Latest news with #Tamarack


Cision Canada
4 days ago
- Business
- Cision Canada
Tamarack Valley Energy Announces Closing of Issuance of $325MM, Five-Year Senior Unsecured Notes due in 2030 and Partial Redemption of its Existing $300MM Unsecured Notes due in 2027
/NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./ CALGARY, AB, July 25, 2025 /CNW/ - Tamarack Valley Energy Ltd. (" Tamarack" or the " Company") (TSX: TVE) is pleased to announce that it has successfully closed the previously announced private placement offering (the " Offering") of $325.0MM aggregate principal amount of 6.875% senior unsecured notes due July 25, 2030 (the " 2030 Notes"). Tamarack utilized approximately $216.4MM of the net proceeds to repay a portion of the Company's credit facility with the remaining net proceeds utilized to redeem a portion of Tamarack's outstanding $300.0MM 7.25% interest-bearing senior unsecured notes due May 10, 2027 (the " 2027 Notes") The partial redemption of the 2027 Notes was completed on July 25, 2025 at the applicable call premium of 102% to par, plus accrued and unpaid interest. The 2030 Notes were offered through a syndicate of underwriters led by National Bank Financial Markets and RBC Capital Markets which acted as Joint-Bookrunners, CIBC Capital Markets and ATB Capital Markets which acted as Co-Lead Managers, and Peters & Co., Desjardins Capital Markets and Raymond James, which acted as co-managers. The 2030 Notes were offered for sale in each of the Provinces of Canada to "accredited investors" on a private placement basis in accordance with Canadian securities laws, were not qualified for sale to the public under Canadian securities laws and accordingly, any offer or sale of the 2030 Notes in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. In addition, the 2030 Notes have not been registered under the U.S. Securities Act, or any state securities laws, and are being offered and sold in the United States only to qualified institutional buyers in reliance on Rule 144A under the U.S. Securities Act and applicable state securities laws and outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. No securities regulatory authority has either approved or disapproved of the contents of this press release. About Tamarack Valley Energy Ltd. Tamarack is an oil and gas exploration and production company committed to creating long-term value for its shareholders through sustainable free funds flow generation, financial stability and the return of capital. The Company has an extensive inventory of low-risk, oil development drilling locations focused primarily on Charlie Lake and Clearwater plays in Alberta while also pursuing enhanced oil recovery (EOR) upside in these core areas. For more information, please visit the Company's website at Reader Advisories Forward Looking Information This press release contains certain forward-looking information (collectively referred to herein as " forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as "guidance", "outlook", "anticipate", "target", "plan", "continue", "intend", "consider", "estimate", "expect", "may", "will", "should", "could" or similar words suggesting future outcomes. Forward-looking statements are based on a number of material factors, expectations or assumptions of Tamarack which have been used to develop such statements and information but which may prove to be incorrect. Although Tamarack 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 Tamarack can give no assurance that such expectations will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward- looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement. SOURCE Tamarack Valley Energy Ltd.


Cision Canada
15-07-2025
- Business
- Cision Canada
Tamarack Valley Energy Announces Offering and Pricing of $325MM, Five-Year Senior Unsecured Notes due in 2030 and Partial Redemption of its Existing $300MM Unsecured Notes due in 2027
/NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./ CALGARY, AB, July 14, 2025 /CNW/ - Tamarack Valley Energy Ltd. (" Tamarack" or the " Company") (TSX: TVE) is pleased to announce that it has entered into an underwriting agreement to sell, on a private placement basis (the " Offering"), $325MM aggregate principal amount of 6.875% senior unsecured notes due July 25, 2030 (the " 2030 Notes"). The 2030 Notes will be issued at par under a trust indenture and will be general unsecured obligations of Tamarack ranking pari passu with all of the Company's existing and future senior unsecured indebtedness. Closing of the Offering is expected to occur on or about July 25, 2025, subject to satisfaction of customary closing conditions. Tamarack has also today given notice of a partial redemption of the 2027 Notes, which redemption is conditional upon the successful closing of the Offering. Subject to completion of the Offering, Tamarack intends to utilize approximately two-thirds of the net proceeds to repay a portion of the amounts drawn under the Company's existing covenant-based $875MM revolving lending facility maturing on April 30, 2028 (the " Credit Facility"). Tamarack intends to utilize the remaining net proceeds to effect the redemption of $100MM notional amount of the Company's outstanding $300MM 7.25% interest-bearing senior unsecured notes due May 10, 2027 (the " 2027 Notes"), which is expected to be completed on or about July 25, 2025 at the applicable call premium of 102% to par plus accrued and unpaid interest to the redemption date (collectively, the " Financing Arrangement"). Tamarack continues to prioritize balance sheet strength, together with ongoing shareholder returns and growth and development of the Company's Clearwater and Charlie Lake assets. Given the strength of the Canadian credit markets, Tamarack is proactively refinancing a portion of its indebtedness by extending the maturities on approximately 40% of the Company's debt to 2030 with attractive terms. The Financing Arrangement supports the Company by providing a more flexible and resilient capital structure. The extended debt horizon is supported by the Company's extensive inventory of highly economic drilling locations and long-term development plan. Following the completion of the Financing Arrangement, the Company's maturity profile is expected to be as follows: (1) Balances in the table above reflect the face value of the Company's outstanding indebtedness as at March 31, 2025, excluding unamortized deferred borrowing costs which are netted under IFRS. The Company's undrawn Credit Facility capacity reflects the impact of $5.9MM of letters of credit issued and outstanding under the facility. National Bank Financial Markets and RBC Capital Markets are acting as Joint-Bookrunners for the Offering. The 2030 Notes are being offered for sale in each of the provinces of Canada to "accredited investors" on a private placement basis in accordance with Canadian securities laws. The 2030 Notes have not been, and will not be, qualified for distribution in Canada by a prospectus and are being offered and sold in Canada only pursuant to exemptions from the prospectus requirements of Canadian securities laws. In addition, the 2030 Notes have not been registered under the U.S. Securities Act, or any state securities laws, and are being offered and sold in the United States only to qualified institutional buyers in reliance on Rule 144A under the U.S. Securities Act and applicable state securities laws and outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act. This release does not constitute an offer to sell, or a solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. No securities regulatory authority has either approved or disapproved of the contents of this news release. About Tamarack Valley Energy Ltd. Tamarack is an oil and gas exploration and production company committed to creating long-term value for its shareholders through sustainable free funds flow generation, financial stability and the return of capital. The Company has an extensive inventory of low-risk, oil development drilling locations focused primarily on Charlie Lake and Clearwater plays in Alberta while also pursuing enhanced oil recovery (EOR) upside in these core areas. For more information, please visit the Company's website at Forward Looking Information This press release contains certain forward-looking information (collectively referred to herein as " forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as "guidance", "outlook", "anticipate", "target", "plan", "continue", "intend", "consider", "estimate", "expect", "may", "will", "should", "could" or similar words suggesting future outcomes. More particularly, this press release contains statements concerning: the completion of the Offering and the use of proceeds therefrom, including repaying amounts outstanding under the Credit Facility and partial redemption of the 2027 Notes; the expected call premium on the 2027 Notes; the timing of completion of the Financing Arrangement; strengthening of the balance sheet subsequent to the completion of the Financing Arrangement; availability of undrawn credit capacity under the Credit Facility; ongoing net debt reduction; and expectations regarding the maturity profile following completion of the Financing Arrangement. Forward-looking statements are based on a number of material factors, expectations or assumptions of Tamarack which have been used to develop such statements and information but which may prove to be incorrect. Although Tamarack 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 Tamarack can give no assurance that such expectations will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward- looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement. Specified Financial Measures This press release includes references to "Net Debt", a capital management measure, as further described herein. This measure does not have a standardized meaning prescribed by International Financial Reporting Standards (" IFRS") and, therefore, may not be comparable with the calculation of similar measures by other companies. "Net debt (capital management measure)" is calculated as credit facilities plus senior unsecured notes, plus deferred acquisition payment notes, plus working capital surplus or deficiency, plus other liability, including the fair value of cross-currency swaps, plus government loans, plus facilities acquisition payments, less notes receivable and excluding the current portion of fair value of financial instruments, decommissioning obligations, lease liabilities and the cash award incentive plan liability. Please refer to the Company's most recent management's discussion and analysis (" MD&A") for additional information relating to specified financial measures including non-IFRS financial measures, non-IFRS financial ratios and capital management measures. The MD&A can be accessed either on Tamarack's website at or under the Company's profile on SOURCE Tamarack Valley Energy Ltd.
