Planet Based Foods Announces Closing of First Tranche of Private Placement

August 4, 2023

VANCOUVER, BC, Aug. 4, 2023 /PRNewswire/ – Planet Based Foods Global Inc. (CSE: PBF) (OTCQB: PBFFF) (FRA: AZ0) (“PBFG,” “Planet Based Foods” or the “Company“), a Company that offers a wide range of hemp-based food alternatives, is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 274 convertible debenture units (the “Units“) at a price of $1,000 per Unit for gross aggregate proceeds of up to CAD $274,000 (the “First Tranche Closing“).  The Company anticipates completing a second tranche of the Private Placement within approximately two weeks.

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