Twitter Facebook LinkedIn YouTube

New Listing: Vegaste Technologies (CSE:VEGA)

Video Platform Video Management Video Solutions Video Player

The company, which previously traded as Winston Resources, prior to its RTO, acquired PlantX, which will operate as a wholly-owned subsidiary. PlantX operates an online platform www.Plantx.com which serves as a resource for consumers interested in or living a plant-based lifestyle.

Additional Information:

Company: Vegaste Technologies
Website: http://www.Plantx.com
Stock Symbol: CSE: VEGA
Date Published: Aug 10, 2020
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Vegaste Technologies is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “VEGA”.

The company, which previously traded as Winston Resources, prior to its RTO, acquired PlantX, which will operate as a wholly-owned subsidiary.

PlantX operates an online platform www.Plantx.com which serves as a resource for consumers interested in or living a plant-based lifestyle.

As a digital based, one-stop-shop and distribution company, PlantX plans to offer customers across North America more than 3,000 products by the end of August 2020.

PlantX will offer high-quality plant-based food, live plants and beverages for home delivery along with plant-based meal delivery services available through local and regional food delivery services.

PlantX currently has plans underway to expand its product lines to include cosmetics, vitamins, clothing, and its own water brand.

In addition to serving as a directory to help users find approved vegan/plant-based restaurants in any location around the world, PlantX will use its digital platform to build a community of like-minded consumers and most importantly, provide education.

Offering a collaborative online forum and various resources including blogs, podcasts and recipes from well known chefs and contributions from members of the community, PlantX is redefining the plant-based experience.

The company was founder by Sean Dollinger, a serial entrepreneur, who started a delivery company at the age of 17 that soon became one of the largest in Canada.

In 2014, he launched his first public company, Namaste Technologies, which he left in March 2019.

Mr. Dollinger has since provided advisory services for three public companies that doubled their market caps in just three months.

Mr. Dollinger is also a passionate vegan who has an excellent grasp of the plant-based market.

As a condition to closing the RTO, on July 15th, the company completed a non-brokered private placement, raising gross proceeds of $3.2 million from the placement of approximately 12.8 million shares priced at $0.25 per share.

The shares are trading at $1.51.

For more information, please visit the company’s website www.Plantx.com, contact Julia Frank, CEO, at julia@Plantx.com.

I’m Megan Edwards for Investmentpitch Media