VANCOUVER, BC, Feb. 24, 2021 /CNW/ - ELSE NUTRITION
HOLDINGS INC. (TSXV: BABY) (OTCQX: BABYF) (FSE: 0YL)
("Else" or the "Company") the plant-based
baby, toddler and children nutrition company, announces it
has been named to the 2021 TSX Venture 50®, a list of the top 50
companies listed on the TSX Venture Exchange.
The TSX Venture 50® is made-up of the top 10 companies listed on
the TSX Venture Exchange, in each of five major industry sectors
– Clean Technology and Life Sciences, Diversified Industries,
Energy, Mining, and Technology.
Else Nutrition was named as the top company within the
diversified industries category. Each of the companies chosen for
the 2020 TSX Venture 50® had seen "impressive growth over the
past year, offered strong return to their shareholders and are
actively traded in the market."
"We're thrilled for this recognition in the 2021 TSX
Venture50® for the value we've been able to provide our
shareholders," said Hamutal
Yitzhak, CEO and Co-Founder of Else Nutrition. "We're very
excited to continue to execute on our growth plan throughout the
rest of 2021, with growth engines spanning distribution, product
portfolio, and geographies," she added.
The 2021 Venture 50 winners were selected based on
year-over-year performance across three equally-weighted criteria:
market capitalization growth, share price appreciation and trading
volume for the year ended December 31,
2020.
About Else Nutrition Holdings Inc.
Else Nutrition GH Ltd. is an Israel-based food and nutrition company
focused on developing innovative, clean and plant-based food and
nutrition products for infants, toddlers, children, and adults. Its
revolutionary, plant-based, non-soy, formula is a clean-ingredient
alternative to dairy-based formula. Else Nutrition (formerly INDI)
won the "2017 Best Health and Diet Solutions" award at the Global
Food Innovation Summit in Milan.
Else Plant-Based Complete Nutrition for Toddlers was recently
ranked as the #1 Top seller in the baby and toddler formula
category on Amazon. The holding company, Else Nutrition Holdings
Inc., is a publicly traded company, listed as TSX Venture Exchange
under the trading symbol BABY and is quoted on the US OTC Markets
QX board under the trading symbol BABYF and on the Frankfurt
Exchange under the symbol 0YL. Else's Executives includes
leaders hailing from leading infant nutrition companies. Many
of Else advisory board members had past executive roles in
companies such as Mead Johnson, Abbott Nutrition, Plum Organics and
leading infant nutrition Societies, and some of them
currently serve in different roles in leading medical centers and
academic institutes such as Boston Children's Hospital, Pediatrics
at Harvard Medical School, USA, Tel Aviv
University, Schneider Children's Medical Center of
Israel, Rambam Medical Center and
Technion, Israel and University
Hospital Brussels, Belgium.
For more information, visit: elsenutrition.com or
@elsenutrition on Facebook and Instagram.
TSX Venture Exchange
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 release.
Caution Regarding Forward-Looking Statements
This press release contains statements that may constitute
"forward-looking statements" within the meaning of applicable
securities legislation. Forward-looking statements are typically
identified by words such as "will" or similar expressions.
Forward-looking statements in this press release include statements
with respect to the anticipated dates for filing the Company's
financial disclosure documents. Such forward-looking
statements reflect current estimates, beliefs and assumptions,
which are based on management's perception of current conditions
and expected future developments, as well as other factors
management believes are appropriate in the circumstances. No
assurance can be given that the foregoing will prove to be correct.
Forward-looking statements made in this press release assume, among
others, the expectation that there will be no interruptions or
supply chain failures as a result of COVID 19 and that the
manufacturing, broker and supply logistic agreement with the
Company do not terminate. Actual results may differ from the
estimates, beliefs and assumptions expressed or implied in the
forward-looking statements. Readers are cautioned not to
place undue reliance on any forward-looking statements, which
reflect management's expectations only as of the date of this press
release. The Company disclaims any obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
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SOURCE Else Nutrition Holdings Inc.