Emerging Technology

  • The Company's Commitment is Aligned with its Focus on the Oceans and Proactive Attentiveness to the Growing Consumer Demand for Accountability in how Products are Made, Sold and Marketed
  • SeaLegacy a Global Non-Profit Using the Power of Media and Storytelling to Amplify Ocean Solutions
  • Funds Raised Through SeaLegacy's Good Ocean Support Impact Grants to Organizations Leading On-the-Ground Projects that Conserve Oceans While Building a More Just and Equitable Planet
  • SeaLegacy and its Co-Founders Boast a Combined Audience of Over 10 Million Instagram Followers

Billy Goat Brands Ltd. ("GOAT" or the "Company") (CSE: GOAT) (OTCQB: BGTTF) (FRA: 26B), a venture capital platform focused on identifying, sponsoring and incubating high-potential companies in the ocean economy, is pleased to announce a one-year commitment to SeaLegacy (" SeaLegacy ") through The Good Ocean (" Good Ocean " or the " Program "). SeaLegacy is an organization that uses a variety of collaborations, experts and the latest digital and social technologies to aid in the building of a healthy future for oceans across the world. The Good Ocean is a community of businesses that supports SeaLegacy's mission and aligns with its values to create a better planet. GOAT is dedicated to making a difference when it comes to the sustainability of oceans through sustainable commerce, which is reinforced by its sponsorship of the Program.

The Company will be acknowledged on SeaLegacy's established social media network and website, be exposed to exclusive networking opportunities, have access to visual assets provided by SeaLegacy and the Program, as well as work with the communications team to create other bespoke amplification opportunities. SeaLegacy has a wide reach with 2.4 million followers on its @sealegacy Instagram account, while its Co-Founders Cristina Mittermeier and Paul Nicklen have 1.5 million and 7.3 million followers on their @mitty and @paulnicklen Instagram accounts, respectively. Therefore, the SeaLegacy team is creating ocean conservation awareness on an unmatched scale.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/42670a42-d7f5-468c-8c4d-5d301657415c

Members of The Good Ocean share a common love of the ocean and are eager to help reverse the destruction that is currently occurring. More than 70% of the planet is covered in water, and yet less than 2% of the ocean is fully protected. 1 The Program is unified, passionate, and takes a business approach to increase the protection of the world's oceans. GOAT, as a new member of The Good Ocean, is committing to supporting the development of a more sustainable ocean economy through its operations and investments. SeaLegacy aligns with businesses who genuinely care about their impact on the ocean – and the planet – and are proactively attentive to the growing consumer demand for accountability in how products are made, sold and marketed.

Additionally, The Good Ocean has recently announced a partnership with the Professional Association of Diving Instructors (PADI) to accelerate the protection of 30% of the ocean by 2030 and is participating in a campaign to protect the New Zealand shark community from poaching. More information on The Good Ocean can be found on its website: https://www.sealegacy.org/pages/good-ocean .

Management Commentary

"SeaLegacy's Good Ocean is a community of passionate and proactive businesses unified by an ability and commitment to disrupt their industry," said Cristina Mittermeier, Co-founder and President of SeaLegacy. "Our members are leaders in their space, responding to the growing consumer demand for accountability in how products are produced, distributed and packaged. I am honored that the team at GOAT has chosen to align with SeaLegacy, and together, we can take steps towards systemic change in our consumer culture," added Ms. Mittermeier.

"GOAT is a proud new member of SeaLegacy's Program, which is a growing community of aligned businesses guided by a commitment to respond quickly to the urgent need to make systemic changes in consumer habits regarding our oceans. We are excited to participate in making sustainable choices and encouraging other businesses to do the same, while encouraging strong returns on investment and high levels of customer satisfaction," said Tony Harris, Chairman and Chief Executive Officer of GOAT.

ABOUT SEALEGACY

SeaLegacy, in partnership with action hub Only One, is building a global movement of ocean activists who support critical ocean conservation and climate solutions — to drive meaningful change for our planet in this decade. Founded by Cristina Mittermeier, Paul Nicklen and Shawn Heinrichs, SeaLegacy leverages compelling visual storytelling content to move people from apathy to action, countering climate anxiety by connecting people everywhere with opportunities to catalyze change, fund innovative solutions, and drive significant impact for the ocean and our planet. More information about SeaLegacy can be found on its website: https://www.sealegacy.org .

