Latest news with #Chilco
Associated Press
12-06-2025
- Business
- Associated Press
Chilco River Holdings Announces Letter of Intent for Strategic Acquisition of Excuse Wine & Spirits, Inc.
Chatsworth, California--(Newsfile Corp. - June 12, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ('Chilco' or the 'Company'), a dynamic holding company and diversified business accelerator, is pleased to announce the signing of a Letter of Intent ('LOI') to acquire a majority equity interest in Excuse Wine & Spirits, Inc. ('Excuse') in an all-stock transaction. Excuse Wine & Spirits, Inc. is a privately held company that owns a portfolio of proprietary trademarks, intellectual property, and high-quality assets in the alcoholic beverage sector, with a particular focus on tequila and bourbon. Over the past two years, the company has successfully soft launched a range of innovative products, garnering strong consumer response through targeted market testing in several high-growth metropolitan regions across the United States. Excuse is currently in advanced negotiations with national and regional distribution partners to support a nationwide rollout of its product lines. Strategic Growth Platform Upon completion of the proposed transaction, Excuse will operate as a majority-owned subsidiary of Chilco River Holdings. Under Chilco's leadership, Excuse will benefit from strategic oversight, operational resources, and access to growth capital, enabling the brand to accelerate its market presence, scale operations, and enhance overall brand equity. This acquisition aligns with Chilco River's mission to build a diversified portfolio of high-growth consumer brands in the alcoholic beverage industry. The company continues to explore additional acquisition opportunities in adjacent sectors and emerging global markets as part of its long-term growth strategy. Forward Momentum The LOI reflects a mutual intention by both parties to proceed in good faith toward the negotiation and execution of a definitive agreement which is expected to close before the end of the month. The LOI highlights a shared commitment to collaboration and long-term value creation for shareholders. Chilco River Holdings is also receiving significant inbound interest from other acquisition targets in high-growth, in-demand sectors. The company remains committed to keeping its shareholders informed and will provide timely updates on all material developments as they occur. About Chilco River Holdings, Inc. Chilco River Holdings, Inc. is a strategic holding company and business accelerator focused on building long-term value through the acquisition, development, and growth of diversified businesses. With a core emphasis on the premium alcoholic beverage sector, Chilco River specializes in high-quality spirits and innovative ready-to-drink (RTD) products. The Company leverages operational expertise, brand development capabilities, and strategic partnerships to drive sustainable growth across its portfolio. For media or investor inquiries, please contact: Investor Relations Chilco River Holdings, Inc. Email: [email protected] Website: To view the source version of this press release, please visit
Yahoo
12-06-2025
- Business
- Yahoo
Chilco River Holdings Announces Letter of Intent for Strategic Acquisition of Excuse Wine & Spirits, Inc.
Chatsworth, California--(Newsfile Corp. - June 12, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ("Chilco" or the "Company"), a dynamic holding company and diversified business accelerator, is pleased to announce the signing of a Letter of Intent ("LOI") to acquire a majority equity interest in Excuse Wine & Spirits, Inc. ("Excuse") in an all-stock transaction. Excuse Wine & Spirits, Inc. is a privately held company that owns a portfolio of proprietary trademarks, intellectual property, and high-quality assets in the alcoholic beverage sector, with a particular focus on tequila and bourbon. Over the past two years, the company has successfully soft launched a range of innovative products, garnering strong consumer response through targeted market testing in several high-growth metropolitan regions across the United States. Excuse is currently in advanced negotiations with national and regional distribution partners to support a nationwide rollout of its product lines. Strategic Growth Platform Upon completion of the proposed transaction, Excuse will operate as a majority-owned subsidiary of Chilco River Holdings. Under Chilco's leadership, Excuse will benefit from strategic oversight, operational resources, and access to growth capital, enabling the brand to accelerate its market presence, scale operations, and enhance overall brand equity. This acquisition aligns with Chilco River's mission to build a diversified portfolio of high-growth consumer brands in the alcoholic beverage industry. The company continues to explore additional acquisition opportunities in adjacent sectors and emerging global markets as part of its long-term growth strategy. Forward Momentum The LOI reflects a mutual intention by both parties to proceed in good faith toward the negotiation and execution of a definitive agreement which is expected to close before the end of the month. The LOI highlights a shared commitment to collaboration and long-term value