{"success":true,"data":{"pressRelease":{"id":"156435","rtpr_id":"nGNX4GmXvq-20260930","ticker":"CRVH","exchange":"OTC","all_tickers":["CRVH"],"title":"Chilco River Holdings Advances Commercialization Across Premium Spirits Portfolio","author":"Globe Newswire","published_at":"2026-09-30T11:00:00.201Z","article_body":"LOS ANGELES, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Chilco River Holdings, Inc.\n(OTCID: CRVH) (“Chilco River” or the “Company”), a beverage alcohol\nholding company focused on premium tequila, bourbon and ready-to-drink\n(“RTD”) spirits, today provided shareholders with an update on recent\noperational progress and the Company’s near-term commercialization\npriorities.\n\nBuilding the Foundation for Commercial Growth\n\nOver the past year, Chilco River has continued its transition into a focused\nbeverage alcohol holding company built around a portfolio of premium consumer\nbrands spanning tequila, bourbon and ready-to-drink cocktails.\n\nManagement’s strategy has centered on establishing the operational\nfoundation necessary for sustainable commercialization: completing production,\nsecuring required regulatory approvals, establishing distribution\nrelationships, developing direct-to-consumer capabilities and concentrating\nresources in select strategic markets.\n\nWith production of Excuse Tequila Diamond Edition now complete and initial\nU.S. distribution underway, the Company believes it has reached an important\nstage in that strategy as its focus increasingly shifts from product\ndevelopment toward commercialization, distribution and consumer adoption.\n\nChilco River intends to concentrate initially on key markets including Texas,\nIllinois and California, while building the distribution, marketing and\ne-commerce infrastructure necessary to support additional expansion\nnationally.\n\n\n\nExcuse Tequila Diamond Edition\n\nProduction of Excuse Tequila Diamond Edition has been completed through the\nCompany’s distillery partner in the highlands of Jalisco, Mexico.\n\nThe product has secured required regulatory approvals, including U.S. federal\nlabel approval and authorization from the Texas Alcoholic Beverage Commission\n(“TABC”) for sale within Texas.\n\nImportation and initial U.S. distribution are now underway, beginning with the\nHouston market.\n\nThe Company is actively developing and evaluating distribution relationships\nwithin its previously announced target markets of Houston, Chicago and Los\nAngeles as it builds the commercial footprint for the brand.\n\nIn parallel, a dedicated Excuse Tequila e-commerce platform is nearing\ncompletion and is expected to provide an additional direct-to-consumer channel\nfor eligible consumers across the continental United States, subject to\napplicable state and local regulations.\n\nManagement believes the combination of targeted distributor relationships and\ne-commerce will provide the Company with multiple avenues for building brand\nawareness and expanding consumer access.\n\nExcuse Mixers\n\nChilco River continues to advance the planned commercial launch of its Excuse\nMixers ready-to-drink cocktail portfolio.\n\nManufacturing of the product containers has been completed, and labels for the\nCompany’s four planned launch flavors — Margarita, Strawberry Margarita,\nPaloma and Purple Punch — have been submitted to the Alcohol and Tobacco Tax\nand Trade Bureau (“TTB”) for approval.\n\nFollowing required regulatory approvals, the Company expects to proceed with\nfinal label assembly and co-packing as it prepares the products for commercial\nlaunch.\n\nManagement views the mixer line as an important complement to the Company’s\nbroader beverage portfolio and an additional opportunity to reach consumers\nacross multiple product categories and price points.\n\nMr. Cliff’s Premium Bourbon\n\nMr. Cliff’s Premium Bourbon continues to build its presence in Texas through\nconsumer events, tastings and market-development activities.\n\nThe Company has also completed a new premium label design for the brand, which\nis expected to be submitted to the TTB for regulatory approval.\n\nThese initiatives are intended to position Mr. Cliff’s for expanded\ncommercial activity while allowing the Company to continue building brand\nrecognition within a targeted initial market.\n\nCorporate and Capital Markets Initiatives\n\nIn addition to advancing its operating businesses, Chilco River continues to\nwork on several corporate initiatives intended to strengthen the Company’s\npublic-market infrastructure and shareholder communications.\n\nThe Company’s Form 211 process under Rule 15c2-11 and its PCAOB audit remain\nunderway and continue to progress.