Above food group announces strategic restructuring to accelerate focus on agri-tech and fin-tech sectors

Regina, saskatchewan--(newsfile corp. - march 20, 2025) - above food ingredients inc. (nasdaq: abve) ("the company") announces today that as part of its strategic pivot towards the agri-tech and fin-tech sectors it has consented to the application filed by the royal bank of canada to wind up the company's purely canada food corp. subsidiaries ("pcfc"), which was filed on march 3, 2025 at the court of king's bench in saskatchewan. consequently, the court on march 19, 2025, ordered that pcfc be placed into receivership.
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