Pure Foods Tasmania Ltd

Pure Foods Tasmania (ASX: PFT) has achieved a major milestone in its turnaround strategy, with its Tasmanian Pâté brand now ranged in approximately 700 Coles supermarkets nationwide. The expanded distribution more than doubles the brand’s previous footprint of 300 stores, with initial September orders exceeding ten times the monthly volumes recorded between June and August. Executive […]

Pure Foods Tasmania (ASX: PFT) has successfully completed a strongly oversubscribed capital raising that brought in $1.76 million, exceeding the original $1.36m target. The placement included $610,000 from directors and saw all participants agree to a 12-month voluntary escrow, underscoring confidence in the company’s recovery strategy. Alongside the raise, shareholders converted $1.19m in loans to […]

Pure Foods Tasmania (ASX: PFT) is actioning its charted growth strategy, revealing plans to buy the business and assets of Daly Potato Company for $1.8 million. The company listed on the ASX in April after raising $3.5 million through a public offer with funds intended to acquire synergistic or complementary food and beverage businesses in […]

Pure Foods Tasmania will make its debut on the Australian stock exchange today after raising $3.5 million through a public offer and finalising a takeover by Bunji Corporation (ASX: BCL). The public offer sought to raise a minimum of $3 million and was able to accept over subscriptions of up to $500,000. It closed with […]