VANCOUVER, BC / ACCESSWIRE / October 18, 2019 / CubicFarm® Systems Corp. (TSXV:CUB) ('CubicFarms' or the 'Company') announces that it has appointed Kimberly Lim as Vice President, Investor Relations and Corporate Communications. Her responsibilities will include the execution of comprehensive investor relations and corporate communications strategies and assisting the Company with its objective of growing and diversifying its shareholder base.

Dave Dinesen, CEO of CubicFarms commented: 'We are delighted to have Kimberly join our team. She brings an exceptional background and perspective to this dual role, and we look forward to her contributions in helping to inform our stakeholders about all the great work underway at CubicFarms.'

Ms. Lim has more than 10 years' experience in investor relations and corporate communications for public and private mineral resource and technology companies, providing support in areas such as corporate financing, media relations, public relations, branding, regulatory compliance and event management. Ms. Lim holds a Bachelor of Arts in Psychology and Economics from the University of British Columbia.

Ms. Lim is eligible to purchase the Company's stock options pursuant to its stock option plan. The appointment remains subject to regulatory approval.

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.

About CubicFarm® Systems Corp.

CubicFarm® Systems Corp. is an ag-tech and vertical farming company that utilizes patented technology to cultivate high-quality produce. The Company believes that it can provide a benefit to the world by significantly reducing the physical footprint of farming, shipping costs and associated greenhouse gasses, while significantly decreasing the use of fresh water and eliminating the need for harmful pesticides.

Founded in 2015, the Company's mission is to provide farmers around the world with an efficient growing system capable of producing predictable yields with superior taste. Using its unique, undulating growing system, the Company addresses the main challenges within the indoor farming industry by significantly reducing the need for physical labour, by reducing energy, and by maximizing yield per cubic foot. The Company has sold and installed systems in Canada and the US, and is currently negotiating with a global pipeline of prospective customers. It also operates one wholly owned facility in Pitt Meadows BC, and sells its produce in British Columbia to retail customers under the brand name Thriiv Local Garden™ and to wholesale customers as well.

CubicFarm® Systems Corp's. patented growing system provides customers with a turnkey, commercial scale, hydroponic, automated vertical farm growing systems that can grow predictably and sustainably for 12 months of the year virtually anywhere on earth. CubicFarm® enables its customers to grow locally and to provide their markets with produce that is consistent in colour, size, taste, nutrition and allows for a longer shelf life. CubicFarms is focused on providing its technology to farmers to grow safe, sustainable, secure, fresh produce, nutraceutical ingredients, and animal feed. Further support and value is provided to our clients through our patent pending germination technology and proprietary auto harvesting and processing methods.

CubicFarm® Systems Corp.

www.cubicfarms.com
For further information contact:
Kimberly Lim
[email protected] Phone: +1-236-858-9076

Cautionary Notice Concerning Forward-Looking Statements

This news release includes certain 'forward-looking statements' under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, anticipated sale of this CubicFarm system to this customer. Forward looking statements are necessarily based upon a number of estimates, and assumptions (including the receipt of regulatory approvals) that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward looking statements. There can be no assurance that the sale of this CubicFarm system will be completed as currently planned or at all. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: CubicFarm® Systems Corp.