleased to announce record orders for its popular holiday item "The Stuffed Beast", an increase in production volume out of the Victoria facility, and the addition of a new Canadian distribution partner.Record Orders of Holiday Specialty Product "The Stuffed Beast" Orders for vegan holiday product "The Stuffed Beast" have grown to record levels in...
2020-10-09 7:30 AM EDT
The Very Good Food Company Announces Partnership with The Pamela Anderson Foundation
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTC: VRYYF) (FSE: 0SI) ("VGF" or the "Company") is pleased to announce a charitable partnership with The Pamela Anderson Foundation (the "Foundation") to raise awareness for plant-based diets and animal rights.The Very Good Food Company Announces Partnership with The Pamela Anderson Foundation. Photo credit: Liz Rosa
2020-10-01 7:00 AM EDT
The Very Good Food Company Announces Appointment of New Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTC: VRYYF) (FSE: 0SI) ("VGFC" or the "Company") is pleased to announce the appointment of Kamini Hitkari as the Company's new Chief Financial Officer. Hitkari brings extensive experience in developing and leading financial strategy in dynamic, hyper-growth industries.CEO Mitchell Scott commented: "We are excited to welcome Kamini to Very Good Food as we continue to scale operations and expand to the United States....
2020-09-22 7:00 AM EDT
The Very Good Food Company Announces California Facility and Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 3, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTC: VRYYF) (FSE: 0SI) ("VGF" or the "Company") is pleased to announce that it is proceeding with its planned expansion into the U.S. market with a new strategically located California production facility that will significantly increase VGF's production capacity and support growth in the Company's wholesale and ecommerce sales in the United States.California Production FacilityOn September 1, 2020, the Company signed a lease...
2020-09-03 7:00 AM EDT
The Very Good Food Company Announces Q2 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTC: VRYYF) (FSE: 0SI) ("VGFC" or the "Company") today announced its second quarter ("Q2") financial results for the period ended June 30th, 2020.Second Quarter 2020 Financial HighlightsRevenues were $1,100,816 million, an increase of 395% year over yearGross profit margin of 42% over 6 month period, an improvement from 34%Total assets of $6,757,062, including a cash balance of $3,508,826Outstanding debt reduced by $1.1 millionNet...
2020-08-31 8:05 PM EDT
The Very Good Food Company Inc. Announces Logistics Partners and Provides Production Capacity Update
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2020) - The Very Good Food Company Inc. (CSE: VERY) (FSE: 0SI) ("VGFC" or the "Company") is pleased to announce that it has signed an agreement with three third party logistics providers ("3PL") to increase shipping speed and reduce associated costs for its ecommerce store orders. The Company has also made improvements to its Victoria facility to increase throughput and position the facility for a near-term ramp up in production.Third Party Logistics Providers...
2020-08-11 7:00 AM EDT
The Very Good Food Company Announces Closing of Oversubscribed $8.5 Million Bought Deal Public Offering
Vancouver, British Columbia--(Newsfile Corp. - August 7, 2020) - The Very Good Food Company Inc. (CSE: VERY) ("VGF" or the "Company") today announced the successful completion of its previously announced bought deal prospectus offering (the "Offering") of 6,555,000 units of the Company (the "Units") at a price of $1.30 per Unit for aggregate gross proceeds of $8,521,500, which included the full exercise of the over-allotment option by the underwriter for the Offering, Canaccord Genuity Corp. ("Canaccord").Mitchell Scott, VGF's Chief Executive...
2020-08-07 12:25 PM EDT
The Very Good Food Company Announces Listing On Frankfurt Stock Exchange
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2020) - The Very Good Food Company Inc. (CSE: VERY) ("VGFC" or the "Company") is pleased to announce that its common shares were accepted for listing on the Frankfurt Stock Exchange (FSE) under the trading symbol (0SI). The Company's common shares are now cross-listed on the Canadian Securities Exchange (CSE) and the FSE. CEO Mitchell Scott stated that: “Since our initial listing in Canada, we have been fortunate to receive inquiries from...
2020-07-27 2:27 PM EDT
The Very Good Food Company Announces Significant Growth in its Online Initiatives
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2020) - The Very Good Food Company Inc. (CSE: VERY) ("VGFC" or the "Company") today reported statistics related to the increase in traffic across its ecommerce store, social media channels and newsletter subscribers.Ecommerce GrowthConsistent efforts by the Company to increase online traffic and expand its direct to consumer business have shown significant progress. Metrics for the most recent 4 month period highlight considerable growth across key data points. These include an increase in...
2020-07-09 6:00 AM EDT
The Very Good Food Company Inc. Announces Increased Retail Distribution, Team Expansion & New Product Launches
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2020) - The Very Good Food Company Inc. (CSE: VERY) ("VGFC" or the "Company") is pleased to announce a significant increase in its distribution network as part of its continued focus on scaling operations. As a result of the new agreements, the Company has expanded its points of distribution by over 30%.Expanded Distribution Effective July 1st, 2020, a new distribution agreement with Nesters Market and Buy-Low Foods came into effect for The...
2020-07-02 6:00 AM EDT
The Very Good Food Company Concludes a Successful First Trading Day on the CSE Under the Ticker Symbol VERY
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2020) - The Very Good Food Company Inc. (CSE: VERY) ("VGF" or the "Company") is pleased to announce the successful completion of its first day trading as a public company. Over two million shares were traded on the initial debut, with a resulting significant increase in the share price.Message from the CEO"We were very pleased to see investors welcome our company to the public markets with open arms. After months of...
2020-06-19 6:00 AM EDT
The Very Good Food Company Completes Initial Public Offering and Will Commence Trading on the CSE Under the Ticker Symbol VERY
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2020) - The Very Good Food Company Inc. (CSE: VERY) ("VGF" or the "Company") is pleased to announce the successful completion of its initial public offering (the "Offering"), including the full exercise of the over-allotment option by the agent for the Offering, Canaccord Genuity Corp. ("Canaccord"), resulting in the issuance of 16,100,000 common shares of the Company ("Common Shares") at a price of $0.25 per Common Share for gross proceeds of $4,025,000.The Common...
2020-06-17 4:25 PM EDT
The Very Good Food Company Announces Launch of Its Very Good Butchers Brand of Plant-Based Meat Alternatives in Select Whole Foods Market Stores
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - The Very Good Food Company Inc. ("VGF") is pleased to announce that effective May 22, 2020, select Whole Foods Market stores in Vancouver and Victoria, British Columbia are now carrying our flagship Very Good Butchers brand of plant-based meat alternative products. Products currently being offered at Whole Foods include our locally loved Very Good Burger, Smokin' Burger, British and Smokin' Bangers as well as our versatile Taco Stuffer....
2020-05-26 8:30 AM EDT
The Very Good Food Company Inc. Files Preliminary Prospectus for Initial Public Offering of Common Shares
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2020) - The Very Good Food Company Inc. ("VGFC" or the "Company") today announced that it has filed and obtained a receipt for a preliminary prospectus with the securities regulatory authorities in each of the provinces of British Columbia, Alberta, Saskatchewan and Ontario for a proposed initial public offering of 14,000,000 of its common shares at a price of $0.25 per common share for gross proceeds of $3,500,000 (the "Offering"). The Offering will...
2020-01-13 6:45 PM EST