REGINA, Jan. 17, 2014 /CNW/ - Input Capital Corp. ("Input") (TSX Venture Exchange: INP) announced today that it will release its
fiscal 2014 third quarter results on Thursday, February 6, 2014, after
Webcast and Conference Call Details
A conference call will be held on Friday, February 7, 2014 starting at
8:30 am Saskatchewan time (9:30 am Eastern time) to further discuss the
third quarter results. To participate in the conference call use the
following dial-in number:
Participant Dial in #:
1 (647) 427-7450 (Local Toronto)
1 (888) 231-8191 (North America Toll Free)
Webcast URL: http://www.newswire.ca/en/webcast/detail/1290571/1423845
It is recommended that participants dial in five minutes prior to the
commencement of the conference call. Soon after the completion of the
call, the webcast will be available for download on the Input Capital
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Input is an agriculture commodity streaming company with a focus on
canola, the largest and most profitable crop in Canadian agriculture.
Input enters into multi-year canola streaming contracts with canola
farmers in western Canada. Pursuant to the streaming contract, Input
purchases a fixed portion of the canola produced, at a fixed price, for
the duration of the term of the multi-year contract. Input is a
non-operating farming company with a portfolio of ten canola streams,
all of which produce canola and revenue for Input in the year the
agreement is signed. Input plans to grow and diversify its low cost
canola production profile through entering into additional multi-year
canola streaming contracts with farmers across western Canada.
Input is focused on farmers with quality production profiles, excellent
upside yield potential, and strong management. Input has completed
canola streaming contracts in Northern Alberta, Western Saskatchewan
and throughout East Central Saskatchewan.
Not many people know much about canola, but the Canadian canola industry
is larger than the more well-known Canadian potash industry.
Canola is the largest and most profitable crop in Canadian agriculture,
generating more than 25% of all farm receipts.
Canadian-grown canola contributes $19.3 billion to the Canadian economy
each year, including more than 249,000 Canadian jobs and $8.2 billion
In 2012, canola was ranked as the 7th most important Canadian export by
value, compared to potash in 10th position.
In 2012, canola was Canada's top export to China, representing a full
16% of all Canadian exports to China.
Canada is the dominant canola exporter in the world, with a 72% global
export market share in 2011/12.
Forward Looking Statements
This release includes forward-looking statements regarding Input and its
business. Such statements are based on the current expectations and
views of future events of Input's management. In some cases the
forward-looking statements can be identified by words or phrases such
as "may", "will", "expect", "plan", "anticipate", "intend",
"potential", "estimate", "believe" or the negative of these terms, or
other similar expressions intended to identify forward-looking
statements. The forward-looking events and circumstances discussed in
this release may not occur and could differ materially as a result of
known and unknown risk factors and uncertainties affecting Input,
including risks regarding the agricultural industry, economic factors
and the equity markets generally and many other factors beyond the
control of Input. No forward-looking statement can be guaranteed.
Forward-looking statements and information by their nature are based on
assumptions and involve known and unknown risks, uncertainties and
other factors which may cause our actual results, performance or
achievements, or industry results, to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statement or information. Accordingly, readers
should not place undue reliance on any forward-looking statements or
information. Except as required by applicable securities laws,
forward-looking statements speak only as of the date on which they are
made and Input undertakes no obligation to publicly update or revise
any forward-looking statement, whether as a result of new information,
future events, or otherwise.
SOURCE: Input Capital Corp.
For further information:
President & CEO
Executive Vice-President & CFO