Vancouver, BC / Accesswire / April 14, 2023 / Wildpack Beverage Inc. (TSXV:CANS) (OTC Pink:WLDPF) (“wild pack” or “company“) Leading Mid-Market Co-Packer of Canned Goods, Wildpack’s Also Announces Board of Directors (“board“) is a total of 13,852,395 restricted stock units (each, “RSUs“) Our Omnibus Incentive Plan (“planA portion of these grants represent compensation to directors for their services to the Company in 2023. The Company currently does not pay cash or other compensation to independent directors. Each RSU is subject to the time and/or achievement of certain milestones. If the milestones are not met, the applicable RSU will expire. Each RSU, once vested, is entitled to receive one share of our common stock. Represents. All RSUs were granted pursuant to the terms of the plan, applicable grant agreements, and TSX Venture Exchange requirements (“TSXV”).
The Company also announced the following in connection with the payment of bonuses owed to certain current employees (“employee”), enter into a contract with such employee, and such employee (“outstanding amount”) through the issuance of ordinary shares of the company. Upon settlement and full satisfaction of the accounts payable, the Company will provide employees with a total of 1,016,799 shares of common stock (“stock“) is the issue price deemed to be $0.19 CAD per share. No employees.”party without arms” (a term as defined under TSXV Policy) to Company. Stocks have no holding period. Issuance of shares in connection with the settlement of accounts payable is subject to TSXV approval. .
Per: “Mitch Bernard”
Mitch Bernard
Chief Executive Officer and Director
For more information, please contact:
[email protected]
again
Elijah Clare
Vice President of Investor Relations
[email protected]
advisor
Fasken Martineau DuMoulin LLP is legal counsel to Wildpack Beverage Inc.
Please visit our investor website at:
https://investor.wildpackbev.com
About wild packs
Wildpack provides beverage manufacturing and packaging to the middle market by providing sustainable aluminum can filling, decorating, packaging, brokerage, sleeve/label printing services, and logistics to brands across the United States. increase. Wildpack now indirectly operates from his six facilities in Baltimore, Maryland, through a wholly owned subsidiary. Grand Rapids, Michigan. Atlanta, Georgia; and Longmont, Colorado. Sacramento, California. Las Vegas, Nevada focuses on digital innovation and eco-friendly ready-to-drink packaging. Wildpack began trading on his TSX Venture Exchange on May 19, 2021 under the symbol “CANS”.
Cautionary Note Regarding Forward-Looking Statements
This news release may contain “forward-looking statements” within the meaning of applicable Canadian securities laws. This includes, but is not limited to, statements regarding Wildpack’s plans, investments and expected revenue from manufacturing contracts, plans to build additional facilities and financial performance. and operating results, expected growth of the co-packaging business, revenue estimates, timing and targets of M&A activities, costs, future capital expenditures, and successful scale-up of production. Forward-looking statements are based on a number of assumptions and assumptions that are believed to be reasonable by management but are subject to inherently important business, economic and competitive risks. Risks associated with operations. risks associated with general economic conditions and available credit, the ability to obtain sufficient and appropriate financing, the actual results of current production and decoration, and fluctuations in the price of aluminum; A plant, equipment, or process does not perform as expected. Accidents, Labor Disputes, Title Disputes, Insurance Coverage Claims and Limitations, and Other Risks in the Cooperative Packaging Industry. delays in completing capital expenditure activities, changes in national and local government manufacturing operations and labor law regulations, especially in light of the COVID pandemic, tax rules and regulations, political and economic developments in the regions where Wildpack operates; . These statements are generally referred to as “may,” “should,” “would,” “could,” “intend,” “estimate,” “plan,” and “forecast.” It can be identified by the use of forward-looking words such as “will” and “expect”. “, “believe”, or “continue”, or the negative or similar variations thereof. Forward-looking statements involve known and unknown risks, uncertainties and future results, performance or achievements. These forward-looking statements and other factors include those that could cause future results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. It is not a guarantee of future performance.Forward-looking statements expressed or implied by Wildpack are subject to a number of risks, uncertainties and conditions, many of which are beyond Wildpack’s control. Undue reliance should not be placed on such statements and Wildpack attempts to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements. However, there could be other factors that could cause results to differ from those anticipated, estimated or intended.Forward-looking statements are subject to inherent risks and risks associated with Wildpack’s business. Fully bounded by uncertainties: delays in the submission of financial information; adverse market conditions; risks inherent in the beverage manufacturing and packaging sector in general; competition in the markets in which Wildpack operates.Except as required by securities laws, Wildpack undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. yeah.
Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.
sauce: Wild Pack Beverage Co., Ltd.