Northwire Canada EditionTuesday, August 25, 2026
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Financings

Plantify Announces Private Placement

PTFY · Price

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.)

Read the original news release →

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