VANCOUVER, BC, Sept. 14, 2023 /CNW/ -- Pangea Natural Foods Inc. (the Company) (CSE: PNGA) (OTCQB: PNGAF) a manufacturer and co-packer of health food products, is pleased to provide a comprehensive update and outlook for Q3 and Q4 2023.
Glory Organic Juice Company Inc. ("Glory Juice")
Glory Juice Website: www.gloryjuiceco.com
On April 24th, Pangea announced it entered into a share exchange agreement with Glory Organic Juice Company Inc., Glory Juice Co. Vancouver Ltd. Pursuant to the Agreement, the Company acquired all of the issued and outstanding shares of Glory Juice making each of the Glory Juice entities a wholly owned subsidiary of Pangea.
Pangea's 100% owned Glory Juice Co. has now opened 4 locations and is anticipated to continue to expand across British Columbia and Canada with new product launches and significantly expanded operations throughout 2023-2024.
Glory Juice Co. was founded with a vision to support and nourish the body, mind and local community through organic, locally sourced, nutrient-rich foods. Glory Juice Co. is recognized for crafting 100% organic, cold-pressed juices, ready-to-blend smoothies, nut and seed mylks, wellness shots, and plant-based foods that are free from added sugars and preservatives.
The unveiling of Glory Market marks a new chapter for the company, with the recent acquisition of Glory Juice Co. by Pangea Natural Foods Inc., a plant-based food manufacturing company with a distribution network spanning across North America. This new venture and partnership signifies the company's growth and diversification into a broader market that will accommodate a wider selection of grab-and-go foods beyond vegan items, including, but not limited to carnivorous, pescatarian, and vegetarian options.
Glory Market's mission is to promote dietary inclusivity by catering to various food preferences and needs, while continuing to offer signature vegan menu items. This new range of nutrient-dense products will include an array of grab-and-go options, from wholesome salads, and energizing rice bowls, to high-protein meals, and nutritious snacks. Each item is thoughtfully prepared and packaged to ensure the highest quality and freshness, all while emphasizing the importance of nutrition.
"Our mission has always been to provide healthy products that conveniently nourish the body and mind. With Glory Market, we are taking another step towards fulfilling that mission," says Glory Juice Co. CEO Pratap Sandhu.
This rebranding represents a milestone for the company in its dedication and commitment to making health and wellness accessible. This strategic expansion into Glory Market aims to create a welcoming and convenient environment in new communities that encourages consumers to make healthy choices.
Glory Juice Co. has been in operation for over nine years, with three other retail locations in prominent Vancouver neighborhoods, including Coal Harbor, Olympic Village, and Yaletown. Furthermore, Glory Juice has established a network of retail partners across the lower mainland, offering consumers convenient access to a variety of Glory Juice Co's 100% organic, cold-pressed juices. Glory Market White Rock marks the first of many locations to come, as the company plans to expand its reach to new communities.
Pangea Co-Packing Operations
On June 20th, 2023, Pangea announced its new co-packing services for third party food and beverage companies in Canada and the United States. This strategic expansion is in line with Pangea Natural Foods' commitment to supporting the growth and success of the industry by offering a wide range of solutions.
"Pangea is excited to start a new line of business and support smaller businesses in their co-packing needs. We not only co-pack products but also maintain the highest standards in food quality," said Pratap Sandhu, chief executive officer and founder at Pangea Natural Foods.
With its state-of-the-art facility, Pangea Natural Foods is capable of tailoring the production line to cater to a wide range of product requirements. By utilizing its services, companies can devote their attention to brand expansion and complying with regulatory standards, while also enjoying cost savings on packaging, equipment, labor and logistics.
The addition of Pangea Natural Foods' co-packing services offers many benefits to third party companies. By leveraging the company's advanced facility, businesses can take advantage of the following:
Pangea Natural Foods is excited about the future of its co-packing services and the opportunities it brings for both the company and its partners. Pangea Natural Foods looks forward to forging strong partnerships with third party food and beverage companies in British Columbia and across Canada.
Brand Ambassadors and Management
Pangea entered into a one-year agreement with Vancouver Canucks Hockey Team Captain and star defenseman Quinn Hughes as a brand ambassador.
Mr. Hughes played college hockey at the University of Michigan before making his NHL (National Hockey League) debut with the Canucks during the 2018/2019 season. In his rookie season, Mr. Hughes scored eight goals and 45 assists for an impressive total of 53 points in 68 games. Thanks to his incredible performance, he was nominated for the Calder Trophy, which is awarded to the NHL's top rookie.
Pangea Natural Foods is thrilled to embark on this exciting partnership with Mr. Hughes as its esteemed brand ambassador. With his exceptional skills, dedication and passion for the game, Mr. Hughes perfectly embodies the company's commitment to promoting a healthy and natural lifestyle.
Mr. Louie will serve on the company's executive team and will support Pratap Sandhu, the company's chief executive officer. The expanded executive leadership team aims to assist Pangea in building on its market position, growing its retailer footprint, sharpening its supply chain and manufacturing practices, and continuing to leverage its proprietary production processes to launch innovative products.
Mr. Louie is joining the company with over a decade of experience in marketing. Previously, he was the co-founder of AntiSocial Media Solutions, a digital marketing agency with offices in Vancouver, Toronto, Montreal and Los Angeles. He led integrated digital campaigns with award-winning social media strategy and execution, an in-house content production team, influencer and creator strategy, and media buying, all of which spanned many industries. AntiSocial has worked with clients such as Starbucks, 7-Eleven, Fairmont, Netflix, Subway, Cheetos, Riot Games and many more. AntiSocial was acquired in 2019 and, at the time of Louie's exit in 2021, Mr. Louie led the company in key client growth, agency strategy and senior team leadership. AntiSocial had a staff of more than 60 personnel when Mr. Louie departed.
"We are pleased to welcome Daryl to the team," said Mr. Sandhu. "Daryl's depth of knowledge and experience in marketing will enable him to bring insight and build a strong marketing engine at Pangea. Daryl's appointment is in line with Pangea's focused strategy of creating a culture of marketing excellence and we are excited to have Daryl join Pangea on this path."
On February 28th 2023, Pangea engaged Jordan Melville to provide franchising and food-related consulting and advisory services.
Melville's engagement is the second new hire that the Company has made this year, following the appointment of Daryl Louie as Pangea's Chief Marketing Officer earlier this year.
