CA Market News
2週前
Eshbal Reports Record Q1 2026 Revenues, Up 43% YoYJune 2, 2026 7:04 AM
NewsfileToronto, Ontario--(Newsfile Corp. - June 2, 2026) - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company"), a developer and manufacturer of gluten-free and better-for-you food and dietary supplement products, reports its financial results for the three months ended March 31, 2026.Eshbal Functional Food Inc.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/12370/299697_a06921aa1416cba1_001full.jpgQ1, 2026 HighlightsRevenue increased 43% to US$5.38 million compared to US$3.76 million in Q1 2025Gross profit increased 41% to US$1.55 million compared to US$1.10 million in Q1 2025, while gross margin remained relatively stable at ~29%Operating income for Q1 2026 totaled US$254 thousand and income before taxes totaled US$149 thousand as compared to operating income of 434 thousand and income before tax of $390 thousand in Q1 2025Q1 2026 included initial partial-quarter contributions from the Gluten Free Nation and Dare to Be Different acquisitions, both of which closed in February 2026EBITDA for Q1 2026 totaled approximately US$512 thousand as compared to $604 thousand for Q1 2025. The Company continued expanding its North American commercial activities across retail, foodservice and e-commerce channelsQ1, 2026 results reflected operations prior to completion of the Company's reverse takeover transaction (RTO) and prior to the expansion of the Company's North American operating platform and related public company activities."We are pleased with the Company's strong start to 2026, highlighted by record quarterly revenues and continued expansion of our North American operations," said Tomer Bar Meir, Chief Executive Officer of Eshbal. "During the quarter, we completed the acquisitions of Gluten Free Nation and Dare to Be Different, continued advancing our retail, foodservice and e-commerce activities in North America, and expanded local commercial production capabilities. While these initiatives increased operating expenses during the quarter, management believes these initiatives establish important infrastructure for future growth."The Company's condensed interim consolidated financial statements and management discussion and analysis for the three months ended March 31, 2026 are available under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.eshbal.com. Additional information regarding certain Company brands and direct-to-consumer platforms is available at www.barilifoods.com and www.d2bdfoods.com.Non-GAAP Financial MeasuresThe Company references EBITDA, which is a non-IFRS (non-GAAP) measure EBITDA means adjusted earnings before interest, taxes, depreciation and amortization. EBITDA is equal to net income (loss) before income taxes plus finance costs plus depreciation. EBITDA is not a recognized measure under IFRS. Management believes that in addition to net income (loss), EBITDA is a useful supplemental measure as it provides an indication of the results generated by the Company's primary business activities prior to consideration of how those activities are financed, amortized, or how the results are taxed and consolidated in various jurisdictions and currencies as well as the cash generated by the Company's primary business activities without consideration of the timing of the monetization of non-cash working capital items.Readers should be cautioned, however, that EBITDA should not be construed as an alternative to net income determined in accordance with IFRS as an indicator of the Company's performance. The Company's method of calculating EBITDA may differ from other organizations and, accordingly, EBITDA may not be comparable to measures used by other organizations.The non-IFRS measures referenced in this release reconcile to the IFRS measures reported in the Condensed Interim Consolidated Financial Statements as follows, unless reconciled elsewhere:
Three months ended
March 31,
2026
2025
(in thousands of US Dollars)
Operating income before interest and tax$254
$434
Share based compensation
58
-
Depreciation
200
170
EBITDA $512
$604
About Eshbal Functional Food Inc.Eshbal Functional Food Inc. (TSXV: ESBL) is a publicly traded food-tech company focused on building a scalable platform of gluten-free and health-oriented food brands across retail, foodservice, and online channels in North America.Since listing on the TSX Venture Exchange in 2025, Eshbal has been executing its North American growth strategy through a combination of organic expansion and strategic acquisitions. The Company's operations include gluten-free, better-for-you, and functional food products sold across retail, foodservice, and online channels.During this period, the Company completed the acquisition of Gluten Free Nation, acquired a majority interest in Dare to Be Different Foods, launched localized North American production in partnership with Queen Street Bakery, and strengthened its commercial infrastructure in the region.Eshbal's strategy is focused on integrating complementary better-for-you brands into a centralized operating platform designed to expand distribution, support operational efficiencies, and create long-term growth opportunities.(Eshbal maintains active digital engagement and investor communications through its corporate website and official social media channels:Website
LinkedIn
Facebook Tomer Bar Meir, CEO
Anat Shuhami, Head of Investor CommunicationsInvestors@Eshbal.com
Eshbal.com +9724-6375110 Disclaimers:Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299697 Original: Eshbal Reports Record Q1 2026 Revenues, Up 43% YoY
CA Market News
3週前
Eshbal Announces Appointment of Nir Peles to Board of Directors, Achievement of Revenue Milestones and Ontario ContinuanceMay 29, 2026 9:06 AM
NewsfileToronto, Ontario--(Newsfile Corp. - May 29, 2026) - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company"), a developer and manufacturer of gluten-free and better-for-you food and dietary supplement products, today announced the appointment of Mr. Nir Peles to its Board of Directors, the achievement of certain performance milestones associated with the Company's reverse takeover transaction completed in April 2025, and the completion of the Company's continuance into the Province of Ontario.
