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Happy Belly Food Group's Rosie's Burgers QSR Announces the Opening of Its First Atlantic Canada Location in Halifax, Nova Scotia

(Moderate)
(Positive)
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Happy Belly Food Group (OTCQB: HBFGF) announced the opening of the first Atlantic Canada Rosie's Burgers in Halifax, Nova Scotia on November 29, 2025 at 5246 Blowers Street (Blowers and Grafton). This outlet is Rosie's 10th location in Canada and is owned and operated by a multi-unit franchisee with local restaurant experience.

The company said Rosie's has 115 locations secured under multi-unit and area development agreements across Canadian provinces and that Happy Belly’s broader portfolio has 626 contractually committed retail franchise locations in development, construction, or operation.

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Positive

  • First Atlantic Canada Rosie's opened in Halifax (Nov 29, 2025)
  • Rosie's reached its 10th Canadian restaurant
  • 115 locations secured under multi-unit and area agreements
  • 626 contractually committed franchise locations across Happy Belly portfolio

Negative

  • None.

News Market Reaction – HBFGF

+2.25%
+2.25% Session close to close

In the Nov 28 session, HBFGF gained 2.25%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Rosie's Burgers’ first Atlantic Canada restaurant in Halifax, bringing ...
Analysis

This announcement highlights Rosie's Burgers’ first Atlantic Canada restaurant in Halifax, bringing the brand to 10 Canadian locations and supporting a broader pipeline of 115 secured Rosie's sites. Management frames this as part of a disciplined, franchise-led strategy contributing to over 626 contractually committed units across Happy Belly’s brands. Investors may watch subsequent updates on unit openings, franchisee performance, and how leadership aligns operations with this rapid development pace.

Key Figures

Price change: 6.53% Current price: $1.58 Rosie’s locations: 10 locations +5 more
8 metrics
Price change 6.53% Pre-news 24h move for HBFGF
Current price $1.58 Pre-news close vs 52-week range $0.43–$1.50
Rosie’s locations 10 locations Rosie’s Burgers in Canada at Halifax opening
First Atlantic Rosie’s 1 location First Rosie’s Burgers in Atlantic Canada (Halifax, Nova Scotia)
Rosie’s secured pipeline 115 locations Secured under multi-unit and area development agreements in Canada
Franchise portfolio pipeline 626 locations Contractually committed retail franchise locations across Happy Belly brands
Heal operating locations 29 locations Heal Wellness units operating as of Dec 5, 2025 release
Smile Tiger pipeline 45 units Smile Tiger Coffee Roasters committed development after Ontario deal

Historical Context

5 past events · Latest: Dec 08 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Dec 08 Leadership changes Positive +2.6% Executive promotions to support 2026 franchising and U.S. launch plans.
Dec 05 Franchise opening Positive +2.1% First Heal Wellness location in PEI, expanding Atlantic Canada presence.
Dec 04 Franchise agreement Positive +2.5% Rosie’s Burgers franchise pact and real estate secured for Whitby, Ontario.
Dec 02 Development agreement Positive +1.3% 20-unit Smile Tiger Coffee Roasters development deal across Ontario.
Dec 01 Franchise opening Positive +0.0% New Heal Wellness opening in Calgary’s Bridgeland neighborhood.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent expansion and leadership news has generally aligned with modest positive price reactions, suggesting the stock often responds constructively to growth-related updates.

Recent Company History

Over late 2025, Happy Belly reported a series of growth milestones across its portfolio. Heal Wellness expanded in Alberta and PEI, while Smile Tiger Coffee Roasters added a 20‑unit Ontario agreement, lifting its pipeline to 45 units. Rosie's Burgers secured Whitby, Ontario franchise real estate alongside highlighting 115 secured Rosie's locations and over 626–646 contractually committed units across brands. Leadership changes on December 8, 2025 were framed to support a larger franchising push, consistent with today’s Halifax opening theme.