"As we grow and mature as a publicly listed company, we are committed to strengthening our team. We are excited to expand our team by bringing on Jordan," says Pratap Sandhu, the Company's Chief Executive Officer. "Last year we reached many milestones, including the introduction of four new product lines and the launch of Pangea products in over 250 retail outlets. We are looking forward to having Jordan join us and help support our growth plans in order to reach our 2023 goals."
Melville is joining the Company with decades of experience in food manufacturing, distribution and franchising. Previously, he worked with the executive team at the Boston Pizza franchise, providing strategic direction and leading the opening of over 400 locations across North America. Melville is also the Founder of Brandlive Management Group, an award-winning Vancouver based event production company.
Melville will support Sandhu and Pangea's executive leadership team in seeking to achieve the Company's goals of optimizing its supply chain, improving its manufacturing processes, and providing strategic direction on its distribution.
Pangea Natural Products and New Offerings
Throughout 2022 and 2023 Pangea launched exciting new and unique products such as its Pangea Chikken Nuggets, a protein-rich vegan meat alternative.
The Company's vegan Chikken Nuggets are made with three types of pea protein and are free of GMO (genetically modified organism) ingredients, fillers, antibiotics, hormones and bioengineered ingredients. This is the company's second plant-based product after the Pangea Plant-Based Patties.
The global vegan food market is projected to grow from $26.16-billion (U.S.) in 2021 to $61.35-billion (U.S.) in 2028 at a CAGR (compound annual growth rate) of 12.95 per cent in the forecasted period of 2021 to 2028. The global vegan food market is projected to grow from $26.16-billion in 2021 to $61.35-billion in 2028 at a CAGR of 12.95 per cent in the forecast period of 2021 to 2028.
"We are excited to launch another plant-based product given the immense growth that the sector is experiencing globally. Understanding consumer lifestyle and food trends and a commitment to innovation allows our team to continuously introduce new products, such as the Chikken Nuggets, to the market," said Pangea chief executive officer Pratap Sandhu. "The Pangea Chikken Nuggets are the perfect meat alternative because they taste great, they are healthy and are packed with iron and calcium. Plus, each nugget has 21 grams of protein."
Pangea offers a broad portfolio of innovative healthy food products that taste great and are sustainably sourced. Pangea's signature products include the Pangea Plant-Based Patties, Old Fashioned Ghee and Munchie Mix, which are available on the company's website and in over 250 leading national retail food stores across Canada and the United States.
The company manufactures its products in-house at its Vancouver Lower Mainland facility. The company's facility has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration.
Pangea's hit sales milestones of over 5,000 units of its Pangea old-fashioned ghee, a grass-fed, organic clarified butter sourced from New Zealand to Save-On-Foods across its Canadian locations within 30 days.
Save-On-Foods is a chain of supermarkets located across Western Canada, owned by the Pattison Food Group. With Save-on-Foods, the company has listed Pangea old-fashioned ghee nationally in approximately 177 stores.
"Our customers are consistently purchasing our products and our brand recognition is growing rapidly," said Pangea chief executive officer Pratap Sandhu. "We're very pleased with the distribution results from our relationship with Save-on-Foods, a well-known and established retailer."
In 2021, the global ghee market reached a value of $45.7-billion (U.S.), and it is expected to reach $68.9- billion (U.S.) by 2027, growing at a CAGR (compound annual growth rate) of 7.18 per cent.
Pangea offers a broad portfolio of innovative healthy food products that taste great and are sustainably sourced. Pangea's signature products include the Pangea plant-based patties, old-fashioned ghee and munchie mix, which are available on the company's website and in over 250 leading national retail food stores across Canada and the United States.
In 2023 Pangea launched its latest product, 100-per-cent locally sourced blueberry juice. This refreshing and nutritious beverage is made with exceptional quality and has a remarkable eight-month shelf life.
"We are excited to introduce our 100-per-cent locally sourced blueberry juice to consumers," said Pratap Sandhu, chief executive officer and founder of Pangea Natural Foods. "Our team has worked diligently to create a product of exceptional quality, and we are proud to support local farmers and communities through sustainable and ethical sourcing practices. We are committed to innovation and sustainability in our product development, aiming to provide nourishing options that benefit both individuals and the planet."
The blueberry juice is cold pressed, resulting in a richer and more nutritious product. In addition, Pangea Natural Foods has partnered with a renowned leader in the field of high- pressure processing (HPP). This process allows for the elimination of harmful pathogens without the need for heat or artificial preservatives. As a result, consumers can enjoy Pangea Natural Foods blueberry juice knowing that it maintains its nutritional integrity while remaining safe for consumption.
Pangea began formulation of a new vegan single-serving pre-workout supplement, in partnership with Superbolt Tea and Blue Ocean Tea Company.
The Company's vegan pre-workout supplement is formulated with vegan honey and packed in a unique packaging, designed for one-handed opening and unit-dose pouring.
"Our customers are going to love this new pre-workout formula that complements our ever- growing portfolio of high-quality products," says Pangea CEO Pratap Sandhu, "We're excited to work with specialists such as Superbolt Tea and Blue Ocean Tea, and to unveil a fantastic vegan-friendly product with unique, easy-to-use packaging."
In 2021, the Global Pre-Workout Supplements Market reached a value of US$15.6 billion, and is expected to reach US$28.7 billion by 2028, growing at a compounded annual growth rate (CAGR) of 9.1%.
Superbolt Tea specializes in innovation in the tea industry with a focus on athletics and health with products made to provide athletes and creatives with a long-lasting, sustainable source of energy that can be consumed before a workout, at the office and anything in between. Every Superbolt Tea order is hand packed at Superbolt's small office in Vancouver, BC, and their products are certified by the California Certified Organic Farmers (CCOF), using 100% biodegradable tea bags.[1]
Blue Ocean Tea has decades of experience in the tea industry and works with many specialty tea brands in North America and Europe, such as Blume and David's Tea, to bring quality products to market. Their 18,000-square-foot facility is located within Canada's largest industrial park, just minutes away from the US-Canada border.
Throughout 2022 and 2023 Pangea signed partnerships with Wholefoods, Save on Foods and Fresh Street market.
"We are very excited about the momentum we have built with a number of airline partners carrying Pangea's Munchie Mix," says Pangea chief executive officer Pratap Sandhu. "The launch of this partnership is yet another way that Pangea aims for its Munchie Mix to become the snack of choice for travelers. We look forward to making Pangea's healthy, GMO-free [genetically modified organisms] products readily available to customers not just in Canada and the United States, but globally."
