Gage Roads Brewing Company has forecast a further $1 million hit to its sales and a $600,000 impairment charge, stemming from processing issues it encountered in April this year.
The circumstances surrounding the departure from Gage Roads Brewing Co Ltd of co-founder and managing director, Peter Nolin, remain unclear almost a fortnight after his resignation.
THE founders of Gage Roads Brewing Co expect to produce their first batch of beer by September this year following the recent completion of a $2.5 million capital raising.
