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AWA Arrowhead Water Products Ltd

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Share Name Share Symbol Market Type
Arrowhead Water Products Ltd TSXV:AWA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Arrowhead Water Announces Expansion of New 15 Litre Pet Business

12/11/2010 1:00pm

Marketwired Canada


NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS. 

Arrowhead Water Products Ltd. (TSX VENTURE:AWA) ("Arrowhead" or the "Company")
announces that the Company continues to increase sales in its new innovative
environmentally friendly 15 litre PET large format water channel. The Company
packages spring, drinking and pure distilled water in the new 15 litre bottle
which is produced at its Edmonton plant. The Company's key market is to focus on
grocery chains and big box stores located in Western Canada. Currently, the
Company is operating one Siapi Blow Moulding machine in its Edmonton facility
and the Company plans to move its second Siapi machine into a new high growth
market in Western Canada. The retailers in Western Canada are moving more and
more into large format single use 15 litre PET bottles which are one way and
100% Bisphenol A free (BPA). The food service market is another growing channel
for these new innovate single use PET bottles which are 100% recyclable.
Consumers may return the empty bottles to any bottle depot in Alberta. Another
key selling feature is the bottle deposit is only $0.25 instead of the $10.00
deposit that is found on the older 5 gallon (18.9 litre) polycarbonate bottles
which are slowly being phased out by retailers. The new PET bottles are fully
compatible with any water cooler on the market today and can be found at most
major retailers in Alberta. 


Arrowhead also advises that on October 22, 2010, the Company's Board of
Directors approved the granting of 975,000 stock options to officers, directors,
employees and consultants of the Company, subject to regulatory and TSX Venture
Exchange approval. The options were issued with an exercise price of $0.10 per
share and have a five year term.


About Arrowhead Water

Arrowhead Water is Canada's largest Canadian owned, publicly traded water
company which is engaged in the production, sale and distribution of large
format bottled drinking water (including the new one-way environmentally
friendly bisphenol A free 15 litre PET bottle and traditional 18.9 litre (5
gallon) bottle). Arrowhead produces and delivers bottles of natural spring,
reverse osmosis and pure distilled water to the Western Canadian retail and
wholesale market. The Company remains committed to continually improve its level
of service to its customers and to provide positive returns to its shareholders.


Issued and Outstanding Shares: 14,492,229

1 Year Arrowhead Water Products Ltd Chart

1 Year Arrowhead Water Products Ltd Chart

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1 Month Arrowhead Water Products Ltd Chart

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