Eshbal Functional Food Inc.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/12370/299364_2d5326e194220b3d_001full.jpgNir Peles - New DirectorEshbal today announced that the Company's Board of Directors has appointed Mr. Nir Peles to serve as a director of Eshbal.Yuval Levy, Chairman, on behalf of the Company's Board of Directors, commented: "I am delighted to welcome Nir, whom I know for many years, to Eshbal's Board of Directors. With deep industry expertise and a proven strength in strategic planning and capital markets, he brings valuable insights and leadership as we continue to guide Eshbal's long-term strategy. We look forward to Nir's contributions in the years ahead."Mr. Peles is an entrepreneur, equity investor and founder of BioMeat FoodTech (TLV: BIMT), a public foodtech investment platform focused on alternative proteins and next-generation food innovation. Mr. Peles has extensive experience in business development, strategic growth initiatives and M&A transactions, with a particular focus on functional foods, gluten-free products, personalized nutrition and better-for-you consumer brands. Mr. Peles is a CPA and studied for his MBA at Tel Aviv University, holds a Master of Laws degree from Bar Ilan University and a Master's degree in Sea Resource Management.With the addition of Mr. Peles to the Company, Eshbal Company continues evaluating new product categories and technology and AI-assisted development initiatives focused on emerging health and wellness trends, including gluten-free and GLP-1 friendly nutritional solutions. Management believes these initiatives may support future product innovation and expansion into additional better-for-you consumer segments.Annualized Revenue Milestones AchievedOn April 28, 2026, the Board confirmed the achievement of two performance milestones associated with the reverse takeover transaction completed in April 2025 (the "RTO"), specifically the achievement of: (i) Annualized Gross Revenues of at least CAD$17,000,000 with Earnings Before Interest, Taxes, Depreciation, and Amortization ("EBITDA") of at least 3% of Gross Revenues; and (ii) Annualized Gross Revenues of at least CAD$18,500,000 with EBITDA of at least 3.8% of Gross Revenues. This achievement triggered the issuance of 11,200,000 common shares in the capital of Eshbal ("Common Shares") to certain original shareholders of Eshbal Functional Food (Agricultural Cooperative) Ltd. ("Eshbal Israel").Finance Linked Share IssuancesIn connection with the RTO, the original shareholders of Eshbal Israel were issued compensation securities convertible, for no consideration, into Common Shares if certain conditions were met. On April 28, 2026, the Board confirmed that the conditions were met triggering the issuance of 3,241,238 Common Shares to certain original shareholders of Eshbal Israel.Ontario ContinuanceEshbal also announces that, effective April 14, 2026, the Company has been continued from British Columbia (Business Corporations Act (British Columbia)) to Ontario (Business Corporations Act (Ontario)) (the "Continuance").The Company adopted new articles and by-laws as part of the Continuance, which replaced the prior articles and by-laws of the Company. The Continuance and the new articles and by-laws of the Company were each approved by shareholders at the Company's special meeting of shareholders held on April 10, 2026. Copies of the certificate of continuance and the new articles and by-laws of the Company will be available on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile.About Eshbal Functional Food Inc.Eshbal Functional Food Inc. (TSXV: ESBL) is a publicly traded food-tech company focused on building a scalable platform of gluten-free and health-oriented food brands across retail, foodservice, and online channels in North America.Since listing on the TSX Venture Exchange in 2025, Eshbal has been executing its North American growth strategy through a combination of organic expansion and strategic acquisitions. The Company's operations include gluten-free, better-for-you, and functional food products sold across retail, foodservice, and online channels.During this period, the Company completed the acquisition of Gluten Free Nation, acquired a majority interest in Dare to Be Different Foods, launched localized North American production in partnership with Queen Street Bakery, and strengthened its commercial infrastructure in the region.Eshbal's strategy is focused on integrating complementary better-for-you brands into a centralized operating platform designed to expand distribution, support operational efficiencies, and create long-term growth opportunities.(Eshbal maintains active digital engagement and investor communications through its corporate website and official social media channels:Website
LinkedIn
Facebook Tomer Bar Meir, CEO
