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Month: June 2021

Pontus Selects General Contractor And Owner’s Representative to Complete Development At its Surrey Farm Facility

VANCOUVER, B.C., June 17, 2021. Pontus Protein Ltd. (TSXV: HULK, OTCQB: HLKKF, FSE: 8YC) (“Pontus” or the “Company”) is pleased to announce that it has selected ICE Constructors Ltd. (“ICE Constructors”) as the General Contractor and EllisDon Construction Svc. Inc. (“EllisDon”) as the Owners Representative to complete Pontus’ Surrey, British Columbia farm facility (the “Facility”). Both collaborative parties have already initiated work on the construction of the Facility.

Pontus has divided the development of the Facility into Three Phases. Phase One was the lab build, which is now complete, and production is set to start in approximately a week with the arrival of Pontus’ water lentils. Phase Two includes the full production capability, and has been initiated by EllisDon and ICE Constructors. The final phase, Phase Three, is the added value phase, and includes the installation of the Facility’s production kitchens.

About ICE Constructors 

ICE Construction, part of the ICE Group of Companies, founded in 2004, has been executing the base build, design-build and tenant improvements of various British Columbia business, including the BC Liquor Branch Head office in Burnaby. ICE Construction also has experience in vertical farming as well as agritech, working with various cannabis producers helping design their manufacturing facilities.

ICE was selected for its experience in other local facility builds in the region and support/recommendations the Company received from the skilled trades keen to work on this project.

Sonny Sangha, President of ICE Group of Companies, stated, “We are excited to work on this project. Projects like this do not come along every day, and I believe we can both learn from each other. The Pontus team is motivated to get this project complete.”

About EllisDon 

EllisDon is a global project management and construction services company founded in 1951, which will act on behalf of Pontus to oversee the construction and ensure the build meets the design and standards set out by Pontus. EllisDon brings similar experience to the construction of Pontus’ Facility, and has experience in Agri manufacturing facilities including Cavendish Farms.

EllisDon was selected to represent Pontus and ensure the build meets the original design and high standards set out by Pontus. EllisDon’s experience working in sensitive environments, such as clean hospital environments, lends its highest standards as the Facility is a food facility and must practice the highest biosecure standards. Also, EllisDon’s commitment to sustainability is aligned with Pontus’ core values.

Jonathan Motyka, Senior Project Manager from EllisDon, added, “Yes, we’re excited too, to be able to work with an up-and-coming company to deliver a unique and, dare I say it, cool facility.”

About Pontus Protein Ltd. 

Pontus Protein Ltd. is a Vancouver, B.C. based technology company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95% less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source. Pontus aims to revolutionize the plant based sector as the entire sector is currently based on two main protein sources: soy and pea. Water lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims to be the base protein for nutrition rich plant based food products, functional foods and nutraceuticals to support the movement transitioning the world from meat based to plant based proteins.

To learn more, please visit pontuswaterlentils.com.

*https://www.infood.net/visitor/collection/75?portion_size=100 

On behalf of the Board of Directors  

“Connor Yuen”

Connor Yuen, CEO 
Pontus Protein Ltd.

Contact Information 

For more information, please contact:

Connor Yuen 
Chief Executive Officer

For further information: 

Investor Relations or Media enquiries:

[email protected] 
(403) 589-7992 

Forward-Looking Information 

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to Pontus’ ability to revolutionize the plant based sector as well as the anticipated delivery of Pontus’ water lentils and production start date. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. These risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the failure of Pontus to receive the necessary approvals from the Canadian Food Inspection Agency for its products and facilities, the inability to complete the construction of the Facility or specific phase thereof, as well as other general business, economic, or market related risks beyond the director control of the Company and which may affect the Company’s business, operations, or products. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Meet HARV – Our Automated Technology for Vertical Farming

Did you know there is a shortage of farmers? Recent data from the Conference Board of Canada’s research showed 41% of farmers were unable to hire enough workers in 2021.

This is not just a Canadian issue, but to feed 9 billion people globally, there is a shortage of food and a shortage of farmers. Pontus has always focused on addressing these issues with a pure and natural complete protein that is highly nutritious and grown sustainably. As a technology company, we are developing the technology to address the shortage of farmers and the food shortage. 

Recently we submitted our international patent for a Harvesting Automated Robotic Vehicle or “HARV” for short. HARV is a vertical farm rack system and automated plant tending and harvesting robot designed to work alongside and assist Pontus’ Closed Environment Vertical Aquaponics System or CEVAS system

HARV

Pontus worked with Automation Experts out of Calgary, Alberta, when their research showed there was no robot in place that could support the crop. Water Lentils are the world’s fastest growing leafed plant, and they usually need to be harvested every 24-72 hours. With CEVAS, it can be even more frequent. 

