Modern Plant Based Foods Inc. (CNSX:MEAT) has signed a letter of intent to acquire 1396974 BC Ltd for $1.6 million on March 6, 2023. Modern Plant Based Foods Inc. will acquire all of the issued and outstanding securities in the capital of Northern Pacific Kaviar in exchange for issuing: (i) an aggregate of 4 million common shares at a deemed price of 18 cents per share; and (ii) an aggregate of 4 million share purchase warrants at a deemed price of 18 cents per warrant, with each warrant exercisable to acquire one common share at an exercise price of five cents per share for a period of two years from the closing date of the acquisition agreement. Completion of the deal is subject to various conditions, including the completion of definitive documentation, approval of the Canadian Securities Exchange, and other customary conditions.