Brick Brewing Announces Resignation of Jason Pratt as CFO

KITCHENER, ON, Jan. 29, 2013 /CNW/ - Brick Brewing Co. Limited (TSX: BRB) announced today that Jason Pratt has provided notice to the Company of his resignation as Chief Financial Officer.   Mr. Pratt has been with the Company since October 2008.

Mr. Pratt said, "It was very difficult to make the decision to leave Brick Brewing, but one that was important for me and my family. It has been a great privilege to work with the Brick Brewing management team and to oversee such a fine accounting staff."

Company President and Chief Executive Officer George Croft said, "Jason has been an extremely effective member of our senior executive team and I thank him for his many contributions to the Company's success.  While we are disappointed to see him leave us, we support his personal decision and wish him much continued success in his future endeavours."

Mr. Pratt will continue in his role for a brief transitional period.  The Company has initiated a search for a new CFO.

About Brick Brewing

Brick is Ontario's largest Canadian-owned and Canadian-based publicly held brewery. The Company is a regional brewer of award-winning premium quality and value beers and is officially certified under British Retail Consortium (BRC) Global Standards for Food Safety, one of the highest and most internationally recognized standards for safe food production. Founded in 1984, Brick Brewing Co. was the first craft brewery to start up in Ontario, and is credited with pioneering the present day craft brewing renaissance in Canada. Brick has complemented its Waterloo brand premium craft beers with other popular brands such as Laker, Red Baron, Red Cap and Formosa Springs Draft.  In March 2011, Brick purchased the Canadian rights to the Seagram Coolers and now produces, sells, markets and distributes Seagram Coolers across Canada.  Brick trades on the TSX under the symbol BRB. Visit us at www.brickbeer.com.

Forward-Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute forward-looking statements as of the date of this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "anticipate", "seek", "plan", "believe" or "continue" or the negatives of these terms or variations of them or similar terminology. Although the Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, undue reliance should not be placed on these forward-looking statements, which are not guarantees and are subject to certain risks, uncertainties and assumptions, which may cause actual performance and financial results to differ materially from such forward-looking statements. The forward-looking statements included in this press release are made only at the date of this press release and, except as required by applicable securities laws, the Corporation does not undertake to publicly update such forward-looking statements to reflect new information, future events or otherwise.

SOURCE Brick Brewing Co. Limited



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