Odd Burger Corporation says the grand opening of its new Vancouver restaurant and Food Truck will take place Saturday.
The Vancouver restaurant is located at 2821 Main Street and the grand opening event will take place from 12 p.m. to 6 p.m. The event will include $1 soft serve, a donation to local charity partners, a tote bag for the first 30 guests in line and a ribbon cutting ceremony at 12 p.m.
“We could not be more excited to finally bring Odd Burger to Vancouver,” said James McInnes, CEO and Co-Founder of Odd Burger. “We see tremendous potential in the B.C. market, and we believe that our expansion strategy will be instrumental to the future growth of Odd Burger.”
Odd Burger said it will also open its first food truck in British Columbia on Saturday and will soon be attending local festivals and events across the province. The food truck is expected to provide additional exposure for the Odd Burger brand as it seeks to establish itself in Western Canada. The food truck is currently taking reservations for corporate events, weddings, festivals and other private functions. Food truck inquiries can be sent to yvrfoodtruck@oddburger.com, it said in a news release.
Private Placement
The company also said that its convertible debenture announced on September 20 has been terminated and that the company instead intends to complete a non-brokered private placement of up to 4,000,000 units of the company at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,000,000.
Each unit will consist of one Common Share in the capital of the company and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.30 per Common Share at any time up to 4:00 p.m. (Toronto time) on or before the earlier of the date that is two years following the closing date of the Offering, it said.
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