Yahoo
13-06-2025
- Business
- Yahoo
Tamarack Valley Energy Announces Monthly Dividend Declaration and Extension of Credit Facility
CALGARY, AB, June 13, 2025 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the declaration of its monthly dividend and extension of its Credit Facility. Dividend Declaration Tamarack's Board of Directors has declared a monthly cash dividend on its common shares of $0.01275 per share in accordance with the Company's dividend policy. The dividend will be payable on July 15, 2025, to shareholders of record at the close of business on June 30, 2025. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Credit Facility extension Tamarack has access to a covenant-based $875MM revolving lending facility (the "Credit Facility") that was previously maturing on April 30, 2027. In June 2025, the Credit Facility was amended primarily to extend the maturity date of the facility by one year to April 30, 2028. As of June 13, 2025, Tamarack had access to over $400MM of undrawn credit under the three-year Credit Facility and an uncommitted accordion feature that provides the Company with the ability to access an incremental $125MM million of secured debt, subject to certain conditions, including approvals from the lending syndicate. About Tamarack Valley Energy Ltd. Tamarack is an oil and gas exploration, and production company committed to creating long-term value for its shareholders through sustainable free funds flow generation, financial stability and the return of capital. The Company has an extensive inventory of low-risk, oil development drilling locations focused primarily on Clearwater and Charlie Lake plays in Alberta while also pursuing EOR upside in these core areas. For more information, please visit the Company's website at Reader Advisories Forward Looking Information This press release contains certain forward-looking information (collectively referred to herein as "forward- looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as "guidance", "outlook", "anticipate", "target", "plan", "continue", "intend", "consider", "estimate", "expect", "may", "will", "should", "could" or similar words suggesting future outcomes. More particularly, this press release contains forward- looking statements concerning: Tamarack's business strategy, objectives, strength and focus; the future declaration and payment of dividends and the timing and amount thereof; and available credit capacity under the Credit Facility. Future dividend payments and share buybacks, if any, and the level thereof, are uncertain, as the Company's return of capital framework and the funds available for such activities from time to time is dependent upon, among other things, free funds flow financial requirements for the Company's operations and the execution of its growth strategy, fluctuations in working capital and the timing and amount of capital expenditures, debt service requirements and other factors beyond the Company's control. Further, the ability of Tamarack to pay dividends and buyback shares will be subject to applicable laws (including the satisfaction of the solvency test contained in applicable corporate legislation) and contractual restrictions contained in the instruments governing its indebtedness, including its Credit Facility. The forward-looking statements contained in this document are based on certain key expectations and assumptions made by Tamarack, including those relating to: the business plan of Tamarack; the timing of and success of future drilling, development and completion activities; the geological characteristics of Tamarack's properties; the continued successful integration of acquired assets into Tamarack's operations; prevailing commodity prices, price volatility, price differentials and the actual prices received for the Company's products; the availability and performance of drilling rigs, facilities, pipelines and other oilfield services; the timing of past operations and activities in the planned areas of focus; the drilling, completion and tie-in of wells being completed as planned; the performance of new and existing wells; the application of existing drilling and fracturing techniques; prevailing weather and break-up conditions; royalty regimes and exchange rates; impact of inflation on costs; the application of regulatory and licensing requirements; the continued availability of capital and skilled personnel; the ability to maintain or grow the banking facilities; the accuracy of Tamarack's geological interpretation of its drilling and land opportunities, including the ability of seismic activity to enhance such interpretation; and Tamarack's ability to execute its plans and strategies. Although management considers these assumptions to be reasonable based on information currently available, undue reliance should not be placed on the forward-looking statements because Tamarack can give no assurances that they may prove to be correct. By their very nature, forward-looking statements are subject to certain risks and uncertainties (both general and specific) that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: risks with respect to unplanned third party pipeline outages and risks relating to inclement and severe weather events and natural disasters, such as fire, drought and flooding, including in respect of safety, asset integrity and shutting-in production; the risk that future dividend payments are reduced, suspended or cancelled; unforeseen difficulties in integrating of recently acquired assets into Tamarack's operations; incorrect assessments of the value of benefits to be obtained from acquisitions and exploration and development programs; risks associated with the oil and gas industry in general (e.g. operational risks in development, exploration and production; and delays or changes in plans with respect to exploration or development projects or capital expenditures); commodity prices, including the impact of the actions of OPEC and OPEC+ members; changes in legislation, including but not limited to tariffs, tax laws, royalties and environmental regulations (including greenhouse gas emission reduction requirements and other decarbonization or social policies and including uncertainty with respect to the interpretation of omnibus Bill C-59 and the related amendments