Prime Drink Group Provides an Update on Its Bottling Subsidiary Receivership

Core Viewpoint - Prime Drink Group Corp.'s bottling subsidiary, Triani Canada Inc., has been placed into receivership, ceasing operations as of June 10, 2025, due to a request from principal creditors [1] Group 1: Company Operations - The parent company, Prime Drink Group Corp., and its other subsidiaries are not affected by the receivership of Triani, and operations continue [2] - Prime is evaluating options to acquire certain strategic assets of Triani and is considering other avenues regarding Triani and its stakeholders [3] Group 2: Management and Strategy - The company aims to recover what is owed and continue developing its strategic water and beverage assets, emphasizing its commitment to innovation and brand strategy [4] - Jean Gosselin has been appointed as Chief Financial Officer, bringing over 40 years of experience in finance and operations [5] Group 3: Industry Commitment - Prime reaffirms its commitment to the responsible development of water resources in Québec, with positive discussions ongoing with government authorities [5] Group 4: Company Overview - Prime Drink Group Corp. is a Québec-based corporation focused on becoming a leading diversified holding company in the beverage, influencer media, and hospitality sectors [6]