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Breckenridge Distillery Expands Its Colorado Presence with Cheba Hut Partnership
Globenewswire· 2026-03-18 11:00
Core Insights - Breckenridge Distillery partners with Cheba Hut to offer its products across 18 locations in Colorado, enhancing brand visibility and customer experience [2][4] - The collaboration aims to create a relaxed atmosphere for customers to enjoy Breckenridge's award-winning spirits alongside Cheba Hut's toasted subs [3][5] Company Overview - Breckenridge Distillery, founded in 2008, is recognized as the "World's Highest Distillery" and is known for its high-rye mash American-style whiskey [8] - The distillery has received numerous accolades, including being a 3x Icons of Whisky and 10x Best American Blended winner at the World Whiskies Awards [9] Product Offerings - Breckenridge Distillery's Bourbon Whiskey will be available at all participating Cheba Hut locations, while the Mountain Shot whiskey will be featured at select locations in Boulder, Dillon, and Denver [4] - The Mountain Shot is noted for its smooth chocolate-mint flavor, making it suitable for après-ski or late-night enjoyment [4] Marketing Strategy - The partnership emphasizes a shared cultural connection between Breckenridge Distillery and Cheba Hut, focusing on community engagement and high-quality experiences [4][5] - Drink specials, including a shot-and-a-beer combo, will be offered to enhance customer experience and promote the new product offerings [3][5]
Chilco River Holdings Provides Shareholder Update on Strategic Projects and Progress
Newsfile· 2025-07-14 11:30
Core Insights - Chilco River Holdings, Inc. is making significant progress in its gold recovery joint venture in the Philippines, with an estimated 1.7 million tons of tailings valued at approximately US$115 million, including US$100 million in gold and US$15 million in silver [2] - The acquisition of Excuse Wine & Spirits, Inc. is nearing completion, which will enable the launch of three premium alcohol brands in the bourbon whiskey, tequila, and ready-to-drink cocktail categories [5][6] - The company is developing a national sales and fulfillment infrastructure to support online alcohol sales, which have shown a 17% year-over-year growth, exceeding $9.3 billion in 2024 [9] Gold Recovery Project - The project site is located approximately 200 kilometers southeast of Manila and has historical production data supporting the current estimates [2] - The metallurgical engineering team has ordered new industrial pumps and infrastructure for the carbon-in-leach circuit, essential for gold extraction [3] - A CAT 950 front-end loader is being procured to facilitate onsite excavation and handling of tailings, marking a pivotal step towards full-scale production [4] Alcohol Beverage Acquisition - The acquisition of Excuse Wine & Spirits is in its final stages, with documentation being finalized and expected closure within the next week [5] - The company has conducted rigorous market testing for its new products, receiving overwhelmingly positive feedback from major metropolitan regions [6] - Negotiations are underway with major distributors and retailers to bring the new products to market at scale, with the premium bourbon expected to launch first [7] E-commerce and Market Strategy - Chilco is building a large-scale national sales and fulfillment infrastructure to enable legal online purchases and shipments to over 39 states [8] - The strategic positioning aims to capitalize on the growing online alcohol sales market, maximizing reach, efficiency, and profitability [9] - The company is focused on building a diversified portfolio that leverages high-growth opportunities in both consumer and industrial sectors [10]