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GreenSpace Brands Announces Acquisition of US Based Galaxy Nutritional Foods, Owners of the Go Veggie Brand

GreenSpace Brands Inc. (“GreenSpace”) (TSXV: JTR) is pleased to announce today that it has signed a share purchase agreement dated December 20, 2017 to acquire (the “Acquisition”) all of the outstanding shares of Galaxy Nutritional Foods Inc. (“Go Veggie”), which owns the Go Veggie? brand. Go Veggie is one of the leading cheese alternative brands in the United States with distribution in over 12,000 locations through most major US grocery retailers and natural food chains, along with a growing food service business. The plant based dairy alternative market is one of the fastest growing subsets of the natural food market, but has very few established players. Go Veggie has established itself as one of the preeminent brands in the space with some of the best tasting and award winning products.

Greenspace will be holding a conference call to discuss the details of the transaction on December 21st, 2017 at 9:00 EST. The call will be hosted by Matthew von Teichman, President and Chief Executive Officer. Following management’s presentation, there will be a question and answer session for analysts and investors. To participate in the teleconference, dial (647) 427-7450 or 1 (888) 231-8191 (Toll-free). Callers are advised to call five minutes in advance of the call.

A taped rebroadcast will be available beginning at 11:20 am (EST) December 21st, 2017 until 11:59 pm (EST) on December 28th, 2017. To access the rebroadcast, please dial (416) 849-0833 or 1 (855) 859- 2056 and use the passcode 1289656 followed by the number sign.

Overview of the Acquisition

GreenSpace has agreed to purchase Go Veggie for a total consideration of $17.8 million USD, comprised of $4.5 million USD in cash, $7.62 million USD (approximately $9.81million CAD) in GreenSpace common shares (the “Share Consideration”), and a two year vendor take back loan of $5.72 million USD, carrying an 8.5% coupon. Greenspace will issue 7.16 million Common shares at $1.37 per share as part of the transaction, a 14.2% premium to the closing market price on December 19th, 2017.

GreenSpace will be purchasing Go Veggie from Mill Road Capital, a Greenwich, Connecticut based private investment firm focused on investing in and partnering with publicly traded micro-cap companies. Mill Road will become the largest shareholder of GreenSpace as a result of this transaction. Mill Road Capital has a long history of successfully investing in emerging consumer brands throughout Canada and the United States, and this expertise will help support the GreenSpace team as they navigate the US natural food market and US capital markets.

The Share Consideration will be subject to lock-up and escrow pursuant to which approximately 45% of the Share Consideration shall be locked up for 12 months from the closing date, 5% of the Share Consideration shall be in escrow for 13 months from the closing date and the remaining 50% shall be locked-up for 18 months from the closing date, subject to certain exemptions.

Select highlights of the Acquisition include the following:

Go Veggie adds a profitable pre-existing US platform that will enable GreenSpace to launch its most innovative and unique brands into the US;

The acquisition is expected to add significant gross margin dollars to GreenSpace and improve the overall gross margin profile, as well as add incremental adjusted EBITDA in the short term, with more significant growth in adjusted EBITDA over the long term. Go Veggie recorded revenues of $16.3 million USD for their fiscal year ended March, 31, 2017, with strong gross profit margins of approximately 40%.1
Go Veggie has one of the leading brands in what GreenSpace believes to be one of the fastest growing segments of the natural food industry, plant based dairy alternatives. Galaxy has broad based distribution across the United States and an existing high functioning team; and

GreenSpace believes that by supporting updates and amplifying the brand image of Go Veggie, it will be able to further develop its leadership position in the plant based dairy alternatives vertical in North America;

“We couldn’t be more excited to add Go Veggie to the GSB family of brands. With the acquisition of Go Veggie, we enter our most sought after vertical, plant based dairy alternatives. The addition of Go Veggie adds a profitable pre-existing US platform that will enable us to launch our most innovative and unique brands into the US under the expert leadership of one of the most respected people in the US natural food industry, Rick Antonelli, CEO of Go Veggie” comments Matthew von Teichman, CEO of Greenspace, “This is truly a transformative acquisition for us. We will continue to develop their Canadian sales strategy through the leveraging of our current platform and strategically initiate our US development by leveraging their platform. It’s a win-win and the ideal way for us to get going in the US market”

Rick Antonelli, CEO of Galaxy comments, “We’ve been watching GreenSpace for years and have admired the stable of brands they’ve been able to put together in such a short time. We feel that Go Veggie is a perfect addition to that roster of strong brands and with the potential synergies of our team selling their products, and their team selling our products, there’s a significant long term upside for both. I can’t wait to start presenting GreenSpace’s unique and innovative products to the US market and Go Veggie’s existing retail partners.”

