10:22 AM EST - Pontus Protein Ltd. : Announced that it has entered into a definitive agreement dated February 16, 2021 to acquire all of the issued and outstanding shares of Ephemere Catering & Consulting Inc. Ephémère currently provides catering and product consultation services to its customers and through its Ephémère Supper Club, operates private dining experiences. With this strategic acquisition, Pontus will strengthen its product development and food education program to create value-added functional foods and develop the Company's top line growth by expanding its customer base and creating a deeper market need for Pontus Protein. Following the completion of the acquisition, Ephémère's Culinary Director, Shahni Arshad, will assume the role of Pontus' Culinary Director and Head Chef and be responsible for development of recipes and products incorporating Pontus Protein. Furthermore, Pontus is pleased to announce that Ephémère's Consultant, Gianni Picchi , will provide ongoing consultancy services for Pontus. Mr. Picchi is a world-renowned restaurateur and formerly head chef at Winston's in Toronto , the iconic Banff Springs Hotel, Chateau Victoria and most recently, Il Giardino in Vancouver. Pontus Protein Ltd.
shares V.HULK are trading down 13 cents at $1.11.
