GFI COMMENCED TRADING ON THE TSX VENTURE EXCHANGE

TSXV: PEAS

TORONTO, June 20, 2022 /CNW/ - Global Food and Ingredients Ltd. (formerly, Pivotal Financial Corp.) (TSXV: PEAS) ("GFI" or the "Company") is pleased to announce that effective today its common shares have commenced trading on the TSX Venture Exchange (the "TSXV") under the symbol "PEAS".

David Hanna, President and Chief Executive Officer remarked, "We are very pleased for our shareholders and stakeholders to have GFI now listed and trading on the TSXV, and look forward to working with our existing and new partners to continue to strengthen and expand our position as a global leader in plant-based food ingredients and farm to fork consumer packaged goods. This is an important and exciting milestone in GFI's evolution which will support our ambitious growth plans while maintaining our core focus as a vertically integrated plant-based food and ingredients supplier providing premium, sustainable plant-based protein ingredients directly from the farm to consumers' homes."

The listing of the common shares of the Company follows the completion of the its qualifying transaction (the "Qualifying Transaction"). For additional information regarding the Qualifying Transaction, see the Company's news release dated June 13, 2022 and the filing statement of the Company dated May 30, 2022 (the "Filing Statement"), a copy of which is available under the Company's profile on SEDAR at www.sedar.com.

About Global Food and Ingredients Ltd.

GFI is a fast-growing Canadian owned and operated plant-based food and ingredients company, connecting the local farm to the global supply chain for peas, beans, lentils, chickpeas and other high protein specialty crops. GFI is organized into four primary business lines: Pea Protein Inputs, Plant-Based Ingredients, Plant-Based Pet Food Ingredients and Plant-Based Consumer Packaged Goods. Headquartered in Toronto, GFI buys directly from its extensive network of farmers, processes its products locally at its four wholly-owned processing facilities in Western Canada and ships to 37 countries across the world.

GFI's vision is to become a vertically integrated farm-to-fork plant-based company providing traceable, locally sourced, healthy and sustainable food and ingredients. Through recent acquisition and development activities, GFI now offers a full suite of Plant-Based Consumer Packaged goods with over 20 SKUs under the YoFiit, Bentilia and Five Peas in Love brands.

For more information, visit: ir.gfiglobalfood.com   

Disclaimer

Neither the TSXV nor its Regulation Service Provider (as defined policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Forward-Looking Statements

This press release may contain certain forward-looking information and statements ("forward-looking information") within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including without limitation statements containing the words "believes", "anticipates", "plans", "intends", "will", "should", "expects", "continue", "estimate", "forecasts" and other similar expressions. Forward looking statements in this press release include without limitation GFI's business objectives. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. GFI undertakes no obligation to comment analyses, expectations or statements made by third-parties in respect of GFI, its securities, or financial or operating results (as applicable). Although GFI believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond GFI's control, including the risk factors discussed in GFI's Filing Statement dated May 30, 2022, which are incorporated herein by reference and are available through SEDAR at www.sedar.com. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. GFI disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

SOURCE Global Food and Ingredients Ltd.

GLOBAL FOOD AND INGREDIENTS LTD., Global Food and Ingredients Ltd., Bill Murray, CFO, Phone: [phone], Email: [email protected]