Sire Bioscience Acquires PlantFuel, Inc.

March 12, 2021

Sire Bioscience Inc. (CSE:SIRE) completed the acquisition of Denver-based PlantFuel, Inc. effective March 12, 2021, issuing 65,000,000 common shares as consideration and retaining PlantFuel as a wholly-owned subsidiary. Concurrently, Sire completed a non-brokered private placement raising approximately CAD 3.514 million, with Plant & Co Brands Ltd. and Eat Beyond Global Holdings Inc. participating as strategic investors.

Buyers
Sire Bioscience Inc.
Targets
PlantFuel, Inc.
Sellers
Shareholders of PlantFuel
Industry
Food & Beverage
Location
Colorado, United States
Transaction Type
Buyout

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