11:08:54 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



Element Nutritional Sciences Inc
Symbol ELMT
Shares Issued 95,784,996
Close 2022-01-21 C$ 0.39
Market Cap C$ 37,356,148
Recent Sedar Documents

ORIGINAL: Element Nutritional sells Rejuvenate at all Sam's Clubs

2022-01-21 16:38 ET - News Release

Received by email:

File: '\\office\emailin\20220121 132659 Attachment 59700508_3_Clean - 01.21.22 Sams All stores PR v3 (MT Edits) .DOCX'


59700508.3
 
LEGAL*51009014.2


Element Nutritional Sciences Announces Rejuvenate(TM) now Available at All Sam's Club across the United States

BURLINGTON, ONTARIO, January 21, 2022 - Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF; FRANKFURT:93X)(the "Co
--->mpany" or "Element"), is pleased to announce that Rejuvenate(TM) ready to drink organic plant protein beverage is now 
--->available at all 589 Sam's Club locations. Rejuvenate(TM) has also been available the Sam's Club e-commerce platform i
--->n the United States since July 2021.
Founded in 1983, Sam's Club is a wholly-owned subsidiary of Wal-Mart in the United States and Puerto Rico, in addition
---> to locations in Brazil, China and Mexico. For the fiscal year ending January 31, 2021, Sam's Club's total revenue was
---> $64 billion Our Company (samsclub.com)
.
"In the last two years, Element's growth was driven by sales to the two largest pharmacies in the United States, CVS a
--->nd Walgreens. We are now making inroads with grocers and other large retailers like Sam's Club, where we plan to gain 
--->traction both online and at traditional retail locations. We feel that we are still very early in our growth trajector
--->y given the total remaining addressable market, our ability to drive velocity quickly with our retail partners and the
---> clear benefits of Rejuvenate(TM) helping to improve muscle health for its consumers," said Stuart Lowther, Chief Exec
--->utive Officer.
Services Agreements
The Company has also entered into advertising agreements with Future Money Trends LLC ("Future Money Trends") and Side
--->ways Frequency LLC ("Frequency"), arm's length parties to the Company, to provide advertising, digital marketing, inve
--->stor relations and brand visibility in connection with the Company's ongoing effort to increase awareness. The Company
---> has agreed to compensate Future Money Trends four hundred thousand US dollars for services provided over a six month 
--->term, commencing in January 2022, and Frequency one hundred and fifty thousand US dollars for services provided over a
---> three month term, commencing in November 2021. The Company and Future Money Trends act at arm's length, and neither F
--->requency nor Future Money Trends has any present equity interest, directly or indirectly, in the Company or its securi
--->ties.

About Element
Element is an innovative and research driven Canadian nutraceutical company specializing in the development of science
--->-based products for the global consumer packaged goods market, with a portfolio focused specifically on men and women 
--->over the age of 50. Element's lead product, Rejuvenate(TM), is a proprietary formulation that is clinically proven to 
--->assist in the rebuilding, restoration and rejuvenation of natural loss of muscle mass due to aging or other medical co
--->nditions. Element also offers JAKTRX(TM), an elite brand of performance supplements. Element was founded in 2015 and i
--->s located in Burlington, Ontario.
To learn more about Element, visit elmtinc.com.
More information about Rejuvenate(TM)  can be found at: www.rejuvenatemuscle.com 

Forward Looking Statements
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward look
--->ing statements") within the meaning of the applicable Canadian securities legislation. All statements, other than stat
--->ements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as 
--->at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, b
--->eliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases 
--->such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "sc
--->heduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that ce
--->rtain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are no
--->t statements of historical fact and may be forward-looking statements. In this news release, forward looking statement
--->s relate, among other things, to: the belief that Element is early in its growth trajectory and the size of the Compan
--->y's total addressable market.
These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the
---> time such statements were made. Actual future results may differ materially as forward-looking statements involve kno
--->wn and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements 
--->of the Company to materially differ from any future results, performance or achievements expressed or implied by such 
--->forward-looking statements. Such factors, among other things, include: fluctuations in general macroeconomic condition
--->s; expectations regarding the size of the United States and Canadian health, nutraceutical and wellness markets and ch
--->anging consumer habits; the viability of the Company's products; availability of distribution channels for the Company
--->'s product offerings; the ability of the Company to successfully achieve its business objectives; plans for expansion;
---> successful development of the Company's proposed products; the presence of laws and regulations that may impose restr
--->ictions or recalls on the sale of the Company's products in the United States and Canada; customer and distributor rel
--->ations; fluctuations in securities markets; and the inability of the Company to obtain adequate insurance to cover ris
--->ks and hazards. Although the forward-looking statements contained in this news release are based upon what management 
--->of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders
---> that actual results will be consistent with such forward-looking statements, as there may be other factors that cause
---> results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looki
--->ng statements and information contained in this news release. The Company assumes no obligation to update the forward-
--->looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
---> 
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information con
--->tained herein.

For further information, please contact:
Stuart Lowther
Chairman, CEO and President
ir@elementnutrition.com
416-467-5229

Marc Charbin
Investor Relations
ir@elementnutrition.com
416-467-5229



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