Anat Shuhami, Head of Investor CommunicationsInvestors@Eshbal.com
Eshbal.com +9724-6375110 Disclaimers:Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299364 Original: Eshbal Announces Appointment of Nir Peles to Board of Directors, Achievement of Revenue Milestones and Ontario Continuance
CA Market News
3週前
Eshbal Functional Food Advances North American Omnichannel Strategy with Online Store LaunchMay 27, 2026 8:37 AM
NewsfileToronto, Ontario--(Newsfile Corp. - May 27, 2026) - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company") announced the official launch of its North American direct-to-consumer (DTC) and B2B online stores, marking another step in the Company's previously announced strategy to expand accessibility, distribution, and consumer reach across the United States and Canada.The online rollout includes products from several of the Company's brands, including Barili Foods, Gluten Free Nation (GFN), and Dare to Be Different Foods (D2BD), offering consumers access to a growing portfolio of gluten-free and better-for-you products through Shopify-powered stores and selected digital marketplace platforms.The Company stated that the launch is intended to support its broader multi-channel growth strategy across retail, foodservice, and online distribution throughout North America.Approximately 20 SKUs are currently available online, including Barili's vegan pita products alongside baked goods and specialty offerings from GFN and D2BD. The Company also noted that the online expansion complements its growing North American commercial network, which includes relationships with retailers, distributors, and foodservice operators such as Kroger, UNFI, Sysco, US Foods, and KeHE.The Company also intends to evaluate additional online distribution opportunities through selected digital marketplace and third-party fulfillment channels as part of its broader North American growth strategy.Natalie Ben-Zur, VP of Online & Business Operations, commented:"The launch of our online platforms is an important part of executing the strategy we introduced to the market over the past year. Alongside our retail and foodservice activity, we believe the online channel may help increase accessibility, improve product visibility, and strengthen direct consumer engagement as we continue expanding our North American presence."According to the Company, the online platforms are also expected to support broader brand visibility, direct consumer interaction, and future product development initiatives as Eshbal continues building its North American operating platform.The launch follows several recent milestones for the Company, including local North American production initiatives, strategic acquisitions, and continued expansion across distribution and foodservice channels.Consumers can access the Company's online stores through:Barili Foods Dare to Be Different About Eshbal Functional Food Inc.Eshbal Functional Food Inc. (TSXV: ESBL) is a publicly traded food-tech company focused on building a scalable platform of gluten-free and health-oriented food brands across retail, foodservice, and online channels in North America.Since listing on the TSX Venture Exchange in 2025, Eshbal has been executing its North American growth strategy through a combination of organic expansion and strategic acquisitions. The Company's operations include gluten-free, better-for-you, and functional food products sold across retail, foodservice, and online channels.During this period, the Company completed the acquisition of Gluten Free Nation, acquired a majority interest in Dare to Be Different Foods, launched localized North American production in partnership with Queen Street Bakery, and strengthened its commercial infrastructure in the region.Eshbal's strategy is focused on integrating complementary better-for-you brands into a centralized operating platform designed to expand distribution, support operational efficiencies, and create long-term growth opportunities.Eshbal maintains active digital engagement and investor communications through its corporate website and official social media channels:Website
LinkedIn
Facebook
InstagramTomer Bar Meir, CEO
Anat Shuhami, Head of Investor Communications Investors@Eshbal.com
Eshbal.com
Disclaimers: Neither the TSX Venture Exchange Inc., nor its Regulation Service provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298955 Original: Eshbal Functional Food Advances North American Omnichannel Strategy with Online Store Launch
CA Market News
2月前
Eshbal Reports 2025 Results with Revenue Growth and Margin ImprovementMay 1, 2026 9:08 AM
PR Newswire (Canada)
TSXV: ESBLVANCOUVER, BC, May 1, 2026 /CNW/ - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company") reports its financial results and MD&A for the year ended December 31, 2025.
