LCTI Low Carbon Technologies International, Inc. Announces Update on Energy Efficiency Firm Acquisition Expected Closing Date...
September 30 2013 - 10:12AM
OTC Markets
LCTI Low Carbon Technologies International, Inc. Announces Update
on Energy Efficiency Firm Acquisition Expected Closing Date
10/31/2013
LCTI Low Carbon Technologies International, Inc. Announces Update
on Energy Efficiency Firm Acquisition Expected Closing Date
10/31/2013
Company to Sign Agreement for Groundbreaking Patented
Environmental Mining Technology
VANCOUVER, BC--(Marketwired - Sep 30, 2013) - LCTI Low Carbon
Technologies International, Inc. (PINKSHEETS: LWCTF), a diversified
company focused on the Clean-tech, Construction, Energy &
Energy Efficiency, Environmental, Mining and Real Estate business
sectors, announced today that the company has received the final
definitive agreement for the acquisition of the Central Texas
Energy Efficiency firm.?The Company has consistently completed
10-15 projects per year and 2013 year end revenues are expected to
exceed $12 million.
In other news the Company is finalizing the terms of an
agreement to procure a groundbreaking patented environmental mining
technology for use in the copper mining industry. The technologies
significantly reduce emissions of carbon dioxide, sulfur, arsenic,
antimony, bismuth, and selenium into the environment compared to
conventional practices. The technology process enables copper
production from ore bodies that are too high in arsenic content to
be developed by conventional practices and copper and precious
metal recovery rates and yields are very significantly greater than
current practices.
The Company plans issue licenses to third parties within the
copper mining industry and in exchange will receive licensing fees,
royalties and/or project specific equity.
Safe Harbor
This news release contains forward-looking statements.?These
statements fall within the meaning of the Private Securities
Litigation Reform Act of 1995 (the "ACT").?Such statements are not
historical facts; including statements about plans and expectations
regarding products and opportunities, demand and acceptance of new
or existing products, capital resources and future financial
results -- all forward-looking.?Forward-looking statements involve
risks and uncertainties which may cause the Company's actual
results in future periods to differ materially from those
expressed.?These uncertainties and risks include changing consumer
preferences, lack of success of new products, loss of the Company's
customers, competition and other factors discussed from time to
time in the Company's filings with the Securities and Exchange
Commission.?You can identify forward-looking statements by
terminology such as "may," "should," "expects," "plans,"
"anticipates," "believes," "estimates," "predicts," "potential" or
"continue" or the negative of these terms or other comparable
terminology. These statements are only predictions.?Other factors
may cause the Company or the industry's actual results, levels of
activity, performance or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking
statements. While these forward-looking statements, and any
assumptions upon which they are based, are made in good faith and
reflect our current judgment regarding the direction of our
business, actual results will almost always vary, sometimes
materially, from any estimates, predictions, projections,
assumptions or other future performance suggested herein. Except as
required by applicable law, including the securities laws of the
United States, the Company does not intend to update any of the
forward-looking statements to conform these statements to actual
results.
You should independently investigate and fully understand all
risks before making investment decisions.
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