Toronto, Ontario--(Newsfile Corp. - January 14, 2020) - Green Rise Capital Corporation doing business as Green Rise Foods (TSXV: GRF) ("Green Rise" or the "Company") announced today that it has registered "Green Rise Foods" as a business name and will begin to conduct business under the name of Green Rise Foods immediately. The Company's ticker symbol will change to "GRF" on the TSX Venture Exchange ("TSXV"), effective on January 15, 2020.
Vincent Narang, CEO of Green Rise commented:
"The new symbol was selected as the Company is now a producer of fresh produce and will operate under the brand name Green Rise Foods (GRF)."
There is no action required by current shareholders in connection with this change, and no change has been made to Green Rise's share capital. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital.
ABOUT GREEN RISE
Green Rise is a grower of fresh produce with a producing, 51-acre greenhouse on its 81-acre farm located in Leamington, Ontario. Poised to be the "best-in-class" contract grower of fresh produce, the Company takes pride in providing high-quality, consistent and reliable product to meet the growing consumer demand for locally grown fresh produce. By leveraging innovative growing solutions and embracing technology, Green Rise seeks to optimize its operations to generate improved product quality and shelf life, expand profit margins, and provide investors with meaningful and growing returns.
For further information, please contact:
Green Rise Foods
Vincent Narang, Chief Executive Officer
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Transaction and associated transactions, including statements regarding the terms and conditions of the Transaction and associated transactions. Any such forward-looking statements may be identified by words such as "expects", "anticipates", "believes", "projects", "plans" and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements. The statements in this news release are made as of the date of this release. Green Rise undertakes no obligation to update any such forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on any such forward-looking statements. Green Rise undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Green Rise and Bull Market, or their respective financial or operating results or (as applicable), their securities.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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