\n\nChilco River is also developing updated corporate and brand websites, expanded\nsocial-media channels and improved digital communications designed to provide\nconsumers, business partners and shareholders with greater access to Company\nand brand information.\n\nManagement intends to provide additional updates as material milestones are\nachieved.\n\nManagement Commentary\n\n“Over the past year, our objective has been to turn the foundation we have\nbuilt into tangible commercial progress,” said Will Lovett, Chief Executive\nOfficer of Chilco River Holdings.\n\n“Excuse Tequila Diamond Edition has moved from development through\nproduction and regulatory approval and is now entering U.S. distribution. At\nthe same time, Excuse Mixers and Mr. Cliff’s continue moving through the\nsteps required for broader commercialization.”\n\nLovett continued, “Our focus remains disciplined execution. We believe\nbuilding these brands market by market, while simultaneously strengthening our\ncorporate and public-market infrastructure, provides the appropriate\nfoundation for the next stage of Chilco River’s development. We look forward\nto providing shareholders with additional updates as these initiatives\nadvance.”\n\nAbout Chilco River Holdings, Inc.\n\nChilco River Holdings, Inc. (OTCID: CRVH) is a beverage alcohol holding\ncompany focused on the acquisition, development, marketing and distribution of\npremium alcohol brands, including tequila, bourbon and ready-to-drink\ncocktails.\n\nThe Company’s strategy centers on developing a diversified portfolio of\nconsumer-focused beverage brands through disciplined market expansion,\nstrategic distribution relationships, direct-to-consumer capabilities and\nselective partnerships.\n\nShareholders and prospective investors are encouraged to review the\nCompany’s filings and public disclosures available through OTC Markets.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995, including statements\nregarding distribution expansion, e-commerce capabilities, regulatory\napprovals, anticipated product launches, commercialization initiatives,\ncorporate filings and other future business activities.\n\nForward-looking statements are based on current expectations and assumptions\nand involve risks and uncertainties that could cause actual results to differ\nmaterially from those expressed or implied. Forward-looking statements speak\nonly as of the date of this release, and the Company undertakes no obligation\nto update such statements except as required by applicable law.\n\nContact\n\nChilco River Holdings, Inc.\nPhone: 1-800-421-6581\nEmail: info@chilcoriver.com\nWebsite: www.chilcoriver.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/e8ce770e-0141-4e32-a90f-cd0cc1069d95\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5b6eb558-00b4-4078-bf35-82f59c5f70ef)\nChilco River premium spirits portfolio \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e8ce770e-0141-4e32-a90f-cd0cc1069d95/en)\nProducts in the midst of commercialization\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4GmXvq-20260930","title":"Chilco River Holdings Advances Commercialization Across Premium Spirits Portfolio","author":"Globe Newswire","ticker":"CRVH","created":"2026-09-30T11:00:00.201Z","tickers":["CRVH"],"exchange":"OTC","article_body":"LOS ANGELES, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Chilco River Holdings, Inc.\n(OTCID: CRVH) (“Chilco River” or the “Company”), a beverage alcohol\nholding company focused on premium tequila, bourbon and ready-to-drink\n(“RTD”) spirits, today provided shareholders with an update on recent\noperational progress and the Company’s near-term commercialization\npriorities.\n\nBuilding the Foundation for Commercial Growth\n\nOver the past year, Chilco River has continued its transition into a focused\nbeverage alcohol holding company built around a portfolio of premium consumer\nbrands spanning tequila, bourbon and ready-to-drink cocktails.\n\nManagement’s strategy has centered on establishing the operational\nfoundation necessary for sustainable commercialization: completing production,\nsecuring required regulatory approvals, establishing distribution\nrelationships, developing direct-to-consumer capabilities and concentrating\nresources in select strategic markets.\n\nWith production of Excuse Tequila Diamond Edition now complete and initial\nU.S. distribution underway, the Company believes it has reached an important\nstage in that strategy as its focus increasingly shifts from product\ndevelopment toward commercialization, distribution and consumer adoption.