15:09:47 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Plantify Foods Inc
Symbol PTFY
Shares Issued 369,425,454
Close 2024-02-09 C$ 0.01
Market Cap C$ 3,694,255
Recent Sedar Documents

Plantify says Save Foods to distribute Plantify stock

2024-02-12 11:00 ET - News Release

An anonymous director reports

SAVE FOODS' BOARD OF DIRECTORS DECIDE TO DISTRIBUTE PLANTIFY HOLDINGS TO STOCKHOLDERS LATER IN 2024

Save Foods Inc.'s board of directors has agreed to authorize the company's officers to begin preparing a distribution plan of Save Foods' holdings in Plantify Foods Inc., which the company believes will launch later in 2024.

As of the current date, Save Foods currently holds 85,008,698 common shares of Plantify, representing 23.1 per cent of the total number of issued and outstanding common shares of Plantify.

The contemplated distribution remains subject to obtaining the requisite legal opinion and regulatory approvals, if and as needed.

About Plantify Foods Inc.

Plantify Foods, listed on the TSX Venture Exchange, offers a wide range of clean-label healthy food options that are nutritious, gluten free, non-allergenic, use whole natural ingredients and are easy to prepare.

About Save Foods Inc.

Save Foods is an innovative agri-food tech company that through its three operational arms delivers integrated solutions for improved safety, quality and sustainability every step of the way from field to fork. Save Foods Ltd., Save Foods' majority-owned Israeli subsidiary, focuses on postharvest treatments in fruit and vegetables to control and prevent pathogen contamination, significantly reduce the use of hazardous chemicals, and prolong fresh produce's shelf life. Nitrousink Ltd., Save Foods' majority-owned Israeli subsidiary, contributes to tackling greenhouse gas emissions, offering a pioneering solution to mitigate N2O (nitrous oxide) emissions, a potent greenhouse gas with 265 times the global warming impact of carbon dioxide. Nitrousink Ltd. aims to promote agricultural practices that are both environmentally friendly and economically viable. Plantify Foods, Save Foods' minority-owned Canadian subsidiary listed on the TSX-V, offers a wide range of clean-label healthy food options that are nutritious, gluten free, non-allergenic, use whole natural ingredients and are easy to prepare.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.