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Xylitol Canada Generates $1.9M in Revenue For 3 Months Ended Mar. 31, 2015

Posted by AGORACOM-JC at 4:53 PM on Thursday, May 28th, 2015

  • $1.9M in Revenue For 3 Months Ended Mar. 31, 2015
  • Q1 numbers were down slightly and is easily attributed to the West Coast port strike that made it difficult to get timely delivery of our Organic Coconut Palm Sugar

TORONTO, ONTARIO–(May 28, 2015) – Xylitol Canada Inc. (“Xylitol Canada“, or the “Company“) (TSX VENTURE:XYL) today announces that it has released its financial and operating results for the three months ended March 31, 2015.

Highlights of the results include:

Commented Andrew Reid CEO of Xylitol Canada: “While our year over year Q1 numbers were down slightly, it is easily attributed to the West Coast port strike that made it difficult for us to get timely delivery of our Organic Coconut Palm Sugar. We were forced to push some deliveries and commitments into Q2, however we don’t expect this strike, which has now been resolved, to have any material impact on our 2015 numbers. On a positive note, the Company deployed its new pricing structure on March 31 to customers throughout North America. This pricing adjustment came as a response to raw material price adjustments, and more so to compensate for the strong US dollar that negatively affected the part of our USA based product business that billed Canadian customers in Canadian dollars.”

The full text of the Company’s interim consolidated financial statements and related management’s discussion and analysis (“MD&A”) can be found at: www.sedar.com.

About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America. Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is a natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier. For further information about the Company, please contact 1-866-995-9952, or by email at[email protected].

Neither TSX Venture Exchange Inc. 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.

Contact:

CLIENT FEATURE: Xylitol (XYL:TSX-V) Natural Sweetener Co with $8.6M in Revenues for 2014

Posted by AGORACOM-JC at 12:09 PM on Wednesday, May 13th, 2015

Financial Highlights

  • $8,600,000 in revenue for 2014 up from $6,500,000 in 2013

Marquee Customers Include:

Strong Institutional Ownership

  • Dundee Corp 29%
  • SunOpta BioProcess Inc. 26%

What is Xylitol you ask?

  • Xylitol is a sugar alcohol – and no, that doesn’t mean there’s alcohol in it. It’s also known as a polyol. Sugar alcohols contain fewer calories and fewer carbohydrates than other sweeteners. Replacing sugar with xylitol can be helpful if you’re trying to lose weight or even to help prevent weight gain.

What does xylitol taste like?

  • Xylitol is a white crystalline granule that looks and tastes like sugar. The good news is that it doesn’t have the negative side effects associated with sugar. Xylitol is low-calorie, low-carb, diabetic safe and we think it’s guilt free!

Where does your xylitol come from?

  • Xyla brand xylitol is extracted from North American grown hardwood trees, and it’s delicious. We believe the practices employed in the harvesting and processing of our xylitol are ecologically sustainable. Xylitol is also naturally occurring in many fruits and vegetables. Did you know the human body makes about 15 grams of xylitol per day?

Xylitol Canada, Inc. emerged in 2004 as a reseller and distributor of Xylitol and Xylitol products. Based in Toronto, Ontario, the company continued to grow and develop additional brands under the names Sweet Diabetic Delight and Xylitol Canada. Realizing the market potential for high quality, readily available, and consistently priced Xylitol and Xylitol products, the Company broadened its strategic vision in 2009.

Realizing that the void in the Xylitol market was based on inadequate supply and lack of awareness, the company initiated a 2-tier business expansion plan that sought to solve both of these problems. With the vision of a full scale North American Xylitol production facility as a critical element of this strategy, the Company reached out to the Capital markets and formally went public in April of 2010. With the capital base to aggressively address the marketplace, the company immediately began executing its business plan.

Xylitol In The Media

Daytime Toronto – Rogers TV (Aug 2013) – Julie Reid from Xylitol Canada appears with Mari Loewen from Anna Magazine to make some delicious recipes using North American hardwood derived Xyla xylitol.

Daytime Ottawa – Rogers TV (June 2013) – Xylitol Canada’s Julie Reid and naturopath Helene Huot discuss the benefits of Xyla xylitol and share great summer recipes using Xyla.

