Rocky Mountain Liquor Inc. (“Rocky Mountain Liquor”) is incorporated under the Canada Business Corporations Act, and is a tier one issuer with its common shares listed on the TSX Venture Exchange (under the initials “RUM”).
The Company’s sole investment is in Andersons Liquor Inc. Rocky Mountain Liquor owns 100% of Andersons Liquor Inc. (“Andersons”) headquartered in Edmonton Alberta, which owns and operates private liquor stores in that province. Alberta is the only province in Canada that has a fully privatized retail distribution system for adult beverages.
The product mix generally offered by Andersons at its retail stores includes beer, spirits, wine and ready to drink liquor products, as well as ancillary items such as juice, ice, mix and giftware.
Andersons has focused on store operations while pursuing an active acquisition strategy to acquire additional stores within the Alberta market, focusing largely outside of the major urban centres. To date, Andersons has been successful in improving the performance of its acquisitions through effective integration with its existing operations. Currently, we own and operate 33 liquor stores in Alberta.