Gourmet Provisions International Corp. (GMPR) Announces $4 Million+ in Commitments to Finalize Black Rock Deal

Pittsburgh, PA, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Gourmet Provisions International Corporation (OTC Pink: GMPR) today announced they have secured $4,000,000+ in commitments from four separate groups to finalize the previously announced acquisition of 4 existing Black Rock Bar & Grill’s, a new location in Southfield Michigan and the master franchise rights for Georgia & Western Pennsylvania. The general terms of the investment agreements are a small discount to market that will be executed upon the uplisting to NASDAQ. In addition to the acquisition some of the funds will be utilized towards building Gourmet Provisions International existing wholly owned subsidiaries and the acquisition of other brands.

James Vowler President & CEO of Gourmet Provisions International Corp. stated, “Finalizing the Black Rock deal is a huge accomplishment for GMPR and it adds tremendous value for our shareholders. We will be adding $25 million+ in annual revenues to our audited financial statement this year and will grow the revenues to $40 million plus by the end of 2022. To make sure the terms of the agreements would be acceptable to not only our four investment groups but also to our pre determined NASDAQ banker, we had the agreement vetted by the investment banker that GMPR will be using for our uplist to NASADAQ to assure that there would not be any conflicts.”

About Gourmet Provisions International Corporation:

Gourmet Provisions International Corp. brought on Jack Brewer as GMPR’s Brand Ambassador & Brewer Media & Entertainment Group in October of 2017. Brewer Media Group was brought on to help build all aspects of the many Gourmet brands. With a primary focus on the increase of online and retail sales, social media presence and overall content, public persona and awareness, acquire acquisition opportunities and much more. The company has five wholly owned subsidiaries Jose Madrid Salsa, Pizza Fusion, Unique Tap House, Unique Foods CBD Edibles & PopsyCakes and has a Licensing agreement with Christopher Street Products.

Gourmet Provisions International has also developed a partnership with a NY Times Best Selling Author & Popular Comedian to help establish and launch a Gourmet line of food products starting with his own personal line of Pancake Mix & Syrup all under his custom brand (exciting full details coming in a press release soon).

Pizza Fusion Gourmet Provisions International Corp. acquired the multi award-winning Pizza Fusion brand, with existing locations in the US & Saudi Arabia, in March, 2019. In 2006, Pizza Fusion changed the pizza industry with its award-winning organic, gluten-free delicious healthy pizzas, with a big emphasis on every product and location keeping to the company’s motto ‘Saving the Earth one Pizza at a Time!’.