Pangea Natural Foods to Acquire Amino Innovations in Strategic Expansion

Pangea Natural Food, Inc. ( (TSE:PNGA) ) has issued an announcement.

Pangea Natural Foods Inc. has announced a non-binding letter of intent to acquire Amino Innovations Corp, a company specializing in innovative peptide therapies for health and wellness. The proposed transaction involves a share exchange whereby Pangea will issue 12,000,000 common shares to acquire all of Amino’s shares, resulting in Amino shareholders owning approximately 45.5% of Pangea. This acquisition aligns with Pangea’s strategy to expand its product portfolio into the growing sector of peptide-based health solutions, potentially enhancing its market position and offering significant opportunities for stakeholders.

More about Pangea Natural Food, Inc.

Pangea Natural Foods Inc. is a company engaged in the manufacturing and co-packing of health food products and supplements. The company focuses on providing nutritious and functional food items, catering to the growing demand for health-conscious consumer products.

YTD Price Performance: 33.33%

Average Trading Volume: 54,769

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$1.58M

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