GURU Organic Energy Corp. (TSX: GURU) (“
GURU” or
the “
Company”), Canada’s leading organic energy
drink brand1, is thrilled to announce the launch of its ‘Feel Good
Energy Challenge’, a national social media campaign in French and
English, which will take place over an eight-week period on
Instagram and TikTok. TSN sports journalist, Kayla Grey, and
comedian and entertainer, Hassan Phills, will go head-to-head in
the English challenges hosted by Toronto Raptors’ NBA 2023 first
draft pick, Gradey Dick.
Carl Goyette, President and CEO of GURU,
introduced the ‘Feel Good Energy Challenge’ saying: “Our objective
is to build brand awareness to drive trial and product adoption
through a social-first marketing approach. The campaign speaks to
our different communities through music, arts, sports and fashion
and aims to bring us even closer to our target audience through
these exciting challenges and social media personalities. We
believe that this initiative will continue to reinforce our unique
value proposition as the best natural energy drink on the
market.”
The ’Feel Good Energy Challenge’
Every two weeks, Kayla Grey and Hassan Phills
will invite well-renowned influencers to join their team and
participate in a new challenge. Social media users will be invited
to complete the bi-weekly challenge and use the hashtag
#FeelGoodEnergy @guruenergydrink on Instagram and @guruenergydrink
on TikTok when posting for a chance to win bi-weekly premium
prizes.
Participants can enter to win one of three
basketball VIP weekend grand prizes by using the hashtag
#FeelGoodEnergy on Instagram and TikTok and nationally at selected
retail stores across Canada. Winners will be announced on November
6, 2023.
For those wishing to participate in the
French-language challenge, go to @guruenergie on Instagram,
@guruenergydrink on TikTok or search #ChallengeBonneÉnergie on
either platform. Further details about the French challenge can be
found in the French version of this release on our website at
https://investors.guruenergy.com/fr/nouvelles.
GURU on Campuses Across CanadaGURU will return
to university campuses by hosting back-to-school pop-ups across
Canada. These unique activations will bring brand ambassadors,
sampling programs, social media contests and more to universities
across the country this fall. This initiative has been gaining
traction over the years and enables the Company to continue
building brand awareness in the young adult demographic.
About GURU ProductsGURU energy drinks are made
from a short list of plant-based active ingredients, including
natural caffeine, with zero sucralose and zero aspartame. These
carefully sourced ingredients are crafted into unique blends that
push your body to go further and your mind to be sharper.
About GURU Organic EnergyGURU
Organic Energy Corp. (TSX: GURU) is a dynamic, fast-growing
beverage company that launched the world’s first natural,
plant-based energy drink in 1999. The Company markets organic
energy drinks in Canada and the United States through an estimated
distribution network of over 25,000 points of sale, and through
www.guruenergy.com and Amazon. GURU has built an inspiring brand
with a clean list of organic ingredients, including natural
caffeine, with zero sucralose and zero aspartame, which offer
consumers Feel Good Energy that never comes at the expense of their
health. The Company is committed to achieving its mission of
cleaning the energy drink industry in Canada and the United States.
For more information, go to investors.guruenergy.com or follow us
@guruenergydrink on Instagram, @guruenergy on Facebook and
@guruenergydrink on TikTok.For further information, please
contact:
GURU Organic EnergyInvestorsCarl
Goyette, President and CEOIngy Sarraf, Chief Financial
Officer514-845-4878investors@guruenergy.com |
MediaLyla RadmanovichPELICAN
PR514-845-8763media@rppelican.ca |
Forward-Looking StatementsThis
press release contains “forward-looking statements” within the
meaning of applicable Canadian securities legislation. Such
forward-looking statements include, but are not limited to,
information with respect to the Company’s objectives and the
strategies to achieve these objectives, information and statements
relating to potential future purchases by GURU of Shares under the
NCIB, as well as information with respect to management’s beliefs,
plans, expectations, anticipations, estimates and intentions. These
forward-looking statements are identified by the use of terms and
phrases such as “may”, “would”, “should”, “could”, “expect”,
“intend”, “estimate”, “anticipate”, “plan”, “believe”, or
“continue”, the negative of these terms and similar terminology,
including references to assumptions, although not all
forward-looking statements contain these terms and phrases.
Forward-looking statements are provided for the purposes of
assisting the reader in understanding the Company and its business,
operations, prospects and risks at a point in time in the context
of historical and possible future developments and therefore the
reader is cautioned that such statements may not be appropriate for
other purposes. Forward-looking statements are based upon a number
of assumptions and are subject to a number of risks and
uncertainties, many of which are beyond management’s control, which
could cause actual results to differ materially from those that are
disclosed in or implied by such forward-looking statements. These
risks and uncertainties include, but are not limited to, the
following risk factors, which are discussed in greater detail under
the “RISK FACTORS” section of the annual information form for the
year ended October 31, 2022: management of growth; reliance on key
personnel; reliance on key customers; changes in consumer
preferences; significant changes in government regulation;
criticism of energy drink products and/or the energy drink market;
economic downturn and continued uncertainty in the financial
markets and other adverse changes in general economic or political
conditions, as well as the COVID-19 pandemic, the war in Ukraine
and geopolitical developments, global inflationary pressure or
other major macroeconomic phenomena; global or regional
catastrophic events; fluctuations in foreign currency exchange
rates; inflation; revenues derived entirely from energy drinks;
increased competition; relationships with co-packers and
distributors and/or their ability to manufacture and/or distribute
GURU’s products; seasonality; relationships with existing
customers; changing retail landscape; increases in costs and/or
shortages of raw materials and/or ingredients and/or fuel and/or
costs of co-packing; failure to accurately estimate demand for its
products; history of negative cash flow and no assurance of
continued profitability or positive EBITDA; repurchase of common
shares; intellectual property rights; maintenance of brand image or
product quality; retention of the full-time services of senior
management; climate change; litigation; information technology
systems; fluctuation of quarterly operating results; risks
associated with the PepsiCo distribution agreement; accounting
treatment of the PepsiCo Warrants; and conflicts of interest, as
well as those other risks factors identified in other public
materials, including those filed with Canadian securities
regulatory authorities from time to time and which are available on
SEDAR+ at www.sedarplus.ca. Additional risks and uncertainties not
currently known to management or that management currently deems to
be immaterial could also cause actual results to differ materially
from those that are disclosed in or implied by such forward-looking
statements. Although the forward-looking statements contained
herein are based upon what management believes are reasonable
assumptions as at the date they were made, investors are cautioned
against placing undue reliance on these statements since actual
results may vary from the forward-looking statements. Certain
assumptions were made in preparing the forward-looking statements
concerning availability of capital resources, business performance,
market conditions, and customer demand. Consequently, all of the
forward-looking statements contained herein are qualified by the
foregoing cautionary statements, and there can be no guarantee that
the results or developments that management anticipates will be
realized or, even if substantially realized, that they will have
the expected consequences or effects on the business, financial
condition or results of operation. Unless otherwise noted or the
context otherwise indicates, the forward-looking statements
contained herein are provided as of the date hereof, and management
does not undertake to update or amend such forward-looking
statements whether as a result of new information, future events or
otherwise, except as may be required by applicable law.
1 Nielsen: 52-week period ended July 15, 2023, All Channels,
Canada vs. same period year ago.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d071bf4c-ce5b-419c-9323-f6e7e3cb76cf
https://www.globenewswire.com/NewsRoom/AttachmentNg/bf204b76-d3e8-46d0-9c86-17c5ff9befd6
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