creation for shareholders. Chilco River Holdings is also receiving significant inbound interest from other acquisition targets in high-growth, in-demand sectors. The company remains committed to keeping its shareholders informed and will provide timely updates on all material developments as they occur. About Chilco River Holdings, Inc. Chilco River Holdings, Inc. is a strategic holding company and business accelerator focused on building long-term value through the acquisition, development, and growth of diversified businesses. With a core emphasis on the premium alcoholic beverage sector, Chilco River specializes in high-quality spirits and innovative ready-to-drink (RTD) products. The Company leverages operational expertise, brand development capabilities, and strategic partnerships to drive sustainable growth across its portfolio. For media or investor inquiries, please contact:Investor RelationsChilco River Holdings, info@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
04-06-2025
- Business
- Associated Press
Chilco River Holdings Heats Up June with Exciting Product Tastings, Key Hires, and New Distribution Deals Underway
Chatsworth, California--(Newsfile Corp. - June 4, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ('Chilco' or the 'Company'), a dynamic beverage company focused on strategic growth in the premium alcohol sector, is pleased to announce a series of June initiatives, including consumer tasting activations, key team additions, and advancing distribution agreements at both regional and national levels. Following its announcement last week outlining a strategic entry into the alcohol beverage space, Chilco is now executing the next phase of its expansion. These initiatives reflect the company's broader goal to build a high-growth platform focused on premium consumer brands and grassroots engagement. 'We're creating real momentum,' said William Lovett, CEO of Chilco River Holdings. 'Our teams are on the ground, our products are getting in hands, and we're forming relationships that will define our long-term distribution footprint.' The June schedule includes curated product sampling events, new hires to strengthen social media, sales and brand operations, and active discussions with distribution partners across the U.S. These developments mark an acceleration of Chilco's growth and underscore its commitment to disciplined execution and market impact. 'We've been making strategic hires, and we're in active discussions with distribution partners who share our vision,' added Lovett. 'We believe June will be a pivotal month in setting the stage for larger rollouts ahead.' Chilco River Holdings plans to share additional updates throughout the summer as momentum builds. With new tastings, expanded leadership, and distribution agreements progressing rapidly, the Company is entering a dynamic growth phase. Shareholders can expect consistent updates as Chilco continues to execute on its bold vision and deliver value through strategic activation, brand expansion, and market penetration. About Chilco River Holdings, Inc. Chilco River Holdings is a U.S.-based brand accelerator focused on identifying and acquiring premium consumer products with high-growth potential. The Company is currently targeting acquisitions in the premium alcohol beverage sector, including spirits and ready-to-drink brands. For more information, please contact: Investor Relations Chilco River Holdings, Inc. Email: [email protected] Website: Forward-Looking Statements: This press release contains forward-looking statements, including statements regarding the Company's strategic direction, acquisition plans, and anticipated growth. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially due to factors such as market conditions, due diligence outcomes, and regulatory approvals. Chilco River Holdings undertakes no obligation to update these statements, except as required by law. To view the source version of this press release, please visit
Yahoo
04-06-2025
- Business
- Yahoo
Chilco River Holdings Heats Up June with Exciting Product Tastings, Key Hires, and New Distribution Deals Underway
Chatsworth, California--(Newsfile Corp. - June 4, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ("Chilco" or the "Company"), a dynamic beverage company focused on strategic growth in the premium alcohol sector, is pleased to announce a series of June initiatives, including consumer tasting activations, key team additions, and advancing distribution agreements at both regional and national levels. Following its announcement last week outlining a strategic entry into the alcohol beverage space, Chilco is now executing the next phase of its expansion. These initiatives reflect the company's broader goal to build a high-growth platform focused on premium consumer brands and grassroots engagement. "We're creating real momentum," said William Lovett, CEO of Chilco River Holdings. "Our teams are on the ground, our products are getting in hands, and we're forming relationships that will define our long-term distribution footprint." The June schedule includes curated product sampling events, new hires to strengthen social media, sales and brand operations, and active discussions with distribution partners across the U.S. These developments mark an