Plantify Foods Reports Proposed Extension of Convertible Debentures

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[{"type":"text","content":"Plantify Foods Reports Proposed Extension of Convertible Debentures\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, British Columbia –\nTheNewswire – August 22, 2025 –\n \n\n Plantify\nFoods, Inc.\n \n\n (TSXV:\nPTFY)\n \n\n (\"\n \n\n Plantify\n \n\n \" or the\n\"\n \n\n Company\n \n\n \") reports that it intends to amend its convertible\ndebentures issued on July 29, 2022, amended on August 23, 2023 and\nfurther amended on August 19, 2024, in the aggregate principal sum of\n$240,000 (the “\n \n\n Debentures\n \n\n ”).\n \n\n\n\n Subject to receipt of TSX Venture Exchange acceptance,\nthe Debentures will be further amended to extend their maturity date\nfrom August 29, 2025 to August 29, 2026.\n \n\n\n\n The Debentures are convertible into units of the\nCompany (“\n \n\n Units\n \n\n ”) at a price of $10 per Unit. Each Unit will continue to\nconsist of one common share of the Company (“\n \n\n Shares\n \n\n ”) and one\nShare purchase warrant of the Company (“\n \n\n Warrants\n \n\n ”). Each\nWarrant will be exercisable at a price of $10 per Share for a period\nof 24 months from the date of conversion of the Debenture.\n \n\n\n\n If you have any questions or need more information,\nfeel free to contact the Company directly.\n \n\n\n\n Contacts:\n \n\n\n\n Gabriel Kabazo\n \n\n\n\n Chief Financial Officer and Corporate Secretary\n \n\n\n\n Phone:\n \n\n (778) 601-8420\n \n\n\n\n Investor Relations\n \n\n\n\n Email:\n \n\n\n\n [email protected]\n \n\n\n\n\n\n Neither the TSX\nVenture Exchange nor its Regulation Services Provider (as that term is\ndefined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n \n\n\n Copyright (c) 2025 TheNewswire - All rights reserved.\n \n\n\n","length":4923,"tagName":"div"}]

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