The Acquisition is scheduled to close in January 2018, subject to satisfaction of customary closing conditions and approval of the TSX Venture Exchange. Financo, Inc. has acted as the exclusive advisor to Galaxy and Mill Road.

About GreenSpace

GreenSpace is a Canadian-based brand ideation team that develops, markets and sells premium natural food products to consumers across Canada. Greenspace owns and operates the following brands: Love Child Organics., one of the fastest growing brands in Canada and a producer of 100% organic food for infants and toddlers made with the pure, natural and most nutritionally-rich ingredients; Central Roast, a clean snacking brand that has been one of the leading natural food brands in Canada; Rolling Meadow Dairy, Canada’s leading grass fed dairy product line, delivering premium fluid and cultured products across Canada; Life Choices which features premium convenience meat products made with grass fed and pasture raised meats without the use of added hormones and antibiotics; Kiju, the Canadian market leader in the shelf stable organic juice segment; Cedar , the Canadian leader in cold pressed and gut health fresh juices. All brands are wholly owned and retail in a variety of natural and mass retail grocery locations across Canada.

GreenSpace’s filings are also available at www.SEDAR.com

About GO VEGGIE?

Over 40 years ago Galaxy Nutritional Foods Inc. created the cheese alternative category for health-conscious consumers and is proud to remain America’s leading provider of great tasting cheese-free products. Today, under Galaxy’s new brand GO VEGGIE, the company continues to innovate and offer consumers more healthy cheese-free choices. Across its product portfolio – Vegan, Lactose Free, and Lactose & Soy Free – GO VEGGIE offers 55 products across the United States in a wide variety of formats.

For product information, recipes, and more, visit www.goveggiefoods.com. Follow GO VEGGIE on Facebook, Twitter, Instagram, and Pinterest.

About Mill Road Capital

Mill Road Capital is a private investment firm focused on investing in and partnering with publicly traded micro-cap companies in the U.S. and Canada. The firm has flexible, long-term capital with the ability to purchase shares in the open market, buy large block positions from existing shareholders, provide capital for growth or acquisition opportunities, or execute going-private transactions. The firm has raised approximately $670 million of aggregate equity capital commitments and has offices in Greenwich, CT and the San Francisco Bay Area. Mill Road’s investments in Canada include Ten Peaks Coffee Company, a British Colombia based premium green coffee decaffeinator, PRT Growing Services Ltd., the British Columbia based leader in container grown tree seedlings for replanting forests, and Cossette, the largest full service advertising agency in Canada.

More information can be found at http://www.millroadcapital.com.

Forward Looking Information

Certain statements in this press release may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements concerning (i) the Acquisition; (ii) the completion of the Acquisition; (iii) anticipated approvals; (iv) the time to the closings; and (v) results of the completion of the Acquisition. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans” or “continue”, or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by such statements. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that: (1) the information provided to GreenSpace by Galaxy turns out to be misleading, untrue or incomplete; (2) the Acquisition may not be completed for any reason whatsoever, including that regulators may not approve the Acquisition; (3) the closings may not occur as scheduled or at all; and (4) GreenSpace may not achieve the results currently anticipated. Although GreenSpace believes that the expectations reflected in its forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because GreenSpace can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this press release, assumptions have been made regarding and are implicit in, among other things, the timely receipt of required regulatory approvals. Details of the risk factors relating to GreenSpace and its business are discussed under the heading “Risk Factors” in the preliminary short form prospectus filed on the date hereof and “Risks and Uncertainties Related to the Business” in GreenSpace’ annual information form dated July 18, 2017, a copy of which is available on GreenSpace’ SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which have been used. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by GreenSpace and described in the forward looking information. The forward-looking information contained in this press release is made as of the date hereof and GreenSpace undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward looking information contained in this press release is expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction.

