VANCOUVER, BC, Feb. 22, 2022 /CNW/ - Pontus Protein Ltd. (TSXV:
HULK) (OTCQB: HLKKF) (FSE: 8YC) ("Pontus" or the
"Company") is pleased to comment on recent changes and
broadening of expertise to the Company's board of directors (the
'Board").
The Company is pleased to announce that Mr. David Enser has been appointed to the Board to
fill the casual vacancy created by the resignation of Mr.
Jeremy Wright from the Board. Mr.
Enser brings his significant CPG, foodservice and distribution
experience to Pontus, most recently as President and CEO of
Revolution Tea. Over his 20 years of experience, Mr. Enser has
developed direct relationships with several industry giants such as
Walmart, Target, Kroger, Safeway, World Market, Publix,
Ross Stores, Costco, and Vitamin
Shoppe. Mr. Enser has been responsible for developing distribution
partnerships into the grocery, convenience, drug chain & drug
wholesalers, mass, dollar, vending, food manufacturing, food
service and hotel & hospitality markets. Most recently, during
his tenure at Revolution Tea, Mr. Enser managed the Kraft
foodservice sales program into the Technomic Top 500 and led his
team to win supply agreements with Avendra and IHOP.
"At some point in my career, I became very aware of the positive
impact CPG brands could make, not only on the environment but also
on the lives of the people all along the supply chain who
contribute to the success of the brands," stated Mr. Enser. "As I
began to implement small changes for sustainability and social
accountability, I realized that it was really 'people' that are my
true passion. In other words, it is really easy to make a change to
move packaging from plastics to biodegradable materials, but how
can I help people live better lives? How can I help people have
better opportunities? How can I help people move beyond survival
and really thrive? So, I promised myself that if something came
along that could potentially change how the world works, with net
results that benefit people, I would jump on it and put my best
effort and experience into achieving that change. Pontus Protein
offers new technologies in food production that can improve
people's lives – and so, the work begins!"
Commenting on behalf of the Board, Connor Yuen, Pontus' CEO, said, "I'd firstly
like to thank Jeremy for his support since the Company was first
created and for his continued input as we build Pontus. Everyone at
Pontus wishes him success in his future endeavours. Moving forward,
Pontus' future is very bright, and on behalf of the Board, we are
thrilled to be welcoming David to the Board. His vision aligns with
Pontus' to reinvent agriculture. He has proven results in
manufacturing, distribution and commercialization. With that
experience, he will help support our continued growth as we look to
ramp up our move into the distribution of our range of
products."
About Pontus Protein Ltd.
Pontus Protein Ltd. is a Vancouver,
B.C. based agricultural technology company that will enable
millions to rethink their food choices while helping people do the
world a world of good. By offering sustainably grown plant based
food options that are nutritious and delicious, we're helping this
kind of diet become the norm.
Pontus is reinventing agriculture with their proprietary Closed
Environment Vertical Aquaponic System (CEVAS) – the farming of the
future. Pontus specializes in the indoor vertical farming of water
lentils that use 95% less water than traditional agriculture and no
pesticides or chemicals. Pontus is committed to solving the global
food crisis by providing access to sustainable indoor biosecure
pure plant based proteins. Pontus' water lentils can be harvested
every 24 hours, exceed organic certification, and can be grown in
any climate in a relatively small area. Our water lentil protein is
filled with antioxidants, minerals, vitamins and all the amino
acids, making a complete protein food source. Pontus aims to
revolutionize the plant based sector as the entire sector is
currently based on two main protein sources: soy and pea. Water
lentil protein is far superior to pea and soy protein. It contains
over 40% protein vs. 5-36% protein*, and Pontus aims to be the base
protein for plant based food products, leading to the movement
transitioning the world from meat based to plant based
proteins.
To learn more, please visit pontuswaterlentils.com, where you
can also find an interview with Mr. Enser.
On behalf of the Board of Directors
"Connor Yuen"
Connor Yuen, CEO
Pontus Protein Ltd.
Forward-Looking Information
Certain statements in this release are forward-looking
statements, which reflect management's expectations regarding the
Company. Forward-looking statements consist of statements that are
not purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future, including,
but not limited to, statements relating to Pontus' ability to
revolutionize the plant based sector and enable millions to rethink
their food choices. Such statements are subject to risks and
uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements, including risks related to factors beyond the control
of the Company. These risks include, but are not limited to, the
following: the unknown magnitude and duration of the effects of the
COVID-19 pandemic, the failure of Pontus to receive the necessary
approvals from the Canadian Food Inspection Agency for its products
and facilities, the inability to complete Pontus' Surrey Facility,
as well as other general business, economic, or market related
risks beyond the director control of the Company and which may
affect the Company's business, operations, or products. No
assurance can be given that any of the events anticipated by the
forward-looking statements will occur or, if they do occur, what
benefits the Company will obtain from them. The Company undertakes
no obligation to update forward-looking information if
circumstances or management's estimates or opinions should change,
unless required by law. The reader is cautioned not to place undue
reliance on forward-looking information.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accept responsibility for the adequacy
or accuracy of this release.
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SOURCE Pontus Protein Ltd.
