Eat Well Completes Sale of PataFoods, dba Amara Organic Foods

Eat Well Investment Group Inc. (CSE: EWG) (US: EWGFF) (FSE: 6BC0) (“Eat Well”) completed its previously announced sale to PataFoods, Inc. doing business as Amara Organic Foods (“Amara”), of 24% of its 28% equity interest in Amara for aggregate gross proceeds of USD$7 million.

Eat Well is a publicly-traded company primarily focused on the agribusiness, food tech, plant-based and ESG (environmental, social and governance) sectors. Eat Well’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current focus on the health/wellness industry.

McMillan acted as counsel to Eat Well, providing capital markets and securities expertise on this cross-border sale to achieve a successful outcome. McMillan’s team was led by Paul Barbeau and Jason Haley and included Cody Foggin.

As a national business law firm with exceptional capabilities to lead businesses through cross-border transactions and investments into Canada, McMillan provides real-time business solutions to clients operating in multifaceted regulatory regimes. Our legal teams are skilled at structuring and closing complex deals of all shapes and sizes in Canada, the US and internationally and in providing innovative transactional advice. Our understanding of business imperatives and our relationships with the regulators helps our clients stay ahead.