TSXV Symbol: CYF
CALGARY, Jan. 30 /CNW/ - Canyon Creek Food Company Ltd. ("Canyon Creek"),
a food processing company listed on the TSX Venture Exchange under the trading
symbol "CYF", is pleased to announce that the company has been approved for
processing fresh fish products. The inability to sell clam chowder since
October 2005 has resulted in an estimated loss of $1.5 million in sales.
The Canadian Food Inspection Agency (CFIA) requested the company to
discontinue manufacturing clam chowder until it could satisfy the agency that
clostridium botulinum could not grow in the clam chowder. Clostridium
botulinum is an anaerobic gram-positive spore forming rod that produces a
potent neurotoxin. The spores are heat resistant and can survive in foods that
are incorrectly or minimally processed. Most of the 10 to 30 outbreaks that
are reported annually in the United States are associated with inadequately
processed, home-canned foods. This required Canyon Creek to perform a
"challenge study". We engaged a study by an independent U.S. lab to perform
the test. The objective of the study was to assess the microbiological
stability of clam chowder product when challenged with clostridium botulinum
to ensure a 90 day shelf life.
Canyon Creek has manufactured clam chowder without incident for the past
ten years and was confident that the "Challenge study" would vindicate the
manufacturing process for clam chowder or any other products as safe and of
The results of the challenge study were very favorable and were presented
and approved by the CFIA in January 2007. As a result Canyon Creek has now
resumed processing clam chowder in the same manufacturing process as it has
performed over the past 10 years.
Canyon Creek is a food processing company based in Calgary and Edmonton,
Alberta providing fresh soups and other prepared food products for today's
health conscious consumer. The company provides its fresh food product line to
both grocery retailers and a broad range of food service establishments such
as restaurants and institutions through out Canada.
This news release contains forward-looking statements which involve known
and unknown risks, delays and uncertainties not under Canyon Creek's control
which may cause actual results, performance or achievements of Canyon Creek to
be materially different from the results, performance or expectations implied
by these forward-looking statements.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities in any jurisdiction. The
securities offered have not and will not be registered under the United States
Securities Act of 1933, as amended, or any state securities laws and may not
be offered or sold in the United States absent registration or an applicable
exemption from the registration requirement.
The TSX Venture Exchange has neither approved nor disapproved of the
contents of this press release.
For further information:
For further information: Mr. Terry Alty, President and Director,
Telephone: 1-888-217-1246, Ext. 222