newsfilter
← Latest News
GlobeNewswire·

Rubicon Organics to Report Q1 2026 Results; Announces Line of Credit Amendment

  • Rubicon Organics Inc. will report Q1 2026 financial results after market close on May 13, 2026.
  • The Company has amended its line of credit with Community Savings Credit Union to temporarily increase the limit from $1.0 million to $2.5 million.
  • The temporary credit increase expires on September 30, 2026, at which point the limit will revert to $1.0 million.
  • Proceeds from the credit amendment will fund working capital investment to bring product from the Cascadia facility to market.
  • A conference call to discuss the Q1 2026 results is scheduled for May 14, 2026, at 7:00 AM PT / 10:00 AM ET.
  • The Cascadia indoor facility in Hope, British Columbia, is expected to increase annual production capacity by approximately 40% & begin generating revenue in the first half of 2026.
  • The original line of credit agreement bears interest at the CSCU Basic Lending Rate plus 5.50% & is secured against the Cascadia facility.