Mr. Sandhu adds: "The global airline catering business is estimated to be worth $21-billion (U.S.) by 2024 and Pangea is looking forward to playing a role in the industry. Between British Airways, Air Canada and now WestJet, Pangea's Munchie Mix will be available on over 650 airplanes worldwide. For us, this is just the beginning."
"The introduction of Munchie Mix into Pangea's product line is yet another opportunity for us to bring high-quality products to the market. All ingredients are free of GMOs [genetically modified organisms] and packed with anti-oxidants, magnesium, manganese, zinc and vitamin E," says Pangea's chief executive officer, Pratap Sandhu. "Every step we take to make healthy and nutritious products more accessible for consumers is a step in the right direction, and something we constantly strive for at Pangea."
To date, the company offers its other products, the Pangea Plant-Based Patties and Old Fashioned Ghee, through its on-line website and through over 250 retail outlets across Canada and the United States.
About Pangea Natural Foods Inc.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing, co-packing and distributing high-quality plant-based food products across North America.
On Behalf of the Board of Directors
"Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
For further information, please visit the Company's website at www.pangeafood.com or contact:
Pangea Natural Foods Inc.
Pratap Sandhu, Chief Executive Officer
Telephone: +1 (604) 765-8069
Email: pratap@pangeafood.com
Media contact: media@pangeafood.com
Forward-Looking Information
This news release contains forward–looking statements and forward–looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. More particularly and without limitation, this news release contains forward–looking statements and information relating to the closing of the Acquisition, the conditions to completing the Acquisition, timing and receipt of the applicable regulatory, corporate and third-party approvals and other matters. The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that the proposed Acquisition or related matters will be completed as proposed or at all. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the Company's ability to complete the Acquisition as currently proposed or at all, the ability of the Company and Glory Juice to complete its planned future activities and anticipated business plans, the ability of the Company to obtain sufficient financing to fund its business activities and plans, and the Company's ability to obtain the applicable regulatory, corporate and third party approvals of the Acquisition. Other factors may also adversely affect the future results or performance of the Company, including general economic, market or business conditions, changes in the financial markets and changes in laws, regulations and policies affecting the Company's operations and the Company's limited operating history. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward– looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
SOURCE Pangea Natural Foods Inc.
]]>VANCOUVER, BC, July 4, 2023/ -- Founded in April 2021 by Pratap Sandhu, Pangea Natural Foods Inc. (CSE: PNGA) (OTCQB: PNGAF) is a Vancouver based natural foods company. Having recently listed in Choices Markets, Pangea Natural Foods is pleased to announce that they have entered into a one-year agreement with Canucks defensemen, Quinn Hughes as a brand ambassador.
About Hughes
Hughes played college hockey at the University of Michigan before making his NHL debut with the Canucks during the 2018-2019 season. In his rookie season, Hughes scored 8 goals and 45 assists, for an impressive total of 53 points in 68 games. Thanks to his incredible performance, he was nominated for the Calder Trophy, which is awarded to the NHL’s top rookie.
Quinn Hughes will receive $400 a month in credit towards Pangea Products and will work closely with Pangea’s Research and Development team to formulate specific products according to his diet and fitness regime.
Looking forward, Pangea Natural Foods Inc. is thrilled to embark on this exciting partnership with Quinn Hughes as their esteemed brand ambassador. With his exceptional skills, dedication, and passion for the game, Hughes perfectly embodies their commitment to promoting a healthy and natural lifestyle.
About: (CSE: PNGA) is a Vancouver based natural foods company that manufactures and distributes high quality food products that are nutritious and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients. Pangea offers a broad range of great tasting, innovative food products that are sustainably sourced and "Powered by the Earth".
Pangea's signature products include the Pangea Plant-Based Patties, Pangea Old Fashioned Ghee, Pangea Energy Gel and the Pangea Munchie Mix, which are available on the Company's website and in over 500 leading national retail food stores including Loblaws, Save-on-Foods, Sobeys, IGA Marketplace, Fresh Street Market, Choices Markets, Whole Foods and on select Air Canada and WestJet flights.
Pangea has partnered with world renowned food scientists to formulate its high-quality food products. All products are manufactured in-house at our state-of-the-art facility, and then packaged and distributed through Pangea's retail and wholesale network and also on our website.
Forward Looking and Cautionary Statements: Certain information included in this press release constitutes forward-looking information. Forward-looking information typically contains statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project", "will'' or similar words suggesting future outcomes or statements. These statements are based on management's current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results.
These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ from those stated, anticipated or implied by such forward-looking statements. While Pangea Foods Inc. believes that its assumptions are reasonable and attainable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. Pangea Foods Inc. undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.
For further information: Media contact: media@pangeafood.com
Find their Plant-based Patties on the Pangea Natural Foods website.
SOURCE Pangea Natural Foods Inc.
About Glory Juice
Glory Juice is in the business of developing and commercializing organic health food products. Glory Juice carefully crafts its juices with 2-3 lbs. of fresh produce in every bottle, with no added sugars or preservatives. Glory Juice believes that what you put into your body matters, and the Company’s commitment to using only organic ingredients sourced from local farms reflects its dedication to quality
and sustainability. Glory Juice supports local farmers with the goal of empowering its community and reducing environmentally harmful food miles.
Glory Juice’s commitment to sustainability goes beyond just using organic ingredients, as the company also focuses on upcycling waste from seed pulp to fruit peels to take steps to combat food miles. Glory Juice’s cold-pressed juicing method is the foundation of its business. Unlike centrifugal juicers that introduce heat and result in oxidation and loss of nutrients, Glory Juice’s cold-pressed juicers focus on preserving the beneficial properties of every ounce of juice, allowing for easy assimilation of essential vitamins, minerals, and nutrients for optimal health.
Glory Juice has been in operation for over 9 years and has three retail locations in Vancouver - Olympic Village, Yaletown, and Coal Harbour. The company is proud of its roots and the passion that drives it to create organic, fresh, and delicious juices, nut and seed mylks, ready-to-blend smoothies, wellness shots, and more. Glory Juice also offers franchising options, business-to-business partnerships with its wholesale partners, co-branding, and white-label capabilities.
