Billy Goat Brands Affiliate The Vegetarian Butcher Appoints Kris Dahl to Board of Directors
Mr. Dahl brings over 25 years of financial and operational expertise to the company
VANCOUVER, British Columbia, Sep 28, 2021 (GLOBE NEWSWIRE) – Billy Goat Brands Ltd. (the “Company” or “Billy Goat”) (CSE: GOAT), a venture capital platform focused on the identification, sponsorship and environmental, social and governance incubation (“ESG“) companies focused on the blue economy, is pleased to announce the appointment of Mr. Kris Dahl to the Board of Directors (the”Plankâ) From Le Boucher VÃ©gÃ©tarien (âTVB“). TVB operates in the plant-based meat business with two retail outlets in Kelowna and Vancouver, British Columbia. TVB is one of the companies currently owned by GOAT and plans to become the number one plant-based meat company in Canada, while providing high quality vegan meat products and brands to consumers.
Mr. Dahl is currently the COO (“COO“) and a Director of GOAT and brings over 25 years of financial and operational experience with a focus on business investment and lending to the Board of Directors of TVB. He is also the Founder and Managing Director of Greenbridge Capital Corp ., a specialty lender that provides liquidity to law firms and their clients. Kris’ areas of expertise include negotiations, project and corporate finance, business development and operations management, which focus on will all combine to help TVB through its next stage of growth as it continues to expand its presence in retail and global operations.
Mr. Dahl’s appointment to the TVB Board of Directors is strategically aligned with GOAT’s mission to be a partner of choice in the food technology, functional foods, plant-based alternatives and blue economy. With the opportunity to continue to drive Billy Goat Brands’ strategy to have a positive impact for its partners while offering an ESG investment solution to investors.
âI am delighted to have been appointed to the TVB Board of Directors, as we continue to move the industry forward through one of the companies owned by GOAT,â said Kris Dahl, COO and Director of GOAT. âOn behalf of GOAT, we are happy to see the progress TVB has made so far and are proud of this investment, as TVB continues to provide meat alternatives not only to vegetarians and vegans, but also to others. health conscious consumers. I look forward to supporting the company’s goals and we will continue to prioritize strong corporate governance and sustainable growth in the vegetable meat industry for TVB, âadded Mr. Dahl.
“We are delighted that Mr. Dahl is joining our Board of Directors, to bring him closer to the business and to provide the capital markets and other advisory services that are at the heart of GOAT’s value proposition for companies. corporate issuers, âsaid Blair Lowther, Managing Director and Director. from TVB. âAs our businesses continue to become the customer’s preferred grocer for plant-based meat products, we look forward to leveraging Mr. Dahl’s extensive experience to help guide TVB and drive our growth. in the future, âadded Lowther.
Commitment of market makers
In addition, the Company is pleased to announce that it has retained the services of Integral Wealth Securities Limited (âIntegralâ or the âMarket Makerâ) to provide market making services (the âServicesâ). . Integral was selected with the objective of maintaining a reasonable market and improving the liquidity of Billy Goat shares. Pursuant to the agreement between the Market Maker and the Company (the âFull Agreementâ), the Company has agreed to initially pay Integral a fixed cash fee of $ 6,000 plus applicable taxes, per month. The initial term of the Comprehensive Agreement will be three months, unless terminated early with 30 days written notice.
Integral’s Services will also consist of correcting temporary imbalances in supply and demand for Company shares. The Market Maker will be responsible for the costs it incurs in buying and selling shares of the Company, and no third party will provide funds or securities for the Services. Integral will not receive any securities from the Company as compensation, and Integral does not currently own any Billy Goat securities. However, the Market Maker and his clients may acquire a direct interest in the securities of the Company. Billy Goat and Integral are independent and unaffiliated entities; Integral is at arm’s length from the Company. The Market Maker is a member of the Investment Industry Regulatory Organization of Canada and a member of the TSX Venture Exchange.
ABOUT BILLY GOAT BRANDS
Billy Goat Brands is a venture capital platform focused on investing in high potential companies operating in the blue economy. It intends to achieve these objectives by identifying and investing in the securities of private companies involved in the agri-food industry, with an emphasis on: (i) vegetable proteins, (ii) functional foods, (iii) food technology and (iv) fermented foods. The Company expects to generate returns on its investments through various outcomes including, but not limited to, IPO transactions, mergers or acquisitions, and other liquidity events of its companies or projects. in which it invests. Billy Goat Brands’ overarching objective will be to generate maximum return on its investments in a manner consistent with its environmental, social and governance values.
For more information about the Company, please visit https://billygoatbrands.com/. Its final prospectus, financial statements and MD&A, among other documents, are all available on the Company’s profile page on SEDAR at www.sedar.com.
The CSE has neither approved nor disapproved the contents of this press release. Neither the CSE nor its market regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Billy Goat Brands Ltd.
Tony Harris, CEO and Chairman
Phone. : (778) 222-8221
For more information, please contact:
Email: [email protected]
Phone. : 1-833-4-GOAT-IR (1-833-446-2847)
CAUTION REGARDING “FORWARD-LOOKING” INFORMATION
This press release contains certain forward-looking statements within the meaning of such statements under applicable securities laws. Forward-looking statements are often characterized by words such as “anticipate”, “plan”, “continue”, “expect”, “plan”, “intend”, “believe”, “anticipate”, “Estimate”, “power”, “will”, “potential”, “proposed”, “positioned” and other similar words, or statements that certain events or conditions “may” or “will” occur. The Company has provided forward-looking statements based on what it believes are currently reasonable assumptions. All of these forward-looking statements involve substantial known and unknown risks and uncertainties (including the risk factors identified in the Company’s prospectus dated September 8, 2021), some of which are beyond the control of the Company. These risks and uncertainties include, but are not limited to, resulting delays or failure to obtain required regulatory approval. The reader is cautioned that the assumptions used in the preparation of forward-looking statements may prove to be incorrect and that actual results, performance or achievements could differ materially from those expressed or implied by such forward-looking statements. Accordingly, no guarantee can be given that any of the events anticipated by the forward-looking statements will or will occur, or if any of them occur, what benefits, including the amount of proceeds, the Company will draw from it. Readers are cautioned that the above list of factors is not exhaustive. The Company has no obligation and expressly disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. .