Australian Oilseeds, Largest APAC Producer of Non-Chemical, Non-GMO “Cold-Processing” Vegetable Oil, Enters into Contract with Woolworths and Costco Australia.
April 25 2024 - 5:35PM
Australian Oilseeds Holdings Limited (Nasdaq: COOT) (“Australian
Oilseeds” or “AOI”), the largest cold pressing oil plant in
Australia and the APAC region, pressing strictly GMO-free
conventional and organic oilseeds, through its subsidiary Good
Earth Oils, today announced a new contract to supply Australia’s
largest supermarket chain, Woolworths, with a range of non-GMO cold
pressed extra virgin canola oils in all 960 stores across
Australia. The new the contract value is approximately USD 3.5
million over the next eight months. Good Earth Oils has also
secured a contract with Costco Australia valued at approximately
USD 3 million to supply its non-GMO cold pressed extra virgin
canola oil to Costco stores throughout Australia. Australian
oilseed investments is also in discussions with other retail chains
in both Australia and the United States for supply of its unique
range of non-GMO cold pressed extra virgin vegetable oils that are
processed without the use of harmful chemicals.
AOI processes oilseeds through a proprietary
cold pressed process without the use of any chemicals, which
results in the production of higher quality and healthier oils that
retain natural vitamins, antioxidants and healthy omega fatty
acids. AOI’s carbon footprint is 40-50% lower than
conventional canola oil processors, as a result of its methods that
are committed to environmentally friendly pressing and grinding
processes. See more information at Australian Oilseeds
website: www.australianoilseeds.au.
AOI commenced trading on the Nasdaq on March 22 under the Ticker
symbol: COOT.
About Australian Oilseeds Holdings
Limited
Australian Oilseeds Holdings Limited (the
“Company”) is a Nasdaq listed Cayman Islands exempted company that,
through its subsidiaries, is focused on the manufacture and sale of
sustainable oilseeds (e.g., seeds grown primarily for the
production of edible oils) and is committed to working with all
suppliers in the food supply chain to eliminate chemicals from the
production and manufacturing systems to supply quality products to
customers globally. The Company engages in the business of
processing, manufacture and sale of non-GMO oilseeds and organic
and non-organic food-grade oils, for the rapidly growing oilseeds
market, through sourcing materials from suppliers focused on
reducing the use of chemicals in consumables in order to supply
healthier food ingredients, vegetable oils, proteins and other
products to customers globally. The Company has expanded its
existing oil processing plant and is building an additional larger
multi-seed crushing plant in Queensland. Over the past 20
years, the Company has grown to become the largest cold pressing
oil plant in Australia and the APAC region, pressing strictly GMO
free conventional and organic oilseeds.
Cautionary Statement Regarding
Forward-Looking Statements
This press release contains forward-looking
statements of Australian Oilseeds Holdings Limited (the “Company”)
that are based on the current beliefs of the Company’s management,
as well as assumptions made by, and information currently available
to, the Company. Such statements reflect the current views of the
Company with respect to future events and are subject to certain
assumptions, including those described in this release Should one
or more of these underlying assumptions prove incorrect, actual
results may vary materially from those described herein as
“should,” “could,” “will,” “anticipate,” “believe,” “intend,”
“plan,” “might,” “potentially” “targeting” or “expect.” Additional
factors that could also cause actual results to differ materially
relate to international crises, environmental and economic issues
and other risk factors described in our public filings. The Company
does not intend to update these forward-looking statements. The
content of the websites referenced above are not incorporated
herein. Forward-looking statements are only predictions. The
forward-looking events discussed in this press release and other
statements made from time to time by us or our representatives, may
not occur, and actual events and results may differ materially and
are subject to risks, uncertainties, and assumptions about us.
Contact
CJPA Global AdvisorsEarl Carr, CEOTel: (646) 428-5382
Australian Oilseeds Holdings Limited666 Third Avenue, Suite
1702New York, NY 10017Attn: Kevin Chen, DirectorTel: (585)
678-1198
Australian Oilseeds (NASDAQ:COOT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Australian Oilseeds (NASDAQ:COOT)
Historical Stock Chart
From Dec 2023 to Dec 2024