WINNIPEG, MANITOBA--(Marketwire - Aug. 12, 2011) - Legumex Walker Inc. (TSX:LWP) (the "Company") filed today its financial statements for the second quarter of 2011. The financial statements are for the period of April 20, 2011 (the date of its formation) to June 30, 2011.
The Company was formed on April 20, 2011 and commenced operations on July 14, 2011, the date of its initial public offering and date of its acquisition of RECO Holdings Ltd., Walker Seeds Ltd. and the acquisition by Pacific Coast Canola, LLC of the assets of Home Grown Oil, LLC. The results to June 30, 2011 do not include any of the result of operations of the acquired companies since the Company was not in operation at any time during the period. The "Management Discussion and Analysis" for the period ended June 30, 2011 describes the material events that have occurred since the June 30 close of the quarter.
The Company will report actual consolidated financial results from the start of its operations on July 14, 2011 for the period ended September 30, 2011 and then quarterly thereafter.
About Legumex Walker Inc.
Legumex Walker is a growth-oriented processor and merchandiser of pulses (lentils, peas, beans and chickpeas), other special crops and canola products. As a result of the combination of the Roy Legumex Group of Companies and Walker Seeds Ltd., the Company is one of the largest processors of pulses and other special crops in Canada, with nine processing facilities strategically located in key growing regions throughout Saskatchewan and Manitoba, a global sales, logistics and distribution platform and access to multimodal transportation capabilities. Through its 85 percent interest in Pacific Coast Canola, LLC, a company that is constructing a canola oilseed processing facility in Washington State.
This press release contains "forward-looking information" within the meaning of Canadian securities laws, which may include, but are not limited to statements relating the reporting of financial results for future periods. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the final prospectus of Legumex Walker dated June 30, 2011 available on sedar.com. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.
Contact Information:
(612) 839-5172
jon@jaustingroup.com