Mr. Roslane Aouameur reports
GOODFOOD CONFIRMS COMMON SHARE REPAYMENT RIGHT IN RESPECT OF 2025 DEBENTURES
Further to its press release dated March 17, 2025, Goodfood Market Corp. will issue a total of 19,271,032 common shares to holders of its $6,232,000 of outstanding debentures in full satisfaction of the principal amount owing upon maturity. The issuance of shares in lieu of cash repayment reflects the company's continued efforts to strengthen its balance sheet and preserve liquidity to pursue value-creating opportunities. The shares will be issued at a price of approximately 32 cents, in accordance with previously disclosed terms.
About Goodfood Market Corp.
Goodfood is Canada's leading digitally native meal solutions brand, delivering fresh meals and add-ons that make it easy for customers nationwide to enjoy delicious, sustainable meals at home. Goodfood connects partner farms and suppliers directly to customers' kitchens, reducing food waste and retail overhead. Headquartered in Montreal, Que., with production facilities in Quebec and Alberta, Goodfood is building Canada's most loved millennial food brand.
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