Plantify Foods expects to resume trading

Executive Summary

• Plantify Foods Inc. announces the resumption of trading for its common shares on the TSX Venture Exchange as of October 31, 2025.
• The company disclosed a working capital deficiency of approximately $850,000 and plans to undertake one or more financings to address this shortfall, though no assurance is provided that such financing will be available or acceptable.
• The company currently fails to meet TSX-V asset and operations criteria due to lacking an active business; management intends to evaluate opportunities to satisfy Continuing Listing Requirements (CLR), with a potential transfer to the NEX market if no opportunity is secured within approximately 90 days.

Key Details

• Trading Status: Resumption of trading on the TSX Venture Exchange effective October 31, 2025.
• Financial Position: Working capital deficiency of approximately $850,000 as of October 31, 2025.
• Financing Plans: Management intends to undertake one or more financings to address the working capital deficiency, with no assurance of availability or acceptable terms.
• Listing Compliance: The company does not currently meet TSX-V asset and operations criteria because it does not currently have a business.
• Future Outlook: Management intends to evaluate potential business opportunities to satisfy CLR requirements. If no business opportunity is secured within approximately 90 days, shares may be transferred to the NEX market.
• Debenture Status: Further to a news release dated August 22, 2025, the company was unable to obtain TSX-V acceptance for the extension of the conversion feature of debentures totaling $240,000 due to a prior trading halt. Consequently, these debentures are no longer convertible into common shares.