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File: nr071516.docx

BEVOAGRO INC.
7170 Glover Road,
Langley, BC V0X 1T0
(www.bevoagro.com)

July 15, 2016
 
(Langley, BC.)

NEWS RELEASE 

BEVO AGRO INC. ANNOUNCES OWNERSHIP IN CUBIC FARM SYSTEMS CORP.

Bevo Agro Inc. (BVO:TSXV) announces the recent establishment of a subsidiary company called CubicFarm Systems Corp. an
--->d it's 54% ownership.

CubicFarm Systems Corp. will be using Bevo Agro's patent pending Cubic Farming technology, developed through research 
--->at and by Bevo Agro staff over the past four years, which makes it possible for anyone to be a cubic farmer. The Cubic
---> Farming(TM) machines can grow a large variety of leafy greens like lettuce, herbs and micro greens. They produce all 
--->year round-no matter the season or weather conditions, using Controlled Environment Agriculture technologies.

The growing machines use a unique conveyor method with LED lighting, climate controls and an automated nutrient delive
--->ry process.  The machines are self contained within a 40 foot container or frame mounted for warehouse applications.  
--->Each machine is capable of producing up to 5,000 heads of lettuce each month. The first contract for 14 machines to be
---> installed has been confirmed.

Bevo Agro is North America's leading supplier of propagated agricultural plants, operating 45 acres of greenhouse faci
--->lities on 98 acres of land in Langley, BC and 20 acres of land in Pitt Meadows, BC. The Company's main products are th
--->e propagation of vegetable plants such as tomatoes, peppers, cucumbers, and other plants such as bedding plants, flowe
--->rs and grasses.  The Company markets its products to established greenhouse growers, nurseries and retail outlets thro
--->ughout North America.  The majority of Bevo's sales result from repeat orders through recurring multiyear contracts.  
For further information contact:
Jack Benne, President 
Bevo Agro Inc.
Phone: (604) 888-0420
Fax: (604) 888-8048
Email:  jackbenne@bevofarms.com

CubicFarm Systems Corp. is the worldwide licensee of Bevo Agro's patent pending Cubic Farming technology which has bee
--->n several years in development and production.  Incorporated in 2016, CubicFarms Systems is dedicated to managing the 
--->opportunity for businesses and entrepreneurs to own and operate a cubic farm by providing world- class systems, proces
--->ses and support to the cubic farmer. Local and international marketing of the CubicFarm System will soon commence. 

For further information contact:
Dave Dinesen, CEO
CubicFarm Systems Corp.
Phone: 604-220-1370
Email:  dave@wideocean.ca

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 release.