Toronto, ON – November 4, 2022: Zoglo’s (CSE: ZOG) (FSE: 7UT) (“Zoglo’s” or the “Company”), a plant-based food company, announces the resignation of one of its directors, Mr. David Jeffs, and the appointment of Mr. Jim Delsnyder, Chief Executive Officer and Chief Operation Officer, as Board member. The Company would like to thank Mr. Jeffs for his contributions to Zoglo’s during his tenure as a Director.
Change of Auditors
Zoglo’s also announces that it has changed its auditor from Baker Tilly WM LLP to SRCO Professional Corporation (“SRCO”) effective October 28, 2022. Zoglo’s board of directors has appointed SRCO as the new auditor until the next Annual General Meeting of the Company.
Stock Option Grant
The Company announces it has granted 2,000,000 stock options (the “Options”) to a director of the Company in accordance with the Company’s stock option plan. The Options were granted at an exercise price of $0.05 per share for a period of five years expiring November 4, 2027.
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Zoglo’s is a publicly-traded plant-based food company which offers nutrient-rich, plant-based appetizers, veggies, and meat substitutes to fulfill consumers needs for all occasions and cooking requirements. The Company’s wholly-owned subsidiary, Zoglo’s currently offers 14 products through its Traditional Green Box product line and aims to offer 12 innovative products for the mainstream market through its new Zoglo’s Black Box product line. Over the past 25 years, Zoglo’s products have been in distribution in over 1,300 retail stores across Canada including Walmart, Shoppers Drug Mart, Sobeys and Loblaws, and has representation in the United States and Europe. The Company trades on the Canadian Securities Exchange under the ticker: ZOG and on the Frankfurt Stock Exchange under the ticker: 7UT.
ON BEHALF OF ZOGLO’S MANAGEMENT:
Jim Delsnyder, Director, CEO, & COO
+1 (647) 478-9585