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Goodfood Market Corp.
(MENAFN- Baystreet) 09:57 AM EST - Goodfood Market Corp. : Will issue a total of 19,271,032 common shares to holders of its $6.232 million of outstanding debentures in full satisfaction of the principal amount owing upon maturity. The issuance of shares in lieu of cash repayment reflects the Company's continued efforts to strengthen its balance sheet and preserve liquidity to pursue value-creating opportunities. The shares will be issued at a price of approximately $0.32, in accordance with previously disclosed terms. Goodfood Market Corp.
shares T are trading down $0.01 at $0.31.
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