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Plantify Foods Issues Shares to CEO to Satisfy Quarterly Consulting Entitlement
October 8, 2026 — Leads & Copy — Plantify Foods, Inc. has issued 171,428 common shares to its CEO, Moshe Revach, fulfilling a quarterly payment obligation. This issuance is in accordance with a consulting agreement dated November 7, 2025, and follows a prior company announcement on June 17, 2026.
The shares were issued at a deemed price of $0.0875 per common share. This action satisfies Mr. Revach's entitlement of $15,000, payable in common shares, for the period spanning July 1, 2026, to September 30, 2026.
The specific number of common shares issued to Mr. Revach was calculated by dividing the $15,000 quarterly entitlement by the 90-day volume-weighted average trading price of the company’s common shares on the TSX Venture Exchange (TSXV). This average was determined over the 90 trading days immediately preceding October 2, 2026.
All securities issued under the agreement will be subject to a statutory hold period. This period will last for four months plus one day from the date of issuance, in compliance with TSXV policies and Canadian securities regulations.
Plantify Foods, Inc. is a company involved in the food and beverage sector, with its shares traded on the TSXV.
Source: Plantify Foods, Inc.