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Boosh Plant-Based Brands Inc
Symbol VEGI
Shares Issued 114,247,205
Close 2023-09-18 C$ 0.015
Market Cap C$ 1,713,708
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Boosh Plant-Based has no material changes

2023-09-18 19:01 ET - News Release

Subject: Press Release/News Attached for Distribution on Stockwatch.com Word Document File: '\\swfile\EmailIn\20230918 155452 Attachment 09-18-2023-Boosh-PR-MCTO-Default.docx' Sept 18, 2023 CSE: VEGI OTCQB: VGGIF Frankfurt: 77i Boosh Provides Bi-Weekly Default Status Report Vancouver, BC, September 18, 2023 - Boosh Plant-Based Brands Inc. ("Boosh" or the "Company") (CSE: VEGI; OTCQB: VGGIF: Frankfurt: 77i) is providing this default status report in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203") and the terms of a Management Cease Trade Order ("MCTO") entered by the British Columbia Securities Commission (the "BCSC") on August 1, 2023. The MCTO was entered against the Company's Chief Executive Officer and its Chief Financial Officer because the Company failed to file its annual financial statements, management's discussion and analysis and the required certifications (the "Annual Filings") on or before March 31, 2023 as required by National Instrument 51-102, Continuous Disclosure Obligations, and National Instrument 52-109, Certification of Disclosure in Issuer's Annual and Interim Filings, respectively. Pursuant to NP 12-203, the Company must file bi-weekly default status reports in the form of news releases until the MCTO is revoked. Accordingly, the Company confirms that since the Default Announcement: There have been no changes to the information contained in the Company's August 1, 2023 press release announcing the default (the "Default Announcement") that would reasonably be expected to be material to an investor; There have been no failures by the Company to fulfill its stated intentions with respect to satisfying the provisions of the alternative information reporting guidelines under NP 12-203; There has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the Default Announcement; and There have been no material changes in respect of the Company's affairs that have not been generally disclosed. During the MCTO, the general investing public will continue to be able to trade in the Company's common shares listed on the Canadian Securities Exchange. However, the Company's Chief Executive Officer and Chief Financial Officer will not be able to trade in the Company's shares until the Annual Filings have been filed and the Executive Director of the BCSC revokes the MCTO. The Company expects to file the Annual Filings on or before September 30, 2023. Connie Marples Founder/CEO hello@booshfood.com www.Booshfood.com About Boosh Plant-Based Brands Inc.: Boosh Plant-Based Brands Inc., through its wholly owned subsidiary, Boosh Food (www.booshfood.com) offers high quality, non-GMO, gluten free, 100% plant-based nutritional comfort foods for the whole family. Through a separate subsidiary, Beautiful Beanfields, (www.beanfields.com) the Company owns Beanfields, a plant-based chip brand sold in over 7,000 stores throughout North America. Boosh, good for you and good for planet earth. The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Forward-looking statements in this news release include, but are not limited to, the Company's expectations concerning the size of the Financing, its ability to close the Financing in whole or in part or at all and its plan for the proceeds of the Financing. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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