Ceres Global Ag Corp T.CRP

Alternate Symbol(s): CERGF

Consumer Defensive Food Distribution

Ceres Global Ag Corp. and its subsidiaries serve agricultural, energy and industrial supply chains through efficient sourcing, storing, transporting and marketing of high-quality agricultural commodities, value-added products and raw materials. Its segments include Grain, Supply Chain Services, and Seed Retail and Processing. The Grain segment is engaged in grain procurement and merchandising of specialty grains and oilseeds, such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes the Company’s facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed Retail and Processing segment is engaged in soybean crush, and seed distribution in western Canada. It operates 11 locations across Saskatchewan, Manitoba, and Minnesota. These facilities have an aggregate grain and oilseed storage capacity of approximately 29 million bushels.

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Ceres Global Ag Corp

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Post by fasteddy0043on Apr 19, 2018 1:46pm

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Post# 27912452

Scoular trial date

Ceres Global Ag Corp. ("Ceres" or the "Company") (TSX: CRP) today announced that court proceedings for the previously announced pending action commenced by The Scoular Company ("Scoular") in the United States District Court of the District of Minnesota are set to commence October 9, 2018. In the action, Scoular is seeking injunctive relief and damages relating to the proposed joint development and construction of a grain facility at the Corporation's Northgate Commodity Logistics Centre on the grounds of breach of contract, tortious interference with contract, promissory estoppel, and unjust enrichment. The trial is scheduled to be held at the United States District Court in Minneapolis and will be a trial by jury.

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