{"id":"TBU-ANSWER-00000011","questionId":"TQ-001","questionSlug":"who-owns","entityTuid":"TB-DFXGJ6XN","entitySlug":"big-rock-brewery","entityType":"brewery","entityTallyId":"TBU-BREWERY-0000003","question":"Who owns this brewery?","canonicalAnswer":"Publicly held; no single controlling parent identified","directOwner":null,"ultimateParent":null,"answerStatus":"YES","verification":"VERIFIED","answerType":"OWNERSHIP","effectiveFrom":null,"effectiveTo":null,"lastVerified":"2026-09-06","evidenceStrength":"B","howTallyKnows":"Big Rock Brewery Inc. is a listed Canadian issuer trading under the symbol BR, and its own investor materials name no parent or controlling shareholder. VN Capital Fund I, LP is described as the principal shareholder and filed an early warning report in 2016 covering 20.23% of the common shares — a significant minority, not control. Tally does not convert a large shareholding into an owner.","principalShareholder":"VN Capital Fund I, LP","publicCitations":[{"sourceId":"ca78-src-ca-0018","title":"Big Rock Brewery — investor and corporate information","publisher":"Big Rock Brewery Inc.","url":"https://bigrockbeer.com/investors/investors-corporate/","sourceType":"company-disclosure","publicationDate":null,"accessedDate":"2026-09-06","whatItProves":"Listed issuer status; no parent or controlling shareholder disclosed","public":true},{"sourceId":"src-answers-pass01-0006","title":"VN Capital Management, LLC announces acquisition of shares of Big Rock Brewery Inc.","publisher":"Newswire / early warning report filed on SEDAR","url":"https://www.newswire.ca/news-releases/vn-capital-management-llc-announces-acquisition-of-shares-of-big-rock-brewery-inc-602317925.html","sourceType":"securities-disclosure","publicationDate":"2016-11","accessedDate":"2026-09-06","whatItProves":"VN Capital held 20.23% of common shares as of the report date","public":true}],"timeline":[],"researchGaps":[{"gapType":"CURRENT_SHAREHOLDING","description":"VN Capital's current percentage after the January 2025 private placement and debt settlement has not been established; the release named participating shareholders but disclosed no percentages. A current management information circular would settle it.","status":"OPEN"}],"uncertaintyNote":"No control person is disclosed. If a current filing shows a shareholder above the control threshold, this answer changes.","relatedAnswerIds":["TBU-ANSWER-00000012"],"revision":1,"previousRevisionId":null,"createdAt":"2026-09-06T00:00:00Z","updatedAt":"2026-09-06T00:00:00Z","claims":[{"claimId":"TBU-CLAIM-00000012","subject":{"id":"TBU-BREWERY-0000003","tuid":"TB-DFXGJ6XN","type":"brewery"},"predicate":"OPERATED_BY","object":{"id":"TBU-COMPANY-0000004","name":"Big Rock Brewery Inc.","type":"company"},"validFrom":null,"validTo":null,"verification":"VERIFIED","evidenceStrength":"B","sourceIds":["ca78-src-ca-0018"]},{"claimId":"TBU-CLAIM-00000013","subject":{"id":"TBU-COMPANY-0000004","name":"Big Rock Brewery Inc.","type":"company"},"predicate":"HAS_SIGNIFICANT_SHAREHOLDER","object":{"id":"TBU-COMPANY-0000005","name":"VN Capital Fund I, LP","type":"company"},"validFrom":"2016","validTo":null,"verification":"VERIFIED","evidenceStrength":"B","sourceIds":["src-answers-pass01-0006"],"note":"20.23% at the date of the early warning report. A minority holding is not control."}],"hasInternalEvidence":false,"indexing":{"index":true,"reason":"YES + VERIFIED"},"canonicalRoute":"/answers/who-owns/big-rock-brewery","apiRoute":"/api/answers/who-owns/big-rock-brewery"}