Glory Juice’s mission is to nourish the body, mind, and environment, to allows its customers to live vibrant, healthy, and sustainable lives.
Transaction Terms
In consideration for the Purchased Shares, the Company will issue an aggregate of 6,000,000 common shares of the Company to the Vendors (the “Shares”). The Shares will be subject to contractual resale restrictions, pursuant to which 10% of the Shares will be released on the closing date of the Acquisition (the "Closing Date"), and 15% of the Shares will be released every 6 months thereafter.
Additionally, the Company will cause the Glory entities to repay outstanding loans owing to certain shareholders of Glory Juice (the “Loan Holders”) in the aggregate amount of approximately $1,800,000, through the issuance of secured promissory notes (the “Promissory Notes”) by the Glory Juice entities, in favour of the Loan Holders. The Promissory Notes will be repayable in equal quarterly installments over a 56-month period, with the first installment payable on the Closing Date. The Promissory Notes will rank senior, secured by all of the assets and property of Glory Juice, subject to certain specific permitted encumbrances, pursuant to a general security agreement, and guaranteed by the Company. There will also be a share pledge of the Purchased Shares in favour of the Loan Holders.
The Acquisition is subject to customary closing conditions as set out in the Agreement, including obtaining the applicable third party, corporate and regulatory approvals.
About Pangea Natural Foods Inc.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing, co-packing and distributing high-quality plant-based food products across North America.
On Behalf of the Board of Directors
“Pratap Sandhu”
Pratap Sandhu
CEO, Corporate Secretary and Director
For further information, please visit the Company’s website at www.pangeafood.com or contact:
Pangea Natural Foods Inc.
Pratap Sandhu, Chief Executive Officer
Telephone: +1 (604) 765-8069
Email: pratap@pangeafood.com
Forward-Looking Information
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to the closing of the Acquisition, the conditions to completing the Acquisition, timing and receipt of the applicable regulatory, corporate and third party approvals and other matters. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. As a result, there can be no
assurance that the proposed Acquisition or related matters will be completed as proposed or at all. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the Company's ability to complete the Acquisition as currently proposed or at all, the ability of the Company and Glory Juice to complete its planned future activities and anticipated business plans, the ability of the Company to obtain sufficient financing to fund its business activities and plans, and the Company's ability to obtain the applicable regulatory, corporate and third party approvals of the Acquisition. Other factors may also adversely affect the future results or performance of the Company, including general economic, market or business conditions, changes in the financial markets and changes in laws, regulations and policies affecting the Company’s operations and the Company’s limited operating history. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
VANCOUVER, BC, Feb. 28, 2023 /CNW/ -- Pangea Natural Foods Inc. (CSE: PNGA) (OTCQB: PNGAF) ("Pangea'' or the "Company"), a natural food company, is pleased to announce the engagement of Jordan Melville to provide franchising and food-related consulting and advisory services.
Melville's engagement is the second new hire that the Company has made this year, following the appointment of Daryl Louie as Pangea's Chief Marketing Officer earlier this year.
"As we grow and mature as a publicly listed company, we are committed to strengthening our team. We are excited to expand our team by bringing on Jordan," says Pratap Sandhu, the Company's Chief Executive Officer. "Last year we reached many milestones, including the introduction of four new product lines and the launch of Pangea products in over 250 retail outlets. We are looking forward to having Jordan join us and help support our growth plans in order to reach our 2023 goals."
Melville is joining the Company with decades of experience in food manufacturing, distribution and franchising. Previously, he worked with the executive team at the Boston Pizza franchise, providing strategic direction and leading the opening of over 400 locations across North America. Melville is also the Founder of Brandlive Management Group, an award-winning Vancouver based event production company.
Melville will support Sandhu and Pangea's executive leadership team in seeking to achieve the Company's goals of optimizing its supply chain, improving its manufacturing processes, and providing strategic direction on its distribution.
About Pangea Natural Foods Inc.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality food products across North America.
On Behalf of the Board of Directors
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
For further information, please visit the Company's website a www.pangeafood.com or contact:
Pangea Natural Foods Inc.
Pratap Sandhu,
Chief Executive Officer
Telephone: +1 (604) 765-8069
Email: pratap@pangeafood.com
Forward-Looking Information
Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws, including statements relating to: the Company's plans to expand distribution of its products throughout North America, including growth in its market and retailer position; and expected improvements in the Company's supply chain and manufacturing processes. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including, but not limited to, assumptions that: the Company's financial condition and development plans do not change; the Company will be able to widen the distribution of its products in North America and grow its market and retailer position; the Company will improve its supply chain and manufacturing processes; and the Company's business will grow. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to: market conditions and volatility and global economic conditions; risks relating to the extent and duration of the COVID-19 pandemic and its impact on global markets; risk of changes in the Company's financial condition and development plans; the risk that the Company will not be able to expand its distribution network or grow its market or retailer position; the risk that the Company's supply chain and manufacturing processes will not improve as anticipated; the possibility that the growth of the global organic food and beverage market will not be consistent with the Company's expectations, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
SOURCE Pangea Natural Foods Inc.
]]>VANCOUVER, British Columbia, Feb. 21, 2023 /CNW/ -- Pangea Natural Foods Inc. (CSE: PNGA) (OTCQB: PNGAF) ("Pangea'' or the "Company"), a natural food company, announced it has expanded its executive leadership team with the addition of a senior marketing veteran. Daryl Louie has been named as Pangea's Chief Marketing Officer.
Building on the momentum from 2022 when the Company launched four new product lines (including its signature Plant-Based Patties), introduced products in over 250 retail outlets, and listed on the CSE, Pangea is strengthening its organization to execute on its next phase of growth.
Louie will serve on the Company's Executive Team and will support Pratap Sandhu, the Company's Chief Executive Officer. The expanded executive leadership team aims to assist Pangea in building on its market position, growing its retailer footprint, sharpening its supply chain and manufacturing practices, and continuing to leverage its proprietary production processes to launch innovative products.
Louie is joining the Company with over a decade of experience in marketing. Previously, he was the co-founder of AntiSocial Media Solutions, a digital marketing agency with offices in Vancouver, Toronto, Montreal and Los Angeles. He led integrated digital campaigns with award-winning social media strategy and execution, an in-house content production team, influencer and creator strategy, and media buying, all of which spanned many industries. AntiSocial's has worked with clients such as Starbucks, 7-Eleven, Fairmont, Netflix, Subway, Cheetos, Riot Games, and many more. AntiSocial was acquired in 2019 and at the time of Louie's exit in 2021, Louie led the company in key client growth, agency strategy, and senior team leadership. AntiSocial had a staff of more than 60+ personnel when Louie departed.
