16:26:46 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Plantify Foods Inc
Symbol PTFY
Shares Issued 373,236,746
Close 2024-03-27 C$ 0.01
Market Cap C$ 3,732,367
Recent Sedar Documents

Plantify Foods arranges $500,000 private placement

2024-03-27 13:14 ET - News Release

Mr. Gabriel Kabazo reports

PLANTIFY FOODS ANNOUNCES $500,000 PRIVATE PLACEMENT

Plantify Foods Inc. has arranged a non-brokered private placement offering of up to 50 million common shares of the company at a price of one cent per common share for gross proceeds of up to $500,000.

The net proceeds from the offering will be used for general working capital and toward the fees and costs associated with the company's planned listing on Nasdaq Stock Market LLC. Investors are cautioned that a listing application has not yet been submitted and there is no assurance that, once submitted, the application will be accepted. Finders' fees may be payable in respect of some subscriptions.

The closing of the offering is expected to occur in mid-April and is subject to the approval of the TSX Venture Exchange. All securities issued under the offering will be subject to a four-month hold period.

About Plantify Foods Inc.

Plantify Foods is committed to providing consumers with nutritious, clean-label food options while pioneering innovation in the food and beverage industry. The company has a simple mission: to ensure that everyone has access to high-quality food alternatives that are clean and healthy, are nutritious and tasty, use whole natural ingredients, and are easy to prepare.

Plantify Foods, through its wholly owned Israeli subsidiary, currently sells its diverse range of products in Israel and is actively expanding its footprint across Europe and North America. With its new manufacturing facility, the company can increase production and continue to create new clean-label food products to meet the growing demand of health-conscious consumers from all walks of life.

We seek Safe Harbor.

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