ABOUT BILLY GOAT BRANDS

Billy Goat Brands is a venture capital platform focused on identifying, sponsoring and incubating high-potential companies in the ocean economy. It intends to accomplish these goals through the identification of and investment in the securities of private businesses that are involved in the food and beverage industry, with a focus on: (i) plant-based protein, (ii) functional foods, (iii) food technology, and (iv) sustainable packaging technologies. The Company plans to generate returns on its investments through various outcomes, including but not limited to go-public transactions, mergers or acquisitions, and the other liquidity events of its investee companies or projects. The paramount goal of Billy Goat Brands will be to generate maximum returns from its investments in a manner consistent with its environmental, social and governance values.

For more information about the Company, please visit https://billygoatbrands.com/ . Its final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on the Company's profile page on SEDAR at www.sedar.com .

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

On behalf of:

Billy Goat Brands Ltd.

"Tony Harris"

Tony Harris, CEO & Chairman
Tel: (778) 222-8221

For further information, please contact:

Investor Relations
Email: info@billygoatbrands.com
Tel: 1-833-4-GOAT-IR (1-833-446-2847)

CAUTIONARY STATEMENT REGARDING "FORWARD-LOOKING" INFORMATION

This news release contains certain forward-looking statements within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. All such forward-looking statements involve substantial known and unknown risks and uncertainties (including those risk factors identified in the Company's prospectus dated September 8, 2021), certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable law.

Endnotes

  1. "Urge world leaders to protect 30% of the ocean by 2030", Only One Inc., 2022, https://only.one/act/ocean30

SOURCE: Billy Goat Brands Ltd.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

GOAT:CC
Billy Goat Brands

Billy Goat Brands


Keep reading... Show less
Billy Goat Brands

Billy Goat Brands Adds Director

Billy Goat Brands Ltd. ("GOAT" or the "Company") (CSE: GOAT) (OTCQB: BGTTF) (FRA: 26B), a venture capital platform focused on identifying, sponsoring and incubating high-potential companies in the ocean economy, is pleased to announce it has added Mr. Lawrence Hay to its Board of Directors. Mr. Hay is an officer and director of a variety of private and public companies and has extensive experience structuring and financing companies within the clean energy and ESG industries.

Further, former Chief Operating Officer and founding director of the Company, Kris Dahl, has stepped down and also resigned from the Board of Directors effective immediately. The Company would like to thank Mr. Dahl for his valuable contributions to date and wishes him the best of luck with his future endeavours.

Keep reading... Show less
Billy Goat Brands

Billy Goat Brands Increases Ownership Stake in Sophie's Kitchen

Billy Goat Brands Ltd. ("GOAT" or the "Company") (CSE: GOAT) (OTCQB: BGTTF) (FRA: 26B), a venture capital platform focused on identifying, sponsoring and incubating high-potential companies in the ocean economy, is pleased to announce that it has converted its existing credit facility with Sophie's Kitchen Inc. (" Sophie's Kitchen " or the " Portfolio Company ") into common shares for an increased equity position in the Portfolio Company. Pursuant to a mutually agreed upon set of terms, GOAT has increased its ownership stake in Sophie's Kitchen to 35% from its current ownership level. GOAT maintains the ability to protect against dilution of its ownership stake through certain anti-dilution rights.

Recent Sophie's Kitchen Highlights

Keep reading... Show less
Billy Goat Brands

Billy Goat Brands Wholly Owned Subsidiary Receives First Pre-Order for KOLD Coffee Beverages

The Purchase Order of "KOLD" Premium Functional Beverages Validates Both the Brand and New Product Line in the USD 655 Million Cold-Brew Coffee Market 1

