GFI ANNOUNCES DTC ELIGIBILITY

Oct 28, 2022

TORONTO, - Global Food and Ingredients Ltd. (TSXV: PEAS) (OTCQX: PEASF) ("GFI" or the "Company"), is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). DTC Eligibility is expected to simplify the process of trading and enhance liquidity of GFI's shares in the United States.

The Company's shares began trading on the OTCQX on September 28, 2022 under the ticker "PEASF".

The DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

Bill Murray, Chief Financial Officer remarked, "This is an exciting and important milestone for GFI, increasing convenience to our current and prospective shareholders in the US public markets. Being DTC eligible will make the trading of our stock easier, faster and cheaper for a wider array of investors."

Source : Newswire.ca

Video: Our Own On-Farm Research Is the Best Source - Managing White Mold in Northeast Nebraska

If you assumed Nebraska was too hot and dry for white mold to be a problem in soybeans, think again.

This week we're featuring Galen Samuelson, a farmer and dealer from Wakefield, Nebraska, who knows all too well how devastating white mold can be.

"We don't have it consistently every year, but with our temperature and humidity, it can hurt us quite bad," Samuelson says. Looking for alternatives, he explains, "What I like about Heads Up is that it's non-harmful to the beneficial fungal colonies in the soil." Galen has been using Heads Up for several years now, after first hearing about it through a small ad in a regional newspaper. Watch below to hear about his journey.

When asked to write about Samuelson Seed, Galen said the following:

"Samuelson Seed is a 4th-generation, family-based company. It started with my grandfather, and I'm now starting to pass the torch to my son, Caleb."

"In the early 1990s, I started working with a company whose focus was on plant and soil health before those benefits were widely known. I've continued to keep plant and soil health the main focus in our farming operation decisions."