Pontus Announce Grant of Stock Options

VANCOUVER, BC – March 19, 2021 – Pontus Protein Ltd. (“Pontus” or the “Company”) (TSXV: HULK, FSE: 8YC), is pleased to announce that it has granted stock options (collectively, the “Options”) on March 18, 2021 to a consultant of the Company to purchase of up to 100,000 common shares of the Company (each, a “Share”), pursuant to the Company’s Stock Option Plan. The Options are exercisable at an exercise price of $0.96 per Share for a period of two years from the date of grant. All Options vested immediately on the date of grant.

About Pontus Protein Ltd.

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS™) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95% less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source. Pontus aims to revolutionize the plant based sector as the entire sector is currently based on two main protein sources: soy and pea. Lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims at being the base protein for plant based food products, which will lead this movement that has begun in the world transitioning from meat based to plant based protein.

To learn more, please visit pontuswaterlentils.com.

*https://food-nutrition.canada.ca/cnf-fce/report-rapport.do

On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO
Pontus Protein Ltd.

Contact Information

For more information, please contact:

Connor Yuen
Chief Executive Officer

For further information:

Investor Relations:

Edge Communications Group
[email protected]
(778) 999-4855

For media enquiries or interviews, please contact:

Victoria Bennett
[email protected]
(403) 589-7992

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

Pontus Announces Keynote Address

VANCOUVER, B.C., March 18, 2021. Pontus Protein Ltd. (TSXV: HULK, FSE: 8YC) (“Pontus” or the “Company”) will present a Pontus keynote address on Thursday at 9 a.m. (EST) via YouTube (the “Keynote Address“). The three business leaders of Pontus, Connor Yuen – CEO, Alson Niu – EVP and Steve McArthur – CTO, will present the business of Pontus and discuss the Company’s present and future anticipated plans.

The Keynote Address will cover how Pontus intends to solve the global problem of feeding people safely and healthily. It will also speak to Pontus’ proprietary technology that it believes will reinvent contemporary agriculture. The Keynote Address plans to detail the first production plant Pontus plans to cultivate and grow its Pontus water lentils. Water lentils have over 42% protein, chlorophyll, iron, calcium, potassium and magnesium to make it one of the ultimate superfoods available. Utilizing Pontus’ Closed Environment Vertical Aquaponic System (“CEVAS™“), an artificial intelligence driven system that can be utilized to grow anywhere in the world within a Pontus established facility, Pontus’ water lentils also double in mass every 24 hours. The Keynote Address will introduce a harvesting automation robotic vehicle to work in Pontus’ first planned 30ft. tall facility. The Pontus’ leadership team will explain in-depth about these incredible systems and achievements in detail during the address.

Pontus acknowledges the finite amount of resources and the need for a sustainable way to grow food across our planet. Water will be one of the most sought-after commodities globally over the next 50 to 100 years, and Pontus’ CEVAS™ uses 95% less water than traditional agriculture. Alson Niu will speak to the potential diseases that start from contaminated food sources and the crucial need for biosecurity. Pontus’ biosecurity measures are aimed at reducing or eliminating the cross-contamination or exposure of Pontus’ products from harmful diseases or biological agents. By keeping these alien species out of Pontus’ production facility, the Company aims to reduce the chances of spreading various foodborne diseases.

 To sustain population growth, Pontus will speak to their vertical farming solution and giving power back to the people to grow their food in their own communities in a sustainable way.

The Keynote can be viewed from 9 a.m. (EST) at https://youtu.be/kMCeV7CJWhk and will be available in several languages including German, Chinese and English subtitles. A longer Keynote Address will be made available in two weeks.

About Pontus Protein Ltd.

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS™) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95% less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source. Pontus aims to revolutionize the plant based sector as the entire sector is currently based on two main protein sources: soy and pea. Lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims at being the base protein for plant based food products, which will lead this movement that has begun in the world transitioning from meat based to plant based protein.

To learn more, please visit pontuswaterlentils.com.

