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Zoglo's Incredible Food Corp
Symbol ZOG
Shares Issued 99,750,000
Close 2021-12-01 C$ 0.18
Market Cap C$ 17,955,000
Recent Sedar Documents

Zoglo's grants options to buy 1.15 million shares

2021-12-01 20:11 ET - News Release

Subject: Zoglo's news release Word Document File: '\\office\emailin\20211201 170217 Attachment 20211201 Zoglo_s NR re_ Option Grants Dec 1 2021.DOCX' LEGAL_37679802.1 ZOGLO'S INCREDIBLE FOOD GRANTS OPTIONS Toronto, ON - December 1, 2021: Zoglo's Incredible Food Corp. (CSE: ZOG) ("Zoglo's" or the "Company") is pleased to announce that it has granted 1,150,000 incentive stock options to certain directors, officers and consultants of the Company. Each Option is exercisable for one common share in the capital of the Company (a "Share") at an exercise price of $0.20 per Share for a period of five years. One-third of the stock options vest immediately and one-third of the stock options will vest on each of the six-month and twelve-month anniversary of the grant date. All stock options are subject to the terms of the Company's Stock Option Plan, any necessary regulatory approvals and applicable securities law hold periods. For more information, please contact: Anthony Morello CEO, Zoglo's Incredible Food Corp. ir@zoglos.com ABOUT ZOGLO'S INCREDIBLE FOOD CORP.: Zoglo's Incredible Food Corp. is a publicly-traded plant-based food company which offers nutrient-rich, plant-based appetizers, veggies, and meat substitutes to fulfill consumers needs for all occasions and cooking requirements. The Company's wholly-owned subsidiary, Zoglo's Incredible Food Inc., currently offers 14 products through its Traditional Green Box product line and aims to offer 12 innovative products for the mainstream market through its new Zoglo's Incredible Black Box product line. Over the past 25 years, Zoglo's products have been in distribution in over 700 retail stores across Canada including Walmart, Shoppers Drug Mart, Sobeys and Loblaws, and has representation in the United States and Europe. The Company trades on the Canadian Securities Exchange under the ticker: ZOG. Visit our website and follow us on our social media channels: Facebook, Instagram, LinkedIn, Twitter. The CSE does not accept responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Information: This news release contains forward-looking information. Such forward-looking statements or information are provided 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, but is not limited to the intended use of the net proceeds from the private placement. Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations, dilution, limited history of operations and revenues and no history of earnings or dividends, competition, economic changes and the impact of and risks associated with the ongoing COVID-19 pandemic. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. 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 statements or information contained in this news release are expressly qualified by this cautionary statement.

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