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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gold Frost | LSE:GLF | London | Ordinary Share | IL0010952989 | ORD ILS0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
GOLD FROST CLARIFIES APPROVAL TO IMPORT SELECT KOSHER DAIRY PRODUCTS INTO U.S. Supplier Allocates Portion of Existing Import License to Kosher Products; Shipments to Begin when New Labelling Completed Gold Frost Ltd. (LSE:GLF.L) (the "Company" or "Gold Frost") today clarified its press release, dated March 1, 2007. Gold Frost's supplier, Arla Foods, Inc. ("Arla Foods") already has approval from U.S.authorities to import non-kosher Lurpak butter and Brie and Camembert cheeses into the U.S.on behalf of unrelated third parties. Arla Foods has now allocated a portion of its existing import licenses to kosher Lurpak butter and Brie and Camembert cheeses for distribution by Gold Frost. As previously stated, these products will be produced according to Gold Frost's kosher instructions at Arla's factory in Denmark, and Gold Frost will purchase the products directly from the factory in Denmarkor from Arla Foods in the U.S. Shipments of these products to the U.S.may commence once Gold Frost has produced product labelling that is in compliance with USDA and kosher regulations. Zwi Williger, Chief Executive of Gold Frost stated, "We are very excited about this opportunity. Our strategy to bring high-quality kosher dairy products to the U.S.market is moving forward. The agreement with Arla to begin importing kosher dairy products into the U.S.is an indication of the strong growth potential for our product line in this market. We intend to complete final labelling requirements for compliance with USDA and kosher regulations in the next few months." About Gold Frost Ltd. Gold Frost is a designer, developer and distributor of branded kosher dairy food products with 20 varieties of products currently on sale in Israel. The Company possesses proven R&D capability for 'koshering' chilled, frozen, diary and other products, a number of which have a health advantage by virtue of being low in fat and cholesterol. Contacts: Gold Frost Ltd. Zwi Williger, CEO +972 544 -324-924 Corporate Synergy Plc Rhod Cruwys/David Seal +44 20 7448 4400 END
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