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The Good Flour Corp. (GFCOF) is a leading provider of gluten and allergen-free options, offering a range of tried and true mixes including Fried Chicken Mix, All Purpose Baking Flour, Fish & Chip Batter, Tempura Batter Mix, Pizza & Pasta mix, Vanilla Cake Mix, Pancake & Waffle Mix, pizza crusts, Patty Cakes™, and the revolutionary PureMelt Cheeeze™. Committed to health and sustainability, PureMelt Cheeeze™ is a plant-based, allergen-free cheese alternative that is heart-healthy, non-GMO, gluten-free, and vegan, setting a new standard in the culinary world. GFCOF carefully sources its ingredients to ensure quality and an allergy-free promise, delivering products that cater to the nutritional needs of customers without sacrificing taste.
With a focus on excellence and purity, GFCOF is dedicated to providing chefs and individuals with high-quality blends that allow them to enjoy life without compromising on flavor. The company's products have been well-received by top-tier chefs across Canada, earning praise for their authentic taste and performance in professional kitchen settings. GFCOF is poised to revolutionize the plant-based cheese market with the launch of PureMelt Cheeeze™, offering a rich and creamy profile with the perfect caramelization and stretch, making it an ideal choice for a wide range of culinary applications.
In addition to its product line, GFCOF recently entered into a loan agreement to borrow up to $250,000 for general corporate and working capital purposes, demonstrating its commitment to sustainable growth and innovation. With a strong emphasis on quality, innovation, and customer satisfaction, The Good Flour Corp. is a trailblazer in the gluten and allergen-free food industry, setting new standards for taste, health, and sustainability.
The Good Flour Corp. (GFCOF) has announced that its PureMelt Cheeeze™ product is now available for distribution through Gordon Food Service, North America's largest family-operated broad-line food distribution company. The product will be accessible to all food service customers using Gordon Food Service for procurement.
PureMelt Cheeeze™ is a vegan cheese alternative free from the top 10 allergens, featuring characteristics similar to mozzarella including stretch and caramelization. The product is non-GMO, gluten-free, and contains no saturated fat or cholesterol, with lower sodium levels.
Additionally, the company has amended its loan agreement to increase the borrowing limit to $1,000,000, with loans bearing 10% annual interest and maturing on July 31, 2025. The company will issue up to 1,785,700 additional share purchase warrants to the lender, exercisable at $0.14 per share until March 15, 2029, bringing total Bonus Warrants to 7,142,800.
The Good Flour Corp. (CSE: GFCO) (OTC Pink: GFCOF) has announced that due to the Canada postal strike, materials for its Annual General Meeting scheduled for December 30, 2024, are now available online. The meeting will be held at 10:00 am Pacific time in Vancouver. Key agenda items include reviewing financial statements, setting the board size at four directors, electing new directors, and appointing DMCL LLP as auditors.
Shareholders can access meeting materials through SEDARplus, the company's website, or TSX Trust's platform. Registered shareholders and NOBOs can contact TSX Trust for voting instructions and control numbers. The company is utilizing exemptions under CSA Blanket Order 51-931 regarding proxy-related materials during the postal strike.
The Good Flour Corp. (CSE: GFCO) (OTC Pink: GFCOF) (FSE: 3KZ) has amended its loan agreement with an arm's-length lender, increasing the borrowing limit to $750,000. The loans will bear 10% annual interest, are unsecured, and mature on March 31, 2025. The facility is non-revolving, and funds will be used for general corporate and working capital purposes.
In connection with the loan facility, GFCO will issue up to an additional 1,785,700 share purchase warrants to the lender, vesting pro-rata upon each loan advance. Each warrant is exercisable into one class 'A' common share at $0.14 per share until March 15, 2029. The total Bonus Warrants issued under the Loan are now 5,357,100.
The Good Flour Corp. (CSE: GFCO, OTC Pink: GFCOF, FSE: 3KZ) has amended its loan agreement with an arm's-length lender. The amended agreement allows the company to borrow up to $500,000 in requested drawdowns. These loans will bear an annual interest rate of 10%, be unsecured, and mature on September 8, 2024. The facility is non-revolving, and the borrowed funds will be used for general corporate and working capital purposes.
Additionally, The Good Flour Corp. has agreed to issue up to 1,785,700 share purchase warrants to the lender. Each warrant can be converted into one class "A" common share at $0.14 per share until March 15, 2029. This brings the total number of share purchase warrants issued under the loan to 3,571,400.
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