*https://food-nutrition.canada.ca/cnf-fce/report-rapport.do

On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO
Pontus Protein Ltd.

Contact Information

For more information, please contact:

Connor Yuen
Chief Executive Officer

For further information:

Investor Relations:

Edge Communications Group
[email protected]
(778) 999-4855

For media enquiries or interviews, please contact:

Victoria Bennett
[email protected]
(403) 589-7992

Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding Pontus’ first production plant and the Company’s future business plans and expectations. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. These risks include, but are not limited to, the following: changes in market demands and consumer trends, the unknown magnitude and duration of the effects of the COVID-19 pandemic and other general business, economic, or market related risks beyond the director control of the Company and which may affect the Company’s business, operations, or products. No assurance can be given that any of the events anticipated by these forward-looking statements will occur or, if they do, what benefits the Company will derive from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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

Pontus Announces Agreement With Leading Distributor

VANCOUVER,  B.C., March 11, 2021. Pontus Protein Ltd. (TSXV: HULK, FSE: 8YC) (“Pontus” or the “Company”), in a move to develop sales, has signed a Letter of Intent (the “LOI“) with Canadian T&J International Development Inc. (“T&J“), a private arm’s length British Columbia corporation, and distributer to 80% of all Asian Supermarkets in Western Canada, with products including the well-known Natural World brands. The Agreement between Pontus and T&J covers potential distribution and sales of both Pontus Protein and Pontus Foods added-value products. 

Connor Yuen, CEO of Pontus, stated, “Our market analysis identified the increase in meat reduction and the increase in demand for sustainable plant based protein across North America, yet this is still a fairly new phenomenon. In many Asian cultures, vegetarianism has been established for centuries, driven by access to meat, culture and religion. T&J’s comprehensive distribution to the Asian supermarkets, including T&T and most Asian Supermarkets, will give us access to this large existing market.”

Dean Liu, CEO of T&J added, “The demand for healthful plant based products in Asian supermarkets is well established, and we also see a move to gluten-free and low carbohydrate diets. Pontus Protein will meet these trends, and its versatility as a raw ingredient added into products will be very appealing to my clients. This agreement is for North American sales and distribution. Still, we also have significant sales in China that I believe we can access with Pontus, as it is such a strong product and Chinese people love Canadian products. Food is used as medicine, and people are often looking for the healthiest options for their wellbeing. In China, with the population growth, there is an increasing concern for food security. In the growing Chinese middle class, there is a thirst for premium and clean products, Pontus well meets these growing needs of the most populated country in the world.”

It is the intentions of Pontus and T&J to continue good faith negotiations to finalize a definitive agreement (a “Definitive Agreement“) that would cover distribution and sales, which will also include the economic terms of such arrangement.

About Canadian T&J International Development Inc.

T&J is an international trader that supplies over 200 products, a distributor to 80% of all Western Canadian Asian Supermarkets, including T&T, Lucky Supermarkets, H-Mart, Foody World. A-mart and China World and online via Amazon and in Walmart in China. Our focus is on three categories, Grains and Beans, Spices and Dried Edibles. T&J has established sales and distribution channels for quality products, including the Natural World brand, ubiquitous in Asian Households.

About Pontus Protein Ltd.

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS™) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95 percent less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source.  Pontus aims to revolutionize the plant-based sector as the entire sector is currently based on two main protein sources: soy and pea. Lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims at being the base protein for plant based food products, which will lead this movement that has begun in the world transitioning from meat based to plant based protein.

To learn more, please visit pontuswaterlentils.com.
*https://food-nutrition.canada.ca/cnf-fce/report-rapport.do


On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO
Pontus Protein Ltd.