Pontus and Automation Experts did a comprehensive search, and most robots are simply to move trays of plants down to a lower level for tending of the plants. Great for pot plants, not so great for water beds. It isn’t efficient, and it also adds in more interaction with humans, which we have already seen may be an issue to hire the right people. It also increases the opportunity for pathogens and contamination.

Biosecure for Vertical Farming 

The Pontus facility is biosecure designed to minimize the chance of pests, diseases and contamination. It allows Pontus’ facility to be truly organic with no pesticides and chemicals needed in the process. Being biosecure improves the health of the plants, the fish and ultimately the humans who eat the produce. It’s also safer to get a robot climbing up 30 feet and doesn’t require scissor lifts with fall arrest for a human working at that height. 

The team led on the Pontus side by Steve McArthur, CTO, designed a sleek and high-tech robot to harvest and tend the water lentils.

Steve McArthur – CTO Pontus Protein Ltd.

Keeping a low profile on the robot allows there to be nine levels of vertical farming. The additional levels increase the yield in the facility and make for more cost-effective use of the land. Adding the technology to the robot, rather than the vertical farming beds, which is the industry standard way to do it, will reduce the cost to build the facilities, as the technology is in HARV. 

“HARV harvests the water lentils that are ready to be harvested into a strainer basket. When it detects the basket is full, HARV has an elevator that allows it to go down the levels, to empty the basket, and then back up to carry on tending the plants and continue the daily harvest,” – Stephen Bruce Wong, CEO Automation Experts 

Efficiency is key, and using technology to drive production of sustainable organic crops is core to the Pontus mission. 

“HARV does everything we want it to. It helps maintain and manage the crops and will help us optimize the growth lifecycle of the crop. If you look at the other water lentil companies, such as Parabel, they grow outdoors in huge tanks, like cranberry farming. Outdoor farming introduces pests, and pesticides, has a shorter growing season and requires more land.

CEVAS

“Our CEVAS system is much more sustainable and looks to the future of food. It means that the environment is much more predictable, and we can use HARV to handle the care and harvesting of the crops.” – Steve McArthur CTO, Pontus.

The team chose a global patent to allow the company to take the technology as it expands across the country and into new geographies. You can find out more by joining Steve McArthur and Steve Bruce Wong on Tuesday 15th June at 12 noon PT, follow on Facebook

 

 

Pontus Files International Patent Application For Automated Vertical Farm Harvesting Robot

VANCOUVER, B.C., June 9, 2021. Pontus Protein Ltd. (TSXV: HULK, OTCQB: HLKKF, FSE: 8YC) (“Pontus” or the “Company”), is pleased to announce that it has filed an international patent application through the Patent Coordination Treaty with the World Intellectual Property Organization for Pontus’ proprietary Harvesting Automated Robotic Vehicle or “HARV” for short. HARV is a vertical farm rack system and automated plant tending and harvesting robot designed to work along side and assist Pontus’ Closed Environment Vertical Aquaponics System or CEVAS system.

Pontus’ initial crop, water lentils, is the fastest growing leafed plant.* Pontus’ CEVAS helps accelerate the growth of Pontus’ water lentils, requiring the plant to be harvested every 24 hours. Pontus developed the HARV technology to allow the crop to be automatically harvested daily. In addition, due to its low profile, Harv will enable Pontus to stack nine levels of vertical farming at its Surrey, British Columbia production facility.


Steve McArthur, Chief Technology Officer, Pontus, stated, “Talking with the experienced team at Automation Experts (an automation and innovation company based in Calgary, Canada), we were able to identify that there was no robot out there that handled everything we needed it to do. By harvesting the crop in situ, using HARV, we will reduce the space between the water beds and increase the number of levels, increasing efficiency and the yield. We are beyond excited about pairing HARV with our CEVAS system, as we see CEVAS as a greener, more ecologically sustainable way of producing high nutrition food products.”

Stephen Bruce Wong, CEO, Automation Experts, added, “HARV is more than a mechanical tool for harvesting. It will manage the farm and give us critical insight and data regarding the optimization of the growing environment. The robotics in HARV will allow Pontus to eliminate moving parts from the structure thus lowering the cost to build Pontus’ vertical farms as the water beds can be dumb and do not need the technology built into them. It also uses machine learning and artificial intelligence to support all aspects of the growing process.”

