The Company also announces the completion of its continuance under the Business Corporations Act from
The cell-based fish pellets created by the Umami team are made from cultured fish. Then they are supplemented with vegetable proteins to give them a taste and texture similar to traditional fish balls. Like a
Umami introduced its cultured fish product in its own press release on
Overall, Umami is focused on developing cellular solutions for species that are expected to experience severe supply-side shortages in the near future. The company has developed a proprietary, non-GMO process to produce fish muscle, fat and connective tissue from a single stem cell. It is actively developing the technology that will enable the production of cultured seafood for a range of the world’s most vulnerable fish species.
“Creating a cell-based laksa fish ball prototype is quite an achievement in the field of cell agriculture. Nothing has been developed like this so far, and CULT would like to support Umami in this. Umami is on a great path, and at this rate, its innovations could very well lead us to a better and more sustainable future,” said Lejjy Gafour, CEO of CULT.
The Company also announces that it has completed its continuation outside the province of
Additional information may be found by viewing the Company’s website at www.cultfoodscience.com or its regulatory filings at www.sedar.com.
On behalf of the Company’s Board of Directors,
Lejjy Gafour, General Manager
The information contained in this press release may involve forward-looking statements. Forward-looking statements are statements that relate to future and not past events. In this context, forward-looking statements often address a company’s expected future business and financial performance and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect” and ” intend”, statements that an action or event “may”, “could”, “could”, “should” or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or other future events, to differ materially from the results, performance or future achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the following risks: those associated with the marketing and sale of securities; the need for additional funding; reliance on key personnel; the potential for conflicts of interest between certain officers or directors with certain other projects; and the volatility of the price and volume of the Common Shares. Forward-looking statements are made based on the beliefs, estimates and opinions of management as of the date the statements are made and, except as required by law, the Company undertakes no obligation to update any forward-looking statements. whether these beliefs, estimates and opinions or other circumstances should prevail. Investors are cautioned against attributing undue certainty to forward-looking statements. For more information on risk, investors should consult the Company’s MD&A and other disclosure documents filed with regulatory authorities, available at www.sedar.com.
- “Studying the Benefits of Cell-Based Seafood Preservation”, emLab, 2022, https://emlab.ucsb.edu/projects/investigating-conservation-benefits-cell-based-seafood
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