Vancouver, British Columbia–(Newsfile Corp. – December 15, 2023) – CubicFarm® Systems Corp. (TSX: CUB) (“CubicFarms” or the “Company”), a leading local chain agricultural technology company, today announced that, in connection with its previously announced delisting review process, its common shares and 8.00% unsecured convertible debentures currently listed on the Toronto Stock Exchange (“TSX“) will be delisted from the TSX at the close of markets on December 18, 2023 for failure to meet continued listing requirements. The Company will commence trading on the TSX Venture Exchange on December 19, 2023.
Neither the Toronto Stock Exchange nor the TSX Venture Exchange has approved nor disapproved the information contained herein.
HydroGreen produces Automated Vertical Pastures™, a type of smart farming equipment that uses a unique process to sprout grains such as wheat and barley, in a controlled growing environment to efficiently produce a high-performance feed ingredient for livestock 365 days a year. HydroGreen’s equipment is simple and easy to operate and performs all growing functions automatically, including seeding, watering, lighting, harvesting, and re-seeding, which allows livestock businesses to feed consistent nutrition every day with minimal labour. When balanced correctly in the ration, HydroGreen sprouted grain modifies animal digestion which enhances productivity and reduces the amount of enteric methane emitted in ruminant livestock. The result also enables environmental benefits to the farm while helping to meet increasing demand for valuable farm-based inset and offset carbon credits.
CubicFarms is a leading local chain agricultural technology company developing and deploying technology to feed a changing world. Its proprietary ag-tech solutions enable growers to produce high quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology, a subsidiary of CubicFarm Systems Corp. The CubicFarms™ system contains patented technology for growing leafy greens and other crops on-site, indoors, all year round. CubicFarms provides an efficient, localized food supply solution that benefits our people, planet, and economy.