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GURU energy drink’s shares going public


October 26, 2020
By CANADIAN VENDING


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Logo courtesy of GURU

GURU Organic Energy Corp. announced that Mira X Acquisition Corp has received conditional approval from the TSX Venture Exchange in respect of its qualifying transaction with GURU. In addition, GURU has received conditional approval from the Toronto Stock Exchange to graduate from the TSXV to the TSX immediately upon becoming a publicly-traded company, subject to the satisfaction of certain TSX listing conditions.

GURU intends to list its common shares on the TSX under the symbol “GURU” on or about November 2, 2020, following receipt of approval by Mira X shareholders on October 28, 2020 in connection with the reverse takeover transaction, and closing of the transaction.

“This is a major milestone for GURU, allowing us to list on Canada’s largest stock exchange and gain access to an even broader investor base,” said Carl Goyette, President and chief executive officer of GURU. “This approval, along with our $34.5 million oversubscribed financing, bodes very well for our stock market listing. We are squarely focused on capturing additional market share in Quebec and accelerating our expansion strategy in the rest of Canada and the United States. We are on a clear path to pursue our mission to clean up the energy drink space, in an industry valued at more than US$15 billion(1) with a growing appetite for organic, plant-based alternatives.”

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