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     162  0 Kommentare GreenStar Provides Update on Beichen Acquisition and Negotiations with Canadian Distributor - Seite 2

    GreenStar has been operating for over 19 years. Through the application of science and technology in production, quality control and assurance, and business operations and management, GreenStar has focused on maintaining product and reputational excellence with a high standard of food quality. Key assets include a well established management team, modern production facilities, and a close partnership with local farmers.

    GreenStar Agricultural Corp. is listed on the TSX Venture Exchange under the symbol "GRE".

    For further information on GreenStar please visit our web site at www.greenstaragricultural.com.

    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 news release.

    Caution Regarding Forward-Looking Information:

    Certain statements in this press release may constitute ''forward looking'' statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. When used in this press release, such statements may use such words as ''may'', ''will'', ''expect'', ''believe'', ''plan'' and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this press release. Forward looking information in this press release includes management's plan to grow tomatoes on the new leased lands and timing for the planning and harvesting, management's expectation on increasing its tomato pulp production volume, management's expectation on its ability to meet the growing domestic and world-wide demand for tomato based food products, management's expectation on significantly reducing the input costs of raw materials for Beichen and for GreenStar's Pucheng tomato paste processing plant, management's plan to continue to purchase additional raw tomatoes from local farmers, management's expectation on the execution of a Letter of Intent with the Canadian food distributor, and management's plan to continue to provide timely updates on both transactions. These forward looking statements involve a number of risks and uncertainties. Some of the factors that could cause actual results to differ materially from those expressed in or underlying such forward looking statements are the effects of, as well as changes in: international, national and local business and economic conditions; political or economic instability in the Corporation's markets; competition; legislation and governmental regulation; and accounting policies and practices. The foregoing list of factors is not exhaustive. Please see the Corporation's annual MD&A dated April 25, 2013, available on www.sedar.com, for a more detailed description of the risk factors. The Corporation undertakes no obligation to update publicly or revise any forward looking information, whether a result of new information, future results or otherwise, except as required by law.

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    Verfasst von Marketwired
    GreenStar Provides Update on Beichen Acquisition and Negotiations with Canadian Distributor - Seite 2 TORONTO, ONTARIO--(Marketwired - April 7, 2014) - GreenStar Agricultural Corporation, (TSX VENTURE:GRE) ("GreenStar" or the "Corporation") is pleased to provide an update on its recent acquisition of Bayannur City Beichen Tomato Products Co., Ltd., …