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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sunora Foods Inc | TSXV:SNF | 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% | 0.165 | 0.165 | 0.17 | 0 | 00:00:00 |
CALGARY, ALBERTA / ACCESSWIRE / June 25, 2014 / Sunora Foods Inc. ("Sunora" or the "Corporation") (TSX Venture: SNF) is pleased to announce the major distributor for Sunora's line of food oils in Indonesia has renewed the import registration for canola oil products until June 2019. This renewed registration will allow Sunora to continue export of food oils into Indonesia, furthering the Corporation's international export strategy to a major country. Indonesia has a population of approximately 250,000,000 and is a major importer of high quality food oil. Sunora is well positioned to increase its canola oil deliveries, and will continue to align with key distributors in other international markets.
Indonesia is a founding member of the Association of Southeast Asian Nations (ASEAN) amd is a member of the G-20 major economies. With a Gross Domestic Product of US $1.25 trillion, Indonesia continues to demand high quality products with Canadian exports being highly desirable.
Indonesia is an important country in Asia that receives food oil products from Sunora. Management continues to identify new distributors and potential key relationships with good export potential.
About Sunora Foods
Sunora Foods is a Calgary, Alberta based food oil entity trading and supplying canola oil, corn oil, soybean oil, olive oil, and specialty oils in Canada and internationally under the "Sunora", "Sunera" and numerous private label brands.
For further information
Dean Stuart
Investor Relations
T: 403 517 2270
E: dean@boardmarker.net
Steve Bank
Chief Executive Officer and President
T: 403 247 8300
E: steve.bank@sunora.com
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Sunora Foods Inc.
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