Key Takeaways
- Mark Binns appointed as Capital Markets Advisor to expand the visibility of
CULT Food Science to institutions, family offices, funds and brokerages acrossNorth America . CULT Food Science is the only publicly traded company inCanada focused exclusively on cellular agriculture and lab grown meat and one of a select handful globally. The Company sees tremendous opportunity as a first mover in the public markets focused on cell cultivated foods and ethical protein production that does not rely on factory farming.- Together,
CULT Food Science's management team and Mark Binns will collaborate on introducing the Company to institutional capital acrossNorth America , with a specific focus on expanding awareness of the Company inthe United States .
The Company has engaged
Management Commentary
Stock Options
The Company also announces that it has issued an additional 2,000,000 stock options (each, an "Option") to consultants. Each Option is exercisable for a period of five (5) years to acquire one common share in the capital of the Company (each, a "Share") at a price of
About
Additional information can be found by viewing the Company's website at cultfoodscience.com or its regulatory filings on sedar.com.
On behalf of the Board of Directors of the Company,
"Mitchell Scott"
Forward-Looking Information:
Information set forth in this news release may involve forward-looking statements. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include but are not limited to the following risks: those associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements. For further information on risk, investors are advised to see the Company's MD&A and other disclosure filings with the regulators which are found at sedar.com.
SOURCE
© Canada Newswire, source