TSXV Symbol: CYF
CALGARY, Sept. 1 /CNW/ - Canyon Creek Food Company Ltd. ("Canyon Creek"),
listed on the TSX Venture Exchange Inc. under the trading symbol "CYF", is
pleased to announce that it has secured an operating line of credit with the
Bank of Montreal. This line of credit will be used to finance the day-to-day
operations of the company. The Bank of Montreal line represents a significant
increase in the current operating line of credit in place for Canyon Creek.
Terence Alty, President of Canyon Creek Soup Company states, "This increase in
the company's operating line of credit is a significant and necessary step in
delivering on the recent major contracts acquired by the company. We are
pleased to be associated with Bank of Montreal, and look forward to a long,
successful financial relationship."
About Canyon Creek
------------------
Canyon Creek is a food processing company based in Calgary and Edmonton,
Alberta providing fresh soups and other prepared food products for today's
health conscious consumer. The company provides its fresh food product line to
both grocery retailers and a broad range of food service establishments such
as restaurants and institutions throughout Canada.
The TSX Venture Exchange has neither approved or disapproved
of the contents of this press release.
%SEDAR: 00004242E
