PRESS RELEASE

Paterson Global Foods
22nd Floor – 333 Main Street
Winnipeg MB, Canada R3C 4E2

October 3, 2019

Paterson GlobalFoods Oat Mill

Paterson GlobalFoods (PGF) is pleased to announce the construction of Canada’s most innovative Oat processing facility.

The facility will be located on PGF’s 600 acres adjacent to its existing inland grain terminal and ancillary businesses in northwest Winnipeg.

The new oat mill to be known as O Foods Ltd. when completed, will annually process up to 250,000 metric tonnes of raw oats from Western Canadian farmers. The oat mill will produce a full range of high health oat products for the world market. The mill will be situated on Manitoba’s largest private rail siding, consisting of 260 rail cars serviced by Canadian Pacific, Canadian National and BNSF. This exceptional rail service will offer the greatest access possible to the North American market.

Construction will commence immediately.

Mr. Andrew Paterson, PGF’s President and Chief Executive Officer, has stated:

“Paterson’s new oat mill will allow PGF to continue to diversify its commodity business with value added products for the benefit of consumers and farmers alike.”

“Paterson Global Foods is a Manitoba success story that has helped make our province a great place to live, work and do business,” said Manitoba Premier Brian Pallister. “Manitoba is leading the nation in private sector capital investment and our government is committed to building off that momentum to create 40,000 private sector jobs over the next four years. I want to thank Paterson for their historic investment today, and for their continued confidence in the growth of our province.”

Media Contact: info@patersongrain.com – For more information about Paterson Grain please contact the head office located in Winnipeg, MB by calling 204-956-2090.

About Paterson GlobalFoods Inc.

PGF is a private, family owned business with a long-standing history deeply rooted in Canadian agriculture. Originally established in 1908 as N.M. Paterson & Company Limited, PGF attributes its success and esteemed reputation for service and commitment to shipping high quality agricultural commodities and food products to consumers across North America and the world. Today, PGF is a conglomerate of international businesses. PGF prides itself on efficient use of large scale operations and vertical integration of its resources.  These practices continue to allow PGF to achieve competitive advantage in international agricultural commodities and food products by using a unique efficiencies and commodity growing, gathering, trading, processing, transporting and milling.