MINNEAPOLIS, MN, Jan. 6, 2020 /CNW/ - Ceres Global Ag Corp. (TSX:
CRP) ("Ceres" or the "Company") announced today that is has further
strengthened its commercial and executive teams with the addition
of Mr. Carlos Paz, who will assume
the role of Vice President and Commercial Director as of
January 6th, 2020. Mr. Paz will
manage all commercial activities and teams related to Ceres'
agricultural-related businesses: Grain, Oilseed & Pulse Trading
& Merchandizing, Oilseed Crush, Specialty Crops/Blending and
Seeds.
Mr. Paz has over 25 years of experience in a wide variety of
trading, merchandizing and management roles across North America, Latin
America and Europe, working
for companies such as Continental Grain, Cargill, and most recently Freepoint
Commodities. Mr. Paz holds bachelor's degrees in General Business
Management and Agricultural Economics from Kansas State University.
"The addition of Carlos Paz
further strengthens our commercial and executive teams," said Mr.
Robert Day, President and Chief
Executive Officer at Ceres. "Mr. Paz's extensive experience across
many commodity groups and geographies, and in senior leadership
positions will serve the company well as we continue to execute on
our growth strategy."
About Ceres Global Ag Corp. (ceresglobalagcorp.com)
Through its network of commodity logistics centers and team of
industry experts, Ceres Global merchandizes high-quality North
American agricultural commodities and value-added products and
provides reliable supply chain logistics services to agricultural,
energy and industrial customers worldwide.
Ceres is headquartered in Minneapolis,
Minnesota, and together with its affiliated companies,
operates 13 locations across Saskatchewan, Manitoba, Ontario, and Minnesota. These facilities have an aggregate
grain and oilseed storage capacity of approximately 30.8 million
bushels.
Ceres Global has a 50% interest in Savage Riverport, LLC, a
joint venture with Consolidated Grain and Barge Co., a 50% in
Gateway Energy Terminal, a joint venture with Steel Reef
Infrastructure Corp., a 25% interest in Stewart Southern Railway
Inc., a short-line railway located in southeast Saskatchewan with a range of 130 kilometers,
and a 17% interest in Canterra Seed Holdings Ltd, a Canada-based seed development company.
Cautionary Notice: This news release contains
"forward-looking information" within the meaning of applicable
Canadian securities legislation and United States securities laws. Forward-looking
information may include but is not limited to, statements regarding
the timing and completion of the Private Placement and the proposed
use of proceeds. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"expects," "intends," "anticipates," "believes" or variations of
such words and phrases or statements that certain actions, events
or results "may," "could," "would" or "might," "be taken," "occur"
or "be achieved." Forward-looking information is based on the
opinions and estimates of management at the date the information is
made and is based on a number of assumptions and subject to a
variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those
projected in the forward-looking information. There can be no
assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such information. Ceres
undertakes no obligation to update forward-looking information if
circumstances or management's estimates or opinions should change,
except as required by applicable securities laws. The reader is
cautioned not to place undue reliance on forward-looking
information.
For more information about Ceres, please visit
www.ceresglobalagcorp.com
SOURCE Ceres Global Ag Corp.