LONDON, ON, Jan. 5, 2024 /CNW/ - Odd Burger Corporation ("Odd Burger" or the "Company") (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9) announces that Ted Sehl has resigned as the Chief Financial Officer and director of the Company effective January 1, 2024 due to an unexpected and severe medical event requiring surgery. As a ‎result, Mr. Sehl will no longer be able to perform the duties of CFO and director and James McInnes has been appointed interim CFO, effective January 1, 2024. The Board expects to ‎‎embark on an extensive search for a permanent CFO in due course.‎ 

The company would like to thank Mr. Sehl for his hard work and dedication and wishes him a speedy recovery. "Ted has made a significant contribution to our company, and we will miss him tremendously," says James McInnes, CEO and Co-Founder of Odd Burger. "Ted created an amazing team and I am confident in their ability to continue operating our financial division without interruption."

Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that manufactures a proprietary line of plant-based protein and dairy alternatives. Its manufactured products are distributed to Odd Burger restaurant locations through its foodservice line and also sold at grocery retailers through its consumer-packaged goods (CPG) line. Odd Burger restaurants operate as smart kitchens, which use state-of-the art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, a vertically integrated supply chain along with healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food that can be enjoyed at its restaurant locations or at home though its CPG line. Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol "ODD" and on the OTCQB under the symbol "ODDAF". For more information visit https://www.oddburger.com.

This news release contains "forward-looking information" within the meaning of applicable Canadian ‎securities legislation. All statements, other than statements of historical fact, included herein are forward-‎looking information. In particular, this news release contains forward-looking information regarding: the search for a permanent CFO. There can be no assurance that such forward-looking information will prove to be ‎accurate, and actual ‎results and future events could differ materially from those anticipated in such ‎forward-looking ‎information. This forward-looking information reflects Odd Burger's current beliefs and is based on ‎‎information currently available to Odd Burger and on assumptions Odd Burger believes are ‎reasonable. These ‎assumptions include, but are not limited to: the ability of Odd Burger to complete ‎the search for a permanent CFO. Forward-looking information is subject to known ‎and unknown risks, uncertainties and other factors ‎that may cause the actual results, level of activity, ‎performance or achievements of Odd Burger to be materially ‎different from those expressed or ‎implied by such forward-looking information. Such risks and other ‎factors may include, but are not ‎limited to: general business, economic, competitive, political and social ‎uncertainties; general capital ‎market conditions and market prices for securities; delay or failure to receive ‎board or regulatory ‎approvals; the actual results of future operations; competition; changes in legislation ‎‎affecting Odd ‎Burger; the timing and availability of external financing on acceptable terms; long-term capital ‎‎requirements and future developments in the Company's markets and the markets in which it expects ‎to ‎compete;‎ lack of qualified, skilled labour or loss of key individuals. A description of additional risk ‎factors ‎that may cause actual results to differ materially from forward-looking information can be ‎found in Odd Burger's ‎disclosure documents on the SEDAR+ website at www.sedarplus.com. Although ‎Odd Burger has attempted to identify ‎important factors that could cause actual results to differ ‎materially from those contained in forward-‎looking information, there may be other factors that cause ‎results not to be as anticipated, estimated or ‎intended. Readers are cautioned that the foregoing list ‎of factors is not exhaustive. Readers are further ‎cautioned not to place undue reliance on forward-‎looking information as there can be no assurance that ‎the plans, intentions or expectations upon ‎which they are placed will occur. Forward-looking information ‎contained in this news release is ‎expressly qualified by this cautionary statement. The forward-looking ‎information contained in this ‎news release represents the expectations of Odd Burger as of the date of this news ‎release and, ‎accordingly, is subject to change after such date. However, Odd Burger expressly disclaims any ‎‎intention or obligation to update or revise any forward-looking information, whether as a result of ‎new ‎information, future events or otherwise, except as expressly required by applicable securities ‎law.‎

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. ‎Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the ‎policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news ‎release.‎