Contact Information

For more information, please contact:

Connor Yuen
Chief Executive Officer

For further information:

Investor Relations:

Edge Communications Group
[email protected]
(778) 999-4855

For media enquiries or interviews, please contact:

Victoria Bennett
[email protected]
(403) 589-7992

Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, progression of the letter of intent to a formal business relationship. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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

Pontus completes acquisition of EPHÉMÈRE supper club to integrate product development vertically

VANCOUVER,B.C. March 9, 2021 – Pontus Protein Ltd. (“Pontus or the Company“) (TSXV: HULK FSE: 8YC) is pleased to announce that the Company has closed the previously announced acquisition of Ephémère Catering & Consulting Inc. (“Ephémère“) as outlined in the Company’s news release dated February 17, 2021.  

Ephémère provides catering and product consultation services to its customers and, through its Ephémère Supper Club, operates private dining experiences. With this strategic acquisition, Pontus will strengthen its product development and food education programto create value-added functional foods and develop the Company’stop line growth by expanding its customer base and creating a deeper market need for Pontus Protein.   

Connor Yuen, CEO of Pontus,stated, we have already seen incredible synergies bringing Ephémère into Pontus as our added value service arm. Even today, Shahni, now our Culinary Director and Head Chef, and I discussed his progress to create our meal kit delivery service. With the team’s product development skills, we have confirmed this to be a strategic fit, into moving forward into growing Pontus it will be. 

 About Pontus Protein Ltd. 

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS™) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95 percent less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source.  Pontus aims to revolutionize the plant-based sector as the entire sector is currently based on two main protein sources: soy and pea. Lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims at being the base protein for plant based food products, which will lead this movement that has begun in the world transitioning from meat based protein to plant based protein. 

*https://food-nutrition.canada.ca/cnf-fce/report-rapport.do 

On behalf of the Board of Directors 

 “Connor Yuen” 

Connor Yuen, CEO 
Pontus Protein Ltd. 

Contact Information 

For more information,please contact:

Connor Yuen 
Chief Executive Officer 

 For further information: 

Investor Relations: 

 Edge Communications Group 
[email protected] 
(778) 999-4855 

 For media enquiries or interviews, please contact: 

 Victoria Bennett 

[email protected] 
(403) 589-7992 

Forward-Looking Information 

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (generally, forward-looking statements can be identified by use of words such as “outlook”, “expects”, “intend”, “forecasts”, “anticipates”, “plans”, “projects”, “estimates”, “envisages, “assumes”, “needs”, “strategy”, “goals”, “objectives”, or variations thereof, or stating that certain actions, events or results “may”, “can”, “could”, “would”, “might”, or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions, and other similar terminology) are not statements of historical fact and may be forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law. 

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

PONTUS Announces Non-Binding LOI With Leading Beverage Developer And Manufacturer

VANCOUVER,  B.C., March 4, 2021. Pontus Protein Ltd. (TSXV: HULK, FSE: 8YC) (“Pontus” or the “Company”), in a move to develop value added products, Pontus has signed a non-binding letter of intent (the “LOI“) with Blue Ocean Tea Company (“Blue Ocean“), a private arm’s length British Columbia corporation, and leading tea beverage designer and manufacturer who has worked with Revolution Tea, Ministry of Tea, UK, Wize Tea, JusTea Beverages, to develop ready to drink and portion packed beverages using Pontus Plant Protein.

The LOI is an expression of interest between Pontus and Blue Ocean covering product development, production, distribution and sales. Through Blue Ocean’s market understanding and market connections, both companies anticipate the development of an international tea brand that will be able to secure significant sales in this large and growing market. In addition, Blue Ocean will be able to sell Pontus Water Lentils to its supply chain and distribute the raw ingredient to its current clients.

“The Tea and Herbal Association of Canada has polled consumers over the past six months and identified that during COVID, people wanted beverages that they can feel good about. As we return to normality, people want products to take care of themselves. I believe with Pontus, we can be post pandemic ready with a range of products,” said Mark Arathoon, Blue Ocean CEO and fourth generation tea industry expert. “When I saw Pontus in the media, I reached out to the company as I could see a real opportunity with the high protein, fibre, iron and amino acids in Pontus’ products to meet the growing demand for functional beverages. My initial analysis has been very positive, I like the taste and working with the product, and there is an interest from my clients, too. When I was in the US, I identified the potential of Rooibos, I can see Pontus Protein being bigger than Rooibos, especially in North America.”

