Gourmet Ocean Products Inc.

Gourmet Ocean Products Inc. ("Gourmet" or the "Company") (TSX VENTURE:GOP) reports it is currently evaluating a business opportunity in Eastern Russia as part of its plan to expand its cold-water aquaculture operations, internationally. If the outcome of the evaluation is successful, Gourmet intends to negotiate an operating agreement relating to a Russian ocean tenure.

Gourmet's CEO, Peter Hughes, reports, "There are limited coastlines, globally, suitable for high quality, cold-water aquaculture. Based on our initial inspection, the tenure in Eastern Russian appears to be ideal. Under Gourmet's premium brand, 'Vandemer', we are focused on supplying 'high-quality seafood product from clean waters' and the Russian opportunity could represent a positive addition to our existing BC operation. It would also provide the benefit of diversifying our source of supply." In addition to product quality, management believes additional cost savings may result given the close proximity of the tenure to the robust seafood markets in China.

18 March 2015

Investor profile

Gourmet Ocean Products Inc.


Company's website: https://gourmetoceanproducts.com

T: 778-328-8898

E-mail: info@gopcanada.com

Contact: Peter Hughes, President, Chief Executive Officer, and Director

Gourmet is a B.C.-based aquaculture company specializing in the production, distribution, marketing, and sale of high-quality specialty seafood products including sea cucumbers, scallops and oysters with distribution to customers worldwide.