Core Insights - Happy Belly Food Group Inc. announces the grand opening of its 12th Rosie's Burgers location in Waterloo, Ontario, on January 17, 2026, marking a significant milestone in the brand's national expansion [1][3] - The new location is strategically positioned near two major universities, benefiting from a dense student population and a vibrant community, which aligns well with Rosie's neighborhood-focused concept [3][4] - Happy Belly is committed to rapid growth, with 12 locations currently open and over 113 more in development across Canada, supported by a dual expansion strategy of franchised growth and corporate store openings [4][8] Company Developments - K2 & Associates has converted a $2,000,000 CDN debenture into common shares, strengthening Happy Belly's balance sheet and eliminating convertible debt [4] - The conversion reflects K2's confidence in Happy Belly's strategy and long-term growth prospects, as they increase their equity ownership in the company [4][6] - Happy Belly aims to become Canada's leading restaurant consolidator, focusing on disciplined growth and the development of its portfolio of emerging food brands [4][8]
Happy Belly Food Group's Rosie's Burgers Announces the Grand Opening of its Newest Location in Waterloo, Ontario
TMX Newsfile·2026-01-16 11:00