LeanLife launches new Investor Presentation
February 28 2019 - 8:26PM
LeanLife Health Inc. (CSE: LLP) (the “Company”) a Company focused
on plant-based food products, is pleased to announce that it has
launched a new presentation for its existing shareholders and
potential investors.
The presentation provides updated information about LeanLife,
including the Company’s recent signing of a Letter of Intent
(“LOI”) for testing and production of its products with a local
Canadian nutraceutical manufacturing company. It also
includes forward-looking financial projections based on this LOI
and further information about recent changes to the company, its
products, and its intended market.
The presentation can be viewed on the LeanLife website at:
https://www.LeanLifeHealth.com/presentations/
The Company also announces that the final number of units for
the Company’s oversubscribed private placement as announced on
February 8, 2019 is 25,570,000 (amended from 25,370,000) for a new
aggregate total of $1,278,500. As well, 25,000 shares are being
issued pursuant to an agreement with a consultant.
About LeanLife Health and the Omega-3
Market
LeanLife Health’s products are shelf-stable extractions from
flax seed, a plentiful plant-based source of Omega-3, that give
them a significant advantage as a fortified food ingredient.
The products can be used as food additives or as nutraceuticals
and have been used to make bread, noodles, cheese, yogurt, juice
and milk products for the European market.
LeanLife Health’s industry leading Omega-3 product formulations
are of the highest quality and contain no cholesterol. Products are
available in oil, emulsion and powder forms.
The global Omega-3 market reached USD $33 Billion in 2016 and is
expected to reach upwards of USD $57 Billion by 2025, according to
a report by Grand View Research, Inc.
For more information, please contact:
Stan Lis, CEO604-764-0518SLis@LeanLifeHealth.com
Forward Looking InformationInformation set
forth in this news release contains forward-looking statements that
are based on assumptions as of the date of this news release. These
statements reflect management's current estimates, beliefs,
intentions and expectations. They are not guarantees of future
performance. The Company cautions that all forward looking
statements are inherently uncertain and that actual performance may
be affected by a number of material factors, many of which are
beyond the Company's control including, the Company's ability to
compete with large food companies; sales of any potential products
developed will be profitable; the ability to complete sales under
the sales agreement. Accordingly, actual and future events,
conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information.
THE CSE HAS NEITHER APPROVED NOR
DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
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