Key Terms

qsr
1 terms
qsr technical
"Rosie's is a boutique QSR brand serving original recipe smash burgers..."
QSR stands for quick-service restaurant, the category of eateries focused on fast, low-cost meals such as fast-food chains and counter-serve outlets. Investors watch QSRs because their performance reflects how well a chain converts steady customer traffic into profit through pricing, speed, location and franchise economics — think of them as retail stores for food where foot traffic, consistent unit costs and repeat customers determine whether an investment grows or stalls.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Toronto, Ontario--(Newsfile Corp. - November 28, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands, is pleased to announce the grand opening of its first Atlantic Canada location for Rosie's Burgers ("Rosie's") in Halifax, Nova Scotia. The opening will take place this Saturday November 29th at 5246 Blowers Street, at the corner of Blowers and Grafton (Pizza Corner). This new restaurant is the 10th Rosie's Burgers location in Canada. Rosie's is a boutique QSR brand serving original recipe smash burgers, poutine, onion rings, milkshakes and more.

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Happy Belly 1

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"Opening our first Atlantic Canada location in Halifax is a significant milestone in Rosie's national rollout," said Sean Black, Chief Executive Officer of Happy Belly. "Our tenth opening underscores the strength of Rosie's brand and our franchise model. Halifax's diverse, growing market makes it an ideal launchpad for our Atlantic Canada expansion."

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Happy Belly 2

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"The new Halifax restaurant is owned and operated by an experienced multi-unit franchisee with a proven track record in the restaurant and hospitality sector. Having an operator with deep operating experience and strong local market knowledge gives us tremendous confidence in this opening," added Sean Black. "Our franchise system is built around partnering with high-calibre operators, and this opening is another great example of how we align the right franchisee with the right market and the right real estate to drive long-term, sustainable performance."

"With 115 Rosie's locations secured under multi-unit and area development agreements across key Canadian provinces, the brand is positioned to scale rapidly in the years ahead as U.S. development begins. Our dual expansion strategy of combining franchised growth with targeted corporate store openings, reinforces our commitment to accelerating Rosie's development as we advance our mission to become a predictable and disciplined growth company, Canada's #1 restaurant consolidator."

Across the Happy Belly portfolio, the Company continues to advance a predictable and disciplined growth engine with 626 contractually committed retail franchise locations in various stages of development, construction, and operation-executing a consistent, returns-focused strategy to create long-term shareholder value through franchising.

"We are just getting started," said Sean Black.

About Rosie's Burgers
Deliciously handcrafted smashed burgers, golden fries, and classic milkshakes. Rosie's is your neighbourhood burger shop serving up nostalgic flavours you know, love, and crave. From our Smashburger's and French fries to strawberry shakes and onion rings-we're all about keeping things simple and perfecting tradition. Because the classics were made classic for a reason, right?

Franchising
For franchising inquiries, please see www.happybellyfg.com/franchise-with-us/ or contact us at hello@happybellyfg.com.

About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands across Canada.

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Happy Belly 3

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Sean Black
Co-founder, Chief Executive Officer

Shawn Moniz
Co-founder, Chief Operating Officer

FOR FURTHER INFORMATION, PLEASE VISIT:
www: www.happybellyfg.com or email: hello@happybellyfg.com
If you wish to contact us, please call: 1-877-589-8805

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276242

FAQ

When did Happy Belly (HBFGF) open Rosie's Burgers in Halifax?

The Halifax Rosie's Burgers opened on November 29, 2025.

What is the address of the new Rosie's Burgers Halifax location?

The restaurant is at 5246 Blowers Street at the corner of Blowers and Grafton.

How many Rosie's Burgers locations does Happy Belly have in Canada after Halifax?

The Halifax opening is Rosie's 10th location in Canada.

How many Rosie's locations are secured under development agreements?

Happy Belly cited 115 Rosie's locations secured under multi-unit and area development agreements.

How many franchise locations does Happy Belly report across its portfolio?

The company reports 626 contractually committed retail franchise locations in development, construction, or operation.

Who operates the new Halifax Rosie's Burgers franchise?

The Halifax restaurant is owned and operated by an experienced multi-unit franchisee with restaurant and hospitality experience.