Statement From CaneCo Ltd. On The Re-Hiring Of Seasonal Employees

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CaneCo Ltd. has been operating in Grenada for the past six (6) years.

Since it commenced operations, CaneCo Ltd. has made a significant push of agroย  industrialisation through a major investment in revitalising the sugarcane industry byย  supplying agricultural services to provide cane juice for distillation into high-quality, fine rum.

The introduction of our company to Grenada marked a significant milestone in the moderni sation of Grenadaโ€™s agriculture industry, particularly for the once-collapsed sugarcane sector.ย  CaneCo Ltd. propagates, cultivates, harvests, and mills superior sugarcane. CaneCo Ltd isย  a subsidiary of the Renegade Rum Group Ltd which has invested in excess of US$50 millionย  in restoring abandoned sugarcane fields, building a modern distillery, and providingย  employment for scores of local workers.

Our company has had to restructure some of its operations, while ensuring that we remainย  within industry standards. In that context, several of our workers, whose work is in factย  seasonal, but who were kept on for the purposes of sustaining the Companyโ€™s productionย  capacity, are now being asked to work at the standard that exists in this industry worldwide.

As per the Employment Act, CaneCo Ltd. has terminated the current contracts ofย  employment with the sugar cane harvesters and offered immediate re-employment underย  new contracts as seasonal sugar cane harvesters. Each terminated worker shall receiveย  all statutory compensation to which he/she is entitled. We hereby acknowledge and publiclyย  thank the affected employees, who are essential partners in our business, for theirย  contributions. The Company remains dedicated to maintaining their service as sugarcaneย  harvesters from season to season.

As a company and a family, CaneCo Ltd. reaffirms its responsibility to all employees and toย  honour the privilege of being a partner in Grenadaโ€™s employment and developmentย  landscape. Grenada presents a unique opportunity to revitalise a historic section of theย  economy by creating sustainable employment in the countryโ€™s rural areas. CaneCo Ltd.ย  is committed to playing its role in the economic transformation of our Tri-island State.

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