STOCK TITAN

Justera Announces Supply Agreement for Costco Korea

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Justera Health Ltd. announces that its subsidiary, Naturevan Nutrition Ltd., has entered into an agreement to supply health food products to Costco Korea through its distributor, JS Foods Global. This collaboration will allow Naturevan to distribute its premium health products to Costco Wholesale Korea Ltd., expanding its international reach.
Positive
  • None.
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - October 30, 2023) - Justera Health Ltd. (CSE: VTAL) (OTC Pink: SCRSF) ("Justera" or the "Company") is pleased to announce that the Company's wholly-owned subsidiary, Naturevan Nutrition Ltd., ("Naturevan"), has entered into an agreement to supply to Costco Korea through its distributor, JS Foods Global ("JS Foods"), a health food distributor with operations spanning the U.S.A., South Korea, Japan, and Canada, on October 23, 2023. This agreement will facilitate the distribution of Naturevan's premium health products to Costco Wholesale Korea Ltd., ("Costco Korea"). This is a significant development in the Company's ongoing commitment to providing its top-quality health food products to consumers around the world.

"We are thrilled to distribute our products to Costco Korea in collaboration with our partner, JS Foods Global. Costco Korea's reputation for quality and excellence in serving its customers makes this collaboration even more exciting. We are confident that this will help us bring the benefits of our health food products to an even broader international audience," said Edward Park, Chief Executive Officer of the Company.

About Costco Korea

Costco Korea is a prominent retail chain that brings the wholesale warehouse shopping experience. Known for its wide selection of quality products, competitive prices, and membership-based model, Costco Korea caters to both individual shoppers and businesses. With a commitment to value, convenience, and a diverse range of goods, Costco Korea has established itself as a go-to destination for those seeking cost-effective and high-quality shopping solutions.

To learn more, please visit: https://www.costco.co.kr/.

About JS Foods

JS Foods introduces healthy food from around the world to consumers to enjoy at home and abroad using a global network. JS Foods is based on years of research and development to ensure a high standard of quality healthy food. The company creates natural healthy foods without additives or chemicals. The global brand is made up of different health food brands spanning across the globe to provide their exclusive health food brand.

To learn more about JS Foods Global, please visit: www.jsglobal.com.

About Justera

Established in 2020, Justera Health Ltd. is a Canadian Company focused on health and wellness. Through its services, innovative products, strategic partnerships, Justera empowers individuals to prioritize their well-being. With four subsidiaries, it offers personalized healthcare services and solutions, such as IV Vitamin Therapy, premium nutritional supplements through its Naturevan Nutrition brand, a full 360-degree wellness and spa experience through Juillet Wellness that provides registered massage therapy, acupuncture, and new retail stores in Vancouver. Justera's mission is to enhance Canadians overall well-being with diverse solutions catering to individual needs.

For additional information on Justera and other corporate information, please visit the Company's website at www.justerahealth.com.

For more information about the Company, please refer to the Company's profile on SEDAR+ at www.sedarplus.com.

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

For further information:

Investor Relations & Communications

Priya Monique Atwal, Director of Communications
Tel: (416) 901-5611 x 204
Email: priya@justerahealth.com

Edward Park, Chief Executive Officer
Tel: (416) 901-5611 x 203
Email: epark@justerahealth.com

Forward-Looking Statements:

Certain statements contained in this news release may constitute forward-looking information, including statements relating to the future development of Justera's business. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The actual results of Justera could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Justera operates, prevailing economic conditions, changes to Justera's strategic growth plans, and other factors, many of which are beyond the control of Justera. Management of Justera believes that the expectations reflected in the forward-looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents Justera's expectations as of the date hereof and is subject to change after such date. Justera disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events, or otherwise, except as required by applicable securities legislation.

###

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185507

FAQ

What is the name of the company mentioned in the press release?

The company mentioned in the press release is Justera Health Ltd.

Who is the subsidiary involved in the agreement?

The subsidiary involved in the agreement is Naturevan Nutrition Ltd.

Which distributor will facilitate the distribution to Costco Korea?

JS Foods Global will facilitate the distribution to Costco Korea.

Where does JS Foods have operations?

JS Foods has operations spanning the U.S.A., South Korea, Japan, and Canada.

When was the agreement made?

The agreement was made on October 23, 2023.

What is the significance of this agreement for Justera Health Ltd.?

This agreement is a significant development in Justera Health Ltd.'s ongoing commitment to providing its top-quality health food products to consumers around the world.

Who is the Chief Executive Officer of Justera Health Ltd.?

The Chief Executive Officer of Justera Health Ltd. is Edward Park.

JUSTERA HEALTH LTD

OTC:SCRSF

SCRSF Rankings

SCRSF Latest News

SCRSF Stock Data

883.97k
242.98M
1.99%
Diagnostics & Research
Healthcare
Link
United States of America
Toronto