Boosh Plant-Based Brands Inc. announced the private placement of non-brokered private placement of 10% secured convertible debentures for total gross proceeds of up to $250,000 on September 16, 2022. The convertible debentures are convertible into common shares at a price of 7.5 per common share the expected closing date is September 20, 2022. The transaction included participation from Countryman Investments Ltd. No finders' fees are payable in connection with the financing.

The convertible debentures and the common shares issuable upon conversion of the convertible debentures will be subject to a statutory hold period expiring on the date that is four months and one day after closing. The convertible debentures will mature on the date that is two years from the date of issuance.