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Endorphina programming a casino games software

Endorphina is ready to go back on the ICE again in 2018 to show off its latest sizzlin’ game to welcome in the new year. ICE Totally Gaming 2018 is the only B2B gaming event that truly brings together the international online and offline gaming sectors. As for 2018, the award winning show will be taking place on February 6-8 in London!

Have you marked your calendars?

This time at ICE 2018, Endorphina plans to make things a little hot and steamy during this winter season to get everyone warmed up at our stand. Be prepared to enter the dark corners of paradICE and to push your boundaries while exposing some deep taboos. Can you handle the heat? We’re looking forward to spicing things up and making this weekend unforgettable for our visitors with a completely unique show that will accompany the release of our new game. Play with your weaknesses and let’s see how much you can enjoy yourself at ICE Totally Gaming 2018 in London with Endorphina. You definitely do not want to miss this one!

If you have some questions or are eager to book a meeting with our team at Ice Totally Gaming 2018

Endorphina Games is a internet gambling software providers since 2012.

Endorphina Ltd is registered under the laws of the European Union member state of Malta. It has registration number C77672 with office address at 27/28, Triq Torri Wejter, Birkirkara BKR 4730. Endorphina Limited operations are regulated by the Malta Gaming Authority (MGA) under the license MGA/CL4/xxx/xxxx (currently under application). Find out more about the MGA at www.mga.org.mt. Gambling can be addictive, play responsibly.

Contacts:

mail : mail@endorphina.com
www : Endorphina.com
tel: +420 222 564 222

More details can be found at our new casino software online website location.

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What can you see in Ibiza,Corsica and other Mediterranean

The capital of the small island-nation of Malta, Valletta is a Baroque masterpiece built in large part during the 16th century by the Knights Hospitaller or Order of St John. A UNESCO World Heritage Site, Valletta also boasts a number of well-preserved Modern, Neo-Classical and Mannerist landmarks.

Navagio Beach, Zakynthos, Greece The beach is truly iconic and the most recognizable in the world. Crystal clear water coast is surrounded with steep cliffs, that are often used by the base jumpers. The visitors get here by boat from Porto Vromi and spend a nice day in this picturesque place.

Why to go there? One of the most popular beaches in the world.

When to go there? All year round, summer being the most popular season.

The most striking feature of Marseille’s Basilica of Notre Dame de La Garde is the 30-foot gold statue of the Virgin Mary (sitting on a 180-foot bell tower/belfry) protectively looking out over her city. Locals call her la bonne mere or “the good mother.” The Roman-Byzantine church’s mosaics were restored in 2008 after years of damage from candle smoke and the impact of bullets during the liberation of Marseille in 1944. Bullet holes from the battle are still visible on the northern facade of the basilica.

The island of Kos is one of Greece’s most charming. It has beaches laden with all sorts of fun stuff, like windsurfing on Mastichari Beach, and waterfront bars at Lambi Mylos Beach, as well as quiet sheltered coves you can only get to by boat. Kos Town is very much the heart of the island action and a great place to unwind, but if you’re there, make time for historical sights like Asklepieion – an unusual early medical centre dedicated to the Greek god of health. Find 19 more beautiful Greek Islands, with our guide to the best of Greece’s archipelago.
Where to stay in Kos Town?

The Peridis Family Resort is a great choice for many reasons: it’s in Kos Town, it has three swimming pools and, for families, it even has a free kids’ club.
How to get there?

Kos has its own airport which you can fly to from the UK in under five hours.

Dutch guests : Een verborgen juweel langs de Noord-Afrikaanse kustlijn, Tetouan is een van de eentonige Marokkaanse stad gelegen aan de voet van de Rif-bergen. Rijk aan Hispano-Arabische kunst die dateert uit de tijd van de Spaanse Reconquista, zijn oude Medina staat op de werelderfgoedlijst van UNESCO. Meer details on Flacco.

