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CubicFarm® Systems Corp. (TSXV: CUB) is a leading agricultural technology company specializing in local chain agricultural solutions. The company's ruminant livestock feed subsidiary, HydroGreen Inc., produces Automated Vertical Pastures that efficiently sprout grains like wheat and barley for livestock feed year-round. Their innovative technology simplifies the growing process, promoting consistent nutrition and enhancing animal productivity while reducing methane emissions. HydroGreen recently secured exclusive partnerships in Australia, New Zealand, Ireland, the United States, and the Middle East, revolutionizing the grass-fed beef market and dairy industry. With a strategic focus on sustainability and innovation, CubicFarms is poised to transform the agricultural landscape globally.
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CubicFarms' subsidiary HydroGreen secures exclusive agreements with Agrotopia Ireland and expands into the Middle East, aiming to revolutionize livestock feed production with hydroponic technology, addressing environmental concerns and enhancing food security.
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CubicFarms' subsidiary HydroGreen Inc. closes a significant sale with BoomA Food Group in Australia, marking a strategic partnership for sustainable food production.
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CubicFarms closes final tranche of non-brokered private placement, raising approximately C$2.06 million. Each Unit consists of one common share and one-half of a common share purchase warrant. John de Jonge, interim CEO, participates in the placement.
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CubicFarm Systems Corp. announces an extension from the TSX Venture Exchange for the closing of the second tranche of its non-brokered private placement, aiming to raise up to C$2.5 million. Each Unit will include a Common Share and a Warrant, with the Offering Price set at C$0.20 per Unit. The Company plans to close the second tranche soon, allowing investors to acquire Common Shares at C$0.25 per share through the Warrants.
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CubicFarm® Systems Corp. closes the first tranche of a non-brokered private placement, issuing 4,505,502 Units at C$0.20 per Unit for gross proceeds of approximately C$900,000. The Company plans to issue up to 10,250,000 Units at a price of C$0.20 per Unit, aiming for gross proceeds of up to C$2.5 million. The proceeds will be used for general working capital, debt repayment, and administrative purposes. Insider participation by the interim CEO is disclosed as a related party transaction.
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CubicFarms' subsidiary HydroGreen Inc. partners with Hansen Industries to construct Feed Centers in California and Oklahoma, in addition to a previously announced demand for 120 tons of fodder per day. The partnership aims to provide high-performance feed additives to the dairy and beef industries, with a focus on long-term health benefits for the animals and value for the producers.
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CubicFarm® Systems Corp. announces a consolidation of its common shares on a 1:10 basis, reducing the outstanding shares from 263,163,774 to approximately 26,316,377. The consolidation does not require shareholder approval and will be automatically reflected for electronic shareholders. Paper stock certificate holders will receive a letter of transmittal to exchange their old certificates for new post-consolidation common shares. The consolidation is subject to approval from the TSX Venture Exchange.
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CubicFarm Systems Corp. announces the authorization of a consolidation of the Company's common shares, with a ratio of 1 post-consolidation share for every 10 pre-consolidation shares. The Consolidation does not require shareholder approval and will result in approximately 26.3 million common shares issued and outstanding. Shareholders will have their securities adjusted accordingly, and no fractional shares will be issued. The Company's new CUSIP number will be 22968P504 and its new ISIN will be CA22968P5040. Shareholders holding paper stock certificates will be sent a letter of transmittal by Computershare to exchange their old certificates for new post-Consolidation common shares. The Consolidation is subject to approval from the TSX Venture Exchange.
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CubicFarm Systems Corp. (TSXV: CUB) announced that its subsidiary company, HydroGreen Inc., has closed an initial sale to a leading agricultural company based in Dublin, Ireland, with an agreement for HydroGreen to supply an additional four machines for a future sale. This marks a significant development for HydroGreen in extending its market reach internationally, with an immediate emphasis on the European Union. The company's involvement in this market aligns with the EU's focus on enhancing agricultural practices and sustainability. HydroGreen is also focused on domestic initiatives, including constructing feed hub facilities in the US to distribute harvested feed by the ton to surrounding dairy farmers.
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CubicFarm® Systems Corp. (TSX: CUB) will be delisted from the Toronto Stock Exchange due to failure to meet continued listing requirements and will commence trading on the TSX Venture Exchange on December 19, 2023.
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FAQ
What is the current stock price of CUBICFARM SYS (CUBXF)?
The current stock price of CUBICFARM SYS (CUBXF) is $0.05 as of December 24, 2024.
What is the market cap of CUBICFARM SYS (CUBXF)?
The market cap of CUBICFARM SYS (CUBXF) is approximately 6.6M.
What does CubicFarm® Systems Corp. specialize in?
CubicFarm® Systems Corp. is a leading agricultural technology company that focuses on local chain agricultural solutions.
What is HydroGreen Inc.?
HydroGreen Inc. is CubicFarm's ruminant livestock feed subsidiary that produces Automated Vertical Pastures for sprouting grains like wheat and barley for livestock feed.
In which regions has HydroGreen secured exclusive partnerships?
HydroGreen has secured exclusive partnerships in Australia, New Zealand, Ireland, the United States, and the Middle East.
What benefits does HydroGreen's technology offer?
HydroGreen's technology promotes consistent nutrition, enhances animal productivity, and reduces methane emissions in ruminant livestock.
What is CubicFarms' strategic focus?
CubicFarms is strategically focused on sustainability and innovation in transforming the global agricultural landscape.
CUBICFARM SYS CORP
OTC:CUBXF
CUBXF Rankings
CUBXF Stock Data
6.61M
39.35M
0.03%
6.76%
Farm & Heavy Construction Machinery
Industrials
United States of America
Langley