An unknown buyer acquired Rights and Recipes for Modern breakfast Sausage of Modern Plant Based Foods Inc. (CNSX:MEAT) for CAD 1 million on June 8, 2022. Modern Plant Based Foods Inc. announces it will be arranging a non-brokered private placement offering of up to 2,040,816 units at a price of $0.49 per unit for gross proceeds of up to $1,000,000. $0.5 million of the proceeds raised from this offering will be used by the Company for marketing and the remainder will be used for general working capital purposes, further acquisitions, and developing the Company.

An unknown buyer completed the acquisition of Rights and Recipes for Modern breakfast Sausage of Modern Plant Based Foods Inc. (CNSX:MEAT) on June 8, 2022.