Is Sugar Toxic? – 60 Minutes (May 4th, 2013) – Sugar is the most addictive substance on earth. It’s also the most dangerous and toxic substance anyone can consume. Sugar has similar affects on the brain like cocaine. Heart disease, cancer, diabetes type II and many more are linked to processed sugar.

Sugary Drinks Linked To 180,000 Deaths Worldwide – CNN (March 19, 2013) – “One in every 100 deaths from obesity-related diseases is caused by drinking sugary beverages,” says study author Gitanjali Singh, a postdoctoral research fellow at the Harvard School of Public Health.

Xylitol Canada Generates $8.6M in Revenue For 2014, 32% Increase YoY

Posted by AGORACOM-JC at 4:39 PM on Thursday, April 30th, 2015

TORONTO, ONTARIO–(April 30, 2015) – Xylitol Canada Inc. (“Xylitol Canada“, or the “Company“) (TSX VENTURE:XYL) today announces that it has released its financial and operating results for the Fiscal year ending December 31, 2014 in addition to the 4th Quarter results for the period of October 1, 2014 to December 31, 2014.

“We are very pleased to announce over $8,600,000 in revenue up from $6,500,000 last year. Continued new customer acquisition combined with SKU expansion into our existing customer base were both key contributors to our sales growth. While margins were compressed due to the strong US Dollar, we have adjusted pricing where we had this exposure and we are confident our margins will normalize in the coming quarters. The market continues to be very strong for our products due to the heightened concerns over refined sugar and artificial sweeteners. We continue to remain excited about the future for our Company and our premium natural products,” commented Andrew Reid, CEO of Xylitol Canada.

The full text of the Company’s interim consolidated financial statements and related management’s discussion and analysis (“MD&A”) can be found at: www.sedar.com.

About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America. Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is a natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier. For further information about the Company, please contact 1-866-995-9952, or by email at [email protected].

Neither TSX Venture Exchange Inc. 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.

Contact Information

CLIENT FEATURE: Xylitol (XYL:TSX-V) Natural Sweetener Co with $2.2M in Revenue for Q3

Posted by AGORACOM-JC at 3:59 PM on Tuesday, March 31st, 2015

Financial Highlights

  • Revenues For the third quarter ended September 30, 2014 was $2.2M versus $1.4M for the same period last year.
  • Revenues for the nine months ended September 30, 2014 was $6.3M versus $3.9M for the same period last year.
  • For the twelve months ended December 31, 2013, sales increased by 87% to $6,508,998, compared to $3,473,053 for the twelve months ended December 31, 2012.

Marquee Customers Include:

Strong Institutional Ownership

  • Dundee Corp 29%
  • SunOpta BioProcess Inc. 26%

What is Xylitol you ask?

  • Xylitol is a sugar alcohol – and no, that doesn’t mean there’s alcohol in it. It’s also known as a polyol. Sugar alcohols contain fewer calories and fewer carbohydrates than other sweeteners. Replacing sugar with xylitol can be helpful if you’re trying to lose weight or even to help prevent weight gain.

What does xylitol taste like?

  • Xylitol is a white crystalline granule that looks and tastes like sugar. The good news is that it doesn’t have the negative side effects associated with sugar. Xylitol is low-calorie, low-carb, diabetic safe and we think it’s guilt free!

Where does your xylitol come from?

  • Xyla brand xylitol is extracted from North American grown hardwood trees, and it’s delicious. We believe the practices employed in the harvesting and processing of our xylitol are ecologically sustainable. Xylitol is also naturally occurring in many fruits and vegetables. Did you know the human body makes about 15 grams of xylitol per day?

Xylitol Canada, Inc. emerged in 2004 as a reseller and distributor of Xylitol and Xylitol products. Based in Toronto, Ontario, the company continued to grow and develop additional brands under the names Sweet Diabetic Delight and Xylitol Canada. Realizing the market potential for high quality, readily available, and consistently priced Xylitol and Xylitol products, the Company broadened its strategic vision in 2009.

Realizing that the void in the Xylitol market was based on inadequate supply and lack of awareness, the company initiated a 2-tier business expansion plan that sought to solve both of these problems. With the vision of a full scale North American Xylitol production facility as a critical element of this strategy, the Company reached out to the Capital markets and formally went public in April of 2010. With the capital base to aggressively address the marketplace, the company immediately began executing its business plan.