Connor Yuen, CEO of Pontus stated, “Our market analysis identified the $55 billion global tea market as an effective early target for Pontus’ added value products. The tea market’s stated forecast growth is 6.6% CAGR*, with the fastest growth predicted in products with the addition of other healthful ingredients, such as Pontus Plant Protein. We are so fortunate to have Mark and his team’s experience on our doorstep and look forward to exploring both ready to drink and packaged beverages, to capture this market opportunity.”

* https://www.reportlinker.com/p05844091/Tea-Market-by-Type-Packaging-Distribution-Channel-and-Application-Global-Opportunity-Analysis-and-Industry-Forecast.

It is the intentions of Pontus and Blue Ocean to continue good faith negotiates to settle upon a definitive agreement (a “Definitive Agreement“) covering product development, production, distribution and sales which will also include the economic terms of the arrangement.

About Pontus Protein Ltd. 

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS™) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95 percent less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source.  Pontus aims to revolutionize the plant-based sector as the entire sector is currently based on two main protein sources: soy and pea. Lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims at being the base protein for plant based food products, which will lead this movement that has begun in the world transitioning from meat based to plant based protein.

To learn more, please visit pontuswaterlentils.com.

*https://food-nutrition.canada.ca/cnf-fce/report-rapport.do

About Blue Ocean Tea Company

Blue Ocean Tea Company is a global provider of contract manufacturing for Specialty Tea Brands, founded by Preet and Mark Arathoon, working with 30 brands across North America, including product development, production, business advisory, sales and distribution. Mark is a fourth generation tea expert who has worked in the gardens in Assam and Darjeeling and built relationships with global suppliers and has developed products for Numi Organic Tea, Starbucks and several other North American and International brands. Following his passion for tea and tea blending, he was the Head of the Tea Division at one of the largest tea contract manufacturers in the world. In their 18,000 sq ft facility just outside Vancouver, the team creates custom formulations, tea sourcing and importing, contract manufacturing, warehousing and logistics, consultation, research and development and wholesale of bulk ingredients. The company holds multiple organic tea certifications and is Rainforest Alliance certified and a member of the Global Food Safety Initiative.

Tea is considered a healthy beverage owing to the presence of several potent antioxidants and minerals such as potassium, manganese, magnesium, & calcium. Regular tea consumption helps reduce cell damage caused due to free radicals as well as lowers cholesterol levels and facilitates healthy weight loss.

Moreover, introducing additional healthy ingredients in tea by different market players are some other factors that drive the growth of the market. (Allied Market Research Global Opportunity Analysis and Industry forecast 2020 -2027).

On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO
Pontus Protein Ltd.

Contact Information

For more information, please contact:

Connor Yuen
Chief Executive Officer

For further information:

Investor Relations:

Edge Communications Group
[email protected]
(778) 999-4855

For media enquiries or interviews, please contact:

Victoria Bennett
[email protected]
(403) 589-7992

Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, progression of the letter of intent to a formal business relationship. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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

PONTUS Announces New Chief Financial Officer

VANCOUVER, BCMarch 1, 2021 /CNW/ – Pontus Protein Ltd. (“Pontus” or the “Company“) (TSXV: HULK) (FSE: 8YC) is pleased to announce that, effective immediately, Jason Ding has been appointed as the Company’s new Chief Financial Officer following the resignation of Jeremy Wright. Mr. Wright will continue to serve as a director of the Company where he will continue to support Pontus’ continued growth.

Mr. Ding holds a Bachelor of Business Administration from Simon Fraser University and is a Chartered Professional Accountant. He has over fifteen years experience in accounting with both public and private companies. His public experience includes both TSX and NYSE listed firms.

