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Element Nutritional Sciences Inc
Symbol ELMT
Shares Issued 95,784,996
Close 2022-09-14 C$ 0.265
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Element Nutritional to sell Rejuvenate at Stop & Shop

2022-09-15 07:11 ET - News Release

Mr. Stuart Lowther reports

ELEMENT NUTRITIONAL SCIENCES EXPANDS U.S. RETAIL DISTRIBUTION WITH STOP & SHOP

Element Nutritional Sciences Inc. has executed a listing agreement and received prelaunch orders from The Stop & Shop Supermarket Company LLC to distribute the company's flagship Rejuvenate muscle activator ready-to-drink beverage across 400 Stop & Shop locations. It is expected that Rejuvenate muscle activator will be available on shelves at Stop & Shop stores by November, 2022.

Established in 1914, Stop & Shop employs 58,000 associates through more than 400 stores in Massachusetts, Connecticut, Rhode Island, New York and New Jersey (1). This listing agreement follows Element's recently announced distribution agreement launching Rejuvenate into the $31-billion (U.S.) U.S. convenience vending industry (2) with North America's largest convenience vending supplier. Rejuvenate products are now available at over 16,000 points-of-distribution in the United States and 750 locations in Canada.

Stuart Lowther, chief executive officer of Element, commented: "Today's announcement marks another step towards further scaling our diversified distribution footprint in the United States with a household name in the grocery channel. With Rejuvenate products now established in the pharmacy channel and over our e-commerce platform, growing distribution through grocery stores is a natural next step to Element gaining market share and is expected to help drive long-term profitable growth."

About Element Nutritional Sciences Inc.

Element is an innovative and research-driven Canadian nutraceutical company specializing in the development of patented and science-based products for the global consumer packaged goods market, with a portfolio focused specifically on men and women over the age of 40. Element's lead product, Rejuvenate, 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 conditions. Element also offers JAKTRX, an elite brand of performance supplements. Element was founded in 2015 and is located in Burlington, Ont.

(1) See Ahold Delhaize website.

(2) National Automatic Merchandising Association (NAMA).

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