VANCOUVER, BC, Sept. 1, 2021 /CNW/ - CubicFarm® Systems Corp.
("CubicFarms" or the "Company") (TSX: CUB), a local chain
agricultural technology company, today announced that its common
shares will commence trading on the Toronto Stock Exchange (TSX) as
of the opening of trading on Wednesday,
September 1, 2021. The Company's common shares will continue
to trade under the symbol "CUB," with its common shares to cease
trading on the TSX Venture Exchange concurrent with the
commencement of trading on the TSX.
"The Toronto Stock Exchange is among the global leaders in
listing public companies and is the premier exchange in
Canada," said Dave Dinesen, Chief
Executive Officer, CubicFarms. "Uplisting to the TSX is an
important milestone for CubicFarms as it provides us with broader
access to investors seeking best-in-class ESG (Environmental,
Social, and Governance) investments in ag-tech."
CubicFarms AMPLIFIED
On October 21, 2021, the Company
is hosting the highly-anticipated CubicFarms AMPLIFIED one-hour
online event to launch its new ag-tech category and share its
current and future CubicFarms and HydroGreen technologies. Special
event guest speakers include Canadian astronaut Chris Hadfield, sustainability expert
Henry Gordon-Smith, Dr. Lenore Newman, Director of the Food and
Agriculture Institute at the University of the Fraser Valley (UVF),
and more. To receive your complimentary ticket to CubicFarms
AMPLIFIED and be notified when event registration opens, please
contact investors@cubicfarms.com.
Warrants Update
The Company is pleased to announce that we have renegotiated and
eliminated 4,067,759 share purchase warrants and reduced the total
number of the Company's issued and outstanding warrants by
approximately 36% to 6,399,371 warrants. The Company's sole warrant
holder, Cubic Manufacturing Ltd., cancelled 4,067,759 share
purchase warrants and exercised 3,662,966 of its remaining
10,062,337 share purchase warrants on August
20, 2021.
About CubicFarms
CubicFarms is a local chain agricultural technology company
developing and deploying technology to feed a changing world. Its
proprietary ag-tech solutions enable growers to produce high
quality, predictable produce and fresh livestock feed with
HydroGreen Nutrition Technology, a division of CubicFarm Systems
Corp. The CubicFarms™ system contains patented technology for
growing leafy greens and other crops onsite, indoors, all year
round. CubicFarms provides an efficient, localized food supply
solution that benefits our people, planet, and economy.
For more information, please visit www.cubicfarms.com.
On behalf of the Board of Directors
"Dave Dinesen"
Dave Dinesen, Chief Executive Officer
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. This news release may contain
forward-looking statements which include, but are not limited to,
comments that involve future events and conditions, which are
subject to various risks and uncertainties. Forward-looking
statements are not guarantees of future performance and actual
results may vary materially from those statements. General business
conditions are factors that could cause actual results to vary
materially from forward-looking statements.
SOURCE CubicFarm Systems Corp.