Pontus Protein Ltd.
HLKKF
Other OTC0.00
USD
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Pontus Protein Ltd.
HLKKF
(Other OTC)
Recent
price
0.00
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ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Pontus Protein Ltd. (HLKKF) operates as a Canada-based agritech company focused on sustainable production of organic plant-based proteins from water lentils through aquaponics and related technologies. The company produces Pure Plant Protein Powder in single-serve biodegradable sachets designed for on-the-go enhancement of foods and drinks, including bottled water; licenses expertise for building and operating aquaponics farms specializing in water lentil cultivation; and provides catering services along with product consultation. Founded in 2018 and headquartered in Surrey, British Columbia, Pontus Protein targets health-conscious consumers and food manufacturers worldwide with its nutrient-dense, environmentally sustainable protein sources. In recent developments, the company completed a qualifying transaction through amalgamation with 42 Protein Ltd. via AmWolf Capital Corp., changing its name to Pontus Protein Ltd. and shifting principal activities to processing pure plant-based proteins. Pontus Protein sold substantially all assets of its aquaponics farming segment to CEVAS Technology Inc. in October 2023 for $200,000 cash plus assumption of up to $3.5 million in liabilities, enabling a strategic focus on its catering and product consultation business. Additional changes include the appointment of Andy Wu as Chief Financial Officer in January 2023 and grants of stock options to directors, officers, and insiders.