LONDON,
ON, Jan. 5, 2024 /CNW/ - Odd Burger
Corporation ("Odd Burger" or the "Company") (TSXV: ODD) (OTCQB:
ODDAF) (FSE: IA9) announces that Ted
Sehl has resigned as the Chief Financial Officer and
director of the Company effective January 1,
2024 due to an unexpected and severe medical event requiring
surgery. As a result, Mr. Sehl will no longer be able to perform
the duties of CFO and director and James
McInnes has been appointed interim CFO, effective
January 1, 2024. The Board expects to
embark on an extensive search for a permanent CFO in due course.
The company would like to thank Mr. Sehl for his hard work and
dedication and wishes him a speedy recovery. "Ted has made a
significant contribution to our company, and we will miss him
tremendously," says James McInnes,
CEO and Co-Founder of Odd Burger. "Ted created an amazing team and
I am confident in their ability to continue operating our financial
division without interruption."
About Odd Burger
Corporation
Odd Burger Corporation is a franchised vegan fast-food
restaurant chain and food technology company that manufactures a
proprietary line of plant-based protein and dairy alternatives. Its
manufactured products are distributed to Odd Burger restaurant
locations through its foodservice line and also sold at grocery
retailers through its consumer-packaged goods (CPG) line. 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 that can be
enjoyed at its restaurant locations or at home though its CPG line.
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" within
the meaning of applicable Canadian securities legislation. All
statements, other than statements of historical fact, included
herein are forward-looking information. In particular, this news
release contains forward-looking information regarding: the search
for a permanent CFO. There can be no assurance that such
forward-looking information will prove to be accurate, and actual
results and future events could differ materially from those
anticipated in such forward-looking information. This
forward-looking information reflects Odd Burger's current beliefs
and is based on information currently available to Odd Burger and
on assumptions Odd Burger believes are reasonable. These
assumptions include, but are not limited to: the ability of Odd
Burger to complete the search for a permanent CFO. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Odd Burger to be
materially different from those expressed or implied by such
forward-looking information. Such risks and other factors may
include, but are not limited to: general business, economic,
competitive, political and social uncertainties; general capital
market conditions and market prices for securities; delay or
failure to receive board or regulatory approvals; the actual
results of future operations; competition; changes in legislation
affecting Odd Burger; the timing and availability of external
financing on acceptable terms; long-term capital requirements and
future developments in the Company's markets and the markets in
which it expects to compete; lack of qualified, skilled labour
or loss of key individuals. A description of additional risk
factors that may cause actual results to differ materially from
forward-looking information can be found in Odd Burger's
disclosure documents on the SEDAR+ website at www.sedarplus.com.
Although Odd Burger has attempted to identify important factors
that could cause actual results to differ materially from those
contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. Readers are cautioned that the foregoing list of
factors is not exhaustive. Readers are further cautioned not to
place undue reliance on forward-looking information as there can
be no assurance that the plans, intentions or expectations upon
which they are placed will occur. Forward-looking information
contained in this news release is expressly qualified by this
cautionary statement. The forward-looking information contained in
this news release represents the expectations of Odd Burger as of
the date of this news release and, accordingly, is subject to
change after such date. However, Odd Burger expressly disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future
events or otherwise, except as expressly required by applicable
securities law.
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