The patent filing is part of the technology leadership in the aquaponic space that Pontus continues to secure.

About Pontus Protein Ltd.

Pontus Protein Ltd. is a Vancouver, B.C. based technology company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95% less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source. Pontus aims to revolutionize the plant based sector as the entire sector is currently based on two main protein sources: soy and pea. Water lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims to be the base protein for nutrition rich plant based food products and nutraceuticals to support the movement transitioning the world from meat based to plant based proteins.

To learn more, please visit pontuswaterlentils.com.

*https://www.infood.net/visitor/collection/75?portion_size=100

*https://www.zmescience.com/science/fastest-growing-plant-02022021/

On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO
Pontus Protein Ltd.

Contact Information

For more information, please contact:

Connor Yuen
Chief Executive Officer

For further information:

Investor Relations or Media enquiries:

[email protected]
(403) 589-7992

Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to Pontus’ ability to revolutionize the plant based sector. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. These risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the failure of Pontus to receive the necessary approvals from the Canadian Food Inspection Agency for its products and facilities, the inability to complete Pontus’ Surrey-based production facility, as well as other general business, economic, or market related risks beyond the director control of the Company and which may affect the Company’s business, operations, or products. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Pontus Begins Trading on OTC Markets in the US

VANCOUVER, B.C., June 1, 2021. Pontus Protein Ltd. (TSXV: HULK, OTCQB: HLKKF, FSE: 8YC) (“Pontus” or the “Company”), is pleased to announce that its common shares have commenced trading on the OTCQB Venture Marketplace (“OTCQB”) in the United States under the symbol “HLKKF”.

The OTCQB is a US trading platform that is operated by the OTC Markets Group in New York providing access to the significant US investor base. Pontus’ OTCQB information can be found on the OTC Markets website: https://www.otcmarkets.com/stock/HLKKF/overview.

Connor Yuen, CEO of Pontus, stated: “Our listing in the US on the OTCQB allows us to offer our current and future US investors easier access to buy and trade Pontus shares in the very active plant protein market. It will also increase visibility and access to the highly active agritech market in the US. This is an excellent opportunity to expand our investor base beyond Canada and Europe.

Pontus’ common shares are now available through the major brokers in the US, including TD Ameritrade, Fidelity, Tradestation, Interactive Brokers, E-Trade, Ally Invest and Charles Schwab.

With the commencement of trading on the OTCQB, Pontus will now be available for trading on three marketplaces around the world including the Frankfurt Stock Exchange, the world’s third largest exchange, and the Toronto Stock Venture Exchange.

OTCQB trading is non-dilutive to existing Pontus shareholders, as no new common shares are being issued to enable trading on the OTCQB.

About Pontus Protein Ltd.

Pontus Protein Ltd. is a Vancouver, B.C. based company that grows water lentil protein for commercial use. Pontus is reinventing agriculture with their proprietary Closed Environment Vertical Aquaponic System (CEVAS) – the farming of the future. Pontus specializes in the indoor vertical farming of water lentils that use 95% less water than traditional agriculture and no pesticides or chemicals. Pontus is committed to solving the global food crisis by providing access to sustainable indoor biosecure pure plant based proteins. Pontus’ water lentils can be harvested every 24 hours, exceed organic certification, and can be grown in any climate in a relatively small area. Our water lentil protein is filled with antioxidants, minerals, vitamins and all the amino acids, making a complete protein food source. Pontus aims to revolutionize the plant based sector as the entire sector is currently based on two main protein sources: soy and pea. Water lentil protein is far superior to pea and soy protein. It contains over 40% protein vs. 5-36% protein*, and Pontus aims to be the base protein for plant based food products, leading to the movement transitioning the world from meat based to plant based proteins.

To learn more, please visit pontuswaterlentils.com.

*https://www.infood.net/visitor/collection/75?portion_size=100

On behalf of the Board of Directors

“Connor Yuen”

Connor Yuen, CEO
Pontus Protein Ltd.

Contact Information

For more information, please contact:

Connor Yuen
Chief Executive Officer

For further information:

Investor Relations or Media enquiries:

[email protected]
(403) 589-7992

Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, Pontus’ ability to revolutionize the plant based sector. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. These risks include, but are not limited to, the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the failure of Pontus to receive the necessary approvals from the Canadian Food Inspection Agency for its products and facilities, the inability to complete Pontus’ Surrey-based production facility, as well as other general business, economic, or market related risks beyond the director control of the Company and which may affect the Company’s business, operations, or products. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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