The Very Good Food Company Announces New Appointment to its Board of Directors
Bill Tolany recently commented: "I am delighted to join Very Good Food's Board of Directors. The company has a passionate and skilled team, does work with true purpose as leaders in the plant-based movement, and has absolutely AMAZING products. This is one of those rare businesses that can be both massive and meaningful. I can't wait to help grow VERY's global footprint as we make a real difference in the way the world eats."
CEO Mitchell Scott stated: "We were fortunate to have recruited someone of Drew's caliber to lead our IPO and advise our new Board over the past year and a half. We've come a long way in a short period of time and Drew's expertise has been instrumental in what we have achieved. With a solid foundation now built and while it is with mixed feelings, we are pleased for Drew to step aside to pursue other opportunities."
The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. To date, we have developed a core product line under The Very Good Butchers brand.
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Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "proposed", "expects", "intends", "may", "will", and similar expressions.
Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations, dilution, limited history of operations and revenues and no history of earnings or dividends, competition, economic changes and the impact of and risks associated with the ongoing COVID-19 pandemic. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.