Purebread Brands Inc. Announces Closing of Second Tranche of Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce that, further to the Company's news releases on March 13, 2025 and October 2, 2025, it has completed the second tranche of its previously announced shares for debt transaction (the "Debt Settlement") and issued to certain creditors of the Company an aggregate of 640,000 units (the "Units") at an average price of approximately $1.22 per Unit, in full and final...
2025-12-12 2:53 PM EST
Purebread Brands Inc. Reports Q2 2026 Results
Year-to-date adjusted EBITDA (1): $1.5 million, improved 1700% YoYYear-to-date gross margin: 64%, improved from 62% YoYYear-to-date operating expenses: decreased 32% YoYVancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce its financial results for the three and six months ended September 30, 2025, the highlights of which are included in this news release. The full set of Condensed Consolidated Interim Financial Statements and Management Discussion and Analysis...
2025-12-01 4:47 PM EST
Purebread Brands Inc. - Confirmation of No Material Change
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - At the request of CIRO, Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.About Purebread Brands Inc.:Purebread Brands Inc. operates a chain of fast-casual café and bakery locations in British Columbia. The Company's principal business activities include the operations of Purebread Bakery Inc. ("Purebread...
2025-11-05 12:23 PM EST
Purebread Brands Inc. Reports Q1 2026 Results
Annual adjusted EBITDA (1): $1.0 million, improved 300% YoYQuarterly gross profit percentage: 65%, improved from 61% in Q1 2025Total operating expenses in Q1 2026 reduced by 45% compared to Q4 2025, and reduced by 28% compared to Q3 2025Quarterly revenue: $3.6 million, down 10% YoYVancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce its Q1 2026 financial results, the highlights of which are included in this news...
2025-10-10 5:25 PM EDT
Purebread Brands Inc. Announces Receipt of Demand Letter
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") announces that its wholly owned subsidiary, Coho Acquisition Corp. (the "Borrower"), has received a demand letter (the "Demand Letter") from the Bank of Montreal (the "Bank") in respect of amounts owed under a letter of agreement dated June 28, 2023, as amended (the "Letter of Agreement"), among the Bank, the Borrower, and Purebread Bakery Inc. as guarantor.In the Demand Letter, the Bank demanded immediate...
2025-10-08 2:44 AM EDT
Purebread Brands Inc. Reports FY 2025 Results
Annual revenue: $16 million, up 51% YoYAnnual gross profit: $10.0 million, up 42% YoYAnnual adjusted EBITDA (1): $(0.3) million, improved 82% YoYVancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce its financial results for the year ended March 31, 2025 ("FY 2025"). Highlights for FY 2025 and for the three months ended March 31, 2025 ("Q4 2025"), are outlined below, with the complete Consolidated Financial Statements and...
2025-10-06 9:00 AM EDT
Purebread Brands Inc. Announces Extension to Management Cease Trade Order and Closing of First Tranche of Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") announces that it has been granted an extension by its principal regulator, the British Columbia Securities Commission (the "BCSC"), for the existing management cease trade order (the "MCTO"). The MCTO, originally granted on July 31, 2025, has been extended from September 29, 2025, to October 3, 2025. The MCTO was issued because the Company was unable to file its audited annual financial statements, related...
2025-10-02 9:00 AM EDT
Purebread Brands Provides Further Update on Management Cease Trade Order
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is providing a bi-weekly update on the status of its Management Cease Trade Order ("MCTO") granted by the British Columbia Securities Commission on July 31, 2025. The MCTO was granted due to the Company's inability to file its audited annual financial statements, related MD&A, and CEO and CFO certifications for the year ended March 31, 2025 (the "Required Filings") by the July...
2025-09-11 8:36 PM EDT
Purebread Brands Provides Update on Management Cease Trade Order
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is providing a bi-weekly update on the status of its Management Cease Trade Order ("MCTO") granted by the British Columbia Securities Commission on July 31, 2025. The MCTO was granted due to the Company's inability to file its audited annual financial statements, related MD&A, and CEO and CFO certifications for the year ended March 31, 2025 (the "Required Filings") by the July...
2025-08-28 7:00 PM EDT
Purebread Brands Provides Update on Management Cease Trade Order
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company"), provides an update on the status of its Management Cease Trade Order ("MCTO") granted by the British Columbia Securities Commission under National Policy 12-203 Management Cease Trade Orders. The MCTO was issued due to the Company's inability to file its audited annual financial statements, related MD&A, and CEO and CFO certifications for the year ended March 31, 2025 (the "Required Filings") by...
2025-08-14 8:27 PM EDT
Purebread Brands Granted Management Cease Trade Order and Announces Resignations of Board Members
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company"), applied for a Management Cease Trade Order (the "MCTO") in connection with the delay in filing its audited annual financial statements, the related management's discussion and analysis and CEO and CFO certifications for the financial year ended March 31, 2025 (collectively, the "Required Filings"). Purebread was obligated to file the Required Filings on or before July 29, 2025 (the "Filing Deadline") in...
