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Planet Based Foods Secures $1M in Private Placement

Planet Based Foods Secures $1M in Private Placement

Planet Based Foods Global Inc (TSE:PBF) has released an update.

Planet Based Foods Global Inc., a producer of hemp-based food alternatives, has successfully completed a non-brokered private placement, raising CAD $1,000,000 by issuing subordinate voting shares at $0.10 each. The capital raised will bolster the company’s working capital and support corporate activities. Committed to sustainable plant-based products, the company continues to innovate in the vegan food industry with hemp as a cornerstone ingredient.

For further insights into TSE:PBF stock, check out TipRanks’ Stock Analysis page.

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