The Company reported revenues of US $13.8 million for 2025, compared to $11.4 million in 2024, representing an increase of approximately 20% year-on-year. Gross profit increased to $3.5 million, with gross margin improving to approximately 25.4%, compared to 22.7% in the prior year.The increase in revenues and gross profit reflects continued growth in the Company's core operations, including expanded product offerings, increased sales to existing customers, and the addition of new customers.Operating loss for the year was $0.3 million, compared to operating income of $0.6 million in 2024, primarily reflecting higher general and administrative expenses associated with the Company's transition to a public company. Net loss for the year was $2.9 million, mainly due to one-time listing expenses incurred in connection with the reverse takeover completed in April 2025.Further to the Company's announcement on February 6, 2026 that it acquired the business of Gluten Free Nation, on April 9, 2026, the parties entered into a side letter agreement that in the event the issuance of shares of Eshbal pursuant to the attainment of certain milestones would cause Starcall Broadcasting LLC ("Starcall"), the vendor of the Gluten Free Nation assets, together with its affiliates and joint actors to own 10% or more of the issued voting securities of Eshbal, Eshbal will pay cash to Starcall in lieu of issuing such shares that result in Starcall owning 10% of the outstanding Eshbal shares.The Company's audited financial statements and Management's Discussion and Analysis for the year ended December 31, 2025 are available on SEDAR+ at www.sedarplus.caAbout Eshbal Functional Food Inc.Eshbal Functional Food Inc. (TSXV: ESBL) is a publicly traded food-tech company focused on building a scalable platform of gluten-free and health-oriented food brands across retail, foodservice, and online channels in North America.Since listing on the TSX Venture Exchange in 2025, Eshbal has been executing its North American growth strategy through a combination of organic expansion and strategic acquisitions. The Company's operations include gluten-free, better-for-you, and functional food products sold across retail, foodservice, and online channels.During this period, the Company completed the acquisition of Gluten Free Nation, acquired a majority interest in Dare to Be Different Foods, launched localized North American production in partnership with Queen Street Bakery, and strengthened its commercial infrastructure in the region.Eshbal's strategy is focused on integrating complementary better-for-you brands into a centralized operating platform designed to expand distribution, support operational efficiencies, and create long-term growth opportunities.(Eshbal maintains active digital engagement and investor communications through its corporate website and official social media channels:Website LinkedIn Facebook InstagramDisclaimers:Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
View original content to download multimedia:https://www.prnewswire.com/news-releases/eshbal-reports-2025-results-with-revenue-growth-and-margin-improvement-302758833.htmlSOURCE Eshbal Functional Foods Inc
Original: Eshbal Reports 2025 Results with Revenue Growth and Margin Improvement
CA Market News
2月前
Eshbal Reports Estimated Q1 2026 RECORD RevenuesApril 6, 2026 9:17 AM
PR Newswire (Canada)
TSXV: ESBLVANCOUVER, BC, April 6, 2026 /CNW/ - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company") today provided an estimated revenue update for the first quarter ended March 31, 2026. The Company estimates Q1 2026 revenues of approximately USD $5.3 Million, compared to USD $3.755 Million in Q1 2025. The revenues include revenues generated by the recently acquired operations.
