REGINA, Jan. 10, 2014 /CNW/ - Input Capital Corp. ("Input") (TSX Venture
Exchange: INP) expressed its support today for the Canola Council of
Canada's new 10-year plan to capitalize on the world's growing appetite
for healthier oils and protein. Yesterday, the Council announced its
goal to increase canola production in Canada to meet 26 million tonnes
of global demand and boost yield to an average of 52 bushels/acre by
Input CEO Doug Emsley said, "Not only do we support the Canola Council's
plans to continue increasing canola crop yields, we're investing in it.
To date, we've raised over $65 million to invest in canola streaming
deals with Canadian canola farmers. Our program is designed
specifically to make farmers more profitable and help them grow the
canola yield potential on their farms."
Input Vice-President of Market Development Gord Nystuen said, "Farmers
across western Canada are discovering the benefit that comes from
having a solid, well-capitalized financial partner. We provide cash to
strengthen the balance sheets of Canadian canola farmers so they can
take advantage of the many exciting opportunities for higher canola
yields and profitability."
Input Capital recently launched a new website for Canadian canola
farmers about canola streaming at www.growyourpotential.ca.
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 contract. Input is a non-operating
farming company with a portfolio of ten canola streams, all of which
produce canola and revenue for Input within a year of the agreement
being signed. Input plans to grow and diversify its low cost canola
production profile through entering into additional canola streaming
contracts with farmers across western Canada.
Input is focused on farmers with quality production profiles, excellent
upside yield potential, and strong management teams. Input has
completed canola streaming contracts in Northern Alberta, Western
Saskatchewan and throughout East Central Saskatchewan.
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