Navagio Beach, Zakynthos, Griekenland Het strand is echt iconisch en het meest herkenbaar in de wereld. Kristalheldere waterkust is omgeven door steile kliffen, die vaak worden gebruikt door de basis jumpers. De bezoekers komen hier per boot vanuit Porto Vromi en brengen een mooie dag door op deze schilderachtige plek.

Waarom er heen gaan? Een van de meest populaire stranden ter wereld.

Wanneer moet je daar heen? Het hele jaar door, de zomer is het meest populaire seizoen. Meer details on Corsica vliegvakantie.

Een van de oudste en beroemdste kunstmusea ter wereld, de Uffizi is de thuisbasis van de grootste en meest indrukwekkende kunstcollectie van Itali?. De naam van het museum, Italiaans voor het woord “kantoren”, komt van het oorspronkelijke gebruik van het paleis als een kantoorgebouw, ontworpen door de grote Giorgio Vasari voor aristocraat Cosimo I de ‘Medici. Het werd vervolgens gebruikt om de grote collectie schilderijen en sculpturen van de Medici-familie tentoon te stellen en zodoende werd de Uffizi geboren. Hoogtepunten van de werken van het museum zijn onder andere de Madonna van de distelvink door Raphael (onlangs gerenoveerd), de geboorte van Venus en Primavera door Sandro Botticelli, Slag om San Romano door Paolo Uccello, Michelangelo’s Doni Tondo, Titian’s Venus van Urbino Bacchus door Caravaggio. Voor een werkelijk unieke ervaring boekt u een priv?tour door de Vasari Corridor, de met kunst gevulde geheime doorgang over de Ponte Vecchio die de Uffizi verbindt met het Palazzo Pitti.

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Masonic rings online shopping

Looking for freemason rings but you don’t know where to start. 1st we will talk a little about freemason rings history and after that we will recommend you the perfect store to buy them. What is Freemasonry? There are many answers to this question. A common response is “Ask a mason!” But if you don’t know any masons, freemasonry is several different things. It is a lodge, a brotherhood, an organization, a system of conduct, and more. During the Middle Ages, lodges for fraternity members became a popular way for men to form a brotherhood. This gathering spot would lay the foundation for the Freemasonry tradition. The first official lodge to be recognized as a Freemasonry lodge was opened in 1717 in London. Since then the fraternity has covered many corners of the globe and continues to be an important part of community and charitable works.

The masonic ring is first made with no ornamentation on its face. The symbol that the wearer would like to display is then engraved upon it. This is usually the masonic “square and compass,” the universal symbols of freemasonry. The ring may also feature the letter G in the middle. G symbolizes the word GAOTU, an acronym for great architect of the universe. The ring will feature these symbols raised on the surface.

The Knights Templar ring features a symmetrical cross in the center. This ring signifies freemasonry’s lineage claim to the Knights Templar, who protected Christian crusaders on pilgrimages to the Holy Land. The Scottish Rite ring is a plain band of gold with an equilateral triangle enclosing the Hebrew letter Yud, the initial of a deity. The inside typically reads, “Whom virtue unites, death will not separate.” The Shrine ring displays a sword and a crescent. As there are many variations of freemasonry, there are also many different kinds of rings. These include Blue Lodge, Eastern Star and other branches.

Masonic aprons represent the pure heart and indicate purification of life. They are presented to Freemasons for wearing to a lodge. The Masonic apron is compared with the noblest decorations of ancient and modern Europe. The lambskin or white leather apron is the badge of Mason and an emblem of innocence. It teaches the aspiring mason that none are admitted to the honors. But, as you were cleaned of the impurities of your mind and body, you have been presented the apron. The purity of life and conduct are essential to gain admittance into the certain Masonic lodges where the Lord presides forever. The Apron is a reminder to Master Mason to do no more evil to any person. Hence, it should be worn with dignity and honor.

