TORONTO, Jan. 8, 2020 /CNW/ - Mimi's Rock Corp.
("Mimi's Rock" or the "Company") (TSXV:MIMI) an online dietary
supplement and wellness company operating the Dr. Tobias, All
Natural Advice and Maritime Naturals brands, is pleased to announce
the Company has entered into an exclusive agreement with WestGoods
Inc. (the "Buyer") for the sale of our brands in The People's
Republic of China.
The Supply Agreement with the Buyer is for a term of five years
and includes minimum sales requirements for the Buyer to maintain
the license. WestGoods Inc. has been successfully distributing the
recently-acquired All Natural Advice products for the past six
months and will now expand distribution with the sale of our Dr.
Tobias and Maritime Narurals lines.
"We have promised our shareholders consistent expansion of
distribution channels and we continue to meet that commitment. When
we acquired the Dr. Tobias brand eighteen months ago, our sales
were to the US market only. Our product lines are now sold in the
US, Canada, Germany the UK, Italy, Australia and China" said Dave
Kohler, CEO of Mimi's Rock.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Mimi's Rock Corp.:
Mimi's Rock Corp. is an online dietary supplement and wellness
company which operates the Dr. Tobias, All Natural Advice and
Maritime Naturals brands. The brand features over 30 products
including the top selling colon cleansing product and the #1
selling Omega 3 Fish Oil on Amazon.com. The Omega 3 Fish Oil is
also the 4th largest subscribe & save product on
Amazon.com. Mimi's Rock has rapid growth plans to continue to
expand into global markets. For more information, visit
https://mimisrock.com.
Forward-Looking Information
This news release includes "forward-looking information," as
such term is defined in applicable securities laws. Forward-looking
information includes, without limitation, discussion of Bloom
Burton and its conference, Mimi's Rock Corp.'s business and
business results, goals or outlook, risks associated with financial
results and stability, development projects such as those
referenced herein, sales to foreign jurisdictions, engineering and
construction, production (including control over costs, quality,
quantity and timeliness of delivery), foreign currency and exchange
rates, maintaining adequate working capital and raising further
capital on acceptable terms or at all, and other similar statements
concerning anticipated future events, conditions or results that
are not historical facts. These statements reflect management's
current estimates, beliefs, intentions and expectations; they are
not guarantees of future performance. The Company cautions that all
forward looking information is inherently uncertain and that actual
performance may be affected by a number of material factors, many
of which are beyond the Company's control. Accordingly, actual
future events, conditions and results may differ materially from
the estimates, beliefs, intentions and expectations expressed or
implied in the forward-looking information. All statements are made
as of the date of this news release and represent the Company's
judgement as of the date of this new release, and the Company is
under no obligation to update or alter any forward-looking
information.
Please visit www.mimisrock.com or www.sedar.com for recent
Mimi's Rock Corp. filings.
SOURCE Mimi’s Rock Corp.