GREEN RISE FOODS INC. ("GRF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 29, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Asset Purchase Agreement dated April 1, 2022 and an Amending Agreement dated May 30, 2022 (collectively the "Agreements"), pursuant to which the Company has indirectly acquired a 16-acre greenhouse range located on a 34-acre farm in Kingsville, Ontario from arm's length sellers; 2073834 Ontario Limited, a company principally owned and controlled by Adam Suder. The acquisition was approved by disinterested shareholders on June 29, 2022.
Pursuant to the Agreements, the Company has paid CAD$15,000,000 in cash as consideration.
For further details, please refer to the Company's news releases dated April 6, 2022, May 11, 2022 and July 4, 2022.
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