MINNEAPOLIS, MN, May 8, 2020 /CNW/ - Ceres Global Ag Corp. (TSX:
CRP) ("Ceres" or the "Company") announced that it will be reporting
its fiscal third quarter 2020 financial results and completing the
filing of its interim financial statements and related management
discussion and analysis ("Required Interim Filings") on
Thursday, May 28, 2020. In selecting
this date, the Company has relied on an exemption adopted by the
Ontario Securities Commission and provided in Ontario Instrument
51-502 entitled "Temporary Exemption from Certain Corporate Finance
Requirements" ("CF Blanket Order"), which provides a 45-day filing
extension for certain filings required to be made on or before
June 1, 2020 as a result of the
COVID-19 pandemic. In accordance with the CF Blanket Order, the
Company's management and other insiders are subject to a trading
black-out policy until the Required Interim Filings are
completed.
Ceres will hold a conference call to discuss its third quarter
2020 financial and operational results on Friday, May 29, 2020 at 9:00 a.m. ET. Robert Day, Ceres' President
and CEO, and Jay Bierley,
Ceres' CFO, will co-chair the conference call.
All interested parties can join the conference call by dialing
1-888-231-8191 or 647-427-7450, conference ID: 6529419. Please dial
in 15 minutes before the call to secure a line. The conference call
will be archived for replay until Friday,
June 12, 2020 at midnight, ET. To access the archived
conference call, please dial 1-855-859-2056 and enter the encore
code 6529419.
A live audio webcast of the conference call will be available
at:
https://produceredition.webcasts.com/starthere.jsp?ei=1311742&tp_key=22c9f50026
Please connect at least 15 minutes before the conference call to
ensure adequate time for any software download that may be required
to join the webcast. An archived replay of the webcast will be
available for 90 days.
The Company confirms no other material business developments
have occurred since February 12,
2020, the date of the Company's financial statements for the
six-month period ended December 31,
2019, other than those which have been publicly disclosed
via news release.
About Ceres Global Ag Corp. (ceresglobalagcorp.com)
Through its network of commodity logistics centers and team of
industry experts, Ceres 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,
MN and together with its wholly-owned affiliates, operates
12 locations across Saskatchewan,
Manitoba, Ontario, and Minnesota. These facilities have an aggregate
grain and oilseed storage capacity of approximately 30.8 million
bushels.
Ceres also has a 50% interest in Savage Riverport, LLC, a joint
venture with Consolidated Grain and Barge Co., a 50% interest in
Gateway Energy Terminal, an unincorporated 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.
SOURCE Ceres Global Ag Corp.