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Plantify Foods Reports Proposed Extension of Convertible Debentures
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Vancouver, British Columbia – TheNewswire – August 22, 2025 – Plantify Foods, Inc. (TSXV: PTFY) ("Plantify" or the "Company") reports that it intends to amend its convertible debentures issued on July 29, 2022, amended on August 23, 2023 and further amended on August 19, 2024, in the aggregate principal sum of $240,000 (the “Debentures”).
Subject to receipt of TSX Venture Exchange acceptance, the Debentures will be further amended to extend their maturity date from August 29, 2025 to August 29, 2026.
The Debentures are convertible into units of the Company (“Units”) at a price of $10 per Unit. Each Unit will continue to consist of one common share of the Company (“Shares”) and one Share purchase warrant of the Company (“Warrants”). Each Warrant will be exercisable at a price of $10 per Share for a period of 24 months from the date of conversion of the Debenture.
If you have any questions or need more information, feel free to contact the Company directly.
Contacts:
Gabriel Kabazo
Chief Financial Officer and Corporate Secretary
Phone: (778) 601-8420
Investor Relations
Email: ir@plantifyfoods.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.