PLANTING HOPE CO SUB VTG - MYLKF STOCK NEWS

The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) has received a Management Cease Trade Order (MCTO) from the British Columbia Securities Commission due to a delay in filing its audited annual financial statements for 2023. The MCTO prohibits the CEO and CFO from trading in the company's securities until the filings are complete. Shareholders not considered insiders are unaffected and can continue trading. The company will issue updates until the filings are completed.

The Planting Hope Company Inc. has applied for a voluntary management cease trade order (MCTO) due to delays in filing annual financial statements. The company is working to resolve this issue and expects to file the required documents by June 28, 2024. The MCTO only restricts the Chief Executive Officer and Chief Financial Officer from trading, not other shareholders.

Planting Hope (MYLK) Announces Debt Reorganization and Update to Private Placement - Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) is proposing a debt reorganization and settlement of convertible debentures, offering holders the opportunity to settle outstanding debt through the issuance of units. The private placement is expected to raise up to C$8,000,000, with participation from a US-based investment fund. The net proceeds will support inventory purchases, business expansion, and working capital needs. The company has also completed the conversion of accrued interest on debentures into shares, involving related parties. The transactions are subject to regulatory approvals and may close in tranches.

Planting Hope Company Inc. signs MOU with a US-based investment fund for $7M USD financing. The Fund to provide $2M USD in equity capital and $5M USD in debt financing. Company cancels previous private placement and launches a new private placement of up to 80,000,000 Units at $0.10 CAD per Unit. Proceeds to support inventory purchases, business expansion, and working capital. CEO Julia Stamberger optimistic about growth opportunities in Foodservice channel and product innovation. Company aims for inventory replenishment, product innovation, and international expansion.

Planting Hope Company Inc. engages Independent Trading Group for market-making services and proposes to convert interest on outstanding convertible debentures into shares.

Planting Hope Company Inc. extends price reservation on private placement, aiming to raise up to $4 million CAD for business expansion and working capital purposes.

The Planting Hope Company Inc. announces the appointment of two new board members and a new Chief Financial Officer. Scott Carter and Qing Meyerson join as directors, while Tony Sansone takes on the role of CFO. The board also sees resignations from Saundra Linn and Kay Wong-Alafriz. The company issues stock options to employees and insiders, granting a total of 4,356,376 subordinate voting shares at an exercise price of $0.10 per share.

Planting Hope Company Inc. launches Hope and Sesame Barista Blend Sesamemilk in select Costco Warehouse Stores across the Pacific Northwest region of the United States. The product is specially formulated to froth, foam, steam, and perform well in hot and iced beverages. It offers a quantum leap forward in sustainability, saving 582L of water over the same size 6-pack case of almond milk. The product provides 2x the protein of comparable oat or almond barista-style milk products and uses 54% less water than oat milk, 75% less than almond milk, and 84% less than dairy milk. Hope and Sesame Barista Blend Sesamemilk aims to upgrade the deliciousness of plant-based milk, double up the protein, and save a substantial amount of water over most barista almond and oat milks. The launch coincides with the Lunar New Year season, and the product is being introduced to Costco members during the Year of the Dragon. The product is priced at $18.99 per 6-pack, equivalent to $3.19 per carton, and is expected to be available for 12 weeks or while supplies last.

Planting Hope Company Inc. cancels options grants and clarifies the cancellation of US SEC 506 Reg D financing, with no financing dollars raised and no shares issued.