Odd Burger Announces Grand Opening of Calgary Location and Provides Update on Canadian Expansion

 

Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9), one of the world’s first vegan fast-food chains and the first to go public, announces the Grand Opening of its first Western Canada location in Calgary, Alberta.

The Calgary Grand Opening event will take place at 1515 14th Street SW on Saturday, December 10th from 12 pm to 6 pm. The event will include half-price Crispy ChickUn Burgers all day long, Odd Burger tote bags for the first 30 people in line and 25% of sales will be donated to the Animal Save Movement.  The Calgary Odd Burger is the first location set to open outside of Ontario and marks an important milestone for the company as it looks to expand its footprint across Canada and beyond.  Franchisees Jay and Joanna Gandhi will be opening one of the largest Odd Burger locations to date at nearly 1,500 square feet, featuring over 20 seats, a large patio space, and ample free parking.

 

“We are beyond excited to open our first Western Canada location in Calgary this coming weekend,” says James McInnes, CEO, and Co-Founder of Odd Burger. “The anticipation is extraordinary and the upcoming expansion into Western Canada demonstrates Odd Burger’s successful growth into distant geographic locations.”

Recently, Odd Burger celebrated the Grand Opening of its Brampton, Ontario location on November 12th.  The event was attended by hundreds of people and was one of Odd Burger’s best-attended events.  Franchisees Divneet Kaur and Jay Ahluwalia donated a portion of their Grand Opening Day sales to the Animal Save Movement in support of the Plant-Based Treaty – an initiative that puts food systems at the heart of combating the climate crisis.

The Company is also pleased to announce that it has secured a location in Victoria, British Columbia, and will be drafting permits for approval by the city.  The franchised location is set to open at 1700 Blanshard Street and is approximately 1,300 square feet with a large patio.

For more information about starting a franchise with Odd Burger, applications can be submitted on the Company’s website: https://oddburger.com/pages/franchise-apply

The table below provides a progress summary of previously announced locations:

Location

Status

Projected Opening

Edmonton, AB

Offer to lease submitted for

location, awaiting the landlord

acceptance.

TBD

Oakville, ON

Location Secured. Drafting

Permits.

Spring 2023

Ottawa, ON

Offer to lease submitted for

location, awaiting the landlord

acceptance.

TBD

Oshawa, ON

Drafting Permits.

Spring 2023

Nanaimo, BC

Prospecting Locations.

TBD

Regina, SK

Offer to lease submitted for

location, awaiting the landlord

acceptance.

TBD

Surrey / Burnaby, BC

Prospecting Locations.

TBD

Toronto, Broadview, ON

Landlord work complete,

construction to resume

after inspections passed.

Spring 2023

Vancouver, BC

Offer to lease submitted for

location, awaiting the landlord

acceptance.

TBD

Victoria, BC

Location Secured. Drafting

Permits.

Summer 2023

About Odd Burger Corporation

Odd Burger Corporation is a chain of company-owned and franchised vegan fast-food restaurants as well as a food technology company that manufactures and distributes a line of plant-based protein and dairy alternatives to food service channels under the brand Preposterous Foods. Odd Burger restaurants operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, and a vertically integrated supply chain along with healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food. Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol ODD, on the OTCQB under ODDAF, and on the Frankfurt Stock Exchange under IA9. For more information visit https://www.oddburger.com.

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements that involve several risks and uncertainties, including statements that relate to among other things, the Company’s strategies, intentions, plans, beliefs, expectations, and estimates, and can generally be identified by the use of words such as “may”, “will”, “could”, “should”, “would”, “likely”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “plan”, “objective” and “continue” and words and expressions of similar import. The forward-looking information contained or referred to in this news release includes statements relating but not limited to, the impact of the development agreement in the areas discussed; the expected future expansion of Odd Burger locations and the number of franchises, and the benefits the Company expects to derive therefrom; as well as the number of retail outlets to be opened and the Canada and Franchises in the United States discussed herein. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to: financing risk, general business and economic conditions (including but not limited to currency rates); changes in laws and regulations; legal and regulatory proceedings; and the ability to execute strategic plans. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this document, whether as a result of new information, future events, or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accept responsibility for the adequacy or accuracy of this press release.

 

 

SOURCE: Odd Burger Corporation




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