Tomer Bar-Meir, CEO, commented:"Q1 revenue growth reflects Eshbal's ongoing growth efforts including the integration of Dare to be Different Foods and Gluten Free Nation, two U.S.-based gluten free companies acquired mid-February 2026"The estimated revenue figures disclosed herein are preliminary, have not been audited, and are subject to change based on the completion of quarter-end financial closing procedures and final review by the Company's management.Yearend 2025 and Q4 2025 results are expected to be released in late April.About Eshbal Functional Food Inc.Eshbal Functional Food Inc. (TSXV: ESBL) is a publicly traded food-tech company focused on building a scalable platform of gluten-free and health-oriented food brands across retail, food service, and online channels in North America.Since listing on the TSX Venture Exchange in 2025, the Company has been executing a disciplined brand-focused roll-up strategy targeting established and emerging better-for-you brands with existing market presence and growth potential. Eshbal's model centers on acquiring controlling interests in complementary brands and integrating them into a centralized operating platform designed to enhance distribution reach, improve operational efficiency, and support margin expansion.Key execution milestones include securing U.S. brokerage representation to expand retail distribution, launching localized North American production in partnership with Queen Street Bakery, completing the acquisition of Gluten Free Nation, and acquiring a majority interest in Dare to Be Different Foods. These transactions expand Eshbal's brand portfolio and provide immediate incremental revenue while strengthening its distribution and production footprint. (Eshbal maintains active digital engagement and investor communications through its corporate website and official social media channels:Website
LinkedIn
Facebook
InstagramEshbal.comDisclaimers:Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
View original content to download multimedia:https://www.prnewswire.com/news-releases/eshbal-reports-estimated-q1-2026-record-revenues-302734334.htmlSOURCE Eshbal Functional Foods Inc
Original: Eshbal Reports Estimated Q1 2026 RECORD Revenues
CA Market News
3月前
Eshbal Launches Local Production of Its Gluten-Free Pita in North America - First Shipment Already SoldMarch 17, 2026 9:33 AM
PR Newswire (Canada)
TSXV: ESBLVANCOUVER, BC, March 17, 2026 /CNW/ - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company"), a food-tech company focused on gluten-free and better-for-you products, is pleased to announce that it has successfully completed its first North American production run of its signature gluten-free Pita Bread.
The production, completed in February in partnership with Queen Street Bakery ("QSB"), marks an important operational milestone as the Company establishes local manufacturing capabilities to support the initial stages of its commercial activity in North America. Working closely together, the QSB and Eshbal teams were able to successfully reproduce the distinctive taste of Eshbal's gluten-free pita — including the flexibility, texture and quality that define the product.Initial Production Already SoldImportantly, most of this initial production batch has already been sold to a foodservice customer in Northern California, a restaurant group operating several locations across the region.This initial order represents the first delivery of Eshbal's gluten-free Pita Bread produced locally in North America and provides an early indication of interest in a premium product, while also highlighting the Company's intention to serve multiple sales channels across North America, including foodservice alongside retail and online distribution.Next Production RunsAdditional production cycles are planned in the coming weeks and are expected to include a greater variety of Eshbal's specialty products.. Management will be closely evaluating these production cycles fitting the right product with the right potential retail partners. Inventory preparation for the Company's developing online sales channels is also underway.Alongside Eshbal's core gluten-free pita products, the Company's expanding North American portfolio - including Barili, Dare to Be Different Foods (D2BD), and Gluten Free Nation (GFN) - is expected to be distributed across multiple sales channels in North America, including retail, foodservice and online platforms.About Eshbal Functional Food Inc.Eshbal Functional Food Inc. (TSXV: ESBL) is a publicly traded food-tech company focused on building a scalable platform of gluten-free and health-oriented food brands across retail, foodservice, and online channels in North America.Since listing on the TSX Venture Exchange in 2025, the Company has been executing a disciplined brand-focused roll-up strategy targeting established and emerging better-for-you brands with existing market presence and growth potential. Eshbal's model centers on acquiring controlling interests in complementary brands and integrating them into a centralized operating platform designed to enhance distribution reach, improve operational efficiency, and support margin expansion.Key execution milestones include securing U.S. brokerage representation to expand retail distribution, launching localized North American production in partnership with Queen Street Bakery, completing the acquisition of Gluten Free Nation, and acquiring a majority interest in Dare to Be Different Foods. These transactions expand Eshbal's brand portfolio and provide immediate incremental revenue while strengthening its distribution and production footprint. (Eshbal maintains active digital engagement and investor communications through its corporate website and official social media channels:Website: https://eshbalfoods.com
