Vancouver, British Columbia, Canada – April 8, 2025 – TheNewswire - bettermoo(d) Food Corporation (CSE: MOOO), (OTCQB: MOOOF), (Frankfurt: 0I5A, WKN: A3D8PP) (the “Company” or “bettermoo(d)”), is pleased to announce that it intends to conduct a non-brokered private placement (the “Private Placement”) offering of up to 1,818,182 units (the “Units”), at a price of $0.22 per Unit, for gross proceeds of up to $400,000. Each Unit will consist of one (1) common share of the Issuer and one (1) common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable at $0.30 per share for a period of five (5) years from issuance.

The Company intends to utilize the proceeds of the Private Placement to support its existing operations and for general working capital purposes.

The Company also intends to issue Shares equal to 1.0% of the total of Shares issued in the Private Placement (the “Admin Fee Shares”) to an arm’s-length third party, as an administrative fee for their assistance with the Private Placement.  

Closing of the Private Placement is anticipated to occur on or about April 16, 2025, subject to regulatory approvals. Pursuant to applicable securities laws, all securities issued under the Private Placement will be subject to a statutory hold period of four months and one day from issuance.

 

ABOUT BETTERMOO(D) FOOD CORPORATION

bettermoo(d) Food Corporation is an innovative plant-based dairy alternative food and beverage company based in Vancouver, British Columbia Canada, launching Moodrink™, a nutritious bettermoo(d) Food Corporation is an innovative plant-based dairy alternative food and beverage company based in Vancouver, British Columbia Canada, launching Moodrink™, a nutritious dairy alternative beverage with a revolutionary flavour. Moodrink™ includes a blend of herbs and flowers similar to what cows ate, before the time of mass livestock production. Like rich dairy products, Moodrink™ contains added healthy plant fats and vitamins, so consumers don’t miss out. The “Moodrink” is just the beginning of the revolution for the Vancouver based dairy-alternative company, bettermoo(d).

Driven by the motto “What A Cow Eats and A Human Needs” bettermoo(d) seeks to produce dairy alternative products that are good for both people and the planet – ensuring that all products are nutritious and sustainably sourced, and that also emulate the great taste of traditional milk from the Alps regions of Switzerland, France and Austria. Working with food scientists, the Company’s goal is to conduct continuous food research and development programs with the aim of rolling out a full line of dairy alternative products, including Moogurt and Buetter, as well as many other products, that are better for YOU and better for the planet.

 

ON BEHALF OF THE BOARD of DIRECTORS

Nima Bahrami

Chief Executive Officer and Director

bettermoo(d) Food Corporation

 

For further information please contact:

Email: investors@bettermoodfoodcorporation.com

Website: www.bettermoo.com

Phone: 1-855-715-1865

 

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information and Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation, including with respect to information concerning the Private Placement, the Company’s ability to complete the Private Placement and the intended use of any proceeds therefrom. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward looking statements. Such factors include, but are not limited to general business, economic, competitive, political, and social uncertainties, and uncertain capital markets. Readers are cautioned that actual results and future events could differ materially from those anticipated in such statements. Specifically, the Company may not be able to complete the Private Placement on the terms contemplated or at all, and may not use any proceeds therefrom as currently contemplated. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.