Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

LeanLife Health Enters into Sales Agreement with RD Heritage Group

VANCOUVER, British Columbia , Jan. 25, 2018 (GLOBE NEWSWIRE) -- LeanLife Health Inc. (the “Company”) (CSE:LLP) is pleased to announce that it has entered into a sales agreement with RD Heritage Group, LLC (“RD Heritage”) whereby RD Heritage has agreed to market and sell the Company’s industry leading Omega 3 products derived from flax seeds. 

Under the terms of the agreement, RD Heritage will market and sell the Company’s Omega 3 products and assist with developing marketing strategies, carry out market analysis to define a global sales strategy, support product commercialization with a focus on sales and development, and appoint distributors to increase sales opportunities.

In consideration of RD Heritage’s services, the Company has agreed to: (i) issue to RD Heritage a total of 800,000 share purchase warrants with an exercise price of $0.40 per share, which will carry a cashless feature, and expire on a date that is two years from the date of issue, and (ii) pay a royalty to RD Heritage equal to 10% of all sales generated by them under the Sales Agreement.

If RD Heritage generates total sales of $10 million (USD), the Company will (i) issue RD Heritage a total of 1,000,000 common shares of the Company, and (ii) grant RD Heritage an exclusive license on the Company’s technology to produce its products for Indonesia, Middle East / North Africa and India.  Terms of such license will be negotiated by the Company and RD Heritage at a later date.

The Company anticipates that it will receive its first purchase order within the next 30 days.

About LeanLife Health and the Omega 3 Market

LeanLife Health’s products are extracted from flax seeds, a plentiful and non-animal source of Omega 3. The products can be used as a food additive or as a nutraceutical and have been used to make bread, noodles, cheese, yogurt, juice and milk products for the European market. LeanLife Health’s industry leading Omega 3 product formulations are of the highest quality and contain no cholesterol.  Products are available in oil, emulsion and powder forms.

The global Omega 3 market was valued at 10 billion USD in 2016 and is expected to reach 16 billion USD by the end of 2023, growing at a CAGR of 7.57% between 2016 and 2023.

For more information, please contact:

Stan Lis, CEO 
Tel:  604 764-0518
E-mail: [email protected]

Forward Looking Information
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control including, the Company's ability to compete with large food companies; sales of any potential products developed will be profitable; the ability to complete sales under the sales agreement.  Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

Comment On!

Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to (via Easy Blurb).