<SEC-DOCUMENT>0001193125-20-243738.txt : 20200911
<SEC-HEADER>0001193125-20-243738.hdr.sgml : 20200911
<ACCEPTANCE-DATETIME>20200911081152
ACCESSION NUMBER:		0001193125-20-243738
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20200910
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200911
DATE AS OF CHANGE:		20200911

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Village Farms International, Inc.
		CENTRAL INDEX KEY:			0001584549
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE PRODUCTION - CROPS [0100]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38783
		FILM NUMBER:		201169987

	BUSINESS ADDRESS:	
		STREET 1:		4700 - 80TH STREET
		CITY:			DELTA, BRITISH COLUMBIA
		STATE:			Z4
		ZIP:			V4K 3N3
		BUSINESS PHONE:		732-676-3008

	MAIL ADDRESS:	
		STREET 1:		4700 - 80TH STREET
		CITY:			DELTA, BRITISH COLUMBIA
		STATE:			Z4
		ZIP:			V4K 3N3
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d70996d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT
STYLE="white-space:nowrap">8-K</FONT> </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT
REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Pursuant to Section&nbsp;13 or 15(d) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>of the Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of Report (Date of earliest event reported): September&nbsp;10, 2020 </B></P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>VILLAGE FARMS INTERNATIONAL, INC. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD WIDTH="34%"></TD>

<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" ALIGN="center"><B>Canada</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B><FONT STYLE="white-space:nowrap">001-38783</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B><FONT STYLE="white-space:nowrap">98-1007671</FONT></B></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or Other Jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of Incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File No.)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(IRS Employee<BR>Identification No.)</B></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>4700-80th Street </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Delta, British Columbia Canada </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>V4K 3N3 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of
Principal Executive Offices) </B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(604) <FONT STYLE="white-space:nowrap">940-6012</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s telephone number, including area code) </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former name or former address, if changed since last report) </B></P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below if the Form <FONT STYLE="white-space:nowrap">8-K</FONT> filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Soliciting material pursuant to Rule <FONT STYLE="white-space:nowrap">14a-12</FONT> under the Exchange Act (17
CFR <FONT STYLE="white-space:nowrap">240.14a-12)</FONT> </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT
STYLE="white-space:nowrap">14d-2(b)</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.14d-2(b))</FONT> </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT
STYLE="white-space:nowrap">13e-4(c)</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.13e-4(c))</FONT> </P></TD></TR></TABLE>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities registered pursuant to Section&nbsp;12(b) of the Act: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Title of Each Class</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Trading</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Symbol(s)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Name of Each Exchange on</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Which Registered</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" ALIGN="center">Common Shares, without par value</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">VFF</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">The Nasdaq Stock Market LLC</TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of
1933 (&#167;230.405 of this chapter) or <FONT STYLE="white-space:nowrap">Rule&nbsp;12b-2&nbsp;of</FONT> the Securities Exchange Act of <FONT STYLE="white-space:nowrap">1934&nbsp;(&#167;240.12b-2&nbsp;of</FONT> this chapter). </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Emerging growth company&nbsp;&nbsp;&#9746; </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an
emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&nbsp;13(a) of the Exchange
Act.&nbsp;&nbsp;&#9744; </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;7.01 Regulation FD Disclosure </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On September&nbsp;10, 2020, Village Farms International, Inc. (the &#147;<B>Company</B>&#148; or &#147;<B>Village Farms</B>&#148;) issued a
press release announcing that it has closed its previously announced registered direct offering with certain institutional investors for the purchase and sale of an aggregate of 9,396,222 units (&#147;<B>Units</B>&#148;), each consisting of one
