Extension of Warrants and Resignation of Director

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TORONTO, Nov. 01, 2022 (GLOBE NEWSWIRE) — (TSX Venture:FTI) FTI Foodtech International Inc. (“FTI” or “the Company”) declares that it has prolonged the expiry date of its excellent warrants and the resignation of Mr. Gary Hullah from the corporate.

The firm has prolonged the 1,000,000 warrants in reference to the 2021 non-public placement for an extra yr to November 30, 2023, with no change to the unique worth of $0.40 for one frequent share.

Mr. Gary Hullah has resigned from his roles as Vice President, CFO and as a director of the corporate. After greater than 25 years with the corporate, Mr. Hullah has left the corporate to work on his personal tasks in different fields. Currently the board has been decreased to 3 members whereas the corporate is contemplating different candidates to interchange Mr. Hullah on the board.

The TSX Venture Exchange Inc. has authorized the contents of this press launch.   Neither TSX Venture Exchange nor its Regulation Services Provider (as that time period is outlined in insurance policies of the TSX Venture Exchange) accepts duty for the adequacy or accuracy of this launch.

For additional data, contact: William Hullah, President, FTI at (416) 444-1058.



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