EAT & BEYOND FORECLOSURE ANNOUNCEMENTS WITHOUT ACTUAL RESERVATION OF UNITS AND ANNOUNCEMENT OF DEBT PAYMENT

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VANCOUVER, BC, Jan. 17, 2025 (GLOBE NEWSWIRE) — Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat & Beyond” or “Company”), an investment producer focused on sustainability and the protein sector, announces that further to its news dated November 28, 2024 and January 15, 2025, the Company is pleased to announce that it has closed a previously announced unsold private placement. units of the Company (“Units”) with the issuance of 11,141,090 units at a price of C$0.0825 per Unit for a net proceeds to the Company of C$919,140.00 (the “A donation“).

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Each unit consists of one common share (each “Share it”) and one Yabelana purchase warranty (each “Warranty“). Each warrant will entitle its holder to receive one additional Share at a price of C$0.11 per Share, for a period of 24 months from the date of issuance.

The Company plans to use the proceeds of the Offering for general business purposes, marketing and future investment opportunities such as pursuing its crypto strategy including potential investments in Solana, Dogecoin and other currencies. See the new issue of November 13, 2024 for the Company’s expansion strategy. Such investments will be fully disclosed before proceeding with any transaction.

Concurrent with the closing of the Offering, the Company issued 3,030,303 Shares at a deemed issue price of C$0.0825 per Share to settle outstanding indebtedness in the aggregate amount of $250,000 (the “Debt”) due to the service provider (“The lender“).

All securities issued in connection with the Offering and Lending are subject to a statutory period of four months and a day from the date of issuance in accordance with applicable securities laws expiring on May 18, 2025.

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About Eat Beyond

Eat & Beyond is an investment issuer that identifies and invests equity in global companies that develop and commercialize innovative food technologies and sustainability. Led by a team of industry experts, Eat & Beyond is the first issuer of its kind in Canada, offering retail investors a unique opportunity to participate in the growth of a wide range of opportunities in the different sectors of food and sustainability, as well as access companies leading the way in providing smarter, more secure food.

Read more: https://eatbandyond.com/

The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the content of this press release.

For more information: For more information, please contact Young Bann, CEO, young@purposeesg.com.

This press release contains “forward-looking information” that is subject to numerous assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements may include, but are not limited to, the use of proceeds and funds available after the completion of the Offering, and are subject to all risks and uncertainties inherent in such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those expressed in the forward-looking statements. Such forward-looking statements represent management’s best judgment based on currently available information. No securities regulatory authority has approved or disapproved the contents of this news release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as may be required by law.

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