"We are pleased to welcome Daryl to the team," said Sandhu. "Daryl's depth of knowledge and experience in marketing will enable him to bring insight and build a strong marketing engine at Pangea. Daryl's appointment is in line with Pangea's focused strategy of creating a culture of marketing excellence and we are excited to have Daryl join Pangea on this path."
About Pangea Natural Foods Inc.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality food products across North America.
On Behalf of the Board of Directors
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
Forward-Looking Information
Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws, including statements relating to: the Company's plans to expand distribution of its products throughout North America, including growth in its market and retailer position; expected improvements in the Company's supply chain and manufacturing processes; and expectations regarding the Company's growth and development of new products. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including, but not limited to, assumptions that: the Company's financial condition and development plans do not change; the Company will be able to widen the distribution of its products in North America and grow its market and retailer position; the Company will improve its supply chain and manufacturing processes; and the Company's business will grow and develop new products. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to: market conditions and volatility and global economic conditions; risks relating to the extent and duration of the COVID-19 pandemic and its impact on global markets; risk of changes in the Company's financial condition and development plans; the risk that the Company will not be able to expand its distribution network or grow its market or retailer position; the risk that the Company's supply chain and manufacturing processes will not improve as anticipated; the possibility that the growth of the global organic food and beverage market will not be consistent with the Company's expectations, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
For further information, please visit the Company's website at www.pangeafood.com or contact:
Pratap Sandhu, Chief Executive Officer
Telephone: +1 (604) 765-8069
Email: pratap@pangeafood.com
SOURCE Pangea Natural Foods Inc.
VANCOUVER, British Columbia, Feb. 13, 2023 /CNW/ -- Pangea Natural Foods Inc. (CSE: PNGA) (OTC: PNGAF) ("Pangea" or the "Company"), a natural food company, is pleased to announce the closing of its previously announced non-brokered private placement (the "Placement").
The Placement raised aggregate gross proceeds of $765,000 through the issuance of 7,650,000 units (the "Units") at a price of $0.10 per Unit. Each Unit consists of one Class "A" common share (a "Common Share") of Pangea and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder, on exercise thereof, to acquire one Common Share at a price of $0.20 per Common Share for a period of 24 months from the date of issuance, subject to acceleration in the event that the trading price of the Common Shares equals or exceeds $0.30 for a period of 10 consecutive days (the "Acceleration Right").
In connection with the Placement, the Company issued 128,000 finder's warrants (the "Finder's Warrants") and paid a cash commission of $12,800. Each Finder's Warrant will entitle the holder, on exercise thereof, to acquire one additional Common Share at a price of $0.20 per Common Share for a period of 24 months from the date of issuance.
The net proceeds of the Placement will be used for general working capital purposes. The securities issued under the Placement are subject to a statutory hold period in Canada expiring four months and one day from the date of issuance.
Omnibus Incentive Plan
Pangea also announces that the Company's board of directors has approved the adoption of a new rolling 15% omnibus incentive plan (the "Omnibus Plan") to supersede the Company's existing rolling 10% incentive stock option plan. The Omnibus Plan provides for the award of additional share-based compensation in addition to incentive stock options, including restricted share units, performance share units and deferred share units. The Company plans to submit the Omnibus Plan for approval by its shareholders at Pangea's next annual general meeting (the "Meeting"). Further information regarding the Omnibus Plan will be outlined in the management information circular to be filed on the Company's SEDAR page at www.sedar.com in connection with the Meeting.
On Behalf of the Board of Directors
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
About Pangea Natural Foods Inc.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality food products that are nutritious and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward Looking Statements
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward–looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the expected use of the proceeds under the Placement and future shareholder approval of the Omnibus Plan.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will use the proceeds of the Placement as currently anticipated and that the Omnibus Plan will be submitted to shareholders at the Company's next Meeting.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
For further information, please visit the Company's website at www.pangeafood.com or contact:
Pangea Natural Foods Inc.
Pratap Sandhu, Chief Executive Officer
Telephone: +1 (604) 765-8069
Email: pratap@pangeafood.com
SOURCE Pangea Natural Foods Inc.
]]>VANCOUVER, B.C., Oct. 24, 2022 /PRNewswire/ -- Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, is pleased to announce hitting the milestone of selling over 5,000 units of its Pangea Old Fashioned Ghee, a grass-fed, organic, clarified butter sourced from New Zealand to Save-On-Foods across its Canadian locations within the last 30 days.
Save-On-Foods is a chain of supermarkets located across Western Canada, owned by the Pattison Food Group. With Save-on-Foods, the Company has listed Pangea Old Fashioned Ghee nationally in approximately 177 stores.
"Our customers are consistently purchasing our products and our brand recognition is growing rapidly," says Pangea CEO Pratap Sandhu, "We're very pleased with the distribution results from our relationship with Save-on-Foods, a well-known and established retailer."
The Company's Old Fashioned Ghee is a grass-fed, organic, clarified butter sourced from New Zealand.
In 2021, the Global Ghee Market reached a value of US$45.7 billion, while's expected to reach US$68.9 billion by 2027, growing at a CAGR of 7.18%.[1]
All of the Company's products are manufactured in the Vancouver lower mainland at an in-house facility approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration. To provide a convenient experience for its customers, the Company offers its products for purchase via e-commerce platforms and traditional retail outlets, including Save-on-Foods.
Pangea offers a broad portfolio of innovative healthy food products that taste great and are sustainably sourced. Pangea's signature products include the Pangea Plant-Based Patties, Old Fashioned Ghee and Munchie Mix, which are available on the Company's website and in over 250 leading national retail food stores across Canada and the United States.
About Pangea Natural Foods Inc.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality food products that are nutritious and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.
On Behalf of the Board of Directors
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
For further information, please visit the Company's website at www.pangeafood.com or contact:
Pangea Natural Foods Inc.
