PlantFuel Life Inc. (CSE: FUEL) (OTC:BLLXF) (FSE:BR1B) (CNSX:FUEL.CN) (the “Company”) announces that, pursuant to memorandums of understanding (the “MOUs”) entered into with certain consultants (the “Consultants”), it proposes to issue an aggregate of 1,031,428 common shares (the “Shares”) of the Company at a deemed price of $0.245 per Share for past services provided by the Consultants to settle fees of USD$200,000 (CAD$252,700) owing to the Consultants.
All Shares issued pursuant to the MOUs will be subject to a mandatory four month hold period from the date of issuance.
About PlantFuel Life Inc.
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/
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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.
