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New Age Farm Issues $2 Million Contract to Start Site Preparation for Buildout at its Langley Facility
VANCOUVER, British Columbia, March 02, 2017 (GLOBE NEWSWIRE) -- New Age Farm Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF) (www.newagefarminc.com) (“New Age Farm” or the “Company”), is pleased to announce it has entered into a letter of agreement (the “LOA”) with a local contractor (the “Contractor”) to begin site preparation work on its Langley facility for the future build out of the planned processing, cold storage, and dry storage warehouse (the “Warehouse”). Under the terms of the LOA, the Contractor will bulk excavate up to 65,000 cubic yards of peat from designated areas, screen it on site and backfill all excavated peat areas with structural fill to support the foot print of the Warehouse. more
New Age Farm acquires more greenhouse space
Vancouver, British Columbia (FSCwire) - New Age Farm Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF) (www.newagefarminc.com) (“New Age Farm” or the “Company”), has acquired a further 24,000 square foot greenhouse structure to augment the previously announced addition of a 21,000 square foot greenhouse (see news release dated November 29, 2016). By adding these two structures, totalling 45,000 square feet, to the existing 5,600 square foot state of the art facility completed in 2016Q4, New Age Farm’s Tier 2 and Tier 3 tenant-growers will be able to grow at full, 100% allowable I-502 capacity, year-round. The entire 45,000 square feet of greenhouse structure combines Cravo, Nexus and Hired Hand Green components for state of the art capabilities and 14 foot high trusses provide an ideal environment for growing large plants. more