Agoracom Blog

Urban Barns Announces Management Changes

Posted by AGORACOM-JC at 2:55 PM on Thursday, July 2nd, 2015

  • Mr. Horst Hueniken has stepped down as Chairman of the Board, although he remains a Director of the Company. Existing Director Mr. Jeremy Kendall, who takes on the additional responsibility of Chairman, replaces him.
  • Mr. Richard Groome has resigned as President and CEO but remains a Director of Urban Barns.
  • Mr. Hueniken has replaced Mr. Groome in those roles with a mandate to re-focus Urban Barns on selling premium priced Kosher-certified product and to improve the Company’s financial performance. Mr. Hueniken will also continue to act as the Company’s Secretary and Treasurer.

MIRABEL, QC / ACCESSWIRE / July 2, 2015 / Urban Barns Foods Inc. (OTCQB: URBF) (“Urban Barns” or “the Company”), a vertical farming company that produces Kosher-certified leafy vegetables using its proprietary Cubic Farming(TM) technology, has made the following changes to the Company’s management.

Mr. Horst Hueniken has stepped down as Chairman of the Board, although he remains a Director of the Company. Existing Director Mr. Jeremy Kendall, who takes on the additional responsibility of Chairman, replaces him. Mr. Richard Groome has resigned as President and CEO but remains a Director of Urban Barns. Mr. Hueniken has replaced Mr. Groome in those roles with a mandate to re-focus Urban Barns on selling premium priced Kosher-certified product and to improve the Company’s financial performance. Mr. Hueniken will also continue to act as the Company’s Secretary and Treasurer.

About Urban Barns Foods Inc.

Urban Barns uses patent pending and proprietary growing equipment to produce premium quality, chemical-free and non-GMO leafy vegetables in a secure and controlled indoor environment, including lettuce and basil that is Kosher-certified.

Forward-Looking Statements

Except for historical information contained herein, the matters set forth above may include forward-looking statements that involve certain risks and uncertainties. Words such as “may”, “could”, “anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”, and similar expressions are used to identify forward-looking statements. These forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements. Urban Barns does not undertake any obligation to update any forward-looking statements and cautions investors to consider all other risks and uncertainties, including those disclosed in Urban Barns’ filings with the United States Securities and Exchange Commission.

For further information, contact:

Urban Barns Foods Inc.
Horst Hueniken, President and CEO
[email protected]nbarns.com
Tel: +1 (416) 569-5810
www.urbanbarns.com

Tags: , , , ,

Comments are closed.