NEW
YORK, Sept. 28, 2022 /CNW/ - OTC Markets
Group Inc. (OTCQX: OTCM), operator of regulated markets for
trading 12,000 U.S. and international securities, today
announced Global Food and Ingredients Ltd. (TSXV: PEAS) (OTCQX:
PEASF), a Canadian plant-based food and ingredients company, has
qualified to trade on the OTCQX® Best Market. Global Food and
Ingredients Ltd. ("GFI") upgraded to OTCQX from the Pink®
market.
GFI begins trading today on OTCQX under the symbol "PEASF."
U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S.
investors. For companies listed on a qualified international
exchange, streamlined market standards enable them to utilize their
home market reporting to make their information available in the
U.S. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance and
demonstrate compliance with applicable securities laws.
David Hanna, President and Chief
Executive Officer remarked, "We are very pleased to begin trading
on the OTCQX market providing GFI a platform to better access U.S.
investors and distribute our financial information to the U.S.
public markets. This is an important milestone in GFI's evolution
and growth which will help us broaden the communication of our
story and the sustainable and environmental benefits that our
plant-based ingredients and growing in-house developed products are
achieving. Our goal is to be the leading supplier of
plant-based, sustainable and ethical ingredients from locally
sourced farms direct to consumers' homes."
B. Riley Securities acted as the company's OTCQX sponsor.
About OTC Markets Group
Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated
markets for trading 12,000 U.S. and international securities. Our
data-driven disclosure standards form the foundation of our three
public markets: OTCQX® Best Market, OTCQB®
Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs)
provide critical market infrastructure that broker-dealers rely on
to facilitate trading. Our innovative model offers companies
more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
Media Contact:
OTC Markets Group
Inc., +1 (212) 896-4428,
media@otcmarkets.com
About GFI
GFI is a fast-growing Canadian plant-based food and
ingredients company, connecting the local farm to the global supply
chain for peas, beans, lentils, chickpeas and other high protein
specialty crops. GFI is organized into four primary business lines:
Pea Protein Inputs, Plant-Based Ingredients, Plant-Based Pet Food
Ingredients and Plant-Based Consumer Packaged Goods. Headquartered
in Toronto, GFI buys directly from
its extensive network of farmers, processes its products locally at
its four wholly-owned processing facilities in Western Canada and ships to 37 countries
across the world.
GFI's vision is to become a vertically integrated
farm-to-fork plant-based company providing traceable, locally
sourced, healthy and sustainable food and
ingredients. Through recent acquisition and
development activities, GFI now offers a full suite of Plant-Based
Consumer Packaged goods with over 20 SKUs under the YoFiit,
Bentilia and Five Peas in Love brands.
SOURCE Global Food and Ingredients