TSX: MGN       Magnotta Winery
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Business Background

Magnotta Winery Corporation (Magnotta) is a Canada-based company that produces wines from grapes grown on its 180-acre vineyards in the Niagara Peninsula and on its 351-acre vineyard in Chile's Maipo Valley. The entire 180 acres of vineyards in the Niagara Peninsula are planted with both vinifera and hybrid grapes for the production of wine. Grapes grown and harvested on these vineyards are used entirely by the Company for its operations. The Company produces over 180 varieties of wine, including specialty wines such as icewine, aperitif wine and sparkling wines. Some of the varieties of wines are made from 100% Ontario grapes and has received the Vintners Quality Alliance (VQA) designation. The Company is also involved in the brewing and distilling businesses through Magnotta Brewery and Magnotta Distillery Ltd. craft-brewed beer under the product banner True North and Classic European. In January 2012, Magnotta Family Holdings Ltd. acquired Magnotta.

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