Boosh Plant-Based Brands Inc. announced that it will issue common shares in a round of funding on January 9, 2023.

On the same day, the company issued 6,690,000 common shares at a price of CAD 0.05 per share for the gross proceeds of CAD 334,500 in its first tranche. The transaction is expected to close on next two to three weeks. Each Warrant entitles the holder to purchase one common share for a period of 12 months from the date of issue at an exercise price of CAD 0.07 per warrant share. The transaction will include participation from Connie Marples for CAD 2,000,000 units at a price of CAD 0.05 per unit, which are to be issued to 128 on March 22, 2023. All securities issued in the first tranche are subject to a statutory four-month and one-day hold period under applicable Canadian securities laws.