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Pangea Natural Foods Inc (PNGAF) RSS Feed

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Created
08/25/22
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***"8:30a ET 9/29/2022 - PR Newswire
PANGEA ADDS PLANT-BASED CHIKKEN NUGGETS TO ITS LINEUP OF INNOVATIVE PRODUCTS
 

Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, today announced the launch of Pangea Chikken Nuggets, a protein-rich vegan meat alternative.

The Company's vegan Chikken Nuggets are made with three types of pea protein and are free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients. This is the Company's second plant-based product, after the Pangea Plant-Based Patties.

The global vegan food market is projected to grow from US$26.16 billion in 2021 to US$61.35 billion in 2028 at a CAGR of 12.95% in the forecasted period of 2021-2028. The global vegan food market is projected to grow from $26.16 billion in 2021 to $61.35 billion in 2028 at a CAGR of 12.95% in forecast period, 2021-2028.[1]

"We are excited to launch another plant-based product given the immense growth that the sector is experiencing globally. Understanding consumer lifestyle and food trends, and a commitment to innovation, allows our team to continuously introduce new products, such as the Chikken Nuggets, to the market," says Pangea CEO Pratap Sandhu, "The Pangea Chikken Nuggets are the perfect meat alternative because they taste great, they are healthy, and are packed with iron, and calcium. Plus, each nugget has 21 grams of protein."

Pangea offers a broad portfolio of innovative healthy food products that taste great and are sustainably sourced. Pangea's signature products include the Pangea Plant-Based Patties, Old Fashioned Ghee and Munchie Mix, which are available on the Company's website and in over 250 leading national retail food stores across Canada and the United States.

The Company manufactures their products in-house at their Vancouver Lower Mainland facility. The Company's facility has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration"



OTCQB Venture Market Logo
OTCQB Member Since 08/2022
 
OTCQB
 
The Company’s board of directors includes at least two Independent Directors.
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Share Structure

 
 
Market Cap Market Cap
2,210,800
09/22/2022
Authorized Shares
Unlimited
09/22/2022
Outstanding Shares
27,635,001
09/22/2022
Restricted
19,940,001
09/22/2022
Unrestricted
7,695,000
09/22/2022
Held at DTC
13,200
09/22/2022
Float
5,521,000
08/16/2022
 

 

For the three and six months ended April 30, 2022 and
for the period from incorporation on April 10, 2021 to April 30, 2021:

https://www.otcmarkets.com/otcapi/company/financial-report/341849/content

"8:00a ET 8/25/2022 - PR Newswire
PANGEA BEGINS UNITED STATES EXPANSION WITH PRODUCT LISTING IN H MART
 

Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, is pleased to announce it has expanded into the United States with retail distribution in H Mart.

Founded in 1982, H Mart is an American supermarket chain operated by the Hanahreum Group and headquartered in Lyndhurst, New Jersey. The chain has 84 stores throughout the United States, as well as outlets in Canada, and the United Kingdom. As of July 16th, 2022 the Company's Plant-Based Patties were listed in select H Mart locations across Texas.

The Company's Plant-Based Patties are made of pea-protein and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.

Pangea's CEO, Pratap Sandhu, commented on the Company's new distribution with H Mart, "Building on the positive momentum of our recent distribution across Canada, we're excited to now expand into the United States. We look forward to introducing our products to a broader range of customers - making delicious, nutritious and sustainable eating more accessible than ever before."

All of the Company's products are manufactured in the Vancouver lower mainland at an in-house facility approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration. To provide a convenient experience for its customers, the Company offers its products for purchase via e-commerce platforms and traditional retail outlets.

About Pangea Natural Foods Inc.

Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality food products across North America.

On Behalf of the Board of Directors

(signed) "Pratap Sandhu"Pratap SandhuCEO, Corporate Secretary and Director

For further information, please visit the Company's website at www.pangeafood.com"
 

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