Opta Minerals Inc.

Published : August 26th, 2015

SunOpta Inc. Invests in Stand-Up Pouch Packaging Technology to Meet Growing Demand in Consumer Packaged Goods

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SunOpta Inc. Invests in Stand-Up Pouch Packaging Technology to Meet Growing Demand in Consumer Packaged Goods

TORONTO, Aug. 26, 2015 (GLOBE NEWSWIRE) -- SunOpta Inc. (STKL) (SOY.TO), a leading global company focused on organic, non-genetically modified and healthy foods, has continued its investment in its consumer products business with the expansion of stand-up pouch packaging capabilities in its frozen fruit, roasted snacks and fruit snack platforms.

To meet growing customer demand, SunOpta has added new stand-up pouch packaging capabilities at its Buena Park, Calif. frozen fruit operation, and in its Wahpeton, N.D. roasted snack operation. Stand-up pouch capabilities will also be added at SunOpta's fruit snack operations in Omak, Wash., scheduled to be completed in the first half of 2016.

"Our recent investment in pouch stand-up packaging capabilities throughout our integrated platform meets the growing customer and consumer demand for stand-up pouches in multiple categories including frozen fruit, roasted snacks and fruit snacks," said Rik Jacobs, SunOpta President and Chief Operating Officer. "Stand-up pouches are quickly becoming preferred by many consumers, with 90 percent of consumers influenced by the package and 45 percent of consumers placing packaging ahead of price in buying decisions. The enhanced technology and added capacity has led to new customers and expanding order volumes from existing customers. Our investment is in line with our core two-touch strategy and supports our growth plans in value added consumer products."

In the frozen fruit operations the addition of a second stand-up pouch line was necessary to accommodate additional demand for this specific package type, and the new pouch packaging capability in roasted snacks has led to supplying new innovative products commencing in the third quarter. SunOpta currently outsources pouch packaged volumes for fruit snacks, which, in hand with newly contracted business scheduled to commence in early 2016, will allow this volume to be packaged internally, improving efficiency and control over finished product.

In addition to its new stand-up pouch packaging capabilities, SunOpta has significantly enhanced its consumer product goods portfolio with the recently announced acquisitions of Sunrise Growers and Niagara Natural. The transformative acquisition of Sunrise Growers is anticipated to close this fall. The acquisition is expected to provide SunOpta significant scale in private label frozen fruit, a growing market segment that aligns well with consumer demands for healthy, nutritious and minimally processed foods. The addition of Niagara Natural extends SunOpta's market presence in fruit snacks and, importantly, gives the company fruit snack manufacturing operations in both the West and East Coasts of North America. Both of these businesses have also recently invested in stand-up pouch capabilities.

About SunOpta Inc.

SunOpta Inc. is a leading global company focused on organic, non-genetically modified ("non-GMO") and specialty foods. SunOpta specializes in the sourcing, processing and packaging of organic and non-GMO food products, integrated from seed through packaged products; with a focus on strategic vertically integrated business models. SunOpta's organic and non-GMO food operations revolve around value-added grain, seed, fruit and vegetable based product offerings, supported by a global sourcing and supply infrastructure. SunOpta also holds an approximate 66% ownership position in Opta Minerals Inc. (OPM.TO), a producer, distributor, and recycler of industrial minerals and silica-free abrasives. Opta Minerals is a non-core holding.

The SunOpta Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3958.

Forward-Looking Statements

Certain statements included in this press release may be considered "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, which are based on information available to us on the date of this release. These forward-looking statements include, but are not limited to, the anticipated timing for adding stand-up pouch capabilities to the Company's fruit snack operations in Omak, Wash. and for commencing newly contracted fruit snack business as well as the anticipated closing date of the acquisition of Sunrise Growers. Terms and phrases such as "will", "scheduled", "expected", "believes", "intends" and other similar terms and phrases are intended to identify these forward looking statements. Forward-looking statements are based on information available to us on the date of this release and are based on estimates and assumptions made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors the Company believes are appropriate in the circumstances. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. Whether actual timing and results will agree with expectations and predications of the Company is subject to many risks and uncertainties which include, but are not limited to: risks associated with expansion projects generally such as inability to obtain or delays in obtaining required regulatory approvals, cost overruns or unanticipated variations in budgeted costs, and labor, construction and other delays or issues; risks associated with the acquisition of Sunrise Growers generally such as the inability to obtain or delays in obtaining required approvals under applicable anti-trust legislation and other regulatory and third party consents and approvals, potential volatility in the capital markets and impact on the ability to complete the proposed debt and equity financings necessary to satisfy the purchase price, or adverse changes in the frozen fruit industry generally; local and global political and economic conditions; conditions in the securities market that are less favorable than expected; changes in demand for stand-up pouches, as well as other risks described from time to time under "Risk Factors" in the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q (available at www.sec.gov). Consequently all forward-looking statements made herein are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by the Company will be realized.

Read the rest of the article at finance.yahoo.com

Opta Minerals Inc.

CODE : OPM.TO
ISIN : CA68383W1032
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Opta Min. is a producing company based in Canada.

Opta Min. is listed in Canada. Its market capitalisation is CA$ 9.2 millions as of today (US$ 7.0 millions, € 6.2 millions).

Its stock quote reached its highest recent level on December 28, 2007 at CA$ 7.10, and its lowest recent point on September 25, 2015 at CA$ 0.25.

Opta Min. has 18 120 000 shares outstanding.

