Village Farms International announces controlled equity offering of up to $50 million

Canadian counsel to Cantor Fitzgerald & Co. and A.G.P./Alliance Global Partners

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On August 9, 2022, Village Farms International, Inc. (NASDAQ:VFF) (“Village Farms” or the “Company”) announced that it has entered into a Controlled Equity Offering Sales Agreement (the “Sales Agreement”) with Cantor Fitzgerald & Co. and A.G.P./Alliance Global Partners (together, the “Sales Agents”), relating to the offer and sale of the Company’s common shares. In accordance with the terms of the Sales Agreement, under its prospectus supplement and the accompanying prospectus, Village Farms may offer and sell common shares having an aggregate offering price of up to $50,000,000 from time to time through Cantor and A.G.P. acting as Sales Agents.

Village Farms is a Canadian greenhouse production company with a focus on produce, recreational cannabis, health, and wellness.

Miller Thomson acted as Canadian counsel to the Sales Agents with a team comprised of Adam Kline, Ian Polisuk and Jessica Modafferi (Capital Markets & Securities); Neil Gurmukh (Tax); Hayley Coulter (Law Clerk); as well as Raquel Moses (Student).

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