Connor Yuen, CEO of Pontus, stated, “on behalf of Pontus, I want to thank Jeremy for his leadership and service in helping grow the Company from infancy to where it is today. We’re very excited about the next chapter for Pontus and Jason’s decision to join us as CFO, having held the role of Financial Controller for the past two years. Jason is a tremendous addition to Pontus’ executive leadership and brings with him over fifteen years of financial rigour and leadership which will position Pontus well for continued growth.”

About Pontus Protein Ltd.

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS™) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95 percent less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source.  Pontus aims to revolutionize the plant-based sector as the entire sector is currently based on two main protein sources: soy and pea. Lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims at being the base protein for plant based food products, which will lead this movement that has begun in the world transitioning from meat based protein to plant based protein.

To learn more, please visit pontuswaterlentils.com.

On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO 
Pontus Protein Ltd.

Forward-Looking Information 
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, as well as other general business, economic, or market related risks beyond the director control of the Company. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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

SOURCE Pontus Protein Ltd.

For further information: Connor Yuen, Chief Executive Officer; Investor Relations: Edge Communications Group, [email protected] , (778) 999-4855;

For media enquiries or interviews, please contact: Victoria Bennett, [email protected] , (403) 589-7992

Pontus Unveils Design Of Packaging For First Product

VANCOUVER, B.C., February 24, 2021. Pontus Protein Ltd. (TSXV: HULK, FSE: 8YC) (“Pontus” or the “Company”), in a move to bring the Company’s first product to market, is pleased to unveil the design for their Pontus Plant Protein packaging.

Pontus’ goal was to create an easy-to-use sachet to build brand awareness, enable shopper visibility and encourage initial sampling of our Pontus Plant Protein product. The initial products we produced are being used as industrial samples and for early investors. Each sachet contains 5 grams of Pontus’ 42% protein powder for an on-the-go protein mixed into water or smoothies or for take-home trial. Pontus aims to distribute these retail-ready sachets to local and national retailers across Canada and the U.S. In the coming months, we are excited to announce that customers will be able to purchase sachets online directly from Pontus’ website and other online retail platforms.

As a sustainable aquaponic food company currently focusing on plant based protein, Pontus is committed to helping consumers create nutritious and delicious food and beverages. Pontus’ protein powder is the backbone of the Company’s initial product range due to the flexible way it can be used to enrich a wide variety of foods. Future products will include added-value products made with Pontus Plant Protein powder to reach new consumers.

pontusproduct

“We wanted a design that clearly communicates what the product is and the benefits on the sachet. We need an easy to transport sachet for ecommerce sales, have a good shelf presence for future retail sales, and be convenient for consumers to go. We will be testing sustainable packaging for our next run of sachets, as we are a company that wants to be as sustainable as we can,” said J.R. Lopez, Pontus’ CXO. “We also wanted it to be appealing to a broad audience. Pontus Plant Protein is unlike other protein powders in that it is pure water lentils, that has not been processed or had any additives.”

Alson Nui, Pontus’ EVP, stated, “It’s an optimum way to get consumers to try Pontus Plant Protein and see how flexible the product is. The 5g sachet is an easy-to-use volume that can be added to water or smoothies for beverages on the go or at home or added to recipes enhancing the nutrition of food and beverages. We have identified a co-packer partner that will be able to run our initial production run, and we’re already working with them to create our industrial/investor samples. Following our initial production run, we anticipate to be able to significantly scale up our production capacity at our brand new, state-of-the-art production facility located in Surrey, British Columbia, once it is complete. In this regard, all of Pontus’ previously mentioned milestones are expected to be achieved as we have submitted our building applications, finalized our designs and have begun preparing for construction.”

For more information on the developments at Pontus’ Surrey, British Columbia production facility, please see the Company’s news release dated February 3, 2021 filed on SEDAR.

About Pontus Protein Ltd.

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS™) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95% less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source. Pontus aims to revolutionize the plant-based sector as the entire sector is currently based on two main protein sources: soy and pea. Lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims at being the base protein for plant based food products, which will lead this movement that has begun in the world transitioning from meat based to plant based protein.

