|
(MoneyNewsWire.Net, January 22, 2015 ) -- Press Release Distribution Services --
VANCOUVER, BC – Gourmet Ocean Products Inc. (“Gourmet” or the “Company”) (TSX-V: GOP) reports that it has completed the purchase of approximately 400,000 pounds of mature sea cumber. This purchase is in addition to the 300,000 pound purchase as reported in Gourmet’s last news release (November 10th, 2014). This purchase brings the total sea cumber purchased, since September 1, 2014, to approximately 700,000 pounds. The current wholesale, market price for sea cucumber is estimated to be between CAD $12 and $15 per pound. The product was sourced from Washington State, British Columbia and Alaska and it has been processed (cooked and salted) in Vancouver and Alaska. Approximately 480,000 pounds has been shipped to China and the Company plans to sell the product to distributors and retailers, throughout the 2015 winter season.
The purchase and sale of fully-grown shellfish represents an important part of the Company’s business strategy to generate multiple revenue streams as well as offset the seasonality of shellfish production.
About Gourmet Ocean Products Inc.
Gourmet is a B.C.-based aquaculture company specializing in the production, distribution, marketing, and sale of high-quality specialty seafood products including sea cucumbers, scallops, goeducks and oysters with distribution to customers worldwide. Gourmet’s goal is to become a global leader in cold-water aquaculture.
ON BEHALF OF THE BOARD
“Peter Hughes”
Peter Hughes, Chief Executive Officer
GOURMET OCEAN PRODUCTS INC.
T: 778-328-8898
E: petehughes@me.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities by the Company to be made in the United States will be made by means of a prospectus, which may be obtained from the Company and will contain detailed information about the Company and its management, as well as financial statements.
Gourmet Ocean Products Inc.
Peter Hughes, Chief Executive Officer
778-328-8898
petehughes@me.com
Source: EmailWire.Com 
|
