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Liquid Nutrition Announcement

May 1 2013 12:00AM

Marketwire

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TORONTO, ONTARIO -- (Marketwired) -- 05/01/13 -- Liquid Nutrition Group Inc. ("Liquid Nutrition" or "Company") (TSX VENTURE: LQD)(TSX VENTURE: LQD.WT) announced today that, effective immediately, David Bellisario, who has been employed at Liquid Nutrition since January 3, 2013, has resigned as the Company's Chief Operating Officer.

Mr. Bellisario is leaving the Company to pursue personal interests. The Company wishes him well in his future endeavors.

In light of Mr. Bellisario's departure from Liquid Nutrition, the Company has elected to exercise its right to redeem the debenture previously issued to him at face value, plus accrued interest to April 30th, 2013, which is $1,004,145.28.

About Liquid Nutrition Group Inc.

Liquid Nutrition Group Inc. (LNGI) (TSX VENTURE: LQD)(TSX VENTURE: LQD.WT) is a rapidly growing, hybrid retailer of functional beverages, fresh pressed fruit juices, vitamins and supplements. Liquid Nutrition is committed to building a global brand in the health and wellness industry by bringing its healthy and delicious product offering to communities around the world. Through its wholly-owned subsidiary, Liquid Nutrition Franchising Corporation, LNGI has signed franchise agreements for over 80 stores across Canada, as well as license agreement in the Caribbean and the Middle East. For store locations, business opportunities or more information visit www.liquidnutrition.com. Please join Liquid Nutrition on Facebook and follow on Twitter @liquidnutrition.

About Team Liquid

Comprised of pro-athletes and experts in the world of sports, fitness and nutrition, members of Team Liquid were selected based on their personal and professional dedication to healthy active living. Members of the Team Liquid include: Steve Nash, Matt Ryan, Suzann Pettersen, Russell Martin, Vincent Lecavlier, Torah Bright, Elaine Hastings, RD, LD/N, CSSD, Nutritionist, Trish Stratus, seven time WWE World Champion and Yoga and Fitness icon, and Arlene Dickinson from CBC's Dragon's Den. To see what the Team Liquid has to say about Liquid Nutrition, please visit: www.youtube.com/watch?v=da785AGWQqk.

To receive Company news via email, contact erica@chfir.com and mention "Liquid Nutrition news" in the subject line.

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



Contacts:
Media Inquiries:
Liquid Nutrition Group Inc.
Glenn Young
President and CEO
(905) 815-1112
glenn.young@liquidnutrition.com

Liquid Nutrition Group Inc.
Rob Hogan
Communications
(647) 404-4808
rob.hogan@liquidnutrition.ca
www.liquidnutrition.com

Investor Relations inquiries:
Liquid Nutrition Group Inc.
Evan Brown
CFO
(905) 815-1112
evan.brown@liquidnutrition.com

CHF Investor Relations
Jeanny So
Director of Operations
(416) 868-1079 x 225
jeanny@chfir.com





Source: Marketwire


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