Billy Goat Brands Ltd. ("GOAT" or the "Company") (CSE: GOAT) (OTCQB: BGTTF) (FRA: 26B), a venture capital platform focused on investing in high-potential companies operating in the ocean economy, is pleased to announce that its wholly owned business, FunGuys Beverages (" FunGuys " or the " Subsidiary "), has received its first purchase order on a pre-order basis in the amount of CAD 50,000 (the " PO ") from Drip Coffee Social Ltd. (" Drip ") for its KOLD line of organic, mushroom-infused, cold-brew coffee beverages (" KOLD Beverages "). The Subsidiary is a rapidly growing manufacturer and distributor of premium functional beverages. The PO validates FunGuys' brand and product positioning for KOLD Beverages within Drip's locations as well as via Drip's relationships with hundreds of retail locations across British Columbia. Drip is widely regarded as a progressive coffee authority in British Columbia as evidenced by their loyal customer following, unique retail experience and strong presence on Instagram . Headquartered in British Columbia, FunGuys is working to disrupt the USD 655 million cold-brew coffee market 1 by providing a healthy and sustainable alternative to traditional coffee beverages.

Keep reading... Show less
Billy Goat Brands

Billy Goat Brands' Portfolio Company Sophie's Kitchen Featured in an Interview on FoodNavigator-USA.Com

Billy Goat Brands Ltd. ("GOAT" or the "Company") (CSE: GOAT) (OTCQB: BGTTF) (FRA: 26B), a venture capital platform focused on identifying, sponsoring and incubating environmental, social and governance (" ESG ") focused companies in the ocean economy, is pleased to announce that its portfolio company, Sophie's Kitchen Inc. (" Sophie's Kitchen " or the "Portfolio Company" ), was recently highlighted in an interview (the " Article ") on FoodNavigator-USA.com entitled, "Sophie's Kitchen bolsters position in plant-based seafood category: ‘There's going to be a big shift for us this year'". Its new products are expected to help lead the Portfolio Company to new heights with the support of its significant distributor relationship with Southwind Food, LLC (" Southwind ").

The Article discussed the high level of demand for plant-based food and how Miles Woodruff, CEO of Sophie's Kitchen, believes that the Portfolio Company will become a staple in the plant-based food market. Southwind's master distribution arrangement with Sophie's Kitchen is expected to have a large impact on increasing consumer awareness of the Sophie's Kitchen brand. 1 GOAT's primary goal for the Portfolio Company is to optimize its enterprise value as a leading constituent of the ocean economy. Creating a increasing number of plant-based seafood products and the ability to distribute those products around the world is what motivates both companies to continue developing innovative solutions.

Keep reading... Show less
Billy Goat

Billy Goat Brands Increases Ownership of Sustainable Packaging Disruptor Evanesce Packaging

  • The Company Exercised its Incentive Purchase Warrants to Nearly Double its Equity Stake as Evanesce Prepares to Pursue a Public Listing in 2022
  • The Sustainable Packaging Business Currently Produces Approximately 40 Million Compostable Straws per Month and is Expanding to Also Manufacture Compostable Cups, Forks, Spoons, and Knives
  • GOAT's Portfolio Company Recently Raised $8 Million via its Warrant Exercise Incentive Program

Billy Goat Brands Ltd. ("GOAT" or the "Company") (CSE: GOAT) (OTCQB: BGTTF) (FRA: 26B), a venture capital platform focused on investing in high-potential companies operating in the ocean economy, is pleased to announce that it has exercised its incentive warrants to nearly double the Company's ownership stake in Evanesce Inc. (" Evanesce " or the " Portfolio Company "). Evanesce's incentive warrant program enabled current warrant holders, including the Company, to exercise a bonus amount of 50% more purchase warrants than their previously held number of warrants. Pursuant to the incentive warrant exercise, GOAT has increased its ownership stake in the Portfolio Company.

Evanesce is a sustainable packaging company led by Douglas Horne, Founder and Chief Executive Officer. It produces compostable straws and other packaging items, with manufacturing plants located in South Carolina and Nevada. In March, Evanesce produced approximately 40 million compostable straws at its South Carolina facility and approximately 90 million total straws in the first quarter of 2022, all of which have been sold. Additionally, the Portfolio Company expects to grow from 88 current employees to over 120 in the near term, as new equipment is installed at its Las Vegas facility. Evanesce plans to list its shares for trading in 2022 on either TSX stock exchange or NASDAQ market. The Portfolio Company's management team expects the business to generate significantly more revenue this year than last year as numerous North American professional sports teams and theme parks increase their use of Evanesce's products.

