VANCOUVER, BC, Aug. 10, 2021 /CNW/ - Freshlocal Solutions Inc.
(TSX: LOCL) ("Freshlocal" or the "Company") advises
that it has received conditional approval from the Toronto Stock
Exchange ("TSX") to extend the expiry date of a total of
300,000 outstanding common share purchase warrants (the
"Warrants") issued to an arm's length finder on August 25, 2016. The original expiry date was
August 25, 2021 and the new
expiration date will be December 31,
2021.
The exercise price of the Warrants remain unchanged at
$2.70. The effective date of the
extension is August 24, 2021.
About Freshlocal Solutions Inc.
Freshlocal Solutions is a Vancouver,
Canada based company that is building a leadership position
in the provision of end-to-end grocery e-commerce solutions. The
Company operates two primary businesses, FoodX and eGrocery, both
of which support its corporate mission to leverage innovation and
technology to create a sustainable and profitable food system for
all. FoodX Technologies ("FoodX") is Freshlocal Solutions' scalable
end-to-end SaaS-based eGrocery Management Solution (eGMS) which is
designed to meet the needs of large and small grocery retailers
while providing profitable unit economics. The FoodX eGMS is the
culmination of over 20 years of experience in online grocery and
the Company's proven track record of delivering efficiently,
sustainably and profitably. The Company's consumer eGrocery
business has expanded into one of Canada's largest online grocery retailers,
with a focus on delivering fresh, local, organic produce and
groceries, along with exceptional customer experiences. Freshlocal
Solutions serves the main urban markets in Alberta and British
Columbia through its brick-and-mortar store locations
operating under the Blush Lane and Be Fresh banners, as well as
through SPUD.ca, which is the Company's award-winning online
eGrocery retailer.
Freshlocal Solutions trades on the Toronto Stock Exchange under
the symbol LOCL. Please visit www.freshlocalsolutions.com.
SOURCE Freshlocal Solutions Inc.