LinkedIn: https://www.linkedin.com/company/eshbal-functional-foods/
Facebook: https://www.facebook.com/EshbalFunctionalFoodNorthAmerica/To learn more, visit:Website: https://eshbalfoods.com
LinkedIn: https://www.linkedin.com/company/eshbal-functional-foods/
Facebook: https://www.facebook.com/EshbalFunctionalFoodNorthAmerica/
Instagram: https://www.instagram.com/eshbal.food/ Eshbal.comDisclaimers:Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations,beliefs and projections are expressed in good faith. However,there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements.Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements,no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience,and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been,andwill not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
View original content to download multimedia:https://www.prnewswire.com/news-releases/eshbal-launches-local-production-of-its-gluten-free-pita-in-north-america---first-shipment-already-sold-302716074.htmlSOURCE Eshbal Functional Foods Inc
Original: Eshbal Launches Local Production of Its Gluten-Free Pita in North America - First Shipment Already Sold
CA Market News
3月前
Eshbal Strengthens North American Team with Appointment of VP Online & Business OperationsMarch 10, 2026 4:17 PM
PR Newswire (Canada)
TSXV: ESBLVANCOUVER, BC, March 10, 2026 /CNW/ - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company") is pleased to announce the appointment of Natalie Ben-Zur as Vice President, Online & Business Operations (North America), effective March 5, 2026.Eshbal is moving quickly to expand its commercial and consumer footprint for its gluten-free and health-oriented food brands based on its recent entry into the North American market. To expedite growth, the Company has strengthened its leadership team to support sales activity across retail, foodservice and online channels.In her role, Natalie will work closely with COO Avi Marcus to build and scale Eshbal's ecommerce and operational infrastructure, and position the Company for an aggressive online launch across its brands, including Barilli, Dare to be different and Gluten Free Nation. Specifically, she will manage and develop the ecommerce
platforms and all DTC channels.Natalie Ben-Zur is an experienced operations and ecommerce executive with a track record of scaling high-growth companies and leading digital transformation initiatives across retail and consumer brands. She previously held senior leadership roles including at Beyond The Rack, where she managed multimillion-dollar partnerships, global teams and large-scale operational systems. Natalie studied business at McGill University and holds a Master of Science from Concordia University.COO, Avi Marcus, commented:"As our activities in North America continue to expand, bringing in experienced local leadership becomes increasingly important. Natalie combines deep ecommerce expertise with a practical 'get things done' approach. Having someone with her experience on the ground strengthens our ability to scale sales channels and support the continued growth of our brands in the region."Natalie Ben-Zur added:"I'm excited to join Eshbal at this stage of its growth. The Company has built a strong foundation and a unique portfolio of brands, and I look forward to working with Avi and the team as we continue expanding our presence across North America."About Eshbal Functional Food Inc.Eshbal Functional Food Inc. (TSXV: ESBL) is a publicly traded food-tech company focused on building a scalable platform of gluten-free and health-oriented food brands across retail, foodservice, and online channels in North America.Since listing on the TSX Venture Exchange in 2025, the Company has been executing a disciplined brand-focused roll-up strategy targeting established and emerging better-for-you brands with existing market presence and growth potential. Eshbal's model centers on acquiring controlling interests in complementary brands and integrating them into a centralized operating platform designed to enhance distribution reach, improve operational efficiency, and support margin expansion.Key execution milestones include securing U.S. brokerage representation to expand retail distribution, launching localized North American production in partnership with Queen Street Bakery, completing the acquisition of Gluten Free Nation, and acquiring a majority interest in Dare to Be Different Foods. These transactions expand Eshbal's brand portfolio and provide immediate incremental revenue while strengthening its distribution and production footprint. (Eshbal maintains active digital engagement and investor communications through its corporate website and official social media channels:Website: https://eshbalfoods.com
LinkedIn: https://www.linkedin.com/company/eshbal-functional-foods/
Facebook: https://www.facebook.com/EshbalFunctionalFoodNorthAmerica/To learn more, visit: Website: https://eshbalfoods.com
LinkedIn: https://www.linkedin.com/company/eshbal-functional-foods/
