Urban Barns Foods Inc. (URBF)

[nyctraydr]

Shareholder Update

Urban Barns is pleased to announce that it has completed Phase 1 of its new facility in Mirabel, Quebec. The company is in full production, growing varieties of lettuce, micro greens, and fine herbs, and is supplying many local restaurants with produce picked and delivered on the very same day.

Planning is underway for Phase 2 development with the next Generation Prototype Cubic Farming machine scheduled to arrive in September. The new prototype machine will be tested on site and once testing is complete, the company will build six of these larger Generation 4 Cubic Farming machines for the planned opening of Phase 2 in late 2014 or early 2015. Preparations in the Food Safety program are underway for the Canada GAP audit before the end of 2014.