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PANGEA CONTINUES CANADIAN EXPANSION WITH NATIONAL PRODUCT LISTING IN IGA MARKETPLACE & FRESH STREET MARKET


VANCOUVER, BC, Aug. 23, 2022 /CNW/ - Pangea Natural Foods Inc. (CSE: PNGA) ("Pangea" or the "Company"), a natural food company, is pleased to announce it has increased retail distribution across Canada with IGA Marketplace BC and Fresh Street Market.

IGA Marketplace BC and Fresh Street Market are owned by H.Y. Louie Co., a 117-year-old firm that also owns London Drugs. As of June 2022, both the Pangea Old Fashioned Ghee and Pangea Plant-Based Patties were listed in approximately 23 IGA Marketplace stores in British Columbia, and in all seven Fresh Street Market locations. The Company's products are now listed in over 250 retail outlets across Canada.

The Company's Old Fashioned Ghee is a grass-fed, organic, clarified butter sourced from New Zealand and the Plant-Based Patties are made of pea-protein and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.

"We're incredibly excited to bring our successful products to IGA and Fresh Street Market customers and serve up even more delicious, natural products," said Pangea CEO Pratap Sandhu, "Our Old Fashioned Ghee and Plant-Based Patties will continue to raise the bar for Canadian consumers who are looking for innovative and healthy alternatives."

All of the Company's products are manufactured in the Vancouver lower mainland at an in-house facility approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration. To provide a convenient experience for its customers, the Company offers its products for purchase via e-commerce platforms and traditional retail outlets, including Save-on-Foods.

About Pangea Natural Foods Inc.

Pangea Natural Foods Inc. is a food manufacturing company focused on manufacturing and distributing high quality plant-based food products across North America.

On Behalf of the Board of Directors

(signed) "Pratap Sandhu"
Pratap Sandhu
CEO, Corporate Secretary and Director

Forward-Looking Information

This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company's plans to expand distribution of its products throughout North America and expectations regarding the Company's growth. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," "it is expected," or variations of such words and phrases, or statements that certain actions, events or results "may," "could," "should," or "would" occur.

Forward-looking statements are based on certain material assumptions and analyses made by management of the Company and the opinions and estimates of management of the Company as of the date of this news release, including that the Company will be able to widen the distribution of its products in North America and that the Company's business will grow. Although the Company considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not be able to expand its distribution network, and the other risks and uncertainties applicable to the Company and the business of the Company as set forth in the Company's final long form prospectus dated June 20, 2022 and its other disclosure available under the Company's profile at www.sedar.com.

There can be no assurance that the transactions contemplated in this news release will complete. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. We seek safe harbor.

SOURCE Pangea Natural Foods Inc.

For further information: please visit the Company's website at www.pangeafood.com or contact Pangea Natural Foods Inc., Pratap Sandhu, Chief Executive Officer, Telephone: +1 (604) 765-8069, Email: pratap@pangeafood.com