Aviator Ales announces stock offering
by Woodinville Weekly Staff
In response to their rapid growth, the 9-month-old Aviator Ales, Inc., located in north Woodinville, announced last week its expansion stock offering in hopes of raising a minimum of $650,000 before June 1997.
The company is offering 820,000 shares at $1.85 per share with a minimum purchase of 300 shares or $555.
The brewery, which was started in September 1995, grew to an 11th ranking in March in overall sales in Washington.
Its brews include flagship Aviator Amber Ale plus Honey Brown Ale, Hefe Weizen, India Pale Ale and Porter, sold in six-packs, 22-ounce bottles and drafts in Washington, Oregon, Idaho, Montana and Alaska.
"This rapid growth is due mainly to our commitment to brewing the highest quality ales possible for the local beer enthusiast," said General Manager Dusty Wyant.
"This offering will give us the opportunity to finance the expansion of our brewery productions and increase working capital."
Aviator Ales has a four-person brewing team combining for 50 years of brewing experience and directed by lead brewer Brendan Smith.
The company also submitted two of its ales at the World Beer Championships, winning two silver medals.
Offers and sales of the company's common stock may be made only through the use of a prospectus describing the business and the investment, which can be obtained through by calling Aviator Ales at 485-5432 or 1-800-925-BREW (2739).