Plantify Foods arranges $1.8-million private placement

Mr. Gabriel Kabazo reports PLANTIFY ANNOUNCES PRIVATE PLACEMENT Plantify Foods intends to undertake a non-brokered private placement of up to 20 million units of the company at a price of nine cents per unit for gross proceeds of up to $1.8-million. Each unit will consist of one common share in the capital of the company and one share purchase warrant of the company. Each warrant will entitle the holder to purchase one share for a period of 36 months from the date of issue at an exercise price of 12 cents per share. The closing of the offering is subject to the acceptance of the TSX Venture Exchange. Finders' fees may be payable in respect of certain subscriptions under the offering. We seek Safe Harbor.