Xylitol In The Media

Daytime Toronto – Rogers TV (Aug 2013) – Julie Reid from Xylitol Canada appears with Mari Loewen from Anna Magazine to make some delicious recipes using North American hardwood derived Xyla xylitol.

Daytime Ottawa – Rogers TV (June 2013) – Xylitol Canada’s Julie Reid and naturopath Helene Huot discuss the benefits of Xyla xylitol and share great summer recipes using Xyla.

Is Sugar Toxic? – 60 Minutes (May 4th, 2013) – Sugar is the most addictive substance on earth. It’s also the most dangerous and toxic substance anyone can consume. Sugar has similar affects on the brain like cocaine. Heart disease, cancer, diabetes type II and many more are linked to processed sugar.

Sugary Drinks Linked To 180,000 Deaths Worldwide – CNN (March 19, 2013) – “One in every 100 deaths from obesity-related diseases is caused by drinking sugary beverages,” says study author Gitanjali Singh, a postdoctoral research fellow at the Harvard School of Public Health.

CLIENT FEATURE: Xylitol (XYL:TSX-V) Natural Sweetener Co with $2.2M in Revenue for Q3

Posted by AGORACOM-JC at 10:25 AM on Tuesday, February 3rd, 2015

Financial Highlights

  • Revenues For the third quarter ended September 30, 2014 was $2.2M versus $1.4M for the same period last year.
  • Revenues for the nine months ended September 30, 2014 was $6.3M versus $3.9M for the same period last year.
  • For the twelve months ended December 31, 2013, sales increased by 87% to $6,508,998, compared to $3,473,053 for the twelve months ended December 31, 2012.

Marquee Customers Include:

Strong Institutional Ownership

  • Dundee Corp 29%
  • SunOpta BioProcess Inc. 26%

What is Xylitol you ask?

  • Xylitol is a sugar alcohol – and no, that doesn’t mean there’s alcohol in it. It’s also known as a polyol. Sugar alcohols contain fewer calories and fewer carbohydrates than other sweeteners. Replacing sugar with xylitol can be helpful if you’re trying to lose weight or even to help prevent weight gain.

What does xylitol taste like?

  • Xylitol is a white crystalline granule that looks and tastes like sugar. The good news is that it doesn’t have the negative side effects associated with sugar. Xylitol is low-calorie, low-carb, diabetic safe and we think it’s guilt free!

Where does your xylitol come from?

  • Xyla brand xylitol is extracted from North American grown hardwood trees, and it’s delicious. We believe the practices employed in the harvesting and processing of our xylitol are ecologically sustainable. Xylitol is also naturally occurring in many fruits and vegetables. Did you know the human body makes about 15 grams of xylitol per day?

Xylitol Canada, Inc. emerged in 2004 as a reseller and distributor of Xylitol and Xylitol products. Based in Toronto, Ontario, the company continued to grow and develop additional brands under the names Sweet Diabetic Delight and Xylitol Canada. Realizing the market potential for high quality, readily available, and consistently priced Xylitol and Xylitol products, the Company broadened its strategic vision in 2009.

Realizing that the void in the Xylitol market was based on inadequate supply and lack of awareness, the company initiated a 2-tier business expansion plan that sought to solve both of these problems. With the vision of a full scale North American Xylitol production facility as a critical element of this strategy, the Company reached out to the Capital markets and formally went public in April of 2010. With the capital base to aggressively address the marketplace, the company immediately began executing its business plan.

Xylitol In The Media

Daytime Toronto – Rogers TV (Aug 2013) – Julie Reid from Xylitol Canada appears with Mari Loewen from Anna Magazine to make some delicious recipes using North American hardwood derived Xyla xylitol.

Daytime Ottawa – Rogers TV (June 2013) – Xylitol Canada’s Julie Reid and naturopath Helene Huot discuss the benefits of Xyla xylitol and share great summer recipes using Xyla.

Is Sugar Toxic? – 60 Minutes (May 4th, 2013) – Sugar is the most addictive substance on earth. It’s also the most dangerous and toxic substance anyone can consume. Sugar has similar affects on the brain like cocaine. Heart disease, cancer, diabetes type II and many more are linked to processed sugar.

Sugary Drinks Linked To 180,000 Deaths Worldwide – CNN (March 19, 2013) – “One in every 100 deaths from obesity-related diseases is caused by drinking sugary beverages,” says study author Gitanjali Singh, a postdoctoral research fellow at the Harvard School of Public Health.

