Pure Extracts Technologies Corp.(OTCPK:PRXTF) (CSE:PULL) (XFRA:A2QJAJ)has entered intoadefinitive business combination agreementdated May 1, 2023with PL Healthcare Management Ltd. and 1411062 B.C. Ltd.("subco"), a wholly-owned subsidiary of the company, pursuant to which the company willacquire all of the issued and outstanding shares of PLM.

In accordance with the terms and conditions of the definitive agreement, the transaction will be completed by way of athree-cornered amalgamation, whereby, among other things: subco will amalgamate with PLM to form an amalgamated company ("amalco"); each issued and outstanding common share of PLM will be...