Canadian-based Legacy Ventures International was founded on the idea of seeking out creative companies with game-changing potential, allowing Legacy Ventures to provide the capital, oversight, and connections necessary to bring all the innovation and passion to fruition. To this end, Legacy Ventures has announced the acquisition of all outstanding common stock of RM Fresh Brands, Inc., based in Toronto. Through the Share Exchange Agreement, Legacy Ventures issued two million shares of common stock to the shareholders of RM Fresh in exchange for all the issued and outstanding shares of RM Fresh. As a condition of the agreement, 35,800,000 shares of Legacy Ventures were cancelled, leaving Legacy with 28,180,000 shares of common stock issued and outstanding. Legacy Ventures will file a Current Report with the SEC on Form 8-K within the required period.
RM Fresh Brands services food and beverage retailers and distributors who are looking for innovative, trend-setting products across North America and in international markets. With a focus on sustainable, category changing consumables, RM Fresh Brands represents an extensive portfolio of highly desirable brands, including Boxed Water. The principals of RM Fresh, Ron Patel and Mirwan Ferris, will remain as officers and directors of RM Fresh.
Upon closing of the transaction, Rehan Saeed resigned as the President and CEO of Legacy Ventures, and Evan Clifford was appointed by the Board of Directors as the new President and CEO. Mr. Clifford has extensive experience in entrepreneurial start-ups in both the private and public sector. Over the last fifteen years, Mr. Clifford has built and maintained extensive relationships throughout many different industries, and has earned a platinum record managing some of Canada’s top music artists, while playing a leading role in building one of the world’s foremost electric car companies. He has been a speaker at the world renowned Idea City Conference, and has coached companies and individuals to achieve personal and professional success throughout the last decade.
For further information on Legacy Ventures or RM Fresh Brands, visit www.LegacyVenturesInc.com or www.RMFreshBrands.com