\n\nChilco River intends to concentrate initially on key markets including Texas,\nIllinois and California, while building the distribution, marketing and\ne-commerce infrastructure necessary to support additional expansion\nnationally.\n\n\n\nExcuse Tequila Diamond Edition\n\nProduction of Excuse Tequila Diamond Edition has been completed through the\nCompany’s distillery partner in the highlands of Jalisco, Mexico.\n\nThe product has secured required regulatory approvals, including U.S. federal\nlabel approval and authorization from the Texas Alcoholic Beverage Commission\n(“TABC”) for sale within Texas.\n\nImportation and initial U.S. distribution are now underway, beginning with the\nHouston market.\n\nThe Company is actively developing and evaluating distribution relationships\nwithin its previously announced target markets of Houston, Chicago and Los\nAngeles as it builds the commercial footprint for the brand.\n\nIn parallel, a dedicated Excuse Tequila e-commerce platform is nearing\ncompletion and is expected to provide an additional direct-to-consumer channel\nfor eligible consumers across the continental United States, subject to\napplicable state and local regulations.\n\nManagement believes the combination of targeted distributor relationships and\ne-commerce will provide the Company with multiple avenues for building brand\nawareness and expanding consumer access.\n\nExcuse Mixers\n\nChilco River continues to advance the planned commercial launch of its Excuse\nMixers ready-to-drink cocktail portfolio.\n\nManufacturing of the product containers has been completed, and labels for the\nCompany’s four planned launch flavors — Margarita, Strawberry Margarita,\nPaloma and Purple Punch — have been submitted to the Alcohol and Tobacco Tax\nand Trade Bureau (“TTB”) for approval.\n\nFollowing required regulatory approvals, the Company expects to proceed with\nfinal label assembly and co-packing as it prepares the products for commercial\nlaunch.\n\nManagement views the mixer line as an important complement to the Company’s\nbroader beverage portfolio and an additional opportunity to reach consumers\nacross multiple product categories and price points.\n\nMr. Cliff’s Premium Bourbon\n\nMr. Cliff’s Premium Bourbon continues to build its presence in Texas through\nconsumer events, tastings and market-development activities.\n\nThe Company has also completed a new premium label design for the brand, which\nis expected to be submitted to the TTB for regulatory approval.\n\nThese initiatives are intended to position Mr. Cliff’s for expanded\ncommercial activity while allowing the Company to continue building brand\nrecognition within a targeted initial market.\n\nCorporate and Capital Markets Initiatives\n\nIn addition to advancing its operating businesses, Chilco River continues to\nwork on several corporate initiatives intended to strengthen the Company’s\npublic-market infrastructure and shareholder communications.\n\nThe Company’s Form 211 process under Rule 15c2-11 and its PCAOB audit remain\nunderway and continue to progress.\n\nChilco River is also developing updated corporate and brand websites, expanded\nsocial-media channels and improved digital communications designed to provide\nconsumers, business partners and shareholders with greater access to Company\nand brand information.\n\nManagement intends to provide additional updates as material milestones are\nachieved.\n\nManagement Commentary\n\n“Over the past year, our objective has been to turn the foundation we have\nbuilt into tangible commercial progress,” said Will Lovett, Chief Executive\nOfficer of Chilco River Holdings.\n\n“Excuse Tequila Diamond Edition has moved from development through\nproduction and regulatory approval and is now entering U.S. distribution. At\nthe same time, Excuse Mixers and Mr. Cliff’s continue moving through the\nsteps required for broader commercialization.”\n\nLovett continued, “Our focus remains disciplined execution. We believe\nbuilding these brands market by market, while simultaneously strengthening our\ncorporate and public-market infrastructure, provides the appropriate\nfoundation for the next stage of Chilco River’s development. We look forward\nto providing shareholders with additional updates as these initiatives\nadvance.”\n\nAbout Chilco River Holdings, Inc.\n\nChilco River Holdings, Inc. (OTCID: CRVH) is a beverage alcohol holding\ncompany focused on the acquisition, development, marketing and distribution of\npremium alcohol brands, including tequila, bourbon and ready-to-drink\ncocktails.\n\nThe Company’s strategy centers on developing a diversified portfolio of\nconsumer-focused beverage brands through disciplined market expansion,\nstrategic distribution relationships, direct-to-consumer capabilities and\nselective partnerships.