TORO Unveils Exquisite "POSH" Premium Mixers

News Release - Montreal, Quebec – Aug 14th, 2023: Toro Beverages Inc. (“Toro”) or the "Company"),  a trailblazer in the beverage industry known for its innovative products, is proud to announce the upcoming launch of its latest creation, POSH Premium Mixers. This exciting addition to the Toro Beverages lineup promises to redefine mixology with its exceptional flavors and unparalleled quality.

Building upon the success of their existing product lines, which include the popular TORO Matcha Natural Energy Drinks and the refreshing Matcha Colada Hard Seltzers, TORO is taking a bold step forward with the introduction of POSH Premium Mixers. Designed to elevate the cocktail experience, POSH will offer a sophisticated range of mixers that combine natural ingredients, artisanal craftsmanship, and a dash of innovation.

"POSH Premium Mixers embody our commitment to crafting beverages that bring joy and excitement to every occasion," said Oussama Saoudi, CEO of Toro Beverages Inc. "Just as our TORO Matcha and Matcha Colada products have garnered a loyal following, we are confident that POSH will captivate the taste buds of cocktail enthusiasts and culinary adventurers alike."

Featuring a diverse array of flavours inspired by global cuisines and premium ingredients, POSH Premium Mixers are set to cater to a wide range of palates. From classic cocktails to contemporary creations, these mixers will serve as the perfect canvas for both professional mixologists and home bartenders to craft exquisite beverages that tantalize the senses.

The launch of POSH Premium Mixers is scheduled for Fall 2023, marking a significant milestone for Toro Beverages Inc. as it continues to expand its product portfolio and innovate within the beverage industry. The company's dedication to sourcing high-quality ingredients and creating products that reflect the evolving preferences of consumers has contributed to its reputation as an industry leader.

About Toro Beverages Inc

Toro is a bold, fast-growing beverage company founded in 2019, when it revolutionized the energy drink industry by introducing Canada's first matcha energy drink. The Company now markets natural energy drinks under the brand TORO Matcha, as well as innovative Hard Matcha Seltzers under the brand Matcha Colada. Toro products are carried across Canada and the United Arab Emirates through a distribution network of nearly 1,000 points of sale including select Loblaws, Whole Foods, Sobeys, IGA, Metro and Zoom stores. Toro is currently expanding into the United States and other global markets. The company has built powerful brands that resonate with the increasing demand for better-for-you products. Toro is committed to becoming a global leader in matcha-based beverages across both non-alcoholic and alcoholic categories. For more information about Toro, visit

For further information, please contact:

Oussama (Sam) Saoudi
Chief Executive Officer and Director

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "proposed", "expects", "intends", "may", "will", and similar expressions.

Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Certain assumptions in respect of continued demand for the Company’s products; that future added production capacity will enable us to increase our sales volume, that we do not experience material interruptions  or  supply  chain  failures ,  our  ability  to  retain  key  personnel,  the availability of labour, and changes and trends in our industry or the global economy are material assumptions made in preparing forward-looking statements or information and management's expectations. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors that could cause actual results to differ materially from those described in such forward- looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations; dilution; limited history of operations and revenues and no history of earnings or dividends; competition; economic changes; regulatory changes in the Company’s primary markets, including the risk of disruption at the Company's contracted production facilities or in its supply and distribution channels. The forward- looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.