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Encore Vineyards raising $5 million with tax advantaged OM

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Okanagan-based Encore Vineyards plans to raise up to $5 million by way of an offering memorandum. The company has set a maximum, for this offering, of 5 million preferred shares priced at $1.00 per share, with a minimum subscription of $2,500 for each investor.

Additional Information:

Company: Encore Vineyards
Website: NA
Stock Symbol: NA
Date Published: Sep 17, 2014
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

We’d like to introduce you to an investment opportunity designed for the wine lovers amongst us.

Okanagan-based Encore Vineyards plans to raise up to $5 million by way of an offering memorandum.

The company has set a maximum, for this offering, of 5 million preferred shares priced at $1.00 per share, with a minimum subscription of $2,500 for each investor.

As Encore Vineyards is registered as an Eligible Business Corporation, or EBC, under the Small Business Venture Capital Act of British Columbia, the company will be able to issue tax credit certificates for 30% to investors who are residents of British Columbia.

InvestmentPitch has produced an educational video which fully explains the tax advantages of the BC tax credit, which may be viewed by visiting www.investmentpitch.com and entering “tax credit” in the search box.

Encore Vineyards is located in British Columbia’s Okanagan Valley which readers of USA Today recently voted in second place as the “Best Wine Region to Visit” in the world.

Given the relative youth of the Okanagan wine region, as compared to established European regions, this latest accolade is yet another testament to the quality of the Okanagan vineyards, winemakers, and wineries.

Encore Vineyards is a fully integrated wine company known for brands such as the McWatters Collection and TIME Estate Winery.

The company owns and operates Canada’s most awarded vineyard, the 60 acre Sundial Vineyard located on the renowned Black Sage Bench in Oliver.

Sundial, planted in 1993, produces 250 tons annually from premium Vinifera Varieties.

Construction has already commenced for this new and unique custom wine production facility and winery which will be constructed at the Sundial location.

This new 25,000 square foot facility, shown in this artists’ rendering, will be home to the Time and McWatters Collection brands and will have a production capacity of 50,000 cases annually.

Custom production, crush and bottling services for smaller wineries will provide a secondary source of income and profit centre.

The company intends to purchase an additional winery located in the Okanagan that will be home to a new ultra-premium brand and has identified several wineries and brands that fit its business and roll-up plan.

Encore’s management team, with more than 155 years of combined experience, is headed by President & CEO Harry McWatters.

In 1980, Harry founded Sumac Ridge Estate Winery, BC’s first estate winery, and subsequently founded See Ya Later Ranch Estate winery in 1995, both later sold to Vincor Canada.

Harry was instrumental in founding VQA Canada and served as its first chairman.

For more information about this investment and to obtain a copy of the offering memorandum, please contact Bob Fraser at 604-727-6959 or email bfraser@syntaris.com.

I’m Samantha Deutscher for Investmentpitch Media
For more video news, and to view our disclaimer, be sure to visit our website at www.investmentpitch.com
This video is for information purposes only and it not a recommendation to buy or sell any securities.


USA Today recently held their “10 Best” awards, and the Okanagan Valley took second place in the Reader’s Choice for “Best Wine Region to Visit”.