acceleration of Chilco's growth and underscore its commitment to disciplined execution and market impact. "We've been making strategic hires, and we're in active discussions with distribution partners who share our vision," added Lovett. "We believe June will be a pivotal month in setting the stage for larger rollouts ahead." Chilco River Holdings plans to share additional updates throughout the summer as momentum builds. With new tastings, expanded leadership, and distribution agreements progressing rapidly, the Company is entering a dynamic growth phase. Shareholders can expect consistent updates as Chilco continues to execute on its bold vision and deliver value through strategic activation, brand expansion, and market penetration. About Chilco River Holdings, Inc. Chilco River Holdings is a U.S.-based brand accelerator focused on identifying and acquiring premium consumer products with high-growth potential. The Company is currently targeting acquisitions in the premium alcohol beverage sector, including spirits and ready-to-drink brands. For more information, please contact: Investor RelationsChilco River Holdings, info@ Forward-Looking Statements: This press release contains forward-looking statements, including statements regarding the Company's strategic direction, acquisition plans, and anticipated growth. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially due to factors such as market conditions, due diligence outcomes, and regulatory approvals. Chilco River Holdings undertakes no obligation to update these statements, except as required by law. To view the source version of this press release, please visit Sign in to access your portfolio
Associated Press
29-05-2025
- Business
- Associated Press
Chilco River Holdings Enters Premium Alcohol Beverage Sector, Targets Strategic Acquisitions to Accelerate Growth
Chatsworth, California--(Newsfile Corp. - May 29, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ('Chilco' or the 'Company'), a rising force in brand acceleration, is thrilled to announce a transformative leap into the booming premium alcoholic beverage industry. This bold pivot marks the beginning of an ambitious growth strategy centered on acquiring standout brands and building a powerhouse portfolio in one of the most dynamic consumer markets. The company is currently engaged in advanced negotiations with multiple acquisition targets including innovative upstarts and established premium labels. Chilco is positioning itself at the forefront of a surging industry driven by demand for craft spirits, ready-to-drink cocktails (RTDs), and luxury lifestyle beverages. 'The premium beverage space is exploding with opportunity,' stated, Chief Executive Officer, William Lovett. 'Our entry into this market is a game-changer, and we're already in deep discussions with brands that we believe can supercharge our trajectory and deliver lasting value to our shareholders.' As part of this strategic realignment, the Company has formally canceled prior agreements with Leuffer Desarrollos SA de CV, American Hemp Brands, Inc., and L Myers Associates. These transactions were never consummated and no longer reflect the Company's core business objectives. This provides a fresh start and allows Chilco to dedicate full resources and strategic efforts toward the premium alcohol sector. 'This marks a clean slate and a bold new direction for Chilco,' continued Lovett. 'The premium beverage space is full of energy and opportunity, and we are excited to dive in. With the right strategy and execution, we believe we can build something truly impactful for our shareholders.' In parallel with its renewed business direction, Chilco is proud to announce it has achieved Pink Current Information status with OTC Markets. This milestone not only underscores the Company's commitment to transparency but also unlocks powerful new levers for growth, including M&A activity, capital raising, and the onboarding of top-tier leadership. With a clear vision and renewed focus, Chilco River Holdings is moving forward with determination and purpose. The Company is committed to transparency, disciplined execution, and consistent communication with shareholders. As it enters the premium alcohol space, Chilco is well-positioned to seize new opportunities and build lasting value in one of today's most dynamic markets. About Chilco River Holdings, Inc. Chilco River Holdings is a U.S.-based brand accelerator focused on identifying and acquiring premium consumer products with high-growth potential. The Company is currently targeting acquisitions in the premium alcohol beverage sector, including spirits, and ready-to-drink brands. For more information, please contact: Investor Relations Chilco River Holdings, Inc. Email: [email protected] Website: Forward-Looking Statements: This press release contains forward-looking statements, including statements regarding the Company's strategic direction, acquisition plans, and anticipated growth. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially due to factors such as market conditions, due diligence outcomes, and regulatory approvals. Chilco River Holdings undertakes no obligation to update these statements, except as required by law. To view the source version of this press release, please visit
