Prime Drink Group Announces a Massive Production Increase for Glutenberg and its Return to Shelves: Thousands of Outlets in Canada and the U.S. Soon to be Supplied

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Published Dec 11, 2024  •  3 infinitesimal read

Glutenberg beers GNW

Company receives orders successful excess of 40,000 cases

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MONTREAL, Dec. 11, 2024 (GLOBE NEWSWIRE) — Prime Drink Group Corp. (CSE: PRME) (“Prime” oregon the “Company”) is pleased to denote that, aft respective months of intermittent accumulation of its renowned Glutenberg beer, it has permanently resolved its accumulation issues and accrued accumulation to much mean levels, with plans to further summation accumulation successful 2025.

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The Company has besides received orders for much than 40,000 cases, the bulk of which volition beryllium fulfilled successful 2025. In caller weeks, Prime’s brewing squad has worked tirelessly to nutrient implicit 10,000 cases of its best-selling gluten-free beers, Blonde and IPA, and plans to marque its different flavours disposable successful the coming months. Glutenberg is sold successful thousands of retail locations successful Québec, astatine the LCBO successful the remainder of Canada and successful 42 states successful the U.S.

Olivier Primeau, VP Marketing, Strategic Vision and Acquisitions, said: “Despite past accumulation issues, Glutenberg continues to spot expanding request from consumers crossed North America. We are thrilled to person permanently resolved our issues and look guardant to increasing our marque again. The resumption of mean accumulation is the effect of the exceptional teamwork and dedication of our brewing team, and we sincerely convey each of our loyal partners and consumers who person patiently waited for Glutenberg to instrumentality to the market!”

About Prime Drink Group
Prime Drink Group Corp (CSE: PRME) is simply a Québec-based corp focused connected becoming a starring diversified holding institution successful the beverage, influencer media and hospitality sectors.

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Forward-Looking Information
This property merchandise contains “forward-looking information” wrong the meaning of applicable Canadian securities legislation. Generally, forward-looking accusation tin beryllium identified by the usage of forward-looking terminology specified arsenic “plans”, “expects” oregon “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” oregon “does not anticipate”, oregon “believes”, oregon variations (including antagonistic and grammatical variations) of specified words and phrases oregon authorities that definite acts, events oregon results “may”, “could”, “would”, “might” oregon “will beryllium taken”, “occur” oregon “be achieved”.

Forward-looking accusation successful this property merchandise whitethorn include, without limitation, statements relating to Prime’s accumulation issues, and the existent and imaginable marketplace for Glutenberg.

These statements are based upon assumptions that are taxable to important risks and uncertainties, including risks regarding the beverage industry, management’s quality to integrate Target’s concern into the Company’s concern and execute its concern plan, marketplace conditions, wide economical factors, management’s quality to execute its concern plan, capable owed diligence being provided by Target, nary adverse alteration successful applicable regulations, changes successful user selling and merchandise preferences, and the equity markets generally. Because of these risks and uncertainties and arsenic a effect of a assortment of factors, the existent results, expectations, achievements oregon show of Prime whitethorn disagree materially from those anticipated and indicated by these forward-looking statements. Any fig of factors could origin existent results to disagree materially from these forward-looking statements arsenic good arsenic aboriginal results. Although Prime believes that the expectations reflected successful forward-looking statements are reasonable, they tin springiness nary assurances that the expectations of immoderate forward-looking statements volition beryllium to beryllium correct. Except arsenic required by law, Prime disclaims immoderate volition and assumes nary work to update oregon revise immoderate forward-looking statements to bespeak existent results, whether arsenic a effect of caller information, aboriginal events, changes successful assumptions, changes successful factors affecting specified forward-looking statements oregon otherwise.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts work for the adequacy oregon accuracy of this release.

A photograph accompanying this announcement is disposable astatine https://www.globenewswire.com/NewsRoom/AttachmentNg/3d2279a6-6ae7-4a25-8cf5-f5aee8441852

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