Captiva Verde Annouces First Crop and Draft Farm Plan

Toronto Venture Exchange Trading Symbol: VEG.H

CALGARY, June 17, 2014 /CNW/ - Captiva Verde Industries Ltd. ("Captiva" or the "Company") is pleased to announce that the Company is in the process of negotiating and acquiring land leases totaling over 1,100 land acres in two regions within Southern California and one region within Arizona.

Our first 25-acre field in Tehachapi was planted in early May 2014 yielding an early June 2014 harvest of approximately 151,000 net pounds of organic leafy greens.

The 12 Month Farming Plan, to be approved by management shortly, calls for another planting of the same 25-acre field this week plus an additional 70 acres with an expected harvest in early-mid July. As additional acres are brought into production, the Farming Plan calls for monthly harvests ranging from 1.2 million pounds in August 2014 and fluctuating each month up to 2.8 million pounds in March 2015 for a 12 month total of approximately 20 million lbs. Each land acre yield 3 crops per season and the diversity of the regions allows for harvest throughout the year.

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

READER ADVISORY

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

This news release contains forward-looking statements. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.

SOURCE: Captiva Verde Industries Ltd.

On behalf of the Board of Directors and for further information, please contact:

Jeffrey Ciachurski 
Chairman and Chief Executive Officer 
Newport Beach, California
Cell: [phone]
E-mail: [email protected]

Mike Boyd 
Director 
Tucson, Arizona
Office: [phone]
E-mail: [email protected]