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Ease of Trading Expands for Village Farms Shares

OTCQX

Vancouver, B.C., August 3, 2015 – Village Farms International Inc. (Village Farms) (VFF.TSX) (OTCQX:VFFIF), a progressive vertically integrated food company focused on growing, marketing, and distributing its branded fruits and vegetables to retailers throughout the United States and Canada, has been approved to trade on the OTCQX® Best Market in the United States under the symbol “VFFIF”. Village Farms will continue to trade on the Toronto Stock Exchange under the symbol “VFF”.

Trading on OTCQX is designed to provide existing and future U.S. based shareholders with ease of trading Village Farms’ shares and convenient access to its news and financial disclosures. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Village Farms on www.otcmarkets.com.
Michael A. DeGiglio, President & CEO of Village Farms, stated “While our operations are evenly split between the U.S. and Canada our sales are predominantly in the U.S. and over the years we continue to receive requests from U.S. individuals and institutions to purchase shares in Village Farms. In response to these requests and to increase our investor base the OTCQX market provides the solution. Village Farms was founded in the U.S. in 1987, so we are proud to be traded on a premium U.S. market.”
J.P. Galda & Co. serves as Village Farms’ Principal American Liaison (“PAL”) on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.

In addition, Village Farms announced that its financial information will be made available via S&P Capital IQ’s Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of S&P Capital IQ’s MarketScope Advisor. MarketScope Advisor is an Internet-based research engine used by more than 100,000 investment advisors. As part of the program, a full description of Village Farms will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 states under their Blue Sky Laws. S&P Capital IQ Corporation Records is available in print, CD-ROM, and via the web at www.netadvantage.standardandpoors.com as well as through numerous electronic vendors.

About Village Farms
Village Farms is one of the largest producers, marketers, and distributors of premium-quality, greenhouse-grown fruits and vegetables in North America. The food our farmers grow, along with other greenhouse farmers under exclusive arrangements are all grown in environmentally friendly, soil-less, glass greenhouses. The Village Farms® brand of fruits and vegetables is marketed and distributed primarily to local retail grocers and dedicated fresh food distributors throughout the United States and Canada. Since its inception, Village Farms has been guided by sustainability principles that enable us to grow food 365 days a year that not only feeds the growing population but is healthier for people and the planet. Natural resource efficiencies such as water conservation and renewable energy optimizing cogeneration are all part of our clean technology model of farming. Village Farms is Good for the Earth® and good for you.

About S&P Capital IQ
S&P Capital IQ, a part of McGraw Hill Financial, is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world. Evaluated pricing is prepared by Standard & Poor’s Securities Evaluations, Inc., a part of S&P Capital IQ and a registered investment adviser with the U.S. Securities and Exchange Commission. In the United States, research reports are prepared by Standard & Poor’s Investment Advisory Services LLC, a part of S&P Capital IQ and a registered investment adviser with the U.S. Securities and Exchange Commission. S&P Capital IQ provides a broad suite of capabilities designed to help track performance, generate alpha, and identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Capital IQ Valuations; and research offerings, including Leveraged Commentary & Data, Global Markets Intelligence, and company and funds research, S&P Capital IQ sharpens financial intelligence into the wisdom today’s investors need. For more information visit: www.spcapitaliq.com

For further information

Stephen C. Ruffini, Executive Vice President and Chief Financial Officer, Village Farms International, Inc., (407) 936-1190 ext 340.

S&P Capital IQ
Equity Research Operations, 212-438-4050
ers_businessoperations@spcapitaliq.com

News

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Study explores capture of clean carbon dioxide from landfill gases

11069983

A Village Farms employee at the company’s Ladner greenhouse, which burns methane gas from the Vancouver landfill to generate heat and electricity.
Photograph by: Arlen Redekop , Vancouver Sun

Local greenhouse grower Village Farms is hoping to extract clean carbon dioxide — as well as heat and electricity — from the landfill gases it burns.

The Delta-based grower has been burning methane gas from Vancouver’s landfill to generate heat and electricity for 12 years at the firm’s Ladner facility under an agreement with the City of Vancouver and BC Hydro, according to the firm’s development director Jonathan Bos. But because landfill gas is chemically inconsistent and contains contaminants, the CO2 generated by the process isn’t clean enough to be used in greenhouses and is released in exhaust.

Cogeneration using natural gas is widely regarded as a clean source of carbon dioxide and energy, said Bos. “But landfill gas is a completely different animal.”

Bos hopes a new $300,000 feasibility study — by Hallbar Consulting and the Swedish Institute of Agricultural and Environmental Engineering and funded by the Innovation Agriculture Foundation of B.C. and several industry partners — will change that, helping end the waste of a rich but untapped source of CO2.

“Landfill gas is more than 50 per cent CO2 before we burn it, so it really is a wasted resource,” said Bos.

A breakthrough that allows clean carbon dioxide to be recovered from landfill gas would be a double win, enabling the industry to extract maximum value from a waste-stream resource and potentially improving air quality in the Fraser Valley, where the greenhouse growers are concentrated.

“The people of Greater Vancouver and our own families are real stakeholders in this process,” said Bos. “We have the potential to make a long-term positive impact on emissions.”

British Columbia’s greenhouse growers are voracious consumers of carbon dioxide, a gas that is essential to plant growth and which can boost yields by up to 30 per cent when piped into greenhouses, according to a recently published government discussion paper. Greenhouses maintain CO2 levels of 800 parts per million or more, roughly double the amount that occurs in our atmosphere.

Most greenhouse growers in B.C. — including Village Farms — obtain carbon dioxide by burning natural gas, according to Linda Delli Santi, executive director of the B.C. Greenhouse Growers’ Association, a funding partner in the project.

Greenhouses use the heat created by the process to maintain optimal temperatures inside the greenhouses and a handful also generate electricity, which can be sold onto the power grid.

Landfill gas, which contains methane, can be recovered for use as a fuel or it must be flared to prevent it escaping into the atmosphere. Methane is extremely harmful to the ozone layer in earth’s upper atmosphere and is a potent greenhouse gas.

Flaring, however, releases carbon dioxide and, while it is less harmful than methane, it is also believed to fuel global warming.

“Landfill gas is an ugly, corrosive fuel and that creates all kinds of problems,” said Bos. “But there is an appetite for the CO2, a fuel source and an environmental benefit to finding a solution.”

The region’s greenhouses as well as funding partners such as Air Liquide and the B.C. Food and Beverage Association are potential customers for a clean, cheap source of carbon dioxide, Bos said.

“What we hope is to identify a process to collect (carbon dioxide) from landfill gas combustion that will be safe for people and safe for plants,” he said.

The consultants will spend the better part of the next year scouring the world for technologies and processes that can be adapted to the needs of the industry.

rshore@vancouversun.com

Read more: http://www.vancouversun.com/technology/Study+explores+capture+clean+carbon+dioxide+from+landfill+gases/11069982/story.html#ixzz3bw7wl2WM