September 11, 2023 – Vancouver, British Columbia – Right Season Investments Corp. (TSXV: LITT) (“Right Season” or the “Company”) is pleased to announce that it has made an investment in Blender Bites Limited (“Blender Bites”).
The Company purchased 31,667 units of Blender Bites (each, a “Blender Bites Unit”) at a price of $3.00 per Blender Bites Unit by way of private placement for an aggregate purchase price of $95,000. Each Blender Bites Unit is comprised of one common share of Blender Bites (a “Blender Bites Share”) and one common share purchase warrant (a “Blender Bites Warrant”). Each Blender Bites Warrant entitles the Company to purchase an additional Blender Bites Share at a price of $3.30 per Blender Bites Share for a period of five (5) years from issuance.
Blender Bites is an award-winning Canadian company involved in the development and marketing of a line of premium frozen food products with a focus on functionality. Blender Bites was founded in 2016 and was first to market in Western Canada with a pre-portioned “easy smoothie” product that is free of any unnecessary inner plastic packaging. Blender Bites products are certified organic, vegan, non-GMO, gluten free, dairy free and soy free. They contain no added sugars and are made in Canada. Blender Bites products are distributed internationally across Canada and the US, and are currently sold in over 900 stores, including Sobeys, Loblaws, Safeway, Save on Foods, Real Canadian Superstore, Whole Foods Market, Buy-Low/Nesters, IGA, Thrifty and Fresh Street.
About Right Season Investments Corp.
Right Season Investments Corp. is a Canadian Venture Capital, Investment and Advisory Firm that strives to actively drive innovation and accelerate growth for its shareholders. Right Season invests capital into private and public companies that offer excellent growth opportunities.
Cautionary and Forward-Looking Statements
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