Keep reading... Show less
Albert Labs

Albert Labs Appoints Principal Investigator for Real World Evidence Study for KRN-101

Albert Labs Appoints Dr Sara Tai as Principal Investigator for upcoming RWE Study on KRN-101

Albert Labs International Corp. ( Albert Labs (CSE: ABRT) (FSE: VB50), the "Company"), an R&D company developing mental health therapeutic medicines, is pleased to announce Dr. Sara Tai Senior Lecturer in Clinical Psychology from Manchester University, as Principal Investigator for its upcoming trial. The trial will evaluate the safety and efficacy of KRN-101, a psilocybin-based medicine, for the treatment of cancer-related distress, an indication thought to affect some 15 million patients in Europe and North America .

Keep reading... Show less
two open palms hold a sphere representing the earth with water in the background

Sustainable Packaging: Increasing Demand for Natural Solutions

We only have one planet — and until recently we've done a poor job taking care of it.

The packaging industry is one of the sectors in which this is most evident. With a projected market size of US$1.13 trillion by 2030, it also represents one of the most significant sources of pollution in the world. Globally, we produce roughly 380 million tons of plastic per year. Single-use items such as grocery bags, bottles and packaging represent around 50 percent of that number.

To put this into context, the plastic waste produced by soft drink companies could cover 83 football fields a day, and the pollution footprint of packaging is at least as bad.

Keep reading... Show less
Billy Goat Brands CEO Tony Harris

Billy Goat Brands CEO Tony Harris: Venture Capital Supporting Sustainability

Billy Goat Brands CEO Tony Harris: Venture Capital Supporting Sustainability youtu.be

Keep reading... Show less
Albert Labs

Albert Labs Granted Health Canada Licence

Albert Labs has been issued a Health Canada License enabling the possession, production, and delivery of psilocybin and other psychoactive controlled substances

Albert Labs International Corp. (CSE: ABRT) (FSE: VB50) (the "Company"), a research and drug development company using advanced culture technology to create pharmaceutical-quality medicines for mental health treatments, is pleased to report it has been granted a Health Canada License dated 05-05-2022 for its research and production facility in Burnaby, Canada . This approval permits the legal possession, production, assembly, sale, and delivery of psilocybin and other psychoactive controlled substances within the confines of the regulations governing controlled substances.

Keep reading... Show less
Universal Ibogaine Co-Founder Dr Alberto Sola to Present at upcoming Research to Reality Conference

Universal Ibogaine Co-Founder Dr Alberto Sola to Present at upcoming Research to Reality Conference

Universal Ibogaine Inc. (TSXV: IBO) (OTCQB: IBOGF) (FSE: JC4) (" UI " or the " Company ") a life sciences company with a mission to transform addiction treatment through the use of medicalized ibogaine and a global licensing model is pleased to announce that UI Co-Founder Dr Alberto Sola will present at the May 27 to 29 event: From Research to Reality: Global Summit on Psychedelic Assisted Therapies and Medicine which will be held in Toronto, Canada from May 27 to 29, 2022 .

Keep reading... Show less
Albert Labs

Albert Labs' Pre-Clinical Analytical and Toxicological Research Supports Company's Forthcoming Studies

World-renowned scientists from the University of CESPU Health Sciences Department, Portugal are working in partnership with Albert Labs' expert team to conduct safety and toxicology studies, in preparation for KRN-101's use in Real World Evidence studies.

Albert Labs International Corp. (CSE: ABRT) (FSE: VB50) (the "Company"), a research and drug development company using advanced culture technology to create pharmaceutical quality medicines, based on the mycelia of Psilocybe, today released further details of their ongoing preclinical studies. These are currently being conducted at the University of Health Sciences, CESPU, Portugal . The partnership established between Albert Labs and CESPU, provides Albert Labs with preclinical drug assessment capabilities, both in vivo and in vitro. The current work programme provides essential data on Albert Labs' mycelium-based pharmaceutical products in support of clinical trials due to start later this year. The clinical programme will investigate the potential to treat cancer-related distress, an indication thought to affect approximately 15 million patients worldwide.

Keep reading... Show less

Latest Press Releases

Related News

×