Mr. Steve Bank reports

SUNORA REPORTS RECORDS NET INCOME OF $351,178 FOR THE SIX MONTH PERIOD ENDING JUNE 30, 2015

Sunora Foods Inc. has filed its financial statements, and management discussion and analysis for the fiscal period ending June 30, 2015. These filings are available for review on SEDAR and on the corporation's website.

During the fiscal period ended June 30, 2015, Sunora's highlights include the following:

• Net income of $351,178 for the six-month period ending June 30, 2015, versus net income of $62,788 in the comparable six-month period ending June 30, 2014; an increase of 459.31 per cent;
• Earnings per share for the six-month period ending June 30, 2015, of 0.8 cent versus earnings per share of 0.1 cent in the comparable six-month period;
• Sales of $3,233,996 in the second quarter versus sales of $2,836,903 in the comparable second quarter of 2014;
• Gross margin of $299,974 in second quarter 2015 versus gross margin of $209,607 in the comparable second quarter of 2014;
• Net income of $110,940 in second quarter 2015 versus net income of $121,581 in the comparable second quarter of 2014; a decrease of 8.75 per cent;
• Cash of $2,540,091 in second quarter 2015 versus cash of $1,685,719 in the comparable second quarter of 2014;
• Continuing growth in international sales.

        SUMMARY OF FINANCIAL RESULTS
 
                       Q2 2015       Q2 2014

Sales               $3,233,996    $2,836,903    
Gross margin          $299,974      $209,607      
Income before taxes   $142,190      $175,685      
Net income            $110,940      $121,581      
Earnings per share      $0.003        $0.003        

President, Steve Bank, states: "We are pleased with the continued profitability of Sunora's operations, and look forward to introducing products complementing our high-quality food oil products including canola oil. We have a significant amount of cash available for the potential pursuit of additional opportunities that can add value for our shareholders."

Sunora continues to focus on additional sales of food oil products into international locations, with a focus on Asia. Subsequent to the fiscal period ending June 30, 2015, the corporation has entered into a memorandum of understanding with a major Chinese entity for the marketing and importing of Canadian-produced beverages. The primary beverages to be included in this potential business relationship will be those related to healthy living.