Wildpack Announces Aluminum Packaging Supply Agreement with Ball Corporation

VANCOUVER, BC / ACCESSWIRE / August 23, 2022 / Wildpack Beverage Inc. (TSXV: CANS) (OTCQB: WLDPF) (“wild pack“or the”Company“) announces today the signing of a long-term purchase and supply agreement (the “OK“) for sustainable aluminum beverage packaging with Ball Corporation (“Ball“).

“Wildpack is delivering on its commitment to ensure its customers have continued access to sustainable beverage packaging in the United States,” commented Thomas Walker, Chief Growth Officer at Wildpack. “Our partnership with Ball will enable us to provide our customers with high quality aluminum packaging at competitive prices. This is just one more example of how we continually seek to improve our customer experience and enable our customers to evolve without interruption.

The supply agreement reinforces the benefits of Wildpack’s network strategy to reduce the pressure of transport costs on the production of beverages for its customers. Ball maintains an extensive network of production facilities that integrates well with the six existing national locations for Wildpack. The agreement allows Wildpack to expand its printed box and warehousing services beyond the Grand Rapids site to the remaining five sites and all future Wildpack US sites.

By: “Mitch Barnard”
Mitch Barnard
Chairman and Chief Executive Officer and Director

For more information, please contact us at:
[email protected]

Where

Elie Claire
Vice President, Investor Relations
[email protected]

Advisors
Fasken Martineau DuMoulin LLP is legal counsel to Wildpack Beverage Inc.

Visit our website for investors at:
https://investor.wildpackbev.com

About Wildpack

Wildpack is engaged in beverage manufacturing and packaging operating in the middle market providing sustainable filling, decorating, packaging, brokerage, sleeve/label printing and logistics services to brands across United States. Wildpack currently operates indirectly through its wholly owned subsidiaries and six facilities in Baltimore, Maryland, Grand Rapids, Michigan, Atlanta, Georgia, Longmont, Colorado, Sacramento, California, and Las Vegas, Nevada, with an emphasis on digital innovation and green preparation. drink packaging. Wildpack began trading on the TSX Venture Exchange under the symbol “CANS” on May 19, 2021, and on the OTCQB® Venture Capital Marketplace under the symbol “WLDPF” on February 23, 2022.

Caution regarding forward-looking information

This press release may contain “forward-looking statements” within the meaning of applicable Canadian securities laws, including, but not limited to, statements regarding Wildpack’s plans, financial performance and operating performance, growth expected co-packing activities, revenue estimates, timing and objectives of M&A activity, costs, future capital expenditures and integration success. Forward-looking statements are based on a number of estimates and assumptions which, although considered reasonable by management, are inherently subject to significant business, economic and competitive risks, including, but not limited to: risks relating to the successful integration of acquisitions; operational risks; risks relating to general economic conditions and the availability of credit, the ability to obtain sufficient and suitable financing, the actual results of ongoing production and decoration, fluctuations in aluminum prices; failure of plant, equipment or processes to perform as intended; accidents, labor disputes, title disputes, claims and limitations of insurance coverage and other risks of the co-packing industry; delays in completing investment activities, changes in state and local government regulations of manufacturing operations and labor laws in light of the current COVID pandemic, tax rules and regulations, and political and economic developments where Wildpack operates. These statements can generally be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”. , “expects”, “believes”, or “continues”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause that future results, performance or achievements will be materially different from the estimated future results, performance or achievements expressed or implied by such forward-looking statements and forward-looking statements. forward-looking statements are not guarantees of future performance. Forward-looking statements expressed or implied by Wildpack are subject to a number of risks, uncertainties and conditions, many of which are beyond Wildpack’s control, and undue reliance should not be to these statements. Although Wildpack has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, other factors may cause results not to be anticipated, estimated or intended. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties of Wildpack’s business, including that Wildpack’s assumptions in making the forward-looking statements may prove to be incorrect; delays in filing financial information; adverse market conditions; risks inherent in the beverage manufacturing and packaging industry generally; that future results may differ from historical results; and competition in the markets where Wildpack operates. Except as required by securities law, Wildpack undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Neither the TSX Venture Exchange 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.

THE SOURCE: Wildpack Beverages Inc.

See the source version on accesswire.com:
https://www.accesswire.com/713117/Wildpack-Announces-Supply-Agreement-for-Aluminum-Packaging-with-Ball-Corporation

Luisa D. Fuller