No one knows with certainty how or when the Masonic Fraternity was formed. A widely accepted theory among Masonic scholars is that it arose from the stonemasons’ guilds during the Middle Ages. The language and symbols used in the fraternity’s rituals come from this era. The oldest document that makes reference to Masons is the Regius Poem, printed about 1390, which was a copy of an earlier work. In 1717, four lodges in London formed the first Grand Lodge of England, and records from that point on are more complete. Within thirty years, the fraternity had spread throughout Europe and the American Colonies. Freemasonry became very popular in colonial America. George Washington was a Mason, Benjamin Franklin served as the head of the fraternity in Pennsylvania, as did Paul Revere and Joseph Warren in Massachusetts. Other well-known Masons involved with the founding of America included John Hancock, John Sullivan, Lafayette, Baron Fredrick von Stuben, Nathanael Greene, and John Paul Jones. Another Mason, Chief Justice John Marshall, shaped the Supreme Court into its present form.

Freemasonry lacks the basic elements of religion: (a) It has no dogma or theology, no wish or means to enforce religious orthodoxy. (b) It offers no sacraments. (c) It does not claim to lead to salvation by works, by secret knowledge, or by any other means. The secrets of Freemasonry are concerned with modes of recognition, not with the means of salvation.

MasonicBuys.com is your best choice if you want to buy freemason rings. It is run by a group of enthusiastic freemasons who decided to combine passion and entrepreneurship.

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Élodie D’Ambrosio : Une Étoile Montante de l’Animation

Élodie D’Ambrosio : Une Étoile Montante de l’Animation

Élodie D'AmbrosioLe monde de l’animation est en pleine effervescence avec l’émergence de jeunes talents prometteurs. Parmi eux, Élodie D’Ambrosio se distingue comme une étudiante remarquée de l’École des Gobelins, une institution réputée pour former les meilleurs artistes dans le domaine de l’animation. Son travail, déjà riche en promesses, est l’objet d’un intérêt croissant.

Un Parcours Inspirant

Élodie D’Ambrosio développe très jeune une passion pour le dessin et l’animation. Cette passion la conduit naturellement vers l’École des Gobelins, où elle entame un parcours académique rigoureux. Dès ses premiers travaux, elle se fait remarquer pour sa capacité à mêler tradition et modernité dans ses créations. Sa démarche artistique, alliant sensibilité et technique, promet une carrière remarquable.

Un Style Unique

Le style d’Élodie D’Ambrosio est à la fois élégant et audacieux. Ses créations se distinguent par une utilisation subtile des couleurs et une fluidité dans le mouvement qui donnent vie à ses personnages de manière singulière. Elle maîtrise avec brio les techniques d’animation traditionnelles tout en explorant les possibilités offertes par les outils numériques. Ses courts-métrages, encore en développement, révèlent une sensibilité artistique qui capte l’essence même de l’animation.

Des Premiers Succès

En 2012, Élodie D’Ambrosio est déjà reconnue pour ses premiers projets académiques qui commencent à faire parler d’eux dans le milieu de l’animation. Son court-métrage “Rêveries Éphémères”, un projet réalisé dans le cadre de ses études, est salué pour sa capacité à évoquer des émotions profondes à travers des visuels captivants. Ce travail, bien qu’encore en phase de développement, montre une maturité artistique impressionnante pour une étudiante.

Un Engagement à la Création

Ce qui distingue Élodie, c’est également son engagement envers la création collective. Elle participe activement à des projets de groupe et s’investit dans des initiatives de collaboration, partageant ses idées et apprenant des autres talents qui l’entourent. Sa capacité à travailler en équipe tout en conservant une vision artistique personnelle est un atout précieux qui promet de l’aider à se démarquer dans le futur.

Vers l’Avenir

Alors qu’elle poursuit ses études en animation, Élodie D’Ambrosio est sur la bonne voie pour devenir une figure importante dans le monde de l’animation. Son talent, son enthousiasme et son sens de l’innovation la placent parmi les jeunes créateurs à suivre de près. Les années à venir seront sans aucun doute déterminantes pour elle, et il est certain qu’elle continuera à apporter une contribution significative à l’art de l’animation.

En résumé, Élodie D’Ambrosio est une étudiante en animation dont le travail promet déjà d’élever les standards de l’industrie. Sa passion, son engagement et son style unique font d’elle une étoile montante à surveiller, et l’avenir s’annonce brillant pour cette jeune créatrice talentueuse.

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