12 Month Stock Chart

FEATURE: Xylitol (XYL:TSX-V) Natural Sweetener Co with $2.2M in Revenue for Q3

Posted by AGORACOM-JC at 10:45 AM on Tuesday, January 6th, 2015

Financial Highlights

  • Revenues For the third quarter ended September 30, 2014 was $2.2M versus $1.4M for the same period last year.
  • Revenues for the nine months ended September 30, 2014 was $6.3M versus $3.9M for the same period last year.
  • For the twelve months ended December 31, 2013, sales increased by 87% to $6,508,998, compared to $3,473,053 for the twelve months ended December 31, 2012.

Marquee Customers Include:

Strong Institutional Ownership

  • Dundee Corp 29%
  • SunOpta BioProcess Inc. 26%

What is Xylitol you ask?

  • Xylitol is a sugar alcohol – and no, that doesn’t mean there’s alcohol in it. It’s also known as a polyol. Sugar alcohols contain fewer calories and fewer carbohydrates than other sweeteners. Replacing sugar with xylitol can be helpful if you’re trying to lose weight or even to help prevent weight gain.

What does xylitol taste like?

  • Xylitol is a white crystalline granule that looks and tastes like sugar. The good news is that it doesn’t have the negative side effects associated with sugar. Xylitol is low-calorie, low-carb, diabetic safe and we think it’s guilt free!

Where does your xylitol come from?

  • Xyla brand xylitol is extracted from North American grown hardwood trees, and it’s delicious. We believe the practices employed in the harvesting and processing of our xylitol are ecologically sustainable. Xylitol is also naturally occurring in many fruits and vegetables. Did you know the human body makes about 15 grams of xylitol per day?

Xylitol Canada, Inc. emerged in 2004 as a reseller and distributor of Xylitol and Xylitol products. Based in Toronto, Ontario, the company continued to grow and develop additional brands under the names Sweet Diabetic Delight and Xylitol Canada. Realizing the market potential for high quality, readily available, and consistently priced Xylitol and Xylitol products, the Company broadened its strategic vision in 2009.

Realizing that the void in the Xylitol market was based on inadequate supply and lack of awareness, the company initiated a 2-tier business expansion plan that sought to solve both of these problems. With the vision of a full scale North American Xylitol production facility as a critical element of this strategy, the Company reached out to the Capital markets and formally went public in April of 2010. With the capital base to aggressively address the marketplace, the company immediately began executing its business plan.

Xylitol In The Media

Daytime Toronto – Rogers TV (Aug 2013) – Julie Reid from Xylitol Canada appears with Mari Loewen from Anna Magazine to make some delicious recipes using North American hardwood derived Xyla xylitol.

Daytime Ottawa – Rogers TV (June 2013) – Xylitol Canada’s Julie Reid and naturopath Helene Huot discuss the benefits of Xyla xylitol and share great summer recipes using Xyla.

Is Sugar Toxic? – 60 Minutes (May 4th, 2013) – Sugar is the most addictive substance on earth. It’s also the most dangerous and toxic substance anyone can consume. Sugar has similar affects on the brain like cocaine. Heart disease, cancer, diabetes type II and many more are linked to processed sugar.

Sugary Drinks Linked To 180,000 Deaths Worldwide – CNN (March 19, 2013) – “One in every 100 deaths from obesity-related diseases is caused by drinking sugary beverages,” says study author Gitanjali Singh, a postdoctoral research fellow at the Harvard School of Public Health.

12 Month Stock Chart

Xylitol Canada Announces 60% Revenue Growth for the Nine Months Ended Sept 30, 2014

Posted by AGORACOM-JC at 4:49 PM on Friday, November 14th, 2014

TORONTO, ONTARIO–(Nov. 14, 2014) – Xylitol Canada Inc. (“Xylitol Canada“, or the “Company“) (TSX VENTURE:XYL) today announces that it has released its financial and operating results for the Fiscal 3rd Quarter and nine months ending September 30, 2014. Highlights of the results include:

“We are pleased that the commercial acceptance for our products continues to be at an all-time high as indicated by our 60% year over year revenue growth. The strong U.S. Dollar combined with geographic sales mix led to some margin compression during the quarter. Our product division intends to implement measures in Q4 to enhance gross margins as we enter our busiest season. We look forward to continued expansion of our product division as the negative pressure on refined sugar and artificial sweeteners continue to accelerate,” commented Andrew Reid, CEO of Xylitol Canada.

