LONDON,
ON, March 13, 2023 /CNW/ - Odd Burger
Corporation (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9) ("Odd
Burger" or the "Company") is pleased to announce
that Marc Goodman, Vice President
and General Manager at 7-Eleven Canada Inc. will be joining Odd
Burger's Board of Directors effective March
13, 2023.
Goodman oversees over 620 operating locations and is the first
Canadian in over 15 years to lead 7-Eleven Canada Inc. as the
company's Vice President and General Manager. Prior to
joining 7-Eleven, Goodman spent over 20 years at Suncor Energy
where he was involved in several senior leadership roles largely
supporting the Petro-Canada brand. In 2019, Goodman was the
recipient of the Convenience Industry Council of Canada (CICC) Leader Award and he continues to
serve on the Board of the CICC. Goodman holds an MBA from the
University of Windsor.
In January 2023, under Goodman's
leadership, 7-Eleven Canada launched its plant-based breakfast
sandwich as part of the retailers' Healthy To-Go campaign.
The sandwich is available at over 550 locations across Canada and is freshly prepared in local
kitchens and delivered daily to 7-Eleven stores.
"We are very excited to have Marc join our Board of Directors,"
says James McInnes, CEO and
Co-Founder of Odd Burger. "7-Eleven is one of the largest retail
operations in the world and it's incredible to have Marc's
extensive experience now part of our Board".
Goodman has helped optimize operating models, reduce operational
costs, grow sales, increase margins, and transform businesses to be
more shopper centric. He brings his tremendous experience in
operations, marketing, and franchising to Odd Burger's Board. The
Company's Board of Directors is now comprised of James
McInnes (Chairman), Vasiliki McInnes, Edward (Ted)
Sehl, Michael Fricker, Francois Arbour, Utsang Desai and
Marc Goodman. Officers of the
Company are comprised of James McInnes (President and
CEO), Ted Sehl (CFO), Vasiliki McInnes (COO),
and Trevor Wong-Chor (Corporate Secretary).
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 forward-looking 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.
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SOURCE Odd Burger Corporation