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Chlormet Technologies Inc
Symbol PUF
Shares Issued 31,153,574
Close 2015-10-02 C$ 0.05
Market Cap C$ 1,557,679
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ORIGINAL: Chlormet launches 1313 Premium E-Liquid Line of Products

2015-10-05 09:56 ET - News Release

(via Thenewswire.ca)

October 5 , 2015 / TheNewswire / Vancouver, British Columbia - Chlormet Technologies Inc. ("Chlormet" or the "Company") (CSE: PUF) (Frankfurt: HR2P) (OTCPK: CHLMF) is pleased to announce that it is introducing a premium e-liquid/e-juice product suite to its 1313 brand of e-cig offerings. The initial skews will consist of two unique and exclusive flavour profiles specifically designated for the U.S marketplace: Caramel Tobacco and 1313 Energy with Nicotine. Chlormet has entered into a production agreement with a boutique purveyor out of California for the manufacture of these specialty vape liquids. These new product additions will complement the existing disposable line of 1313 e-cigs which include the 1313 Energy Slim and the recently announced Massari e-shisha.

Chlormet's President, Yari Nieken states that, "in addition to being thrilled to introduce a product into the thriving US e-liquids space, I am pleased to announce that our current distributor, E-Cigarette Distributors of Texas, has agreed to add this product to their distribution portfolio." Derek Ivany of VapeTronix adds, "in addition to rolling out our own exclusive liquid line, we were successful in securing the distribution rights to the manufacturers, "Cali Cloudz," premium liquid brands for Texas and all of Canada.

The recreational vape market in the Unites States continues to see strong growth. A recent industry report by Wells Fargo Securities Senior Analyst Bonnie Herzog indicated that "vapour consumption could surpass combustible cigarettes in 10 years." Further, the report mentions "vapour retail sales in the US are expected to hit $3.5 billion in 2015 and could eclipse $10 billion by 2018". In order to capitalize on this growing consumer demand, VapeTronix has identified the burgeoning e-juice space for refillable vaping devices as a potentially high margin and sustainable opportunity.

About Chlormet Technologies

Chlormet Technologies Inc. is moving into the Medical Marijuana sector by purchasing a 100% interest in AAA Heidelberg, a private Ontario company that is in the process of applying for a MMPR license. Although the Company cannot guarantee nor estimate the timing for the issuance of a license to AAA Heidelberg, it is Chlormet's goal to become the next publicly traded Canadian company to be granted a new medical marijuana production license.

VapeTronix, a wholly owned subsidiary of the Company is in the process of expanding its 1313 brand of electronic cigarettes and associated technologies.

With the purchase of the property in Whatcom County, WA, the company plans on generating revenues via long term leases to tenants.

ON BEHALF OF THE BOARD OF DIRECTORS

"Yari Nieken"

President and CEO

No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Issuer's future plans, objectives or goals, including words to the effect that the Issuer or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

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