TORONTO, April 28, 2016 /CNW/ - Ceres Global Ag Corp. ("Ceres" or the "Company") (TSX: CRP) today announced that it will report its fourth quarter 2016 financial results for the period ended March 31, 2016 on Wednesday, May 11, 2016 after market close.
Ceres will hold a conference call to discuss its Q4 financial and operational results on Thursday, May 12, 2016 at 10:00 a.m. ET. Patrick Bracken, Ceres' President and CEO, and Mark Kucala, Ceres' CFO, will co-chair the conference call.
As previously announced, Ceres has changed its fiscal year reporting period from April 1 to March 31 to July 1 to June 30, effective with the start of FY 2017. As a result, Ceres' Fiscal 2016 results will also include the period April 1 to June 30, 2016. Ceres expects to report its full- year results for Fiscal 2016 in September.
The change in reporting periods is designed to make Ceres' reporting of its financial results consistent with industry norms and the traditional crop season. Effective with the start of Fiscal Year 2017, July 1, 2016, Ceres will also begin reporting its results in US dollars.
Details on Q4 Conference Call
All interested parties in Ceres' Q4 financial and operational results can join the conference call by dialing 1-888-231-8191 or 647-427-7450, conference ID: 93035206. Please dial in 15 minutes prior to the call to secure a line. The conference call will be archived for replay until Thursday, May 28, 2016 at midnight, ET. To access the archived conference call, please dial 1-855-859-2056 and enter the encore code 93035206.
A live audio webcast of the conference call will be available at: http://event.on24.com/r.htm?e=1174182&s=1&k=81B1C70D4D4BDF17CC23B79EE123EDDD
Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. An archived replay of the webcast will be available for 90 days.
About Ceres Global Ag Corp. (ceresglobalagcorp.com)
Headquartered in Minneapolis, Ceres Global Ag Corp. is focused on two primary businesses: a Grain Storage, Handling and Merchandising unit; and a Commodity Logistics unit.
Ceres' Grain Storage unit is anchored by its 100% ownership of Riverland Ag Corp., a collection of eight grain storage and handling assets in Minnesota, New York, and Ontario having aggregate storage capacity of approximately 42.1 million bushels as at December 31, 2015.
Ceres' Commodity Logistics unit is focused on the development of a Commodity Logistics Centre in Northgate, SK. The Northgate Commodities Logistics Centre is a state-of-the-art grain, agriculture services and oilfield supplies transloading site.
Ceres also has a 25% interest in Stewart Southern Railway Inc., a short-line railway with a range of 130 kilometres that operates in South-eastern Saskatchewan.
SOURCE Ceres Global Ag Corp.
For further information: Joe Racanelli, NATIONAL Equicom, (416) 586-1943, firstname.lastname@example.org