to the Competition Act (Canada)); the imposition or expansion of tariffs imposed by domestic and foreign governments or the imposition of other restrictive trade measures, retaliatory or countermeasures implemented by such governments, including the introduction of regulatory barriers to trade and the potential effect on the demand and/or market price for the Company's products and/or otherwise adversely affects the Company; the uncertainty of estimates and projections relating to production, cash generation, costs and expenses, including increased operating and capital costs due to inflationary pressures; health, safety, litigation and environmental risks; access to capital; and pandemics. In addition, ongoing military actions between Russia and Ukraine and the recent crisis in Israel and Gaza have the potential to threaten the supply of oil and gas from those regions. The long-term impacts of the actions between these nations remains uncertain. Due to the nature of the oil and natural gas industry, drilling plans and operational activities may be delayed or modified to respond to market conditions, results of past operations, regulatory approvals or availability of services causing results to be delayed. Please refer to the Company's annual information form for the year ended December 31, 2024, and management's discussion and analysis for the period ended March 31, 2025, for additional risk factors relating to Tamarack, which can be accessed either on Tamarack's website at or under the Company's profile on The forward-looking statements contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement. SOURCE Tamarack Valley Energy Ltd. View original content to download multimedia: 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


Cision Canada
13-06-2025
- Business
- Cision Canada
Tamarack Valley Energy Announces Monthly Dividend Declaration and Extension of Credit Facility
CALGARY, AB, June 13, 2025 /CNW/ - Tamarack Valley Energy Ltd. (" Tamarack" or the " Company") (TSX: TVE) is pleased to announce the declaration of its monthly dividend and extension of its Credit Facility. Dividend Declaration Tamarack's Board of Directors has declared a monthly cash dividend on its common shares of $0.01275 per share in accordance with the Company's dividend policy. The dividend will be payable on July 15, 2025, to shareholders of record at the close of business on June 30, 2025. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Credit Facility extension Tamarack has access to a covenant-based $875MM revolving lending facility (the "Credit Facility") that was previously maturing on April 30, 2027. In June 2025, the Credit Facility was amended primarily to extend the maturity date of the facility by one year to April 30, 2028. As of June 13, 2025, Tamarack had access to over $400MM of undrawn credit under the three-year Credit Facility and an uncommitted accordion feature that provides the Company with the ability to access an incremental $125MM million of secured debt, subject to certain conditions, including approvals from the lending syndicate. About Tamarack Valley Energy Ltd. Tamarack is an oil and gas exploration, and production company committed to creating long-term value for its shareholders through sustainable free funds flow generation, financial stability and the return of capital. The Company has an extensive inventory of low-risk, oil development drilling locations focused primarily on Clearwater and Charlie Lake plays in Alberta while also pursuing EOR upside in these core areas. For more information, please visit the Company's website at Forward Looking Information This press release contains certain forward-looking information (collectively referred to herein as "forward- looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as "guidance", "outlook", "anticipate", "target", "plan", "continue", "intend", "consider", "estimate", "expect", "may", "will", "should", "could" or similar words suggesting future outcomes. More particularly, this press release contains forward- looking statements concerning: Tamarack's business strategy, objectives, strength and focus; the future declaration and payment of dividends and the timing and amount thereof; and available credit capacity under the Credit Facility. Future dividend payments and share buybacks, if any, and the level thereof, are uncertain, as the Company's return of capital framework and the funds available for such activities from time to time is dependent upon, among other things, free funds flow financial requirements for the Company's operations and the execution of its growth strategy, fluctuations in working capital and the timing and amount of capital expenditures, debt service requirements and other factors beyond the Company's control. Further, the ability of Tamarack to pay dividends and buyback shares will be subject to applicable laws (including the satisfaction of the solvency test contained in applicable corporate legislation) and contractual restrictions contained in the instruments governing its indebtedness, including its Credit Facility. The forward-looking statements contained in this document are based on certain key expectations and assumptions made by Tamarack, including those relating to: the business plan of Tamarack; the timing of and success of future drilling, development and completion activities; the geological characteristics of Tamarack's properties; the continued successful integration of acquired assets into Tamarack's operations; prevailing commodity prices, price volatility, price differentials and the actual prices received for the Company's products; the availability and performance of drilling rigs, facilities, pipelines and other oilfield services; the timing of past operations and activities in the planned areas of focus; the drilling, completion and tie-in of wells being completed as planned; the performance of new and existing wells; the application of existing drilling and fracturing techniques; prevailing weather and break-up conditions; royalty regimes and exchange rates; impact of inflation on costs; the application of regulatory and licensing requirements; the continued availability of capital and skilled personnel; the ability to maintain or grow the banking facilities; the accuracy of Tamarack's geological