Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF). has announced that sustainability advocate Dave Richardson will serve as special advisor to Boosh's management team and its board of directors.
As the special advisor, the company said Richardson will assist its management team with overall business development, and expansion plans through mergers and acquisitions throughout Canada and the US.
Richardson has an extensive background assisting emerging growth companies in numerous industries including the plant-based food sector. He also has experience as an investor, executive, and founder of multiple technology companies.
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Boosh said he is a proponent and defender for sustainability as well as the environment and is an advisory board member to several innovative green technology companies. He also serves as a director for GreenPower Motor Company.
"I think the opportunity is significant for Boosh to continue and expand their unique brand of 100% plant-based, non-GMO, gluten free frozen and refrigerated products throughout Canada and the US,” said Richardson in a statement.
“I'm impressed with the sensible manner that management has controlled their cash resources, their development of a very strong and growing list of customers and the company's excellent market penetration in a very short amount of time.”
Boosh CEO Jim Pakulis added: "Dave has an extensive network in the food industry, a long history of providing financial and consulting support to emerging growth companies and is passionate about creating sustainable products and services. With his national and international business expertise, we are honored that he's offering his leadership and guidance to Team Boosh."
In consideration of Richardson's services, the company has issued to him 200,000 warrants exercisable at $0.90 per share. As well, he purchased the right to exercise 200,000 warrants exercisable at $0.50 per share directly from CEO Pakulis' personal holdings.
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