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Thursday, 03/02/2023 10:59:56 AM

Thursday, March 02, 2023 10:59:56 AM

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https://finance.yahoo.com/news/golden-star-enterprises-announces-acquisition-133000423.html

Claymont, DE , March 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Golden Star Enterprises Ltd. (OTCPink: GSPT)(the “Company”) is pleased to announce that we have entered into a definitive agreement for the acquisition of Super Fresh Foods USA ("Super Fresh"), a U.S.-based food-tech company established in 2022, specializing in meal-subscription operations. Following the closing of the transaction, Super Fresh shall operate as a 100% owned subsidiary of the Company. In return, the Super Fresh shareholders will be issued a total of 84,000,000 new shares. The Company will also add two new members, that will be nominated by Super Fresh, to its existing board of directors.

“Super Fresh Foods is a welcome addition to our Company’s portfolio. With a proven track record in fiscal 2022 providing busy people high quality meals at a fraction of the price of restaurants, management is confident that Super Fresh Foods will bring immediate positive benefits to Golden Star Enterprises,” commented Eliav Kling, CEO of Golden Star Enterprises Ltd.

Super Fresh provides people healthy, ready to eat meals under their “All Your Meals” brand, without sacrificing taste and alleviating the need to cook at home. Through a partnership with All Your Foods and their Vancouver, British Columbia based kitchen, the Super Fresh collection of proprietary, chef developed recipes for finished meals are prepared daily and shipped directly to clients, providing easy to reheat, healthy and fresh meal solutions.