interpretation of its drilling and land opportunities, including the ability of seismic activity to enhance such interpretation; and Tamarack's ability to execute its plans and strategies. Although management considers these assumptions to be reasonable based on information currently available, undue reliance should not be placed on the forward-looking statements because Tamarack can give no assurances that they may prove to be correct. By their very nature, forward-looking statements are subject to certain risks and uncertainties (both general and specific) that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: risks with respect to unplanned third party pipeline outages and risks relating to inclement and severe weather events and natural disasters, such as fire, drought and flooding, including in respect of safety, asset integrity and shutting-in production; the risk that future dividend payments are reduced, suspended or cancelled; unforeseen difficulties in integrating of recently acquired assets into Tamarack's operations; incorrect assessments of the value of benefits to be obtained from acquisitions and exploration and development programs; risks associated with the oil and gas industry in general (e.g. operational risks in development, exploration and production; and delays or changes in plans with respect to exploration or development projects or capital expenditures); commodity prices, including the impact of the actions of OPEC and OPEC+ members; changes in legislation, including but not limited to tariffs, tax laws, royalties and environmental regulations (including greenhouse gas emission reduction requirements and other decarbonization or social policies and including uncertainty with respect to the interpretation of omnibus Bill C-59 and the related amendments to the Competition Act (Canada)); the imposition or expansion of tariffs imposed by domestic and foreign governments or the imposition of other restrictive trade measures, retaliatory or countermeasures implemented by such governments, including the introduction of regulatory barriers to trade and the potential effect on the demand and/or market price for the Company's products and/or otherwise adversely affects the Company; the uncertainty of estimates and projections relating to production, cash generation, costs and expenses, including increased operating and capital costs due to inflationary pressures; health, safety, litigation and environmental risks; access to capital; and pandemics. In addition, ongoing military actions between Russia and Ukraine and the recent crisis in Israel and Gaza have the potential to threaten the supply of oil and gas from those regions. The long-term impacts of the actions between these nations remains uncertain. Due to the nature of the oil and natural gas industry, drilling plans and operational activities may be delayed or modified to respond to market conditions, results of past operations, regulatory approvals or availability of services causing results to be delayed. Please refer to the Company's annual information form for the year ended December 31, 2024, and management's discussion and analysis for the period ended March 31, 2025, for additional risk factors relating to Tamarack, which can be accessed either on Tamarack's website at or under the Company's profile on The forward-looking statements contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement. SOURCE Tamarack Valley Energy Ltd.
Yahoo
09-06-2025
- Business
- Yahoo
A SAFE RAW MILK BREAKTHROUGH: TAMARACK BIOTICS EARNS FDA ACCEPTANCE OF INNOVATIVE TREATMENT
FRESNO, Calif., June 9, 2025 /PRNewswire/ -- In an historic milestone for food safety and nutrition, Tamarack Biotics secured U.S. FDA acceptance for its novel light-based milk treatment process. This clears the way for a new generation of dairy products that retain the full bioactive benefits of raw milk without the risk. Using advanced UV light technology, Tamarack's TruActive® process eliminates harmful pathogens while preserving the enzymes, proteins and immunity-supporting compounds that are often destroyed by traditional heat-based pasteurization. The result is a scientifically verified, safe, raw milk equivalent—a first in the dairy industry and an exciting development for the growing public demand for raw and minimally processed foods. This is not simply another method of pasteurization, which has been normalized with its heat-based treatment for decades. Tamarack Biotic's light-focusing treatment preserves the taste and creaminess of raw milk, which a growing number of people have rediscovered. Tamarack's TruActive® process is also more sustainable than thermal processing—far less energy is used. "Safe treatment of milk hasn't fundamentally changed in over 150 years," said Bob Comstock, CEO of Tamarack Biotics. "We've created a solution that brings raw milk safety into the 21st century, without sacrificing what makes milk truly nutritious. Our UV process actually achieves a greater level of safety than thermal pasteurization, which is truly remarkable." The FDA's determination confirms that Tamarack's method meets the official efficacy criteria for pasteurization, allowing it to initially be used in the production of powdered dairy ingredients such as whey protein concentrate, milk protein concentrate and immune-supporting compounds like lactoferrin. Tamarack has already started expanding TruActive® to other dairy products such as cheese, yogurt, kefir and colostrum. These steps pave the way for acceptance of TruActive® treatment of liquid raw milk as early as 2027. A UC Davis clinical trial demonstrated that a milk protein concentrate treated with the TruActive® process restored immune function in aging populations. Additionally, many European studies proved that raw milk consumption protected children from developing allergies such as asthma, eczema and food allergies. Tamarack's light-based system delivers the compounds believed responsible for allergy protection with none of the risks associated with unpasteurized dairy. Tamarack Biotics is a food technology company developing science-backed, non-thermal methods to safely treat milk without compromising natural health benefits. Media Contact:Vikaas Shankervikaas@ 730-6941 View original content: SOURCE Tamarack Biotics