MINNEAPOLIS, July 19,
2021 /CNW/ - Ceres Global Ag Corp. (TSX: CRP)
("Ceres" or the "Corporation") a global agricultural, energy and
industrial products merchandising and supply chain company, is
pleased to announce that David
Rotenberg has agreed to serve as an additional member of the
Board of Directors of the Corporation, effective July 19, 2021.
David Rotenberg is a Principal at
Bixby Bridge Capital, LLC ("Bixby"), a private investor and lender
founded in 1992 and headquartered in Northbrook, Illinois, and certain affiliates
of Bixby are investors with Ceres's largest shareholder, VN Capital
Fund C, LP. Mr. Rotenberg's investment portfolio includes
commercial real estate, operating businesses, private equity, and
secured financings. He also serves as Bixby's in-house legal
counsel and is licensed to practice law in Illinois. Prior to joining Bixby in 2007, Mr.
Rotenberg practiced law in Chicago. He received a J.D. from the
University of Chicago Law School in
2004 and graduated with honors from Vassar
College in 1999.
"The Ceres Board is pleased to welcome David Rotenberg as its newest Director," said
Douglas Speers, Ceres' Chair of the
Board. "Mr. Rotenberg's broad business background will be very
valuable to the corporation as we continue to execute on our
strategy to become a leading northern-tier grain and oilseed
company in North America."
About Ceres Global Ag Corp. (ceresglobalagcorp.com)
Ceres and its subsidiaries ("Ceres") add value across
agricultural, energy and industrial supply chains through efficient
sourcing, storing, transporting and marketing of high-quality
agricultural commodities, value-added products and raw materials.
Leveraging its network of commodity logistics centers and team of
industry experts, Ceres connects farmers to customers around the
world.
Ceres is headquartered in Golden
Valley, 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 31 million
bushels.
Ceres has a 50% interest in Savage Riverport, LLC (a joint
venture with Consolidated Grain and Barge Co.), a 50% interest in
Farmers Grain, LLC (a joint venture with Farmer's Cooperative Grain
and Seed Association), 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).
For more information about Ceres, please visit
www.ceresglobalagcorp.com
SOURCE Ceres Global Ag Corp.