Facebook: https://www.facebook.com/EshbalFunctionalFoodNorthAmerica/
Instagram: https://www.instagram.com/eshbal.food/ Disclaimers:Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
View original content to download multimedia:https://www.prnewswire.com/news-releases/eshbal-strengthens-north-american-team-with-appointment-of-vp-online--business-operations-302709910.htmlSOURCE Eshbal Functional Foods Inc
Original: Eshbal Strengthens North American Team with Appointment of VP Online & Business Operations
CA Market News
4月前
Eshbal Announces Closing of Private PlacementFebruary 11, 2026 8:22 AM
PR Newswire (Canada)
TSXV: ESBLVANCOUVER, BC, Feb. 11, 2026 /CNW/ - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company") is pleased to announce the first closing of its recently-announced non-brokered private placement.Further to its press release of Thursday January 22, 2026 Eshbal has closed an initial tranche of its previously announced non-brokered private placement offering ("Offering") of 4,245,117 units ("Units") with gross proceeds of $721,670. Each Unit consisted of one common share of the Company (each a "Common Share") and one full Common Share purchase warrant ("Warrant "). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.30 until February 10, 2028. All securities issued under the Offering are subject to resale restrictions of until June 11, 2026 in accordance with applicable securities laws.The proceeds from the Offering will be used to advance acquisition opportunities that have been identified as part of the Company's previously-stated roll up strategy within the gluten free industry. The proceeds will also be used for ongoing product developments, project and working capital. In connection with the Offering the Company paid an aggregate of $10,721 and issued 63,070 Warrants to Haywood Securities Inc.The Company may seek to complete additional closings of the Offering."Eshbal is in discussions with several companies in support of its roll up strategy in the artisanal gluten free industry. The proceeds of this private placement will help accelerate this strategy to drive the scale and manufacturing efficiencies that are needed by mainstream grocers," said Tomer Bar Meir, CEO of Eshbal.About Eshbal Functional FoodEshbal Functional Food is an innovative and profitable food-tech company that focuses on the gluten-free and "Better for You" categories. Eshbal is pursuing a roll up strategy in the fragmented, artisanal gluten-free market to create a platform that delivers the scale needed by mainstream grocers. Its recent agreement with Dare 2 be Different Foods gives the Company potential distribution in Walmart and 300+ other stores in Northeast USA.To learn more, visit: Eshbal.com Disclaimers: Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom
View original content to download multimedia:https://www.prnewswire.com/news-releases/eshbal-announces-closing-of-private-placement-302685110.htmlSOURCE Eshbal Functional Foods Inc
Original: Eshbal Announces Closing of Private Placement
CA Market News
4月前
Eshbal Acquires a 55% Interest in Dare to Be Different FoodsFebruary 10, 2026 8:19 AM
PR Newswire (Canada)
TSXV: ESBL/NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES/VANCOUVER, BC, Feb. 10, 2026 /CNW/ - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company") is pleased to announce that, further to its news releases dated July 15, 2025, November 13, 2025 and January 12, 2026, it has closed the acquisition of a 55% interest in and certain assets related to the business of Dare to be Different Foods, Inc. ("D2BD"), a U.S.-based company specializing in gluten-free, vegetable-forward food product (the "Transaction").The Company acquired its 55% interest in D2BD and certain assets related to the business of D2BD by issuing an aggregate of 3,600,000 common shares in the capital of Eshbal (the "Shares") at the deemed issue price of CAD$0.21 (US$0.15) per Share for an aggregate value of CAD$756,000 (US$540,000), plus cash payments of an aggregate of US$248,000 of which US$26,000 was paid at closing and minimum of US$18,500 will be paid by monthly installments over the next 12 months.All Eshbal Shares issued pursuant to the Transaction will be issued under prospectus exemptions pursuant to National Instrument 45-106 - Prospectus Exemptions and are subject to an applicable statutory hold period of four months and one day from the date of issuance. The Transaction is an arm's length transaction for the purposes of policies of the TSX Venture Exchange (the "TSXV"). No finder's fees were payable in connection with the Transaction. The Transaction qualified as an "Expedited Acquisition" under TSXV Policy 5.3 — Acquisitions and Dispositions of Non-Cash Assets and was accepted for filing by TSXV.The securities issued pursuant to the Transaction have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.About Eshbal Functional Food Eshbal Functional Food is an innovative and profitable food-tech company with over 300 SKUs in the gluten-free and "Better for You" categories. Eshbal generated more than USD $11 million in revenue in 2024 and is seeking to consolidate companies in the artisanal, gluten-free market.To learn more, visit: Eshbal.com Disclaimers: Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements in this press release relate to the future revenue and the Company's expansion plans. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.