The Company also wishes to thank Frank Iadipaolo for his services as interim CFO during the 2nd and 3rd quarters of 2014. Mr. Iadipaolo was instrumental in setting up a robust internal control system, daily and weekly divisional reporting, and he architected an across the board costing and margin analysis program. Mr. Iadipaolo’s structural initiatives under a tight timeline are applauded. During this transition, the Company would like to welcome Kyle Appleby back to Xylitol Canada as CFO.

The full text of the Company’s interim consolidated financial statements and related management’s discussion and analysis (“MD&A”) can be found at: www.sedar.com.

About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America. Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is a natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier.

Neither TSX Venture Exchange Inc. 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.

1-866-995-9952
[email protected]

AGORACOM FEATURE: Xylitol (XYL:TSX-V) Natural Sweetener Co with $6.5M in 2013 Revenue

Posted by AGORACOM-JC at 2:55 PM on Tuesday, November 4th, 2014

XYL: TSX-V

Financial Highlights

  • Revenues for its second quarter ended June 30, 2014 of approximately $2.0 Million, representing an increase of 43% over the same period from the preceding year.
  • For the three months ended March 31, 2014, sales increased by 97% to $2,170,624, compared to the three months ended March 31, 2013;
  • For the three months ended March 31, 2014, gross profit increased by 33% to $498,665, compared to the three months ended March 31, 2013.
  • For the twelve months ended December 31, 2013, sales increased by 87% to $6,508,998, compared to $3,473,053 for the twelve months ended December 31, 2012.
  • For the three months ended December 31, 2013, sales increased by 194% to $2,555,526, compared to $868,134 for the three months ended December 31, 2012

Marquee Customers Include:

Strong Institutional Ownership

  • Dundee Corp 29%
  • SunOpta BioProcess Inc. 26%

What is Xylitol you ask?

  • Xylitol is a sugar alcohol – and no, that doesn’t mean there’s alcohol in it. It’s also known as a polyol. Sugar alcohols contain fewer calories and fewer carbohydrates than other sweeteners. Replacing sugar with xylitol can be helpful if you’re trying to lose weight or even to help prevent weight gain.

What does xylitol taste like?

  • Xylitol is a white crystalline granule that looks and tastes like sugar. The good news is that it doesn’t have the negative side effects associated with sugar. Xylitol is low-calorie, low-carb, diabetic safe and we think it’s guilt free!

Where does your xylitol come from?

  • Xyla brand xylitol is extracted from North American grown hardwood trees, and it’s delicious. We believe the practices employed in the harvesting and processing of our xylitol are ecologically sustainable. Xylitol is also naturally occurring in many fruits and vegetables. Did you know the human body makes about 15 grams of xylitol per day?

Xylitol Canada, Inc. emerged in 2004 as a reseller and distributor of Xylitol and Xylitol products. Based in Toronto, Ontario, the company continued to grow and develop additional brands under the names Sweet Diabetic Delight and Xylitol Canada. Realizing the market potential for high quality, readily available, and consistently priced Xylitol and Xylitol products, the Company broadened its strategic vision in 2009.

Realizing that the void in the Xylitol market was based on inadequate supply and lack of awareness, the company initiated a 2-tier business expansion plan that sought to solve both of these problems. With the vision of a full scale North American Xylitol production facility as a critical element of this strategy, the Company reached out to the Capital markets and formally went public in April of 2010. With the capital base to aggressively address the marketplace, the company immediately began executing its business plan.

Xylitol In The Media

Daytime Toronto – Rogers TV (Aug 2013) – Julie Reid from Xylitol Canada appears with Mari Loewen from Anna Magazine to make some delicious recipes using North American hardwood derived Xyla xylitol.

Daytime Ottawa – Rogers TV (June 2013) – Xylitol Canada’s Julie Reid and naturopath Helene Huot discuss the benefits of Xyla xylitol and share great summer recipes using Xyla.

Is Sugar Toxic? – 60 Minutes (May 4th, 2013) – Sugar is the most addictive substance on earth. It’s also the most dangerous and toxic substance anyone can consume. Sugar has similar affects on the brain like cocaine. Heart disease, cancer, diabetes type II and many more are linked to processed sugar.