To learn more, please visit pontuswaterlentils.com.

*https://food-nutrition.canada.ca/cnf-fce/report-rapport.do

On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO
Pontus Protein Ltd.

Contact Information

For more information, please contact:

Connor Yuen
Chief Executive Officer

For further information:

Investor Relations:

Edge Communications Group
[email protected]
(778) 999-4855

For media enquiries or interviews, please contact:

Victoria Bennett
[email protected]
(403) 589-7992

Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, the production and distribution of Pontus’ Plant Protein sachet across Canada and the U.S., the availability of Pontus’s Plant Protein sachet for direct online purchase from Pontus’ website and other online retail platforms, the use of Pontus’ Plant Protein in future Pontus products, the anticipated completion of Pontus’ Surrey, British Columbia production facility and any anticipated production benefits therefrom, and Pontus’ ability to revolutionize the plant-based sector. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the failure of Pontus to receive the necessary approvals from the City of Surrey for its proposed leasehold improvements at its Surrey production facility, the inability to complete the Surrey facility’s leasehold improvements, as well as other general business, economic, or market related risks beyond the director control of the Company and which may affect the Company’s business, operations, or products. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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

Pontus Announces Acquisition Of EPHÉMÈRE Supper Club To Vertically Integrate Product Development

VANCOUVER, B.C. – February 17, 2021 – Pontus Protein Ltd. (“Pontus” or the “Company“) (TSXV: HULK FSE: 8YC) is pleased to announce that it has entered into a definitive agreement dated February 16, 2021 (the “Definitive Agreement”) to acquire all of the issued and outstanding shares of Ephemere Catering & Consulting Inc. (“Ephémère“).

Ephémère currently provides catering and product consultation services to its customers and through its Ephémère Supper Club, operates private dining experiences. With this strategic acquisition, Pontus will strengthen its product development and food education program to create value-added functional foods and develop the Company’s top line growth by expanding its customer base and creating a deeper market need for Pontus Protein.

Following the completion of the acquisition, Ephémère’s Culinary Director, Shahni Arshad, will assume the role of Pontus’ Culinary Director and Head Chef and be responsible for development of recipes and products incorporating Pontus Protein. Furthermore, Pontus is pleased to announce that Ephémère’s Consultant, Gianni Picchi, will provide ongoing consultancy services for Pontus. Mr. Picchi is a world-renowned restaurateur and formerly head chef at Winston’s in Toronto, the iconic Banff Springs Hotel, Chateau Victoria and most recently, Il Giardino in Vancouver. Through Ephémère, Mr. Arshad has built a reputation for creating innovative dishes for clients and will, subject to the completion of the acquisition, be the primary point of contact for companies in the food and beverage industry looking to enrich their products with Pontus Protein and other products that Mr. Arshad and Mr. Picchi will create.

Furthermore, Mr. Arshad and Mr. Picchi will continue build out Ephémère’s meal kit delivery service, which will primarily include the incorporation of Pontus’ current and future products in various formulations. Pontus anticipates the meal kit delivery system will be a significant revenue driver for the Company, as this sector has experienced significant growth over the last year, particularly in light of the decline in people attending restaurants and instead choosing to eat at home. Mr. Arshad’s experience running commissaries will be well suited to his new role with the Company and the Company’s growth.

Ephemere Frozen Smoothie
Ephémère Frozen Smoothie with Pontus Protein - concept design Ephémère Supper Club
Ephemere Meal Kit Concept
Ephémère Supper Meal Kits with Pontus Protein - concept design Ephémère Supper Club

Ephémère brings with it a dedicated following of food lovers looking for innovative dishes and the acquisition will enable the Company to immediately reach Mr. Arshad’s existing audience while continuing to grow Ephémère’s following through social media outlets, TV, and live appearances.