2025-07-31 5:48 PM EDT
Purebread Brands Inc. Announces Appointment of CFO
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") announces that it has engaged Tatenda Muhle to provide Chief Financial Officer (CFO) services.Tatenda Muhle, CPA, is an accomplished financial accountant; specializing in reporting, group consolidations, and IFRS/US GAAP compliance. He has extensive experience in managing audits, preparing financial statements, and advising on complex transactions like IPOs and business combinations. Tatenda excels in financial analysis, risk management, and internal control improvements, mentoring...
2025-06-24 5:00 PM EDT
Purebread Brands Inc. Announces Completion of Consolidation
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce that, further to the Company's press releases on March 13, 2025 and April 4, 2025, it has completed a consolidation of its issued and outstanding share capital on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation common shares (the "Consolidation"). The Consolidation was effective at the opening of markets on April 8, 2025....
2025-04-08 8:00 AM EDT
Purebread Brands Inc. Announces Effective Date of Consolidation
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce that, further to the Company's press release on March 13, 2025, the Company is proceeding with a consolidation of its issued and outstanding share capital on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation common shares (the "Consolidation"). No fractional shares will be issued as any fractional share will be rounded to the...
2025-04-04 8:00 AM EDT
Purebread Brands Inc. Announces $5,577,570 Debt-to-Equity Conversion and 5-for-1 Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce that it has entered into multiple shares-for-debt agreements with select lenders to convert $5,577,570 of outstanding debt (the "Debt Settlement") into an aggregate of 22,310,279 common shares of the Company ("Common Shares") at a price of $0.25 per Common Share, strengthening the Company's balance sheet and enhancing financial flexibility for future growth initiatives. Additionally, the Company will...
2025-03-13 2:22 PM EDT
Purebread Brands Inc. Reports Q3 2025 Results
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce that it has filed its unaudited Q3 2025 financial results, the highlights of which are included in this news release. The unaudited Condensed Consolidated Interim Financial Statements and Management Discussion and Analysis ("MD&A") for the three and nine months ended December 31, 2024, can be viewed on the Company's website at www.purebreadbrands.com or on its profile at SEDAR+...
2025-03-04 12:00 AM EST
Purebread Appoints Amrit Maharaj as Interim CEO
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company"), is pleased to announce the appointment of Amrit Maharaj as Interim CEO, effective immediately. Maharaj, who currently serves as Chief Operating Officer (COO) of the Company, succeeds Andrew Barnes, who has stepped down as Chief Executive Officer.Amrit Maharaj steps into the Interim CEO role with extensive leadership experience and a strong background in growth, partnerships, and brand building. Having co-founded Purebread (formerly...
2025-02-04 9:30 AM EST
Purebread Launches the "Breadwinner Program" to Drive Expansion with Individual Location Partnerships and Provides Management Updates
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2025) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company"), an award-winning bakery brand, is excited to announce the launch of its Partnership Program, an innovative partnership vehicle designed to fuel Purebread's North American expansion. This unique program allows select partners to fund individual bakery locations, providing critical growth capital while Purebread maintains operational control to ensure brand quality and consistency.Strategic Expansion with Partner SupportWith a longstanding history of profitability and...
2025-01-07 9:30 AM EST
Purebread Brands Inc. Reports Q2 2025 Results
Quarterly revenue: $4.7 million, up 188% YoYQuarterly gross profit: $3.0 million, up 121% YoYPositive adjusted EBITDA(1): $0.4 millionOperating expenses: Reduced 7% from Q1 2025 and 13% from Q4 2024Vancouver, British Columbia--(Newsfile Corp. - November 29, 2024) - Purebread Brands Inc. (TSXV: BRED) ("Purebread" or the "Company") is pleased to announce its Q2 2025 financial results. Highlights are outlined below, with the complete Condensed Consolidated Interim Financial Statements and Management Discussion and Analysis available on the Company's website at www.purebreadbrands.com or...
2024-11-29 9:00 PM EST
BRED Celebrates Strong September with $1.5M in Sales, One-Year Anniversary of Purebread Ownership, and Record Online Thanksgiving Orders
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2024) - Purebread Brands Inc. (TSXV: BRED) ("BRED", "Purebread", or the "Company") is excited to announce its highest September revenue ever which coincides with a significant milestone: one year of ownership of the renowned Purebread Bakery brand ("Purebread Bakery").BRED has again achieved significant growth, driven by increasing demand across all locations and the successful integration of Purebread Bakery into its portfolio. This achievement is underscored by the Company's strong financial performance, reporting record...
2024-10-18 9:00 AM EDT