Press release content from Globe Newswire. The AP news staff was not involved in its creation. Pharmagreen Extends the Letter of Intent Timeline with Advanced Bio-Oil Technologies Ltd. Pharmagreen Biotech Inc.April 19, 2021 GMT CARSON CITY, NV, April 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Pharmagreen Biotech, Inc., (OTC PINKS: PHBI), announces that the signed letter of intent with Advanced Bio-oil Technologies Ltd. (ABOT), based in Denver, Colorado, as announced on February 16, 2021 has been extended by mutual agreement between the parties to June 30, 2021. Pharmagreen to date has identified a number of opportunities for acquisition and further development of the assets for tissue culture starter plantlet production, extraction and product formulation. As stated in February 16, 2021 news release, Pharmagreen will provide the raw, crude Cannabiniod oils, grown by its network of local hemp farmers and the Cannabiniod product formulations will be developed as a joint venture with ABOT, Advanced Bio-Oil Technologies Ltd. The LOI extension provides Pharmagreen with the opportunity to more thoroughly investigate the large number of site prospects and to secure the necessary funding to secure the selected real estate assets.