Plantify Foods Inc (TSE:PTFY) has released an update.
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Plantify Foods Inc., a company specializing in Clean Label food products, has announced a private placement to raise CAD$500,000 through the sale of 50 million common shares. The capital raised will support general corporate expenses and the company’s strategic goal to list on the Nasdaq Stock Market. Completion of this financial move is anticipated by mid-April, pending regulatory approval.
For further insights into TSE:PTFY stock, check out TipRanks’ Stock Analysis page.