Arrowhead announces business expansion from bottled beverage water into organic farming and food products

Arrowhead announces business expansion from bottled beverage water into 
organic farming and food products 
/Not for disseminations in the United States or to US Persons./NEX- TSXV 
Trading Symbol: AWA.H 19,492,229 Common Shares Issued 
CALGARY, March 12, 2014 /CNW/ - Arrowhead Water Products Ltd. ("Arrowhead" or 
the "Company") is pleased to announce the signing of a Memorandum of 
Understanding ("MOU") with a large US based organic farming organization.  
This MOU is a natural business extension from water based retail beverages to 
water based organic farm products.  Arrowhead is remaining in the food and 
beverage business. 
The MOU calls for the creation of a newly formed subsidiary called Captiva 
Verde Farming Corp., which will be 100% owned by Arrowhead and its subsequent 
pending name change to Captiva Verde Industries Ltd., which will take place at 
Arrowhead's Annual General Meeting scheduled to be held on March 17, 2014. 
Captiva Verde Farming Corp. will be a sister company creation from this US 
based farming organization which has been growing organic spinach, kale, 
lettuce, arugula and various salad mixtures since 1983 and in the farming 
industry itself, for four generations.  The US based farming organization has 
been experiencing an exponential growth rate for the past decade and feels it 
beneficial to launch a high growth, sister organization through the present 
structure of Arrowhead. 
The MOU, which creates a fresh new organization, also calls for Arrowhead's 
CEO to contribute his personal allocation of 4.8 million cubic feet per year 
of agricultural water rights, to be contributed to the new subsidiary.  
Further, the Arrowhead CEO will contribute his private farmland holdings in 
California as well as an arrangement to utilize any underutilized excess land 
of Greenbriar Capital Corp.  All contributions will be made under standard, 
industry-based lease agreements.  The US-based organic farming organization 
will add its proprietary organic farming expertise, its proprietary farmland 
lease acquisition methodology and all of its knowledge and expertise, in 
adding value to the farm to table food cycle. 
Subject to shareholder and regulatory approval, Arrowhead will issue 40 
million performance based earn-out shares to various members of the current 
Arrowhead management team and the US based farm corporation.  The shares will 
be issued at the rate of one (1) share per US $0.25 (twenty-five cents) of 
gross farm operating income ("GFOI").  The shares are to be divided to 
multiple non-related parties and therefore no control shareholders will be 
created.  This transaction, in management's opinion, is neither a reverse 
takeover nor a change of business. 
GFOI is defined as net farm receipts minus direct farm operating expenses.  
The new subsidiary is already cultivating approximately 175 acres of prime 
farmland and the first seeding is expected to take place at the end of March.  
It is anticipated that the 175-acres will yield four (4) crops before the end 
of this year.  The new subsidiary will begin to acquire additional farm leases 
and add to the value chain by providing the US with much needed, organically 
grown leaf vegetables.  Organic green leaf vegetable production cannot meet 
current consumer demand.  The US based farm organization is the single largest 
farm provider of organic spinach in the US.  Arrowhead will complete all the 
standard lease agreements and seek an extraordinary meeting to gain 
shareholder approval.  Management feels that the only risk in this business is 
the customary risks associated with farming operations such as weather, 
governmental regulations and changes in consumer demand. 
Arrowhead is currently well funded to initiate the farming cycle and revenues 
are accrued 30-days after each planting. 
Jeff Ciachurski, CEO of Arrowhead states "we are pleased to be expanding from 
our recently sold beverage business, into the high growth market of organic 
farming and food products.  As a for-profit business, our Management feels 
that it has a responsibility to society to minimize its ecological footprint 
while maximizing the quality of products it will deliver to its customers.  
This involves the implementation of business and farming practices that will 
conserve natural resources and energy protect the environment and enhance 
relationships with employees and local communities.   The Company believes in 
providing a safe, clean, efficient and socially responsible work environment 
for all employees." 
On behalf of the Board of Directors of the Company and for further 
information, please contact: 


    Jeffrey Ciachurski                               Michael Boyd
    Chairman and Chief Executive Officer             Director
    9 Landport,  Newport  Beach,                     Tucson, Arizona
    California,  USA  92660                          Office: (520) 275-0979
    Cell: (949) 903-5906                             E-mail: azmboyds@aol.com
    E-mail: westernwind@shaw.ca
    ---

READER ADVISORY

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

This news release contains forward-looking statements. The Company has 
provided the forward-looking statements in reliance on assumptions that it 
believes are reasonable at this time. The reader is cautioned that the 
assumptions used in the preparation of the forward-looking statements may 
prove to be incorrect. All such forward-looking statements involve substantial 
known and unknown risks and uncertainties, certain of which are beyond the 
Company's control. Such risks and uncertainties include, without limitation, 
delays resulting from or inability to obtain required regulatory approval. The 
actual results, performance or achievements could differ materially from those 
expressed in, or implied by, these forward-looking statements and, 
accordingly, no assurances can be given that any of the events anticipated by 
the forward-looking statements will transpire or occur, or if any of them do, 
what benefits, including the amount of proceeds, the Company will derive 
therefrom. Readers are cautioned that the foregoing list of factors is not 
exhaustive.



SOURCE  Arrowhead Water Products Ltd. 
Jeffrey Ciachurski, Chairman and Chief Executive Officer, 9 Landport, Newport 
Beach, California, USA 92660, Cell: (949) 903-5906, E-mail: 
westernwind@shaw.ca, Michael Boyd, Director, Tucson, Arizona, Office: (520) 
275-0979, E-mail: azmboyds@aol.com 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/March2014/12/c2354.html 
CO: Arrowhead Water Products Ltd.
ST: Alberta
NI: AGR  
-0- Mar/12/2014 07:46 GMT
 
 
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