SOURCE Eshbal Functional Foods Inc
Original: Eshbal Acquires a 55% Interest in Dare to Be Different Foods
CA Market News
4月前
Eshbal Acquires Gluten Free NationFebruary 6, 2026 8:16 AM
PR Newswire (Canada)
TSXV: ESBL/NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES/VANCOUVER, BC, Feb. 6, 2026 /CNW/ - Eshbal Functional Food Inc. (TSXV: ESBL) ("Eshbal" or the "Company") is pleased to announce that it has acquired the business of Gluten Free Nation ("GFN"), a Houston-based producer of premium gluten-free baked goods.Founded by Randi Markowitz, known as The Gluten Free Guru, Gluten Free Nation is dedicated to delivering exceptional taste, texture, and quality for the gluten-free community. GFN was built on a mission to create safe, certified gluten-free products that never compromise on flavor, and offers wide range of breads, rolls, muffins, and sweet baked goods, available nationwide through retail, foodservice, and e-commerce channels.The acquisition of the business of GFN was made pursuant to a bill of sale and assignment agreement (the "Bill of Sale") among Starcall Broadcasting LLC, doing business as GFN ("Starcall"), the Company and Eshbal USA Inc. (the "Eshbal USA"). Pursuant to the Bill of Sale, Eshbal USA will acquire the assets of Starcall used in the business GFN for the aggregate acquisition cost of US$736,424.58, with US$236,424.58 paid in cash and US$500,000 paid by the issuance of 3,846,154 common shares of the Company (the "Eshbal Shares") issued at the deemed price of US$0.13 (CAD$0.18) per Eshbal Share.The Bill of Sale provides that Starcall may receive additional compensation upon the achievement of certain milestones.MILESTONES AND
MILESTONE PERIODSMILESTONE PAYMENTSEshbal USA achieving gross revenues from the sales of GFN products during the 2026 calendar year in an amount equal to or greater than US$2,000,000, as determined on a date no later than 120 days' after the applicable year end (the "Milestone Calculation Date") US$200,000 in cash, plus that number of Eshbal Shares equal to US$700,000 divided by the greater of i) the closing market price of Eshbal Shares on the TSX Venture Exchange (the "TSXV") on the day prior to the applicable Milestone Calculation Date and ii) US$0.10 (CAD$0.14)Eshbal USA achieving gross revenues from the sales of GFN products during the 2027 calendar year in an amount equal to or greater than US$3,000,000, as determined on the Milestone Calculation Date.US$250,000 in cash, plus that number of Eshbal Shares equal to US$900,000 divided by the greater of i) the closing market price of Eshbal Shares on the TSXV on the day prior to the applicable Milestone Calculation Date and ii) US$0.10 (CAD$0.14).The Transaction is an arm's length transaction for the purposes of the policies of the TSXV. No finder's fees are payable in connection with the Transaction. The Transaction is subject to approval by the TSXV. All securities issued in connection with the Transaction are subject to a statutory hold period of four months and one day from the date of issuance pursuant to National Instrument 45-106 - Prospectus Exemptions.The securities issued pursuant to the Transaction have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.About Eshbal Functional Food Eshbal Functional Food is an innovative and profitable food-tech company with over 300 SKUs in the gluten-free and "Better for You" categories. Eshbal generated more than USD $11 million in revenue in 2024 and is seeking to consolidate companies in the artisanal, gluten-free market.To learn more, visit: Eshbal.com Disclaimers:Neither the TSX Venture Exchange Inc., nor its Regulation Servicer provider accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects" "anticipates", "intends", "plans", "believes", "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements in this press release relate to future revenue and the attainment of certain financial milestones and the Company's expansion plans. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward- looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward- looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.
SOURCE Eshbal Functional Foods Inc
Original: Eshbal Acquires Gluten Free Nation