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Waterloo Brewing Ltd
Symbol C : WBR
Shares Issued 35,362,685
Close 2019-09-17 C$ 3.04
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Waterloo Brewing opens taphouse, expanded beer store

2019-09-18 07:17 ET - News Release

Mr. George Croft reports

NEW WATERLOO BREWING TAPHOUSE AND EXPANDED RETAIL STORE

Waterloo Brewing Ltd. today officially opened the doors of its brand-new Waterloo Brewing Taphouse and expanded beer store.

"The Taphouse represents the crown jewel of our hometown brewery and the culmination of a five-year transformation of our facility from a distribution centre to a must-see craft brewing destination," declared George Croft, president and chief executive officer, Waterloo Brewing. "We are Ontario's first craft brewer and our new Taphouse is an outstanding tribute to that legacy of craft brewing leadership."

"The Taphouse includes the installation of a two-hectolitre small-batch brewhouse which will allow us to venture into unique and interesting flavour profiles and beer styles that weren't possible until now," said Russell Tabata, chief operating officer. "The essence of craft brewing is experimentation and creativity. That commitment to the brewing arts is now visible for all to see. Our commitment to local craft brewing community is further evident in our new scholarship program in support of the Brewmaster program at Niagara College."

"We appreciate the generous show of support for our Brewmaster program and are grateful to Waterloo Brewery for providing the scholarships to our third-semester students," said Gary Torraville, associate dean, Canadian Food and Wine Institute, Niagara College. "The connection between industry and students is critical and this generous gift will provide potential employment opportunities and financial support to the recipients."

The new Waterloo Brewing Taphouse opens to the public on Friday, Sept. 20, and is located at 400 Bingemans Centre Dr., Kitchener, Ont.

About Waterloo Brewing Ltd.

Waterloo Brewing is Ontario's largest Canadian-owned brewery. The company is a regional brewer of award-winning premium quality and value beers and is officially certified under the Global Food Safety Standard, one of the highest and most internationally recognized standards for safe food production. Founded in 1984 as Brick Brewing Co., the company was the first craft brewery to start up in Ontario and is credited with pioneering the present-day craft brewing renaissance in Canada. Waterloo Brewing has complemented its Waterloo premium craft beers with the popular Laker brand. In 2011, Waterloo Brewing purchased the Canadian rights to Seagram Coolers and in 2015, secured the exclusive Canadian rights to both LandShark and Margaritaville.

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