El Rollo “Marijuana Growing System“ Fabrication Complete

NEWS RELEASE   |   Tuesday, October 30th, 2018

El Rollo “Marijuana Growing System“ Fabrication Complete

Cerus Energy Group Ltd. TSX-V: CEA (“Cerus” or “the Company”) would like to announce that Aggro Manufacturing Ltd. has completed the fabrication process of its commercial El Rollo growing system. Aggro Manufacturing is a wholly owned subsidiary of Cerus Energy and is focused on the proprietary development of growing and processing systems for Camarico Group Ltd.

The El Rollo growing system will be fitted for 1st Generation lighting and control systems for initial testing operations. Each crop will be tested by a designated licensed producer in a controlled environment for the purpose of process and performance evaluation. The collected data will be used to enhance performance and operating systems for the expanded use within the company’s mega development for the industrial cultivation of cannabis. Continued strain development and engineering will take place after initial upgrades have been completed.

Mackenzie Loree, Cerus CEO, stated:

“The El Rollo project took longer than expected due to significant upgrades for extended period use for industrial operations. The design team and fabricators have produced a system that has exceeded our expectations of functionality, capacity and dry run performance.

The key to El Rollo’s design is the scale of capacity while optimizing its functional efficiencies in cleaning, maintenance, plant loading and harvesting operations. El Rollo is the key to the company’s coveted cost of production goal of $0.75 per gram.

We look forward to the testing process and the continued enhancement of the El Rollo growing systems hardware, software and enhanced process integration capabilities.”

Camarico Group website at: https://www.camarico.ca/

Follow Camarico Group on Twitter at https://twitter.com/camaricogroup

 

 

About Cerus Energy Group

Cerus Energy Group is a Tier 2 Canadian-based oil and gas exploration company trading on the TSX Venture Exchange with property assets in both Alberta and Saskatchewan.

About Cerus Energy Group's Subsidiary Companies

Texalta Industries Ltd. and Lomac Canada Ltd. are wholly owned subsidiary company's serving various sectors of the oil and gas industry in the Province of Alberta. Maverick Northstar is a private joint venture company between Petrostar Petroleum Corp. of Alberta, Canada and Maverick Synfuels Inc of North Carolina, USA. Maverick Northstar is a chemical processing company focused on improving the value of methane through the production and utilization of methanol in Western Canada located in the province of Alberta. Petrostar holds 60% ownership of Maverick Northstar shares. For further information, please contact:

Primary Contact:
Bruce Scafe
1-877-737-8864
bscafe@cerusenergy.com

Alternate Contact:
Mackenzie Loree, CEO
1-403-861-6779
mloree@cerusenergy.com

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

FORWARD LOOKING INFORMATION

Certain information in this news release is forward-looking within the meaning of certain securities laws, and is subject to important risks, uncertainties and assumptions. This forward-looking information includes, among other things, information with respect to the Company’s beliefs, plans, expectations, anticipations, estimates and intentions. The words “may”, “could”, “should”, “would”, “suspect”, “outlook”, “believe”, “anticipate”, “estimate”, “expect”, “intend”, “plan”, “target” and similar words and expressions are used to identify forward-looking information. The forward-looking information in this news release describes the Company’s expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from a conclusion, forecast or projection in such forward-looking information include, among others, risks arising from general economic conditions and adverse industry events.

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