VANCOUVER, BC - OCTOBER 28, 2014 - Gourmet Ocean Products Inc. ("Gourmet" or the "Company") (TSX-V: GOP) reports it is has expanded its operations by adding oyster seed production to its existing shellfish business. There is a strong global demand for oysters and Gourmet will utilize its experience and existing facility in Courtney, BC, to supply oyster seeds to growers in British Columbia. This addition to operations represents a natural expansion of Gourmet's existing seed production of sea cucumber, scallops and goeduck.
Gourmet is also pleased to report it has initiated growing sea cucumber seeds for the 2017 harvest season, which is to be provided to Gourmet's existing network of aquaculture clients, by December 2014. Clients have also reported back to Gourmet that the seeds provided for the 2016 harvest season are growing well and meeting expectations with respect to size and speed of growth.
About Gourmet Ocean Products Inc.
Gourmet is a B.C.-based aquaculture company specializing in the production, distribution, marketing, and sale of high-quality specialty seafood products including sea cucumbers, scallops, goeducks and oysters with distribution to customers worldwide. The Company is experiencing its initial ramp up in revenues and we expect continued growth in revenues resulting from contracts with aquaculture farmers and distributors. Gourmet's goal is to become a global leader in cold water aquaculture.
ON BEHALF OF THE BOARD
"Peter Hughes"
Peter Hughes, President, Chief Executive Officer
GOURMET OCEAN PRODUCTS INC.
T: 778-328-8898
E: petehughes@me.com
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Forward-Looking Statements
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cause actual results to differ materially from the forward-looking statements made in this press release include: products that are or become available from competitors, political and economic factors, including in China and environmental factors. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of the Company may vary materially from those described in this press release. Accordingly, readers are advised not to place undue reliance on forward looking information. Except as otherwise required by law, the Company does not intend to and assumes no obligation to update or revise forward looking information, whether as a result of new information, plans, events or otherwise.