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File: VEG - April 29, 2016.pdf
Suite201 78080CalleAmigo
LaQuinta,CA,92253
Phone:949.903.5906
ForImmediateRelease Friday,April29,2016
LaQuinta,California CanadianSecuritiesExchangeSymbol:VEG
UnitedStatesOTCMarketSymbol:ARDWF
57,508,231CommonSharesIssued
CAPTIVA VERDE ANNOUNCES 2015 AUDIT RESULTS
La Quinta, California April 29, 2016 Captiva Verde Industries Ltd. ("Captiva Verde" or the
"Company")announcesthecompletionofits2015Auditforthe12monthsendedDecember31st.
Calendar2015reportsourfirstperiodofcommercialoperations;itwasonlythelasttwomonthsof
theyearwhereproductionhappenedinearnest.Fromanoperatingstandpoint,givenfinetuningof
theequipmentandprocessesduringOctober,thelasttwomonthsof2015werethefirsttwomonths
ofsteadysales.Thesetwomonthsaveragedamilliondollarspermonth.
ThemajorityoftheCompany'sproductwassoldonthespotmarket as weneeded todisplayour
capacityandabilitytoproduce,onalargescale,inordertoattractleadingbuyersintheindustry.
ThismajorinvestmentwasmadetotheCompany'sfieldstoshowcasethisproductioncapacity.
Asaresult,theCompanyfinallyachieveditsbusinessplanin2016andwillonlybeplantingproduct
for contracted sales. To that end, the Company has finally secured 455,000 pounds per week in
annualcontractsalesandisindiscussionsforanadditional120,000poundsperweektofulfillits
totalproductioncapacityof500,000to600,000perweek.
Thepreviousunreliable,butnecessaryandtemporaryrelianceonthespotmarkethadanegative
effectontheCompanyandresultedinacreageinSalomeandtheImperialValleybeingplowedunder
duetolackofcontractsalesandresultinginoversizespoilagethroughoutthosetworegions.These
amounts plus the initial start up costs of the Company during its first year, have been written off
againstthefirsttwomonthsofsales.
CopiesoftheFinancialStatementsandtheaccompanyingManagementDiscussionandAnalysiscan
befoundonthecompany'swebsitewww.veg.netandwww.sedar.com
TheCompanylooksforwardtoaveryexcitingandrewarding2016.
OnbehalfoftheBoardofDirectorsoftheCompanyandforfurtherinformation,pleasecontact:
Jeffrey Ciachurski Michael Boyd
Chairman and Chief Executive Officer Director
Suite 201 78080 Calle Amigo Tucson, Arizona
La Quinta, California USA 92253 Office: (502) 275-0979
Cell: (949) 903-5906 E-mail: azmboyds@aol.com
E-mail: Jeff@veg.net
Website: www.veg.net
READER ADVISORY
The CSE has neither approved nor disapproved the information contained herein.
This news release contains forward-looking statements. The Company has provided the forward-looking statements in
reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions use
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the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements invol
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substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks
and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approv
--->al. The
actual results, performance or achievements could differ materially from those expressed in, or implied by, these forw
--->ard-
looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-look
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statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company
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derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.
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CAPTIVAVERDEINDUSTRIESLTD.
Suite201 78080CalleAmigo,LaQuinta,California92253|PH:949.903.5906
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