PureSnax International Reduces Outstanding Number of Common Shares and Provides Corporate Update

WOODBRIDGE, NJ--(Marketwired - Dec 1, 2015) - PureSnax International, Inc. (OTC PINK: PSNX) ("PureSnax" or "Company"), an innovative functional food and healthy snacks company, is pleased to announce that it has completed the cancellation of 300,000,000 of its common shares.

"This corporate restructuring has reduced our common share market capitalization and contributes to strengthening our overall financial position," commented Pat Gosselin, President of PureSnax. "We are confident that we are now better positioned to execute our current growth plan and take advantage of any potential strategic partnerships that could assist us in achieving our long-term goals."

Pursuant to the common share cancellation, 1,000,000 convertible preferred shares with multiple voting rights have been issued to Company President, Pat Gosselin. Following the share cancellation, there are now currently 100,000,000 shares of the Company's common stock issued and outstanding. Complete details regarding all corporate restructuring actions can be viewed in the Company's most recent 10Q filing.

PureSnax is currently focused on expanding its corporate governance structures and establishing systems and policies that will allow it to effectively handle large volumes of sales and ensure steady, controlled, and responsible growth within the multibillion dollar snack food industry.

"Being a new public company, we understand that establishing proper internal controls and bringing in key individuals at this important stage will ensure that we are able to meet our regulatory responsibilities and potentially accelerate our development. Over the next few weeks, ‎we anticipate introducing new team members that will supplement and compliment areas we have identified as being important to our growth and long-term viability," concluded Pat Gosselin.

About PureSnax International, Inc. (PSNX)

PureSnax International, Inc. is a functional food and healthy snacks company engaged in development, sourcing, branding and distribution of healthy food and snack products through its wellness brand.

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