KITCHENER, ON, Feb. 19, 2015 /CNW/ - Brick Brewing Co. Limited ("Brick" or the "Company") (TSX:BRB) today announced the renewal of a major contract manufacturing agreement through to December 31, 2019. The contract currently represents more than 15% of the annual production volume of the Company.
"The extension of this contract is very exciting news for Brick Brewing" said George Croft, President and Chief Executive Officer. "Our team at Brick has worked very hard to exceed expectations with all of our co-pack customers, and long term renewals like this are a testament to the strength of our manufacturing and quality credentials and the confidence they place in us. We couldn't be more pleased."
Production under the renewed agreement is already underway.
About Brick Brewing
Brick Brewing Co. Limited is Ontario's largest Canadian-owned and Canadian-based publicly held brewery. The Company is a regional brewer of award winning premium quality and value beers. The Company, founded in 1984, was the first craft brewery to start up in Ontario, and is credited with pioneering the present day craft brewing renaissance in Canada. Brick has complemented its Waterloo family of premium craft beers with other popular brands such as Laker, Red Baron, Red Cap and Formosa Springs Draft. Brick trades on the TSX under the symbol BRB. In March 2011, Brick purchased the Canadian rights to the Seagram Coolers and now produces, sells, markets and distributes Seagram Coolers across Canada. Brick trades on the TSX under the symbol BRB. Visit us at www.brickbeer.com.
All statements in this press release that do not directly and exclusively relate to historical facts constitute forward-looking statements as of the date of this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "anticipate", "seek", "plan", "believe" or "continue" or the negatives of these terms or variations of them or similar terminology. Although the Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, undue reliance should not be placed on these forward-looking statements, which are not guarantees and are subject to certain risks, uncertainties and assumptions, which may cause actual performance and financial results to differ materially from such forward-looking statements. The forward-looking statements included in this press release are made only at the date of this press release and, except as required by applicable securities laws, the Corporation does not undertake to publicly update such forward-looking statements to reflect new information, future events or otherwise.
SOURCE Brick Brewing Co. Limited
For further information: George H. Croft, President and CEO, Tel: (519) 742-2732 Ext.147, E-mail: [email protected]