PlantFuel Announces Non-Brokered Private Placement
PlantFuel Announces Non-Brokered Private Placement
Brad Pyatt, founder of PlantFuel, said "Our management team is excited to secure this strategic equity financing to drive our business forward as we prepare for continued sales growth in 2022."MISSISSAUGA, ON – TheNewswire - November 1, 2021 – PlantFuel Life Inc. (CSE:FUEL) (CSE:FUEL) (OTC:PLFLF) (FSE:BR1B) ("PlantFuel" or the "Company") announces that it intends to complete a non-brokered private placement (the "Private Placement") of up to 6,000,000 units (the "Units") at a price of $0.26 per Unit for gross proceeds of $1,560,000.
密西索加，上-新闻通讯社-2021年11月1日-PlantFuel Life Inc.(CSE：燃料)(CSE：燃料)(场外交易代码：PLFLF)(证券交易所代码：BR1B)(“PlantFuel”或“公司”)宣布有意完成一项非经纪私募(“私募配售“)最多6,000,000个单位(”单位“)，毛利为1,560,000元，每单位售价0.26元。
Each Unit will be comprised of one common share (each a "Share") and one-half of one common share purchase warrant (each a "Warrant") with each whole Warrant entitling the holder to purchase one additional Share of the Company at a price of $0.40 per Share for a period of 24 months from the date of issuance.
每个单位将由一股普通股(每股为“股”)和一份普通股认购权证的一半(每股为“股”)组成。搜查令“)每份完整认股权证使持有人有权在发行日期起计24个月内，按每股0.40美元的价格购入额外一股本公司股份。
The Shares and Warrants issued will be subject to a four month hold period pursuant to securities laws in Canada.
根据加拿大的证券法，已发行的股票和认股权证将有四个月的持有期。
Brad Pyatt, founder of PlantFuel, said "Our management team is excited to secure this strategic equity financing to drive our business forward as we prepare for continued sales growth in 2022."
PlantFuel创始人布拉德·派亚特(Brad Pyatt)表示：“我们的管理团队很高兴能获得这笔战略股权融资，以推动我们的业务向前发展，因为我们正在为2022年的持续销售增长做准备。”
The Company intends to use the proceeds from the Private Placement to support inventory purchases, marketing and for general working capital.
该公司打算将定向增发所得资金用于支持库存购买、营销和一般营运资金。
About PlantFuel Life Inc.
PlantFuel Life Inc.简介
PlantFuel Life Inc is a scientifically focused plant-based wellness company managed by a group of successful entrepreneurs who have extensive experience in the areas of consumer-packaged goods, manufacturing, logistics, and distribution. FUEL is a CPG life science company focused on the plant-based foods and supplements industry. https://plantfuel.com/
PlantFuel Life Inc是一家专注于科学的植物性健康公司，由一群在消费品包装、制造、物流和分销领域拥有丰富经验的成功企业家管理。Fuel是一家CPG生命科学公司，专注于植物性食品和补充剂行业。Https://plantfuel.com/
The Canadian Securities Exchange ("CSE") has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
加拿大证券交易所(“CSE”)既没有批准也没有反对本新闻稿的内容。CSE及其市场监管机构(该术语在CSE的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
本新闻稿不构成出售或邀请购买美国任何证券的要约。这些证券没有也不会根据修订后的1933年“美国证券法”(“美国证券法”)或任何州证券法进行注册，除非根据美国证券法和适用的州证券法注册或获得此类注册豁免，否则不得在美国境内或向美国个人提供或销售这些证券。
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