(TheNewswire)
MISSISSAUGA, ONTARIO – TheNewswiwre - August 27, 2021 - 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 anaggregate of 1,031,428 common shares (the “ Shares ”) of theCompany at a deemed price of $ 0.245 per Share for past servicesprovided 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 subjectto a mandatory four month hold period from the date ofissuance.
About PlantFuel Life Inc.
PlantFuel Life Inc is a scientifically focusedplant-based wellness company managed by a group of successfulentrepreneurs who have extensive experience in the areas ofconsumer-packaged goods, manufacturing, logistics, and distribution.FUEL is a CPG life science company focused on the plant-based foodsand supplements industry. https://plantfuel.com/
Media Contact: ir@plantfuel.com
The Canadian Securities Exchange (“ CSE ”) has neitherapproved nor disapproved the contents of this news release. Neitherthe CSE nor its Market Regulator (as that term is defined in thepolicies of the CSE) accepts responsibility for the adequacy oraccuracy of this release.
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