Vancouver, B.C. – February 24, 2023: Better Plant Sciences Inc. (CSE: PLNT.X) (FRA: YG3) (OTC Pink: VEGGD) (“Better Plant” or the “Company”) announces that it is actively seeking new business opportunities. After carefully evaluating its operations, the company has decided to shift its focus towards acquiring a new business opportunity or asset that can help create long‐term value for its shareholders.
As part of its search for potential acquisitions, the Company is exploring opportunities in a wide range of industries, with a focus on sustainable and innovative businesses that align with its values and core mission.
“Better Plant is excited about the potential opportunities that lie ahead. We’re committed to finding a new business opportunity that aligns with our values and that has the potential to deliver long-term value for our shareholders,” said CEO and Director, Cole Drezdoff.
The Company plans to provide updates as it evaluates potential opportunities and identifies potential acquisition targets. The company believes that its continued focus on sustainability, innovation, and transparency will allow it to identify and acquire a business opportunity that will deliver significant value to its shareholders and contribute to its long-term success.
Better Plant looks forward to sharing more information about its progress in the coming months.
About Better Plant
Better Plant provides financial accounting, bookkeeping, compliance and other services. It is also reviewing potential new business opportunities and acquisitions.
Cole Drezdoff
President, Chief Executive Officer & Director
+1 (778) 224-7554
Cole@betterplantsciences.com
Investor Relations Contact:
invest@betterplantsciences.com
The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.
Cautionary Statement Regarding Forward-Looking Statements
This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward looking statements. Such risks, uncertainties and factors include, but are not limited to: risks related to the completion of the Transaction; risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19; the potential for not acquiring any rights as a result of the Company’s patent application; risks that any products making use of the intellectual property may be ineffective or the Company may be unsuccessful in commercializing them; that other approvals will be required before commercial exploitation of the intellectual property can happen; demand for the Company’s products; general business, economic, competitive, political and social uncertainties; delay or failure to receive board or regulatory approvals where applicable; and the state of the capital markets.
Better Plant cautions readers not to place undue reliance on forward-looking statements provided by the Company, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Better Plant expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.