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  • Komo Plant-Based Foods (YUM) has closed a non-brokered private placement for gross proceeds of $1,080,252
  • The company issued 7.7 million units priced at $0.14 per unit
  • The company intends to use the net proceeds for operations and expansion across Canada and the United States
  • Komo Plant Based Foods Inc. is a plant-based food company that develops, manufactures, markets and sells a variety of plant-based frozen meals
  • Shares of Komo Plant Based Foods Inc. (YUM) are down 4.35 per cent, trading at C$0.11 per share at 10:45 am EST

Komo Plant-Based Foods (YUM) has closed a non-brokered private placement for gross proceeds of $1,080,252.

The company issued 7.7 million units priced at $0.14 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant titles the holder to purchase one additional share at a price of $0.20 for a period of 24 months.

On February 11, the company completed a private placement for gross proceeds of $981,208.

The company intends to use the net proceeds for operations and expansion across Canada and the United States.

Komo Plant Based Foods Inc. is a plant-based food company that develops, manufactures, markets and sells a variety of plant-based frozen meals. 

Shares of Komo Plant Based Foods Inc. (YUM) are down 4.35 per cent, trading at C$0.11 per share at 10:45 am EST.

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