Newswire : Pontus Protein Virtually Opens the Market

TORONTO, Feb. 10, 2021 /CNW/ – Connor Yuen, Chief Executive Officer, Pontus Protein Ltd. (“Pontus” or the “Company”) (TSXV: HULK) and his team joined Arne Gulstene, Head, Company Services, TMX Group, to celebrate the Company’s new listing on TSX Venture Exchange and open the market.

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iGrow News : Aquaponics firm eyes a green future

After a year of research and development on Vancouver Island, and a crowdfunding campaign that reached $750,000, a new agri-tech company is preparing to significantly expand its footprint and hit the market with a plant protein.

Pontus Water Lentils, which has been doing research and development at a test farm run by Victoria’s Garden City Aquaponics, has developed an aquaponics system — a hybrid of aquaculture and hydroponics — to produce water lentils. It says those lentils pack an unrivalled protein punch.

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Times Colonist : Aquaponics firm eyes a green future, with lentils in starring role

After a year of research and development on Vancouver Island, and a crowdfunding campaign that reached $750,000, a new agri-tech company is preparing to significantly expand its footprint and hit the market with a plant protein.

Pontus Water Lentils, which has been doing research and development at a test farm run by Victoria’s Garden City Aquaponics, has developed an aquaponics system — a hybrid of aquaculture and hydroponics — to produce water lentils. It says those lentils pack an unrivalled protein punch.

Read the full news article here.

AmWolf Capital and Pontus Water Lentils Enter into Letter of Intent for Qualifying Transaction

VANCOUVER, Nov. 21, 2019 /CNW/ – AmWolf Capital Corp. (“AmWolf” or the “Company“) (TSXV: AMW.P) a capital pool company (“CPC“) as defined under Policy 2.4 – Capital Pool Companies (“Policy 2.4“) of the TSX Venture Exchange (the “Exchange“), is pleased to announce it has entered into a letter of intent dated November 15, 2019 (the “LOI“) with Pontus Water Lentils Ltd. (“Pontus“), a private company incorporated under the Canada Business Corporations Act, pursuant to which AmWolf and Pontus (each, a “Party” and together, the “Parties“) have agreed to complete a plan of arrangement, amalgamation, or other statutory procedure (the “Transaction“) whereby AmWolf will acquire all of the issued and outstanding common shares of Pontus (collectively, the “Pontus Shares“). The precise terms of the Transaction, including the structure of the Transaction, will be incorporated into a definitive transaction agreement (the “Definitive Agreement“) to be negotiated between the Company and Pontus. In connection with the Transaction, Pontus intends to complete a non-brokered private placement to raise minimum gross proceeds of $2,000,000 (the “Private Placement“).

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