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Nominations of Opta Minerals Inc.
6/14/2013Reports Results of Election of Directors
1/14/2013Announces Appointment of John Dietrich as Executive Vice Pre...
6/18/2012Appoints Austin Beutel to the Board of Directors
1/16/2012Appoints Joseph Riz to the Board of Directors and Audit Comm...
7/29/2011Announces Appointment of Peter Fryters as Chief Financial Of...
7/8/2011Announces Resignation of Chief Financial Officer
Financials of Opta Minerals Inc.
4/24/2015Schedules First Quarter 2015 Financial Results Release
10/16/2013Schedules Third Quarter 2013 Financial Results Release
8/8/2013Reports Second Quarter Results for Fiscal 2013
7/15/2013Schedules Second Quarter 2013 Financial Results Release
5/8/2013Reports First Quarter Results for Fiscal 2013
4/16/2013Schedules First Quarter 2013 Financial Results Release
2/12/2013Schedules Fourth Quarter and Year End 2012 Financial Results...
11/7/2012Reports Third Quarter Results for Fiscal 2012
8/10/2012Reports Second Quarter Results for Fiscal 2012
5/9/2012Reports First Quarter Results for Fiscal 2012
11/5/2008Reports Third Quarter Record Results in 2008
8/15/2008Reports Second Quarter Record Results in 2008
5/6/2008Reports First Quarter Record Results in 2008
Corporate news of Opta Minerals Inc.
4/6/2016Opta Minerals Inc. Announces Completion of Privatization by ...
1/4/2016SunOpta Scheduled to Attend the 18th Annual ICR Conference o...
9/11/2015TSX commences review of listing
9/11/2015TSX Delisting Review - Opta Minerals Inc. (Symbol: OPM)
9/10/2015Opta Minerals Inc.: TSX Commences Review of Listing
9/2/2015SunOpta Inc. Provides Update on Allentown Facility Aseptic a...
8/31/2015SunOpta Rebrands Citrus Extraction and Ingredients Operation...
8/26/2015SunOpta Inc. Invests in Stand-Up Pouch Packaging Technology ...
8/15/2015Interim Condensed Consolidated Financial Statements June 30,...
8/15/2015Management’s Discussion and Analysis for the Three and Six M...
8/15/2015Form 52-109F2 - Certification Of Interim Filings Full Certif...
8/15/2015Opta Minerals Inc. Reports Second Quarter Results for Fiscal...
8/14/2015IIROC Trade Resumption - OPM
8/14/2015Opta Minerals Inc. Reports Second Quarter Results for Fiscal...
8/14/2015IIROC Trading Halt - OPM
8/7/2015SunOpta Inc. Announces Results of Vote for the Election of D...
7/31/2015SunOpta Announces Transformational and Accretive Strategic A...
7/29/2015Opta Minerals Inc. Schedules Second Quarter 2015 Financial R...
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7/21/2015OPTA MINERALS INC. (the “Corporation”) ANNUAL MEETING OF SHA...
7/21/2015Opta Minerals Reports Results of Election of Directors
7/17/2015Opta Minerals Reports Results of Election of Directors
6/26/2015Notice of meeting - English
6/26/2015Notice of the meeting and record date (amended) - English
6/26/2015Form of proxy - English
6/26/2015Consolidated Financial Statements December 31, 2014 and 2013
6/26/2015Management information circular - English
6/26/2015MANAGEMENT’S DISCUSSION AND ANALYSIS FOR THE THREE AND TWELV...
4/12/2015Opta Minerals Inc. Divests of Assets and Business of Inland ...
4/10/2015Opta Minerals Inc. Divests of Assets and Business of Inland ...
3/19/2015Form 52-109F1 CEO Certification of Annual Filings Full Certi...
3/19/2015Form 52-109F1 CFO
3/19/2015Consolidated Financial Statements December 31, 2014 and 2013
3/19/2015Form 13-502F1 Class 1 Reporting Issuers – Participation Fee
3/19/2015Management’s Discussion and Analysis for the Three and Twelv...
3/19/2015Annual Information Form For the Fiscal Year Ended December 3...
3/3/2015Opta Minerals Inc. Reports Fourth Quarter and Year End Resul...
2/17/2015Opta Minerals Inc. Schedules Fourth Quarter and Year End 201...
12/22/2014Opta Minerals Inc. Announces Retirement of Director
11/13/2014FORM 52-109F2 CERTIFICATION OF INTERIM FILINGS FULL CERTIFIC...
11/12/2014Opta Minerals Inc. Reports Third Quarter Results for Fiscal ...
10/16/2014Opta Minerals Inc. Schedules Third Quarter 2014 Financial Re...
8/13/2014Opta Minerals Inc. Reports Second Quarter Results for Fiscal...
7/17/2014Opta Minerals Inc. Schedules Second Quarter 2014 Financial R...
6/19/2014Opta Minerals Inc. Reviewing Strategic Alternatives
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8/30/2012Acquires 94% of the Outstanding Common Shares of WGI Heavy M...
8/2/2012Schedules Second Quarter 2012 Financial Results Release and ...
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7/13/2012Announces Agreement to Make C$0.60 Per Share Cash Offer for ...
4/30/2012Schedules First Quarter 2012 Financial Results Release and C...
3/5/2012Schedules Fourth Quarter 2011 Financial Results Release and ...
2/13/2012Acquires Babco Industrial Corp.
12/22/2011to Suspend Strategic Review
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8/8/2011Schedules Second Quarter 2011 Financial Results Release and ...
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2/20/2009Announces Q4 Inventory Adjustment
7/9/2008Continues European Expansion
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2/26/2008Reports Year End Results for Fiscal 2007
11/7/2007Reports Record 3rd Quarter Revenue Results for Fiscal 2007
9/4/2007Expands into Eastern Europe
8/21/2007Change in Credit Facilities
8/8/2007Q2 2007 Earnings
5/9/2007QI 2007 Earnings Press Release
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