LONDON,
ON, Aug. 1, 2023 /CNW/ - Odd Burger
Corporation ("Odd Burger" or the "Company") (TSXV: ODD) (OTCQB:
ODDAF) (FSE: IA9) is pleased to announce that it will be the title
sponsor at this year's VegTO Fest (the "Festival") taking place in
Toronto, Ontario at Nathan
Phillips Square from September
9th – 10th 2023.
Odd Burger plans to debut its previously announced retail
product line at the Festival, which will allow customers to prepare
its products at home for the first time. The initial launch will
feature 5 plant-based proteins including Odd Burger's
Crispy ChickUn Fillet, Beefy Smash Burger, allergen-friendly
Chickpea Burger, Breakfast Sausage and ChickUn Pretenders.
"VegTO Fest has always been the most important event of the year
for us," says James McInnes, CEO and
co-founder of Odd Burger. "We are extremely grateful to be able to
take a much larger role at the festival this year and we are
excited to leverage the event to launch our highly anticipated
retail line."
The Festival has operated for 38 years and is Ontario's largest vegan event, with over
30,000 individuals expected to attend this year. The Festival aims
to inspire, educate and engage the community in embracing a vegan
lifestyle and has zero entry cost, making it one of the most
accessible vegan festivals in Canada.
"We are very excited to partner with Odd Burger as our title
sponsor at this year's VegTo Fest," said Kimberly D'Oliveira,
Executive Director at VegTO. "The festival brings together some of
Canada's leading vegan companies
and provides an incredible platform to connect with thousands of
customers."
Odd Burger plans on offering free samples of its new retail line
all weekend long and will give customers the option to purchase
retail packages to take home. In addition, Odd Burger will be
offering fully prepared burgers and will showcase its franchising
operations where people can learn more about opening an Odd Burger
restaurant location.
For more information about the Festival, visit
https://www.veg.ca/veg-to-fest/ and follow VegTO Fest on
Instagram @VegTOFest.
About VegTO:
VegTO is a Toronto-based
non-profit organization dedicated to being the G.T.A.'s vegan and
veg-curious meeting place. For over 75 years, VegTO (formerly known
as Toronto Vegetarian Association) has been on a mission to inspire
people to choose vegan living – for the animals, our health and the
planet. VegTO is dedicated to building a welcoming community,
partnering with local businesses, representing Toronto's diversity, embracing its grassroots
history, and being socially and environmentally conscious.
About Odd Burger
Corporation
Odd Burger Corporation is a chain of company-owned and
franchised vegan fast-food restaurants as well as a food technology
company that manufactures and distributes a proprietary line of
plant-based protein and dairy alternatives to its locations. Odd
Burger restaurants operate as smart kitchens, which use
state-of-the art cooking technology and automation solutions to
deliver a delicious food experience to customers craving healthier
and more sustainable fast food. With small store footprints
optimized for delivery and takeout, advanced cooking technology,
competitive pricing, a vertically integrated supply chain along
with healthier ingredients, Odd Burger is revolutionizing the
fast-food industry by creating guilt-free fast food. Odd Burger
Corporation is traded on the TSX Venture Exchange under the symbol
ODD and on the OTCQB under the symbol ODDAF. For more information
visit https://www.oddburger.com.
Forward-Looking
Information
This news release contains forward-looking information 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 information
contained or referred to in this news release includes statements
relating to future restaurant openings, potential franchisees,
demand for our products and other similar statements.
Forward-looking information is based on several factors and
assumptions which have been used to develop such information, but
which may prove to be incorrect including, but not limited to
material assumptions with respect to the continued strong demand
for the Company's products, the availability of sufficient
financing on reasonable terms to fund the Company's capital
requirements and the ability to obtain necessary equipment,
production inputs and labour. Although the Company believes that
the expectations reflected in such forward-looking information are
reasonable, undue reliance should not be placed
on forwardlooking information because the Company can give no
assurance that such expectations will prove to be correct. Risks
and uncertainties that could cause actual results, performance or
achievements of the Company to differ materially from those
expressed or implied in such forward-looking information include,
among others, negative cash flow and future financing requirements
to sustain and grow operations, limited history of operations and
revenues and no history of earnings or dividends, expansion of
facilities, competition, availability of raw materials, dependence
on senior management and key personnel, general business risk and
liability, regulation of the food industry, change in laws,
regulations and guidelines, compliance with laws, unfavourable
publicity or consumer perception, product liability and product
recalls, risks related to intellectual property, difficulties with
forecasts, management of growth and litigation, as well as the
impact of, uncertainties and risks associated with the ongoing
COVID-19 pandemic, many of which are beyond the control of the
Company. For a more comprehensive discussion of the risks faced by
the Company, please refer to the Company's Annual Information Form
filed with Canadian securities regulatory authorities at
www.sedar.com. The forward-looking information in this news release
reflects the current expectations, assumptions and/or beliefs of
the Company based on information currently available. Any
forward-looking information speaks only as of the date on which it
is made and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any
forward-looking information, whether as a result of new
information, future events or results or otherwise. The
forward-looking information contained in this news release is
expressly qualified by this cautionary statement.
Non-GAAP Measures
This news release may refer to certain non-GAAP measures. These
measures are not recognized measures under IFRS, do not have a
standardized meaning prescribed by IFRS, and are therefore unlikely
to be comparable to similar measures presented by other companies.
Rather, these measures are provided as additional information to
complement those IFRS measures by providing further understanding
of our results of operations from management's perspective.
Accordingly, these measures should not be considered in isolation
nor as a substitute for analysis of our financial information
reported under IFRS. The TSX Venture Exchange has neither approved
nor disapproved the contents of this news release. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news
release
SOURCE Odd Burger Corporation