Business
Canyon Creek Food Company Ltd. Announces Fiscal 2007 Q1 Results
Canyon Creek Food Company Ltd. Announces Fiscal 2007 Q1 Results.
About this update from Canyon Creek Food Company Ltd.
[{"type":"text","content":"\n\n\n\n\nTSXV Symbol: CYF\n\nCALGARY, Oct. 30 /CNW/ - Canyon Creek Food Company Ltd. (\"Canyon Creek\"),\na food processing company listed on the TSX Venture Exchange under the trading\nsymbol \"CYF\", is pleased to announce its first quarter of fiscal 2007 results.\nListed below are some of the highlights of the quarter:\n\n>\n\nTerence Alty, President, states \"We didn't anticipate strong sales growth\nthis quarter due to seasonality and the loss of clam chowder sales. Summer\nmonths are generally slower for soup sales. We continue to put a lot of\nresources into bringing on our major retail contract. The company anticipates\nthat the full contracted retail volumes will materialize in Q3 and Q4 of\nfiscal 2007. We are also committed to ensuring that Canyon Creek continues to\nbuild on successes of the past year and capitalize on the strength of our\nproducts and our people.\"\n\nCanyon Creek is a food processing company based in Calgary and Edmonton,\nAlberta providing fresh soups and other prepared food products for today's\nhealth conscious consumer. The company provides its fresh food product line to\nboth grocery retailers and a broad range of food service establishments such\nas restaurants and institutions through out Canada.\n\nThis news release contains forward-looking statements which involve known\nand unknown risks, delays and uncertainties not under Canyon Creek's control\nwhich may cause actual results, performance or achievements of Canyon Creek to\nbe materially different from the results, performance or expectations implied\nby these forward-looking statements.\nThis press release shall not constitute an offer to sell or the\nsolicitation of an offer to buy the securities in any jurisdiction. The\nsecurities offered have not and will not be registered under the United States\nSecurities Act of 1933, as amended, or any state securities laws and may not\nbe offered or sold in the United States absent registration or an applicable\nexemption from the registration requirement.\n\nThe TSX Venture Exchange has neither approved nor disapproved of the\ncontents of this press release.\n%SEDAR: 00004242E\n\n\n","length":2676,"tagName":"div"}]