Plantify Announces Private Placement

Executive Summary

• Plantify Foods announces a non‑brokered private placement of up to 20 million units at CAD 0.09 per unit, targeting gross proceeds of up to CAD 1.8 million.
• Each unit consists of one common share and one warrant allowing purchase of an additional share at CAD 0.12 for 36 months.
• The offering is subject to TSX Venture Exchange acceptance; finder’s fees may apply.

Key Details

• Units Offered: Up to 20,000,000 units.
• Unit Price: CAD 0.09 per unit.
• Gross Proceeds Target: Up to CAD 1,800,000.
• Composition of Each Unit:
• 1 common share of Plantify Foods.
• 1 warrant to purchase one additional share at an exercise price of CAD 0.12, exercisable for 36 months from issuance.
• Closing Conditions: Subject to acceptance by the TSX Venture Exchange.
• Finder’s Fees: May be payable on certain subscriptions under the offering.
• Contact: Gabriel Kabazo, Chief Financial Officer and Corporate Secretary (Phone: (604) 833‑6820; Email: [email protected]).

Notable Quotes

(No executive quotes were provided in the release.)