Sugary Drinks Linked To 180,000 Deaths Worldwide – CNN (March 19, 2013) – “One in every 100 deaths from obesity-related diseases is caused by drinking sugary beverages,” says study author Gitanjali Singh, a postdoctoral research fellow at the Harvard School of Public Health.

Xylitol Canada Engages Roche Construction for Multi-Discipline Engineering & Construction Services

Posted by AGORACOM-JC at 9:05 AM on Wednesday, October 8th, 2014

TORONTO, ONTARIO–(Oct. 8, 2014) – Xylitol Canada Inc. (“Xylitol Canada“, or the “Company“) (TSX VENTURE:XYL) is pleased to announce today that it has engaged The Roche Group (“Roche“) for a broad scope of multi-discipline engineering and construction consulting services in relation to Xylitol Canada’s plant development initiatives.

The scope of work for Roche includes, but is not limited to, assisting Xylitol Canada refine and enhance existing plant designs, preparation of site plans, equipment configuration and location plans, building and facilities designs, electrical power, instrumentation & controls requirements, key procurement and construction advice, overall project cost estimation and finally, advice on future local permitting requirements.

Roche will be working closely with Xylitol Canada’s recently appointed Project Director, Ian Sansom, along with specialized process consultants and Xylitol Canada management, on all phases of the project.

“As we continue to make strides on our xylose plant initiatives, we have continued to surround ourselves with reputable and well respected individuals and Companies during each critical stage of our plant initiatives. Members of our team have worked with Roche in the past, and we are confident that they bring first-class design capabilities to assist us in our endeavors,” commented Andrew Reid, CEO of Xylitol Canada.

Asked about their participation, Roche’s Project Director, Pierre Lanoue, stated, “We are excited to help Xylitol Canada with their development and design activities for the xylose plant project.”

Xylitol Canada engaged Roche on September 23, 2014, and design activities began on Friday, September 26th. The Xylitol/Roche kickoff meeting took place in Quebec on October 6, 2014 at Roche’s offices.

About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America.

Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is an all-natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier.

Neither TSX Venture Exchange Inc. 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.

Contact Information

 

Xylitol Canada Inc.
Andrew Reid
416-288-1019

Xylitol Canada Inc.
Matt Willer
303-991-1999
[email protected]

Xylitol Canada Announces $1.65 Million Placement and Material Insider Participation

Posted by AGORACOM-JC at 4:43 PM on Tuesday, September 30th, 2014

TORONTO, ONTARIO–(Sept. 30, 2014) – Xylitol Canada Inc. (“Xylitol Canada“, or the “Company“) (TSX VENTURE:XYL) is pleased to announce today that it has completed a private placement of 6,600,000 common shares at an issuance price of $0.25 per common share for aggregate gross proceeds of $1,650,000 (the “Placement“). The issuance price per share was determined based on the volume-weighted average price of the common shares on the TSX Venture Exchange for the 20 days prior to closing.

Proceeds from the Placement will be used to fund xylose plant development initiatives including engineering, design, process optimization, and general overhead requirements associated with the xylose plant project(s). In addition, a portion of the proceeds will be deployed to bolster the working capital base of the Company’s growing product division.

All common shares issued pursuant to the Placement are subject to a hold period of four months from the closing date in accordance with the rules and policies of the TSX Venture Exchange and applicable Canadian securities laws.

Tom Kierans, a director of the Xylitol Canada, and Dundee Agricultural Corporation, which now holds 27.55% of the Company’s issued and outstanding common shares, each participated in the Placement. “I would like to thank both Tom Kierans and Dundee for their continued confidence and support as investors,” stated Andrew Reid, President and Chief Executive Officer of the Company.

Because insiders of the Company subscribed for all of the common shares issued under the Placement, the Placement is considered to be a related party transaction as defined under Multilateral Instrument 61-101 (“MI 61-101“). The Placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of securities being issued to insiders nor the consideration being paid by insiders will exceed 25% of the Company’s market capitalization. The Company has not filed a material change report prior to the closing of the Placement as details of participation of the insiders had not been finalized prior to today.

About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America.

Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is an all-natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier.

Neither TSX Venture Exchange Inc. 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.

Contact Information

 

Xylitol Canada Inc.
Andrew Reid
416-288-1019

Xylitol Canada Inc.
Matt Willer
303-991-1999
[email protected]