GURU Organic Energy Corp. (TSX: GURU)
(“
GURU” or the “
Company”),
Canada’s leading organic energy drink brand1, is pleased to
announce the appointment of Patrick Charbonneau as its new
Executive Vice President, Sales. Patrick brings over 25 years of
extensive experience in the food and beverage industry, further
strengthening GURU’s executive leadership team.
A visionary and charismatic leader, Patrick is
known for his strategic acumen, operational excellence, and ability
to inspire and build high-performing teams. During his successful
tenure at PepsiCo Canada, he held three Vice President roles and
delivered exceptional results by fostering collaborative, win-win
partnerships with customers, distributors, and key
stakeholders.
Carl Goyette, President and CEO of GURU,
commented: “Patrick’s deep understanding of the food and beverage
landscape, coupled with his remarkable leadership track record,
aligns perfectly with GURU’s mission to grow sustainably while
staying true to our values. We are thrilled to have him join our
team as we continue to expand our presence across North America and
beyond.”
Patrick’s appointment comes at a pivotal time
for GURU, as the Company focuses on driving growth in key markets
while staying committed to providing consumers with better-for-you
energy solutions. His expertise will play a critical role in
solidifying GURU’s position as a leader in the organic energy drink
category and deepening its relationships with customers and
distributors.
Patrick Charbonneau shared his enthusiasm about
joining GURU: “I am excited to bring my experience to a brand that
is transforming the energy drink industry with its innovative,
plant-based offerings. I look forward to working with the team to
build on GURU’s strong foundation and deliver value to our
customers, partners, and shareholders.”
About GURU ProductsGURU energy
drinks are made from a short list of plant-based active
ingredients, including natural caffeine, with zero sucralose and
zero aspartame. These carefully sourced ingredients are crafted
into unique blends that push your body to go further and your mind
to be sharper.
To explore GURU's range of organic energy
drinks, visit www.guruenergy.com or find us on Amazon.
About GURU Organic EnergyGURU
Organic Energy Corp. (TSX: GURU) is a dynamic,
fast-growing beverage company that launched the world’s first
natural, plant-based energy drink in 1999. The Company markets
organic energy drinks in Canada and the United States through an
estimated distribution network of about 25,000 points of sale, and
through www.guruenergy.com and Amazon. GURU has built an inspiring
brand with a clean list of organic ingredients, including natural
caffeine, with zero sucralose and zero aspartame, which offer
consumers Good Energy that never comes at the expense of their
health. The Company is committed to achieving its mission of
cleaning the energy drink industry in Canada and the United States.
For more information, go to www.guruenergy.com or follow us
@guruenergydrink on Instagram, @guruenergy on Facebook and
@guruenergydrink on TikTok.
___________________1 Nielsen, 52-week period
ended November 2, 2024, All Channels, Canada vs. the same period a
year ago.
For further information, please
contact:
GURU Organic
EnergyInvestorsCarl Goyette, President
and CEOIngy Sarraf, Chief Financial
Officer514-845-4878investors@guruenergy.com
Francois Kalosfrancois.kalos@guruenergy.com
Forward-Looking InformationThis
press release contains “forward-looking information” within the
meaning of applicable Canadian securities legislation. Such
forward-looking information includes, but is not limited to,
information with respect to the Company’s objectives and the
strategies to achieve these objectives, as well as information with
respect to management’s beliefs, plans, expectations,
anticipations, estimates and intentions. This forward-looking
information is identified by the use of terms and phrases such as
“may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”,
“anticipate”, “plan”, “believe” or “continue”, the negative of
these terms and similar terminology, including references to
assumptions, although not all forward-looking information contains
these terms and phrases. Forward-looking information is provided
for the purposes of assisting the reader in understanding the
Company and its business, operations, prospects and risks at a
point in time in the context of historical and possible future
developments and therefore the reader is cautioned that such
statements may not be appropriate for other purposes.
Forward-looking information is based upon a number of assumptions
and is subject to a number of risks and uncertainties, many of
which are beyond management’s control, which could cause actual
results to differ materially from those that are disclosed in or
implied by such forward-looking information. These risks and
uncertainties include, but are not limited to, the following risk
factors, which are discussed in greater detail under the “RISK
FACTORS” section of the annual information form for the year ended
October 31, 2023: management of growth; reliance on key
personnel; reliance on key customers; changes in consumer
preferences; significant changes in government regulation;
criticism of energy drink products and/or the energy drink market;
economic downturn and continued uncertainty in the financial
markets and other adverse changes in general economic or political
conditions, as well as geopolitical developments, global
inflationary pressure or other major macroeconomic phenomena;
global or regional catastrophic events; fluctuations in foreign
currency exchange rates; inflation; revenues derived entirely from
energy drinks; increased competition; relationships with co-packers
and distributors and/or their ability to manufacture and/or
distribute GURU’s products; seasonality; relationships with
existing customers; changing retail landscape; increases in costs
and/or shortages of raw materials and/or ingredients and/or fuel
and/or costs of co-packing; failure to accurately estimate demand
for its products; history of negative cash flow and no assurance of
continued profitability or positive EBITDA; repurchase of common
shares; intellectual property rights; maintenance of brand image or
product quality; retention of the full-time services of senior
management; climate change; litigation; information technology
systems; fluctuation of quarterly operating results; conflicts of
interest; consolidation of retailers, wholesalers and distributors
and key players’ dominant position; compliance with data privacy
and personal data protection laws; management of new product
launches; use of third-party marketing, including celebrities and
influencers; review of regulations on advertising claims, as well
as those other risks factors identified in other public materials,
including those filed with Canadian securities regulatory
authorities from time to time and which are available on SEDAR+ at
www.sedarplus.ca. Additional risks and uncertainties not currently
known to management or that management currently deems to be
immaterial could also cause actual results to differ materially
from those that are disclosed in or implied by such forward-looking
information. Although the forward-looking information contained
herein is based upon what management believes are reasonable
assumptions as at the date they were made, investors are cautioned
against placing undue reliance on these statements since actual
results may vary from the forward-looking information. Certain
assumptions were made in preparing the forward-looking information
concerning availability of capital resources, business performance,
market conditions, and customer demand. Consequently, all of the
forward-looking information contained herein is qualified by the
foregoing cautionary statements, and there can be no guarantee that
the results or developments that management anticipates will be
realized or, even if substantially realized, that they will have
the expected consequences or effects on the business, financial
condition, or results of operation. Unless otherwise noted or the
context otherwise indicates, the forward-looking information
contained herein is provided as of the date hereof, and management
does not undertake to update or amend such forward-looking
information whether as a result of new information, future events
or otherwise, except as may be required by applicable law.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/5d962bd3-1a8a-4658-b87c-98f82dec924c
GURU Organic Energy (TSX:GURU)
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