Plantify Foods Concludes $1.764 Million Private Placement
Vancouver, British Columbia — February 18, 2026 — Leads & Copy — Plantify Foods, Inc. has completed a non-brokered private placement, raising gross proceeds of $1,764,000.
The funding was generated from the issuance of 19,600,000 units at a price of $0.09 per unit. Each unit consists of one common share of the company and one share purchase warrant. Each warrant allows the holder to purchase one share for 36 months from the issue date at an exercise price of $0.12 per share.
The company intends to use the proceeds to cover the costs of the private placement, repay debts to creditors who were not subscribers in the private placement, establish a reserve for due diligence and other costs related to the possible acquisition of a new business, and provide for an estimated 12 months of overhead expenses.
The private placement is still subject to final acceptance by the TSX Venture Exchange.
Plantify Foods will pay a finder’s fee of 2,450,000 shares and $145,530 in cash to Amir Uziel Economic Consultant Ltd., pending TSXV acceptance. All securities issued in connection with the private placement are subject to a four-month hold period.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Source: Plantify Foods
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