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Boosh Plant-Based Brands Inc
Symbol VEGI
Shares Issued 114,247,205
Close 2024-08-02 C$ 0.005
Market Cap C$ 571,236
Recent Sedar Documents

Boosh corrects LOI disclosure; it enters partnership

2024-08-22 19:09 ET - News Release

Mr. Robert Hall reports

REVISED CORPORATE STATEMENT: BOOSH TO MAINTAIN FULL OWNERSHIP OF BEAUTIFUL BEANFIELDS

Boosh Plant-Based Brands Inc. has entered into a non-binding letter of intent to divest the Beautiful Beanfields brand to Simple Yummy Chips. As the terms are negotiated, both companies will continue to work in good faith to maximize the value of the brand.

President and chief executive officer Robert Hall stated: "With the commencement of production of Beautiful Beanfields chips under way, the company is pleased to announce it will maintain full ownership of the brand and trademarks and continue its U.S. partnership with Simple Yummy Chips. I apologize for the confusion created from the previous news release stating the intent to divest the asset as that was in error. That being said, we will be actively re-engaging previous loyal customers and looking forward to adding new Beanfield clients on both sides of the border."

The company will continue working with all of the creditors to resolve outstanding debts.

About Boosh Plant-Based Brands Inc.

Boosh, through its wholly owned subsidiary, Boosh Food, offers high-quality, non-genetically modified organism, gluten-free, 100-per-cent-plant-based nutritional comfort foods for the whole family.

We seek Safe Harbor.

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