common share of the Company (each, a &#147;<B>Common Share</B>&#148;) and <FONT STYLE="white-space:nowrap">one-half</FONT> (0.5) of a warrant to purchase one Common Share, at a purchase price of US$5.30 per Unit, for gross proceeds of approximately
US$49.8&nbsp;million before placement agent fees and other offering expenses payable by Village Farms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A copy of the press release is
attached as Exhibit 99.1 of this Current Report on <FONT STYLE="white-space:nowrap">Form&nbsp;8-K&nbsp;and</FONT> incorporated into this Item 7.01 by reference. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The information contained in this Current Report on <FONT STYLE="white-space:nowrap">Form&nbsp;8-K&nbsp;under</FONT> Item 7.01, including
Exhibit 99.1, is being furnished pursuant to Item 7.01 of <FONT STYLE="white-space:nowrap">Form&nbsp;8-K&nbsp;and</FONT> shall not be deemed to be &#147;filed&#148; for purposes of Section&nbsp;18 of the Securities Exchange Act of 1934, as amended
(the &#147;<B>Exchange Act</B>&#148;), or otherwise subject to the liabilities of that section. The information contained in this Current Report on <FONT STYLE="white-space:nowrap">Form&nbsp;8-K&nbsp;under</FONT> Item 7.01, including Exhibit 99.1,
shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;9.01 Financial Statements and Exhibits. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(d) Exhibits. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Exhibit<BR>Number</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="d70996dex991.htm">Press Release dated September&nbsp;10, 2020.</A></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: September&nbsp;11, 2020 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"><B>Village Farms International, Inc.</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Stephen C. Ruffini</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Stephen C. Ruffini</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Executive Vice President and Chief Financial Officer</TD></TR>
</TABLE></DIV>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d70996dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Exhibit 99.1 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g70996dsp1.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>FOR IMMEIDATE RELEASE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Village Farms International Completes US$49.8 Million </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Registered Direct Offering </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Vancouver,
BC, September</B><B></B><B>&nbsp;10, 2020</B> &#150; Village Farms International, Inc. (&#147;Village Farms&#148; or the &#147;Company&#148;) (NASDAQ: VFF) (TSX: VFF) today announced that it has closed its previously announced registered direct
offering with certain institutional investors for the purchase and sale of an aggregate of 9,396,226 units at a purchase price of US$5.30 per unit for gross proceeds of approximately US$49.8&nbsp;million before placement agent fees and other
offering expenses payable by Village Farms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Each unit that was sold consists of one common share of Village Farms and a
<FONT STYLE="white-space:nowrap">one-half</FONT> (0.5) of a warrant to purchase a common share of Village Farms at an exercise price of US$5.80. The warrants will be exercisable beginning on March&nbsp;10, 2021 and will expire on September&nbsp;10,
2025. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Village Farms intends to use up to US$40&nbsp;million of the net proceeds from this offering to finance a portion of the acquisition of 36,958,500
common shares in the capital of Pure Sunfarms Corp. (&#147;Pure Sunfarms&#148;), representing 41.3% of the issued and outstanding common shares of Pure Sunfarms and all of the remaining common shares of Pure Sunfarms not held by the Company, as
announced by the Company on September&nbsp;8, 2020. The remaining net proceeds from this offering are intended to be used for general working capital. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Upon closing of the offering, there were 65,951,810 issued and outstanding common shares of Village Farms. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">A.G.P./Alliance Global Partners acted as sole placement agent for the offering. Beacon Securities Limited acted as financial advisor for the offering. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Village Farms International, Inc. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Village Farms is
one of the largest and longest-operating greenhouse growers in North America, and is leveraging its decades of experience as a large-scale, <FONT STYLE="white-space:nowrap">low-cost</FONT> intensive agriculture and vertically integrated produce
supplier to pursue high-value, high-growth plant-based Consumer Packaged Goods opportunities in cannabis and CBD in North America and selected markets internationally. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In Canada, British-Columbia-based Pure Sunfarms is one of the single largest cannabis operations in the world, the lowest-cost greenhouse producer, one of the
