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Plantify Foods Announces Change in Directors



Plantify Foods, Inc.

Vancouver, British Columbia - TheNewswire - July 14, 2023 - Plantify Foods, Inc. (TSXV:PTFY) ("Plantify Foods" or the "Company") reports the appointment of Mr. Israel Berenstein as Save Foods, Inc.’s (NASDAQ:SVFD) nominee to Plantify’s board of directors.

Mr. Berenstein has served as a director of Save Foods, Inc. since August 2020 and as a director of Upsellon Brands Holdings Ltd. (TASE:UPSL) since May 2019. He recently became an independent lawyer and has been working out of a self-owned law firm. Previously he worked at Ben Yakov, Shvimer, Dolv – Law Office from 2020-2022. Formerly, Mr. Berenstein served in the legal department of Sonol Israel Ltd. from April 2010 to December 2020. Prior to this, Mr. Berenstein worked as a commercial lawyer and litigator for a leading Israeli law firm from July 2000 to April 2010. Mr. Berenstein earned an LL.B. and an M.A. in political science from Bar Ilan University in Israel and was admitted to the Israel Bar Association in 2000.

"We are excited to welcome Mr. Berenstein as a seasoned advisor and board member,” said Dr. Roy Borochov. “We firmly believe that Plantify Foods will greatly benefit from his expertise."

Furthermore, the Company also reports that Mrs. Nousheen Huq has resigned as a director and is looking to fill this vacancy.  Dr. Borochov commented, “We extend our gratitude to Mrs. Huq for her time and dedication as a director at Plantify Foods, acknowledging her contributions to the Company's growth and success.”

Plantify Foods and Save Foods completed a securities exchange in April 2023 whereby each acquired 19.99% of the issued and outstanding capital stock of the other party immediately prior to the closing on a non-diluted basis. See Plantify Foods’ news release from April 5, 2023, for further information.

About Plantify Foods, Inc.
Plantify Foods, Inc., through its wholly owned Israeli subsidiary, is active in the food tech sector, focused on the development and production of clean-label plant-based products. Plantify’s unique technology allows for the production of plant-based meat alternatives, dips, and snacks, with natural ingredients familiar to consumers that are free of preservatives, free of common food allergens, are GMO-free and enjoy the same or longer shelf life than most preservative-containing products of the same category. Plantify is also engaged in developing functional foods with health benefits supported by independent testing that it anticipates will enable it to make health claims under US Food and Drug Administration and Canadian Food Inspection Agency regulations. Plantify currently sells its products in Israel, Europe and North America.

If you have any questions or need more information, feel free to reach out to us at ir@plantifyfoods.com.

Contacts

Gabriel Kabazo
Chief Financial Officer and Corporate Secretary
Phone:
(778) 601-8420
Email: ir@plantifyfoods.com

Caroline Sawamoto
Investor Relations
Email:
ir@plantifyfoods.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.