Leading Brands, Inc. Announces Results of 2016 Annual Meeting
July 05 2016 - 8:30AM
Leading Brands, Inc.
(NASDAQ:LBIX)
, North America’s only fully
integrated healthy beverage company, announces the results of its
June 22, 2016 Annual General Meeting.
The Company is pleased to report that all resolutions presented
to the Company’s June 22, 2016 Annual Meeting passed by a wide
margin and that Ralph McRae and Darryl Eddy were re-elected as
directors of the Company.
The Company has also entered into an agreement to supply
HappyWater® in both 500ml bottles and its proprietary WaterBox™ to
a significant customer in China. The first shipment is
anticipated to occur in Q3.
About Leading Brands, Inc.
Leading Brands, Inc. (NASDAQ:LBIX) is North America’s only fully
integrated healthy beverage company. Leading Brands creates,
designs, bottles, distributes and markets its own proprietary
premium beverage brands via its unique Integrated Distribution
System (IDS)™ which involves the Company finding the best and most
cost-effective route to market.
Forward Looking Statements
Certain information contained in this press release includes
forward-looking statements. Words such as “believe”,
“expect,” “will,” or comparable terms, are intended to identify
forward-looking statements concerning the Company’s expectations,
beliefs, intentions, plans, objectives, future events or
performance and other developments. All forward-looking
statements included in this press release are based on information
available to the Company on the date hereof. Such statements
speak only as of the date hereof. Important factors that
could cause actual results to differ materially from the Company’s
estimations and projections are disclosed in the Company’s
securities filings and include, but are not limited to, the
following: general economic conditions, weather conditions,
changing beverage consumption trends, pricing, availability of raw
materials, economic uncertainties (including currency exchange
rates), government regulation, managing and maintaining growth, the
effect of adverse publicity, litigation, competition and other risk
factors described from time to time in securities reports filed by
Leading Brands, Inc. For all such forward-looking statements, we
claim the safe harbor for forward looking statements within the
meaning of the Private Securities Litigation Reform Act of
1995.
©2016 Leading Brands, Inc.
This news release is available at
www.LBIX.com
FOR IMMEDIATE RELEASE
CONTACT:
Leading Brands, Inc.
Tel: (604) 685-5200
Email: info@LBIX.com
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