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InvestorNewsBreaks – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXD) Finalizes Acquisition of IP, Assets and Online Domain
October 17, 2022

InvestorNewsBreaks – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXD) Finalizes Acquisition of IP, Assets and Online Domain

PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXD), the digital face of the plant-based community operating a one-stop shop for plant-based products, has completed the acquisition of the online domain www.VeganEssentials.com, along with associated intellectual property and assets from Veji Holdings Ltd. and its wholly owned subsidiary, Veg Essentials LLC. The acquisition was finalized for C$893,000, which included a cash payment of C$143,000 and the issuance of 1,071,428 common shares at an issue price of C$0.70 per share. In addition, the announcement noted that PlantX Life paid a finder’s fee of 102,857 common shares, also at an issue price of C$0.70, to an arm’s length finder. In accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange, the shares are subject to a four-month hold period.

To view the full press release, visit https://ibn.fm/uQ5AI

About PlantX Life Inc.

PlantX is committed to being the digital face of the plant-based community as well as the one-stop shop for everything plant based. With its fast-growing category verticals, the company offers customers across North America more than 5,000 plant-based products. In addition to providing delivery service for meals and indoor plants, the company currently has plans underway to expand its product lines to include a juice and coffee company. PLTXF uses its digital platform to build a community of like-minded consumers and, most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. Its successful enterprise is being built and fortified on partnerships with the top nutritionists, chefs and brands. The company’s digital presence works to eliminate the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life. For more information about this company, please visit www.PlantX.com and www.PlantX.ca.

NOTE TO INVESTORS: The latest news and updates relating to PLTXD are available in the company’s newsroom at https://ibn.fm/PLTXF

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