05:35:47 EDT Tue 22 Oct 2024
Enter Symbol
or Name
USA
CA



Good Flour Corp (The)
Symbol GFCO
Shares Issued 80,137,707
Close 2023-12-11 C$ 0.20
Market Cap C$ 16,027,541
Recent Sedar Documents

Good Flour closes $274,500 first tranche of financing

2023-12-12 11:31 ET - News Release

An anonymous director reports

THE GOOD FLOUR CORP. CLOSES FIRST TRANCHE OF EQUITY FINANCING

The Good Flour Corp. has closed the first tranche of its non-brokered private placement to raise gross proceeds of $274,500. The offering consisted of 1,098,000 Class A common shares issued at 25 cents per share. The company has also received $200,000 in proceeds from the exercise of existing share purchase warrants for total recent proceeds of $474,500 from the offering and warrant exercises.

Good Flour intends to use the net proceeds of the offering for general corporate, investor relations and working capital purposes. Good Flour paid finders' fees in connection with the offering totalling $8,400. All shares issued in the offering are subject to a statutory four-month hold period that expires on April 12, 2024.

About The Good Flour Corp.

Good Flour's mission is to provide chefs and individuals with the best blends to create recipes with its tried and true mixes, delivering consistent excellence every time. Good Flour provides restaurants and grocery stores with better-for-you gluten- and allergen-free options: fried chicken mix, all-purpose baking flour, fish-and-chip batter, tempura batter mix, pizza and pasta mix, vanilla cake mix, pancake and waffle mix, and pizza crusts.

Good Flour chooses high-quality ingredients and blends them for taste and texture to give its customers gluten-free/allergen-free options so they can enjoy life without giving up their favourite food and get back the good food they deserve.

We seek Safe Harbor.

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