Connor Yuen, CEO of Pontus, stated, “I am delighted with this acquisition and that Shahni and his team have agreed to join Pontus. Shahni has developed incredible recipes and products that we are excited to integrate into our business, including frozen smoothies and pasta. Gianni’s experience running some of the best restaurants in the country will ensure we have quality as well as nutritious products. Focusing on Pontus Protein, we hope Shahni and Gianni will accelerate our product development to deliver unique value added and delicious functional foods with their creativity and culinary skills. We are fortunate to have two great ambassadors, and will focus each to the right audiences, to build depth in the markets as we promote the use of Pontus Protein in homes, recipes, meal kits and cooking classes, at catered events, online and on TV.”

Gianni Picchi, global master chef, restauranteur and now consultant to Pontus added, “I am thrilled and honoured to be a part of Pontus, the new leader of plant based protein food for the future, there I can put to work my lifetime of knowledge, creativeness and expertise developing new products towards a sustainable energy saving future for generations to come! – “We are what we eat””

Transaction Details

Pursuant to the terms of the Definitive Agreement, Pontus will acquire all of the issued and outstanding shares in the capital of Ephémère (the “Purchased Shares”) from the arm’s length shareholders of Ephémère (the “Vendors”) in exchange for the issuance of an aggregate 4,000,000 common shares of Pontus (the “Payment Shares”). The number of Payment Shares that each of the Vendors shall receive upon closing of the acquisition will be in proportion to the number of Purchased Shares such Vendor owns against the aggregate number of Purchased Shares. Closing of the proposed acquisition is subject to customary conditions, including the receipt of all necessary approvals and consents and TSX Venture Exchange approval. No finder’s fees are payable in connection with the acquisition.

About Pontus Protein Ltd. 

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS™) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95 percent less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source.  Pontus aims to revolutionize the plant-based sector as the entire sector is currently based on two main protein sources: soy and pea. Lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims at being the base protein for plant based food products, which will lead this movement that has begun in the world transitioning from meat based protein to plant based protein.

*https://food-nutrition.canada.ca/cnf-fce/report-rapport.do

On behalf of the Board of Directors 

“Connor Yuen” 

Connor Yuen, CEO 
Pontus Protein Ltd. 

Contact Information 

For more information, please contact: 

Connor Yuen 
Chief Executive Officer 

For further information: 

Investor Relations: 

Edge Communications Group 
[email protected] 
(778) 999-4855 

For media enquiries or interviews, please contact: 

Victoria Bennett 
[email protected] 
(403) 589-7992 

Forward-Looking Information 

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, completion of the transaction with Ephémère and the TSXV’s approval of the agreement respecting same. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the inability of Pontus to receive TSXV approval for the Agreement, the inability of Pontus to negotiate a consulting agreement with Mr. Arshad as well as other general business, economic, or market related risks beyond the director control of the Company. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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

Pontus Announces Agreement With Financial Star News Inc. For Marketing Services

VANCOUVER, B.C. – February 16, 2021 – Pontus Protein Ltd. (“Pontus” or the “Company”) (TSXV:HULK) (FSE: 8YC) is pleased to announce it has entered into a marketing agreement (the “Agreement“) with Financial Star News Inc. (“Financial Star“) pursuant to which Financial Star will provide investor relation services to Pontus in consideration for an aggregate of US$250,000. The Agreement is for an initial term of 6 months commencing on February 12, 2021 and, in accordance with its terms, Financial Star will design, create and distribute advertising content for Pontus. The Agreement is subject to the approval of the TSX Venture Exchange (“TSXV“). Financial Star News Inc operates the website www.thefinancialstar.com.

Financial Star is a privately owned, marketing firm based out of Vancouver, B.C. which provides corporate communications services for public companies. Neither Financial Star, nor any of its respective directors or officers owns any securities of the Company or any right to acquire securities of the Company. Financial Star is an arm’s length party to Pontus.

About Pontus Protein Ltd.

