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TORONTO, ON / ACCESSWIRE / May 8, 2024 / Global Food and Ingredients Ltd. TSXV:PEAS "GFI" or the "Company", today announced it has received letters from both of the senior secured lenders the "Lenders" to GFIs subsidiary Global Food and Ingredients Inc. the "Subsidiary", which demand full payment of the Subsidiarys debts. The letters demand immediate fu... Lire le communiqué |
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Sudden Rapid Slowdown Hindering Debt Service TORONTO, ON / ACCESSWIRE / May 7, 2024 / Global Food and Ingredients Ltd. TSXV:PEAS "GFI" or the "Company", today announced plans to commence an orderly winddown of its business operations. The winddown is a result of recent macroeconomic events, which have caused GFI to experience challenges in purchasing adequate supplies of raw... Lire le communiqué |
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TORONTO, ON / ACCESSWIRE / March 5, 2024 / Global Food and Ingredients Ltd. TSXV:PEAS "GFI" or the "Company", announced total that it has issued a total of 1,565,000 restricted share units "RSUs" to certain nonexecutive senior employees of the Company in accordance with the Companys omnibus equity incentive plan. The RSUs will vest evenly over a threeyear period b... Lire le communiqué |
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HIGHLIGHTS OF Q3 2024Revenue in the quarter of $36.9 million, with a greater focus on higher margin business lines, which represented 25.8% of total revenue in Q3 2024 compared to 17.9% in Q3 2023.Record quarter of split pea sales of $3.3 million, a 36.2% increase of the previous record quarter set in Q2 2023.Gross profit improved 20.4% over the prior comparable period to $2.8 million and... Lire le communiqué |
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TORONTO, ON / ACCESSWIRE / February 1, 2024 / Global Food and Ingredients Ltd. TSXV:PEAS "GFI" or the "Company", announced today that it has completed the previously announced transactions to raise $3.45 million through an investment in equity and a new debt facility of up to $10.0 million in its pet food division, Big Sky Milling Inc. "Big Sky" the "Pet Food... Lire le communiqué |
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Transactions generate investment capital of $12.3 million to the Company unlocking significant value from existing assetsTORONTO, ON / ACCESSWIRE / January 16, 2024 / Global Food and Ingredients Ltd. TSXV:PEAS "GFI" or the "Company", announced today that it has entered into definitive agreements relating to the previously announced transactions to raise approximately $11.8... Lire le communiqué |
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Company reports record quarter of sales from its peasplitting facilityHIGHLIGHTS OF Q2 2024Record quarter of split pea sales of $2.4 million.Revenue in the quarter of $17.6 million, with a greater focus on higher margin business lines, which represented 43.7% of total revenue in Q2 2024 compared to 31.4% in Q2 2023.Loss for the period improved by 11.8% over the prior comparable period to $2.0... Lire le communiqué |
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