Pratap Sandhu, Chief Executive Officer
Telephone: +1 (604) 765-8069
Email: pratap@pangeafood.com
Forward-Looking Information
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company's plans to expand distribution of its products throughout North America and expectations regarding the Company's growth. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking statements are based on certain material assumptions and analyses made by management of the Company and the opinions and estimates of management of the Company as of the date of this news release, including that the Company will be able to widen the distribution of its products in North America and that the Company's business will grow. Although the Company considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not be able to expand its distribution network, and the other risks and uncertainties applicable to the Company and the business of the Company as set forth in the Company's final long form prospectus dated June 20, 2022 and its other disclosure available under the Company's profile at www.sedar.com.
There can be no assurance that the transactions contemplated in this news release will complete. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
[1] https://www.imarcgroup.com/ghee-market#
SOURCE Pangea Natural Foods Inc.
]]>For further information, please visit the Company's website at www.pangeafood.com or contact:
Pangea Natural Foods Inc.
Pratap Sandhu, Chief Executive OfficerForward-Looking Information
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company's plans to expand distribution of its products throughout North America and expectations regarding the Company's growth. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking statements are based on certain material assumptions and analyses made by management of the Company and the opinions and estimates of management of the Company as of the date of this news release, including that the Company will be able to widen the distribution of its products in North America and that the Company's business will grow. Although the Company considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not be able to expand its distribution network, and the other risks and uncertainties applicable to the Company and the business of the Company as set forth in the Company's final long form prospectus dated June 20, 2022 and its other disclosure available under the Company's profile at www.sedar.com.
There can be no assurance that the transactions contemplated in this news release will complete. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
SOURCE Pangea Natural Foods Inc.
VANCOUVER, BC, Sept. 29, 2022 /PRNewswire/ -- Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, today announced the launch of Pangea Chikken Nuggets, a protein-rich vegan meat alternative.
The Company's vegan Chikken Nuggets are made with three types of pea protein and are free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients. This is the Company's second plant-based product, after the Pangea Plant-Based Patties.
The global vegan food market is projected to grow from US$26.16 billion in 2021 to US$61.35 billion in 2028 at a CAGR of 12.95% in the forecasted period of 2021-2028. The global vegan food market is projected to grow from $26.16 billion in 2021 to $61.35 billion in 2028 at a CAGR of 12.95% in forecast period, 2021-2028.[1]
"We are excited to launch another plant-based product given the immense growth that the sector is experiencing globally. Understanding consumer lifestyle and food trends, and a commitment to innovation, allows our team to continuously introduce new products, such as the Chikken Nuggets, to the market," says Pangea CEO Pratap Sandhu, "The Pangea Chikken Nuggets are the perfect meat alternative because they taste great, they are healthy, and are packed with iron, and calcium. Plus, each nugget has 21 grams of protein."
Pangea offers a broad portfolio of innovative healthy food products that taste great and are sustainably sourced. Pangea's signature products include the Pangea Plant-Based Patties, Old Fashioned Ghee and Munchie Mix, which are available on the Company's website and in over 250 leading national retail food stores across Canada and the United States.
The Company manufactures their products in-house at their Vancouver Lower Mainland facility. The Company's facility has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration.
About Pangea Natural Foods Inc.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality food products that are nutritious and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.
On Behalf of the Board of Directors
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
For further information, please visit the Company's website at www.pangeafood.com or contact:
Pangea Natural Foods Inc.
Pratap Sandhu, Chief Executive Officer
Telephone: +1 (604) 765-8069
Email: pratap@pangeafood.com
Forward-Looking Information
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company's plans to expand distribution of its products throughout North America and expectations regarding the Company's growth. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking statements are based on certain material assumptions and analyses made by management of the Company and the opinions and estimates of management of the Company as of the date of this news release, including that the Company will be able to widen the distribution of its products in North America and that the Company's business will grow. Although the Company considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not be able to expand its distribution network, and the other risks and uncertainties applicable to the Company and the business of the Company as set forth in the Company's final long form prospectus dated June 20, 2022 and its other disclosure available under the Company's profile at www.sedar.com.
There can be no assurance that the transactions contemplated in this news release will complete. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
[1] https://www.fortunebusinessinsights.com/vegan-food-market-106421
SOURCE Pangea Natural Foods Inc.
VANCOUVER, BC, Sept. 7, 2022 /CNW/ - Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, is pleased to announce the launch of Pangea Munchie Mix, a high-protein snack mix which will be available on Air Canada's network of flights.
The Company's Munchie Mix is a superfood rich snack made with dried cranberries, yogurt chips, roasted cashews, almonds and pumpkin seeds. The Company manufactures the Munchie Mix, along with its Plant-Based Patties and Old Fashioned Ghee, in-house at its Vancouver Lower Mainland facility. The Company's facility has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration.
"The introduction of Munchie Mix into Pangea's product line is yet another opportunity for us to bring high-quality products to the market. All ingredients are free of GMOs and packed with antioxidants, magnesium, manganese, zinc and vitamin E," says Pangea's CEO, Pratap Sandhu, "Every step we take to make healthy and nutritious products more accessible for consumers is a step in the right direction and something we constantly strive for at Pangea."
Pangea's Munchie Mix will initially be available on Air Canada's (TSX: AC) fleet of airplanes. Air Canadais Canada's largest domestic and international airline with a fleet of over 330 aircrafts and serving more than 160 destinations. Together with Air Canada Rouge and Air Canada Express partners, Air Canada provides scheduled passenger service directly to 51 Canadian airports, 46 destinations in the United States and 67 airports in Europe, the Middle East, Asia, and Africa.
Sandhu commented on the Company's new distribution with Air Canada saying, "We are thrilled to introduce the Munchie Mix to Air Canada's large network of routes, thus expanding our distribution beyond just an e-commerce and retail footprint."
To date, the Company offers its other products, the Pangea Plant-Based Patties and Old Fashioned Ghee, via its online website and through over 250 retail outlets across Canada and the United States.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality food products that are nutritious and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.
On Behalf of the Board of Directors
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company's plans to expand distribution of its products throughout North America and expectations regarding the Company's growth. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking statements are based on certain material assumptions and analyses made by management of the Company and the opinions and estimates of management of the Company as of the date of this news release, including that the Company will be able to widen the distribution of its products in North America and that the Company's business will grow. Although the Company considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not be able to expand its distribution network, and the other risks and uncertainties applicable to the Company and the business of the Company as set forth in the Company's final long form prospectus dated June 20, 2022 and its other disclosure available under the Company's profile at www.sedar.com.
There can be no assurance that the transactions contemplated in this news release will complete. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
SOURCE Pangea Natural Foods Inc.
