VANCOUVER, British Columbia, Sept. 13, 2017 (GLOBE NEWSWIRE) -- Ten Peaks Coffee Company Inc. (“Ten Peaks”) today
announced the declaration of a cash dividend of $0.0625 per share for the quarter ended September 30, 2017. The dividend will
be an ‘eligible dividend’ for Canadian income tax purposes, and will be paid on October 16, 2017 to shareholders of record at the
close of business on September 29, 2017.
Company Profile
Ten Peaks is a publicly traded company that owns all of the interests of the Swiss Water Decaffeinated Coffee
Company Inc. (SWDCC), a premium green coffee decaffeinator located in Burnaby, BC. It also owns and operates Seaforth Supply
Chain Solutions Inc. (Seaforth), a green coffee handling and storage business located in Metro Vancouver.
About SWDCC
SWDCC employs the proprietary SWISS WATER® Process to decaffeinate green coffee without the use of chemicals,
leveraging science-based systems and controls to produce coffee that is 99.9% caffeine free. The SWISS WATER® Process is a
100% chemical free water process for coffee decaffeination, as well as the world’s only consumer-branded decaffeination
process. It is certified organic by the Organic Crop Improvement Association.
SWISS WATER® Process decaffeinated green coffees are sold to many of North America’s leading specialty roaster
retailers, specialty coffee importers and commercial coffee roasters. SWDCC also sells coffees internationally through regional
distributors.
About Seaforth
Seaforth provides a complete range of green coffee handling and storage services, including devanning coffee
received from origin; inspecting, weighing and sampling coffees; and storing, handling and preparing green coffee for outbound
shipments. Seaforth’s warehouse and handling operation is certified organic by Ecocert Canada.
For further information: Sherry Tryssenaar, Chief Financial Officer Ten Peaks Coffee Company Inc. Phone: 604.444.8780 Email: stryssenaar@tenpeakscoffee.ca Website: www.tenpeakscoffee.ca