Pontus Protein Ltd. makes pure plant-based protein powder sourced from nutritious water lentils, farm-grown in Vancouver, B.C., with development plans to expand to Surrey, B.C. Not only does Pontus Protein Powder exceed certified organic standards, but it’s also gluten-free, pure and allergen safe. It’s jam-packed full of antioxidants, minerals, vitamins and ALL the essential amino acids. This is not your average lentil, these are water lentils; a crop that can be harvested every 24 hours in an indoor aquaponic farm that uses 95% less water than traditional agriculture, using Pontus’ proprietary Closed Environment Vertical Aquaponics System (or CEVAS™) aquaponic agritech technology, we’re Reinventing Agriculture™. This is wonderful news for a planet populated with us hungry and health-conscious humans.

On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO
Pontus Protein Ltd.

Contact Information

For more information please contact:

Connor Yuen
Chief Executive Officer
(778) 999-3353

For further information:

Investor Relations:

Edge Communications Group
[email protected]
(778) 999-4855

For media enquiries or interviews, please contact:

Victoria Bennett
[email protected]
(403) 589-7992

Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, the expansion of the Company’s operations in Surrey, B.C. and the TSXV’s approval of the Agreement. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the inability of the Company to finalize and receive the necessary approvals for its anticipated Surrey, B.C. facility, the inability of Pontus to receive TSXV approval for the Agreement, as well as other general business, economic, or market related risks beyond the director control of the Company. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

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

Pontus Commences Trading On The Frankfurt Stock Exchange, Grant Of Options

VANCOUVER, BC – February 10, 2021 – Pontus Protein Ltd. (“Pontus” or the “Company”) (TSX-V: HULK) (FSE: 8YC), is pleased to announce the listing of its common shares on the Frankfurt Stock Exchange, also known as Börse Frankfurt, effective February 8, 2021 under the trading symbol “8YC” (WKN: A2QNFB, ISIN: CA7327681069). The Company will continue to maintain its primary listing on the TSX Venture Exchange.

Pontus CEO, Connor Yuen states: “We have been overwhelmed by the support we have received from investors since our public debut on the TSXV. As the next step, we are excited to expand our shareholder base to international investors that also want to participate in the growth of our company, with the Frankfurt listing being the first step in that process.”

Consultant Options Granted

Pontus also announces that it has granted stock options (collectively, the “Options”) to a certain consultant of the Company to purchase of up to 100,000 common shares of the Company (each, a “Share”), pursuant to the Company’s Stock Option Plan. The Options, which shall vest on the date of grant, are exercisable at an exercise price of $1.28 per Share for a period of one year from the date of grant. 

About Pontus Protein Ltd

Pontus Protein Ltd. makes pure plant-based protein powder sourced from nutritious water lentils, farm-grown in Vancouver, BC, with development plans to expand to Surrey, B.C.. Not only does Pontus Protein Powder exceed certified organic standards, but it’s also gluten-free, pure and allergen safe. It’s jam-packed full of antioxidants, minerals, vitamins and ALL the essential amino acids. This is not your average lentil, these are water lentils; a crop that can be harvested every 24 hours in an indoor aquaponic farm that uses 95% less water than traditional agriculture, using Pontus’ proprietary Closed Environment Vertical Aquaponics System (or CEVAS™) aquaponic agritech technology, we’re Reinventing Agriculture™. This is wonderful news for a planet populated with us hungry and health-conscious humans.

On behalf of the Board of Directors,
Connor Yuen
Chief Executive Officer

For further information, please contact:
Investor Relations:
Edge Communications Group
[email protected]
(778) 999-4855

For media enquiries or interviews, please contact:
Victoria Bennett
[email protected]
(403)589-7992

Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, the timeline for the approval of the Facility’s construction application and subsequent leasehold improvements, the anticipated benefits of Pontus’ CEVASTM system on the production of its water lentils as well as its ability to revolution traditional agricultural production techniques, and the anticipated growth of the North American plant-based protein market and its causes. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the performance of Financial Star News Inc, as well as other general business, economic, or market related risks beyond the director control of the Company. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

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

See the German version of the press release.