\n\nShareholders and prospective investors are encouraged to review the\nCompany’s filings and public disclosures available through OTC Markets.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995, including statements\nregarding distribution expansion, e-commerce capabilities, regulatory\napprovals, anticipated product launches, commercialization initiatives,\ncorporate filings and other future business activities.\n\nForward-looking statements are based on current expectations and assumptions\nand involve risks and uncertainties that could cause actual results to differ\nmaterially from those expressed or implied. Forward-looking statements speak\nonly as of the date of this release, and the Company undertakes no obligation\nto update such statements except as required by applicable law.\n\nContact\n\nChilco River Holdings, Inc.\nPhone: 1-800-421-6581\nEmail: info@chilcoriver.com\nWebsite: www.chilcoriver.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/e8ce770e-0141-4e32-a90f-cd0cc1069d95\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5b6eb558-00b4-4078-bf35-82f59c5f70ef)\nChilco River premium spirits portfolio \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e8ce770e-0141-4e32-a90f-cd0cc1069d95/en)\nProducts in the midst of commercialization\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-30T11:00:00.46805341Z","server_sent_at_ms":1790766000468},"received_at":"2026-09-30T11:00:00.518Z","source_url":null},"analysis":{"id":"145133","press_release_id":"156435","analysis_json":{"industry":{"label":"Beverages","sector":"Consumer Staples"},"redFlags":["OTC micro-cap relying on pending Form 211 and PCAOB audit processes","No revenue, sales or financing figures disclosed despite commercialization claims"],"eventType":"operations_update","narrative":"Chilco River Holdings provided an operational update showing Excuse Tequila Diamond Edition production complete with initial U.S. distribution beginning in Houston.\n\nThe company is targeting Texas, Illinois and California, with a direct-to-consumer e-commerce platform nearing completion, while Excuse Mixers labels await TTB approval and Mr. Cliff's Premium Bourbon builds Texas presence.\n\nForm 211 and PCAOB audit processes remain underway; the release contains no financial figures, making this a progress narrative rather than a quantified disclosure.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Boilerplate commercialization progress update with no hard numbers -- low signal for micro-cap CRVH."},"keyFigures":{},"quotedText":"Excuse Tequila Diamond Edition has moved from development through production and regulatory approval and is now entering U.S. distribution.","namedEntities":{"people":[{"name":"Will Lovett","role":"CEO"}],"products":["Excuse Tequila Diamond Edition","Excuse Mixers","Mr. Cliff's Premium Bourbon"],"companies":[{"name":"Chilco River Holdings, Inc.","ticker":"CRVH","relationship":"filer"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Positive operational progress (production complete, initial distribution of Excuse Tequila underway) but no revenue figures, contracts, or hard milestones; OTC micro-cap status limits market impact."},"tickerRelevance":{"others":[],"primary":"CRVH"},"globalImportance":12,"audienceRelevance":8,"eventTypeSecondary":["product_launch"],"importanceComponents":{"tickerTier":"micro-cap OTC","eventGravity":"routine operations update, no financials","issuerAuthored":true}},"event_type":"operations_update","event_type_secondary":["product_launch"],"sentiment":"bullish","material_impact_score":2,"narrative":"Chilco River Holdings provided an operational update showing Excuse Tequila Diamond Edition production complete with initial U.S. distribution beginning in Houston.\n\nThe company is targeting Texas, Illinois and California, with a direct-to-consumer e-commerce platform nearing completion, while Excuse Mixers labels await TTB approval and Mr. Cliff's Premium Bourbon builds Texas presence.\n\nForm 211 and PCAOB audit processes remain underway; the release contains no financial figures, making this a progress narrative rather than a quantified disclosure.","key_figures":{},"named_entities":{"people":[{"name":"Will Lovett","role":"CEO"}],"products":["Excuse Tequila Diamond Edition","Excuse Mixers","Mr. Cliff's Premium Bourbon"],"companies":[{"name":"Chilco River Holdings, Inc.","ticker":"CRVH","relationship":"filer"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-30T11:00:05.533Z","global_importance":12,"audience_relevance":8,"importance_components":{"tickerTier":"micro-cap OTC","eventGravity":"routine operations update, no financials","issuerAuthored":true}},"durationMs":4988,"modelName":"glm-5.3-flashx"}}