best-selling brands, and has generated profitability for six consecutive quarters. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g70996dsp1.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In the U.S., subject to compliance with all applicable U.S. federal and state laws, Village Farms is pursuing
a strategy to become a leading developer and supplier of branded and white-labeled CBD products targeting &#147;big box&#148; and other major retailers and consumer packaged goods companies, and with one the largest greenhouse operations in country,
is well positioned for the potential federal legalization of <FONT STYLE="white-space:nowrap">high-THC</FONT> cannabis. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Internationally, Village Farms is
strategically targeting selected, nascent, legal cannabis and CBD opportunities with significant long-term potential, with an initial focus on the Asia-Pacific region through its investment in Australia-based Altum International. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Cautionary Statement Regarding Forward-Looking Information </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995,
Section&nbsp;27A of the Securities Act of 1933, as amended and Section&nbsp;21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor created by those sections. This press release also contains &#147;forward-looking
information&#148; within the meaning of applicable Canadian securities law. We refer to such forward-looking statements and forward-looking information collectively as &#147;forward-looking statements&#148;. Particularly, statements regarding the
intended use of proceeds, the acquisition of the remaining interest in Pure Sunfarms, and the future results, performance, achievements, prospects or opportunities for the Company, the greenhouse vegetable industry, the cannabis industry or other
risks discussed in the Company&#146;s Form <FONT STYLE="white-space:nowrap">10-K</FONT> filed on April&nbsp;1, 2020 and its other filings with the SEC are forward-looking statements. In some cases, forward-looking information can be identified by
such terms as &#147;outlook&#148;, &#147;may&#148;, &#147;might&#148;, &#147;will&#148;, &#147;could&#148;, &#147;should&#148;, &#147;would&#148;, &#147;occur&#148;, &#147;expect&#148;, &#147;plan&#148;, &#147;anticipate&#148;, &#147;believe&#148;,
&#147;intend&#148;, &#147;try&#148;, &#147;estimate&#148;, &#147;predict&#148;, &#147;potential&#148;, &#147;continue&#148;, &#147;likely&#148;, &#147;schedule&#148;, &#147;objectives&#148;, or the negative or grammatical variation thereof or other
similar expressions concerning matters that are not historical facts. When relying on forward-looking statements to make decisions, the Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve
significant risks and uncertainties and should not be read as guarantees of future results, performance, achievements, prospects and opportunities. The forward-looking statements made in this press release relate only to events or information as of
the date on which the statements are made in this press release. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or
otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. </I></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investor Contact: </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Lawrence Chamberlain </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Investor Relations </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(416) <FONT STYLE="white-space:nowrap">519-4196</FONT> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>lawrence.chamberlain@loderockadvisors.com </U></P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g70996dsp1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g70996dsp1.jpg
M_]C_X  02D9)1@ !  $ 8 !@  #__@ ?3$5!1"!496-H;F]L;V=I97,@26YC
M+B!6,2XP,0#_VP"$  @&!@<&!0@'!P<*"0@*#18.#0P,#1L3%! 6(!PB(1\<
M'QXC*#,K(R8P)AX?+#TM,#4V.3HY(BL_0SXX0S,X.3<!"0H*#0L-&@X.&C<D
M'R0W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W
M-S<W-S<W-__$ :(   $% 0$! 0$!           ! @,$!08'" D*"P$  P$!
M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MR5*DHRLF97_"7:W_ ,_@_P"_2?X5Q_VEB?YOP7^1G[:?</\ A+M;_P"?P?\
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M * "@ H * -KPE_R,]G_ ,#_ /0&KT,N_P!ZC\_R9K1^-#O%_P#R,MS]$_\
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M#O/^?J']?\*/[(J_S(/J\NXA\"7:@EKR  =2<_X4?V147VD'U=]Q?^$#O/\
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MMQ-;+9QQ?*,%/*(>,8.23V_&N2,H<T532^[5&::NK$4EY?11P[[C!>$2!BH
M+'^'IV].O-0ZE6*5WNK_ #["O)$JWMZ=0\MF5")%41$?>7 R1QGUY]JM5:GM
M+/OMY#YG<BEFNWTW,LID^T02$KL VD#C&*B4JCI:N]TQ-OE)I;B[M9/):X)C
MPA:8H,H#G/MV'TS6DIU(/E;TTUMMN-MK0=#J,D;(T\N;<[PLI7&_&,'^?UQ3
MC6::<GIKKW[#4K;D46H7)DMB\I8R(I$2J <D=P1T]QTJ(UIWC=[I:"4GH3:7
M=W-Q,!+(K IEUQRC9Z=.._!]*O#U)S?O/I]PX-O<AF:*'[8LZQ_:6D)'FQE_
M,7^$+Z^E1)QCS*5KWZJ]UTL)V5[CFNKT>8[.8D4QJ5"9\L%06/X4W4JZMNRT
M^6FH7D->]OPA%NWG*[F**0IU. 0Q]OO#\*3JU4O<UOHG^OYAS2Z#X;F]O7B(
MD:WCE5W V#( P .?Q-5&=2HU9V3N]O0$VS2LI7GLH)9!AW0%ATYKJI2<H*3W
J-(NZN3UH,* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * /_9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