For further information: please visit the Company's website at www.pangeafood.com or contact: Pangea Natural Foods Inc., Pratap Sandhu, Chief Executive Officer, Telephone: +1 (604) 765-8069, Email: pratap@pangeafood.com
]]>VANCOUVER, British Columbia, Aug. 25, 2022 /PRNewswire/ -- Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, is pleased to announce it has expanded into the United States with retail distribution in H Mart.
Founded in 1982, H Mart is an American supermarket chain operated by the Hanahreum Group and headquartered in Lyndhurst, New Jersey. The chain has 84 stores throughout the United States, as well as outlets in Canada, and the United Kingdom. As of July 16th, 2022 the Company's Plant-Based Patties were listed in select H Mart locations across Texas.
The Company's Plant-Based Patties are made of pea-protein and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.
Pangea's CEO, Pratap Sandhu, commented on the Company's new distribution with H Mart, "Building on the positive momentum of our recent distribution across Canada, we're excited to now expand into the United States. We look forward to introducing our products to a broader range of customers - making delicious, nutritious and sustainable eating more accessible than ever before."
All of the Company's products are manufactured in the Vancouver lower mainland at an in-house facility approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration. To provide a convenient experience for its customers, the Company offers its products for purchase via e-commerce platforms and traditional retail outlets.
About Pangea Natural Foods Inc.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality food products across North America.
On Behalf of the Board of Directors
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
For further information, please visit the Company's website at www.pangeafood.com or contact:
Pangea Natural Foods Inc.
Pratap Sandhu, Chief Executive Officer
Telephone: +1 (604) 765-8069
Email: pratap@pangeafood.com
Forward-Looking Information
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company's plans to expand distribution of its products throughout North America and expectations regarding the Company's growth. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking statements are based on certain material assumptions and analyses made by management of the Company and the opinions and estimates of management of the Company as of the date of this news release, including that the Company will be able to widen the distribution of its products in North America and that the Company's business will grow. Although the Company considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not be able to expand its distribution network, and the other risks and uncertainties applicable to the Company and the business of the Company as set forth in the Company's final long form prospectus dated June 20, 2022 and its other disclosure available under the Company's profile at www.sedar.com.
There can be no assurance that the transactions contemplated in this news release will complete. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
SOURCE Pangea Natural Foods Inc.
]]>VANCOUVER, BC, Aug. 23, 2022 /CNW/ - Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, is pleased to announce it has increased retail distribution across Canada with IGA Marketplace BC and Fresh Street Market.
IGA Marketplace BC and Fresh Street Market are owned by H.Y. Louie Co., a 117-year-old firm that also owns London Drugs. As of June 2022, both the Pangea Old Fashioned Ghee and Pangea Plant-Based Patties were listed in approximately 23 IGA Marketplace stores in British Columbia, and in all seven Fresh Street Market locations. The Company's products are now listed in over 250 retail outlets across Canada.
The Company's Old Fashioned Ghee is a grass-fed, organic, clarified butter sourced from New Zealand and the Plant-Based Patties are made of pea-protein and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.
"We're incredibly excited to bring our successful products to IGA and Fresh Street Market customers and serve up even more delicious, natural products," said Pangea CEO Pratap Sandhu, "Our Old Fashioned Ghee and Plant-Based Patties will continue to raise the bar for Canadian consumers who are looking for innovative and healthy alternatives."
All of the Company's products are manufactured in the Vancouver lower mainland at an in-house facility approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration. To provide a convenient experience for its customers, the Company offers its products for purchase via e-commerce platforms and traditional retail outlets, including Save-on-Foods.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality plant-based food products across North America.
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company's plans to expand distribution of its products throughout North America and expectations regarding the Company's growth. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking statements are based on certain material assumptions and analyses made by management of the Company and the opinions and estimates of management of the Company as of the date of this news release, including that the Company will be able to widen the distribution of its products in North America and that the Company's business will grow. Although the Company considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not be able to expand its distribution network, and the other risks and uncertainties applicable to the Company and the business of the Company as set forth in the Company's final long form prospectus dated June 20, 2022 and its other disclosure available under the Company's profile at www.sedar.com.
There can be no assurance that the transactions contemplated in this news release will complete. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
SOURCE Pangea Natural Foods Inc.
For further information: please visit the Company's website at www.pangeafood.com or contact Pangea Natural Foods Inc., Pratap Sandhu, Chief Executive Officer, Telephone: +1 (604) 765-8069, Email: pratap@pangeafood.com
]]>VANCOUVER, BC, July 4, 2022 /CNW/ - Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, is pleased to announce that the common shares of the Company commenced trading on the Canadian Securities Exchange today under the trading symbol "PNGA".
Pangea CEO Pratap Sandhu says, "Pangea Natural Foods has partnered with experienced food scientists to formulate its products, with a focus on delivering high quality food products to consumers. We look forward to introducing our products to a broad range of customers and widening our products' distribution throughout North America. Along the journey towards this listing, Pangea has focused on developing products using quality ingredients. We believe the key to the Company's growth will be providing consumers with very nutritious, satisfying foods with great taste and texture. We truly believe our loyal customers speak for themselves."
The Company produces and sells plant-based patties that are both nutritious and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients. Pangea's plant-based patties are manufactured in the Vancouver lower mainland at an in-house facility approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration. To provide a convenient experience for its customers, the Company offers its products for purchase via e-commerce platforms and traditional retail outlets.
Mr. Sandhu adds, "Each vegan patty is handmade with rigorous standards, using locally sourced whole food ingredients such as: leeks, bell peppers, spinach, potatoes, black beans, carrots, chickpeas, mushrooms and breadcrumbs. Additionally, Pangea uses pea protein instead of soy protein in its formulation."
The Company's key objective is to create products that are nutritious, delicious, and that will satisfy consumer palates while being plant-based and non-GMO. Pangea's founders believe in creating flavourful food without harming animals in the process.
Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality plant-based food products across North America.
(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company's plans to expand distribution of its products throughout North Americaand expectations regarding the Company's growth. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.
Forward-looking statements are based on certain material assumptions and analyses made by management of the Company and the opinions and estimates of management of the Company as of the date of this news release, including that the Company will be able to widen the distribution of its products in North America and that the Company's business will grow. Although the Company considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not be able to expand its distribution network, and the other risks and uncertainties applicable to the Company and the business of the Company as set forth in the Company's final long form prospectus dated June 20, 2022 and its other disclosure available under the Company's profile at www.sedar.com.
