On June 29, 2019, CubicFarms signed an agreement for a large scale commercial CubicFarm system in the Calgary, AB area and received a deposit from the customer.
“This agreement and deposit covers the Calgary region where this customer will be the exclusive CubicFarm licensee”, said Dave Dinesen, CEO, CubicFarm Systems Corp. “We are very excited to add another customer to a large Canadian metropolitan area as we continue to build out a national presence. CubicFarms is hopeful that by this winter there will be even more locally grown produce in Alberta from a CubicFarm, in addition to the farm presently operating in the Edmonton area”.
This agreement covers an order for delivery of the largest CubicFarm System to date.
In other news, CubicFarms also announced that the common shares of the company are scheduled to commence trading on TSX Venture Exchange as a Tier One Issuer on Tuesday July 9th, 2019 under the symbol “CUB”.
“The public listing of CubicFarm Systems Corp. shares is a significant milestone for our company and for all of our stakeholders,” said Dave Dinesen, CEO, CubicFarms. “We are tremendously grateful for the support we’ve received so far, and we’re equally excited about the potential growth for the company that we see ahead of us.”
For further information regarding the new listing of Cubic please refer to the Listing Application (Form 2B) dated June 25, 2019 of the company, which is available on SEDAR.