Stocks in play: Zoglos Food Corp
Announces it has signed a non-binding letter of intent with Zoglo's Food Corp. to acquire 100% of its issued and outstanding common shares and combine the businesses. Zoglo's is a leader in the plant-based consumer packaged goods industry in Canada with over 3000 distribution points across the country. Zoglo's products can be found at major retailers including Walmart Canada, Metro, Food Basics, Sobeys, IGA and FreshCo. The Zoglo's product line is extensive and includes non-GMO plant-based burgers, sausages, hot dogs, meat balls and chicken, with 12 SKUs currently being distributed to the Zoglo's retail base. Zoglos Food Corp shares C.ZOG are trading unchanged at $0.04.
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