- Billy Goat Brands (GOAT) is changing its name to “GOAT Industries Ltd.” effective September 12, 2022
- The company will continue to trade on the CSE under its current stock symbol GOAT
- The company believes that the name change will re-enforce GOAT’s recently announced capital deployment, diversification, and alpha generation mandates
- Billy Goat Brands is an investment issuer focused on investing in high-potential companies operating across a variety of sectors
- Billy Goat Brands Ltd. is up 22.22 per cent, trading at $0.055 as at 11:06 ET
Billy Goat Brands (GOAT) is changing its name to “GOAT Industries Ltd.” effective September 12, 2022.
The company will continue to trade on the CSE under its current stock symbol GOAT and on the OCTQB Venture Market under the symbol BGTTF.
Shareholders are not required to take any action regarding the name change.
Outstanding share certificates are not affected by the name change and do not need to be exchanged.
The company’s ISIN and CUSIP numbers for the common shares will change to CA3802J1030 and 38021J103, respectively.
The company believes that the name change will further re-enforce GOAT’s recently announced capital deployment, diversification, and alpha generation mandates.
The company intends to expand investment portfolio to include accretive holdings in new market sectors, including industrials, defence technologies, critical commodities, energy, energy transition metals (ETM) and electrification.
Furthermore, GOAT will continue to provide active, growth-stage funding into patented technologies, defendable CellAg intellectual property and plant-based brands focused on the food and water insecurity trade.
More than 2.3 billion people are currently facing water stress and nearly 160 million children are exposed to severe and prolonged droughts and in the past 20 years, droughts have triggered global economic losses of about $124 billion.
One of the company’s flagship holdings, Sophies Kitchen, is currently at the forefront of creating sustainable plant-based seafood alternatives to ensure the health of the oceans and global food chains.
On May 5, 2022, GOAT increased its ownership stake in Sophie’s Kitchen to 35 per cent.
Billy Goat Brands is an investment issuer focused on investing in high-potential companies operating across a variety of sectors.
Billy Goat Brands Ltd. is up 22.22 per cent, trading at $0.055 as at 11:06 ET.
