From GlobeNewswire: 2024-08-02 13:04:06

Blender Bites Limited is conducting a private placement to raise up to $1,200,000 by offering 1,875,000 units at $0.64 per unit, each consisting of one common share and one quarter of a common share purchase warrant. The proceeds will go towards operational expenses, inventory expansion, sales, marketing, and general working capital. The offering is only available to residents of Canada, excluding Québec, and does not have a hold period under Canadian securities laws. Finders’ fees may be paid, and administrative fee shares will be issued to Amalfi Corporate Services Ltd. as part of the deal.

Blender Bites, a Canadian company founded in 2017, is known for its line of premium frozen beverage products focusing on functionality and health. These products are distributed in over 5000 stores across Canada and the US, including major retailers like Walmart Canada, Loblaws, and Walmart USA. The company’s products are organic, non-GMO, gluten-free, dairy-free, and soy-free, with added functional ingredients like whole food vitamins, collagen, and probiotics. For more information, contact Blender IR Team at [email protected] or through telephone at 1-888-997-2055.



Read more at GlobeNewswire: Blender Bites Announces Private Placement