Mississauga, Ontario-based Bee Vectoring Technologies International Inc. (TSX-Venture:BEE) – featured prominently on this page in recent weeks – is at it again.
The company, with offices also located in Sacramento, Calif., told investors Wednesday it ha signed deals with two leading commercial blueberry growers in Georgia (ironically known more for its peaches) to use its proprietary bee delivery system and VECTORITE™ with CR-7. Blueberries represent the second crop that BEE has successfully penetrated into commercially. These two new deals follow closely behind BVT's recently announced commercial deal with a top-tier grower in the strawberry market.
BVT is currently in discussions with more than 10 additional blueberry growers in Georgia, as well as in other blueberry growing regions, and is expecting additional order commitments over the next several weeks.
Said CEO Ashish Malik,"The blueberry market push for BVT has been very well-received since we received our … approval (from the U.S. Environmental Protection Agency).
"We are progressing very well, executing on our commercialization strategy and we're excited to have these two growers as our first partners in the blueberry market, building on the momentum we are seeing in the strawberry market.
BEE shares climbed 6.5 cents, or 15.1%, to 49.5 cents, early Wednesday afternoon, on volume of 1.7 million shares.