James v Redcats (Brands) Ltd

Plant&Co Announces Results of Annual General and Special Meeting

Tuesday, September 14, 2021 - 1:00pm

All nominated directors and proposed resolutions approved by shareholders

Key Points: 
  • Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF) ("Plant&Co" or the "Company"), a modern health and wellness company curating delicious plant-based foods, is pleased to report the results from its 2021 Annual General and Special Meeting (the "Meeting") of shareholders held on September 2, 2021 (the "Meeting").
  • A total of 35,302,869 common shares were voted at the Meeting, representing 33.8% of the issued and outstanding common shares of the Company.
  • Furthermore, the support at the special meeting provides a mandate for our new board members to execute on expansion plans into 2022 and take Plant&Co to the next level.
  • Plant&Co.

Plant&Co's Holy Crap Cereals Increases Production to Fulfill Orders from New Distribution Partners Including Longo's

Thursday, September 2, 2021 - 1:00pm

Holy Crap Breakfast Cereals continues growth trajectory adding 36 new Longo's locations

Key Points: 
  • In early 2021, Sobeys' parent company acquired a 51% stake in Longo's and its Grocery Gateway e-commerce business.
  • "Specialty grocery markets like Longo's are interested in our Holy Crap Breakfast Cereals because they care about the quality of product they sell to their customers.
  • Holy Crap is an organic breakfast cereal for today's consumer that expects their food to work hard for them.
  • It offers a growing number of delicious plant-based food products through two leading plant-based brands Holy Crap Foods Inc. and YamChops, the vegan butcher.

Plant&Co Announces Second Quarter Financial Results

Tuesday, August 31, 2021 - 5:33am

Posts record revenue and gross profit margins as the recently acquired YamChops and Holy Crap Brands start to gain sales momentum

Key Points: 
  • For the second quarter ended June 30, 2021, general and administrative expense was $1,111,746 a decrease of 53.8% from first quarter.
  • Accounting entries have been made on these two items which follows IFRS financial reporting standards.
  • Excluding the NON-CASH items, the total comprehensive loss this quarter was $1,484,410.
  • In the first quarter 2021, Plant & Co. made two important acquisitions in the plant-based food sector, acquiring YamChops and Holy Crap Brands.

Plant&Co Announces Signing of Arrangement Agreement

Monday, August 9, 2021 - 8:00am

Executing on plan to spin out its cannabis related assets to unlock dormant shareholder value

Key Points: 
  • On completion of the Arrangement, Spinco will become a reporting issuer in the Provinces of British Columbia, Alberta, and Ontario.
  • Prior to entering into the Arrangement Agreement, the Company entered into an asset purchase agreement (the "Asset Purchase Agreement") with Spinco whereby Spinco purchased the Assets from the Company for a purchase price of $1,000,000 payable by the issuance of 10,000,000 common shares of Spinco (the "Spinco Shares") at a deemed price of $0.10 per Spinco Share.
  • The Plant&Co Shareholders of record as at the Record Date will be eligible to vote on the Arrangement.
  • The Arrangement Agreement and Circular will be posted on SEDAR under the profile of Plant&Co.