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TORONTO–(BUSINESS WIRE)–SunOpta Inc. (“SunOpta”) (Nasdaq:STKL) (TSX:SOY), a arch all-around aggregation focused on organic, non-genetically adapted and specialty foods, appear today that Opta Minerals has entered into a absolute accretion agreement, beneath which an associate of Speyside Equity Fund I LP will access essentially all the shares of Opta Minerals Inc. (“Opta Minerals”) (TSX:OPM). The accretion acceding has been accustomed by Opta Minerals’ Boards of Directors, which has recommended that Opta Minerals’ shareholders accept the transaction. The accretion acceding represents the cessation of a cardinal analysis action conducted by Opta Minerals and its banking adviser beneath the administration of a adapted board of absolute directors. SunOpta has entered into a abutment acceding pursuant to which SunOpta has assuredly agreed to vote all of its Opta Minerals’ shares in favour of the transaction. SunOpta expects to accept accumulated gain of about CAD $6.2 million, of which CAD $4.2 actor is cash, with the absolute CAD $2.0 actor in the anatomy of a subordinated promissory agenda of Opta Minerals address absorption at 2.0% which will complete 30 months afterward the aing of the transaction. Accountable to cancellation of all all-important actor approvals and added accepted conditions, closing of the transaction is advancing to action in aboriginal April 2016.

“The auction of Opta Minerals represents a cogent milestone, and we are admiring to be absolute this affiliate of our company’s history as it paves the way for SunOpta to absolutely become a pure-play advantageous and amoebic foods company,” said Rik Jacobs, President and CEO of SunOpta. “Following achievement of the deal, our absolute aggregation will be able to focus alone on the advance and cardinal priorities of our vertically-integrated all-embracing foods business, and the auction will added abridge our reporting. In accession to the greater banking adaptability created by our new broadcast acclaim facility, our antithesis area will no best reflect the debt associated with Opta Minerals.”

As a aftereffect of the awaiting sale, SunOpta expects to admit a non-cash crime allegation in the ambit of $15.0 to $17.0 actor in the fourth division of 2015, absorption the write-down of the accustomed bulk of Opta Minerals to its accepted fair value, and including abeyant abiding and abstract asset impairments that may be accustomed by Opta Minerals.

About SunOpta Inc.

SunOpta Inc. is a arch all-around aggregation focused on organic, non-genetically adapted (“non-GMO”) and specialty foods. The Aggregation specializes in the sourcing, processing and packaging of amoebic and non-GMO aliment products, chip from berry through packaged products; with a focus on cardinal angular chip business models. The Company’s amoebic and non-GMO aliment operations circumduct about value-added grain, seed, bake-apple and vegetable based artefact offerings, accurate by a all-around sourcing and accumulation infrastructure.

About Opta Minerals

Opta Minerals is a angular chip provider of custom action solutions and automated mineral articles acclimated primarily in the steel, foundry, apart annoying cleaning, water-jet acid and borough baptize filtration industries. Opta Minerals has assembly and/or administration accessories in Ontario, Quebec, Saskatchewan, Louisiana, South Carolina, Virginia, Maryland, Indiana, Michigan, New York, Texas, Florida, Ohio, Idaho, France, Slovakia and Germany.

Forward-Looking Statements

Certain statements included in this columnist absolution may be advised “forward-looking statements” aural the acceptation of the United States Private Balance Litigation Reform Act of 1995 and applicative Canadian balance legislation, which are based on advice accessible to us on the date of this release. These advanced statements include, but are not bound to, the advancing gain of the transaction to SunOpta, the advancing closing date of the transaction, our adeptness to focus on our advance and cardinal priorities and the bulk of the accepted write-down of the accustomed bulk of our advance in Opta Minerals. Agreement and phrases such as “expects”, “anticipates”, “become”, “will” and added agnate agreement and phrases are advised to analyze these advanced attractive statements. Advanced attractive statements are based on advice accessible to us on the date of this absolution and are based on estimates and assumptions fabricated by the Aggregation in ablaze of our acquaintance and acumen of absolute trends, accepted altitude and accepted approaching developments as able-bodied as added factors we accept are adapted in the circumstances. The Aggregation makes no representation that reasonable business bodies in control of the aforementioned advice would ability the aforementioned conclusions. Whether absolute timing and after-effects will accede with expectations and predications of the Aggregation is accountable to abounding risks and uncertainties including the disability to access or delays in accepting appropriate authoritative and third affair consents and approvals; the disability or abortion of the client to amuse the banknote basic of the acquirement bulk payable on closing or the bulk attributable beneath the promissory agenda aloft maturity; the abortion or disability to apparatus its advance and cardinal priorities, whether in a appropriate address or at all; bounded and all-around political and bread-and-er conditions; altitude in the balance bazaar generally; and changes in the akin of basic investment, as able-bodied as added risks declared from time to time beneath “Risk Factors” in our Annual Report on Anatomy 10-K and its Quarterly Reports on Anatomy 10-Q (available at www.sec.gov). Consequently all advanced statements fabricated herein are able by these cautionary statements and there can be no affirmation that the absolute after-effects or developments that we ahead will be realized.

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