There can be no assurance that the transactions contemplated in this news release will complete. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.
SOURCE Pangea Natural Foods Inc.
For further information: For further information, please visit the Company's website at www.pangeafood.com or contact: Pangea Natural Foods Inc., Pratap Sandhu, Chief Executive Officer, Telephone: +1 (604) 765-8069, Email: pratap@pangeafood.com
]]>Founded in April 2021 by Pratap Sandhu, Pangea Natural Foods Inc., is Vancouver’s own vegan food company. Pangea Natural Foods is set to launch its first product, the “Plant-based Patties” and has plans for a wide array of vegan food products down the line thanks to its Canadian Food Inspection Agency and Food and Drug Administration approved production facility.
Having recently announced their flagship product, “Plant-Based Patties,” Pangea Foods is pleased to announce they have completed and oversubscribed their $1.4 million seed financing round. Additionally, they are happy to report they intend to list on the Canadian Securities Exchange in March of 2022.
In addition to oversubscribing their Seed A Financing round, Pangea Foods is pleased to announce that they will be attending Canada’s largest plant-based event, Planted Expo as an exhibitor. “Canada’s largest plant-based event of the year! With over 200 vegan edible and lifestyle businesses in one place! Plus the stage will be packed with insightful, informative inspirational speakers from around the world.”
As Canada’s largest plant-based event of the year, Planted Expo will house over 200 vegan edible and lifestyle businesses in one place and the stage will be packed with insightful, informative inspirational speakers from around the world. Veganism and vegetarianism have been steadily rising in Canada for years. In Canada alone, there are approximately 850,000 vegans and 2.3 million vegetarians and British Columbia has the highest share of both vegetarians and vegans. The percentage of Canadians who eat meat-free meals at least some of the time also keeps increasing.
This explains why Vancouver is the host of the first ever Planted Expo. The event runs November 20th - 21st, 2021 right in the heart of Vancouver at the Vancouver Convention Center West, one of the world’s most environmentally sustainable buildings.
Pangea Foods is thrilled to announce that they are taking part in the Planted Expo and will be showcasing their new flagship product, “Plant-based Patties” at Booth 331. This event will create great exposure and catapult Pangea Foods forward as their new product will be available in local retailers and on their website here: Pangea Natural Foods Website.
About: Founded in April 2021 by Pratap Sandu, Pangea Natural Foods Inc. is Vancouver’s own vegan food company. Pangea Natural Foods has partnered with world renowned food scientists to formulate its high-quality food product and is set to launch its first product, the “Plant-based Patties.” Pangea Foods offers a revolutionary Plant-based Patty free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients. Standing by their brand “Powered by Plants,” Pangea Foods plans for a wide array of vegan food products in the near future thanks to its CFIA and FDA-approved production facility.
Forward Looking and Cautionary Statements:
Certain information included in this press release constitutes forward-looking information. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “will'' or similar words suggesting future outcomes or statements. These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ from those stated, anticipated or implied by such forward-looking statements. While Pangea Foods Inc. believes that its assumptions are reasonable and attainable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. Pangea Foods Inc. undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.
For further information: Media contact: media@pangeafood.com
Find the new Plant-based Patties at the Pangea Natural Foods website.
SOURCE: Pangea Natural Foods Inc.
]]>
Founded in April 2021 by Pratap Sandhu, Pangea Natural Foods Inc., is Vancouver’s own vegan food company. Pangea Natural Foods is set to launch its first product, the “Plant-based Patties” and has plans for a wide array of vegan food products down the line thanks to its Canadian Food Inspection Agency and Food and Drug Administration approved production facility.
Having recently announced their flagship product, “Plant-Based Patties,” Pangea Foods is pleased to announce they have completed and oversubscribed their $1.4 million seed financing round. Additionally, they are happy to report they intend to list on the Canadian Securities Exchange in March of 2022.
In addition to oversubscribing their Seed A Financing round, Pangea Foods is pleased to announce that they will be attending Canada’s largest plant-based event, Planted Expo as an exhibitor.
“Canada’s largest plant-based event of the year! With over 200 vegan edible and lifestyle businesses in one place! Plus the stage will be packed with insightful, informative inspirational speakers from around the world.”
As Canada’s largest plant-based event of the year, Planted Expo will house over 200 vegan edible and lifestyle businesses in one place and the stage will be packed with insightful, informative inspirational speakers from around the world.
Veganism and vegetarianism have been steadily rising in Canada for years. In Canada alone, there are approximately 850,000 vegans and 2.3 million vegetarians and British Columbia has the highest share of both vegetarians and vegans. The percentage of Canadians who eat meat-free meals at least some of the time also keeps increasing.
This explains why Vancouver is the host of the first ever Planted Expo. The event runs November 20th - 21st, 2021 right in the heart of Vancouver at the Vancouver Convention Center West, one of the world’s most environmentally sustainable buildings.
Pangea Foods is thrilled to announce that they are taking part in the Planted Expo and will be showcasing their new flagship product, “Plant-based Patties” at Booth 331. This event will create great exposure and catapult Pangea Foods forward as their new product will be available in local retailers and on their website here: Pangea Natural Foods Website.
About: Founded in April 2021 by Pratap Sandu, Pangea Natural Foods Inc. is Vancouver’s own vegan food company. Pangea Natural Foods has partnered with world
renowned food scientists to formulate its high-quality food product and is set to launch its first product, the “Plant-based Patties.” Pangea Foods offers a revolutionary Plant-based Patty free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients. Standing by their brand “Powered by Plants,” Pangea Foods plans for a wide array of vegan food products in the near future thanks to its CFIA and FDA-approved production facility.
Forward Looking and Cautionary Statements:
Certain information included in this press release constitutes forward-looking information. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “will'' or similar words suggesting future outcomes or statements based on management’s current opinions, expectations, beliefs, plans, objectives, forward-looking statements are only predictions, not historical fact, and involve certain. These statements are assumptions or projections regarding future events or future results. These risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ from those stated, anticipated or implied by such forward-looking statements. While Pangea Foods Inc. believes that its assumptions are reasonable and attainable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. Pangea Foods Inc. undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.
SOURCE: Pangea Natural Foods Inc.
For further information: Media contact: media@pangeafood.com
Find the new Plant-based Patties at the Pangea Natural Foods website.