• The company’s assets grew to $64,769,938 as of February 28, 2022
  • Total Eat Well Group improved its cash position from $545,976 on November 30, 2021, to $5,552,018 as of February 28, 2022
  • CEO Marc Aneed sat down with Sabrina Cuthbert to discuss the company’s first-quarter results
  • Eat Well Group is an investment company focused on companies in the agribusiness, food tech, plant-based and ESG sectors
  • Eat Well Investment Group Inc. (EWG) opened trading at C$0.21 per share

Eat Well Investment Group (EWG) has announced its first-quarter 2022 financial results.

The company grew its assets 8.6 per cent for the quarter from $59,627,414 to $64,769,938 as of February 28, 2022.

The company’s cash position improved from $545,976 to $5,552,018.

Eat Well Group closed a $5,100,000 private placement in December 2021 and a $5,018,000 strategic investment from Nurture Healthy Food LLP in February 2022.

Eat Well’s President & CEO Marc Aneed sat down with Sabrina Cuthbert to highlight the results and discuss the company’s outlook going forward.

“At a time when global/ macro trends have placed a tremendous importance on food production and alternative protein supply, our investments are not only proving to be timely but are contributors to global food security solutions. With the majority of transaction costs behind us, we can now focus on attracting significant new capital partners, refinancing debt, and helping scale our portfolio companies.”

Eat Well Group is an investment company focused on high-growth companies in the agribusiness, food tech, plant-based and ESG (environmental, social and governance) sectors.

Eat Well Investment Group Inc. (EWG) opened trading at C$0.21 per share.

More From The Market Online
Aparis Copper Mine

A Portuguese feast: EuroPacific Metals (EUP.V) digs in on a copper and gold smorgasbord

Karim Rayani liked Portugal so much he moved there and bought some historic producer mine projects that North Americans had forgotten about.
stock markets up

@ the Bell: TSX returns to near month highs

A drop in copper and higher bonds capped extended gains on the TSX, while investors awaited more cues on the timing of interest rate…
Canada Goose

Canada Goose being investigated for possible securities violations

Canada Goose (TSX:GOOS) is under investigation by a law firm representing investors regarding possible violations of federal securities laws.

Fobi AI could address a market in the trillions: Why it’s time to buy

Fobi AI (TSXV:FOBI) is an essential stock to consider to capitalize on the exponential trends of digital wallets and artificial intelligence.