Bermal Contracting (NWTT) Expands Business Development With B.C. Condominium Builder
March 07 2011 - 2:45PM
Marketwired
NW Tech Capital Inc. (PINK SHEETS: NWTT) (www.nwtechcapital.com)
subsidiary Bermal Contracting Ltd. is pleased to announce that it
has reached an agreement with a commercial development company in
British Columbia to supply its black flagstone in 2011.
The development company will be an ongoing Bermal customer in
2011 and will use the company's flagstone for the interior and
exterior finishing of its condominium projects that are currently
under construction. The developer is also building a shopping mall
in British Columbia that also may use Bermal's products in
2011.
Bermal is located near Kaslo, B.C. and excavates high quality
stone used for landscaping, including rock walls, fireplaces,
ponds, patios, house exteriors, fire pits, flower beds, stairs and
walkways. Management believes that working with this development
company could become an ongoing project beyond 2011 and that it
presents a serious growth opportunity for Bermal's operations.
Bermal has ongoing cooperation with several businesses and will
update the public on these shortly.
NWTT's Canada Corp. explores properties located in
geopolitically stable areas with confirmed mineral findings to
build NWTT's portfolio and add to shareholder value.
More day-to-day operational updates and other news will follow
shortly and on a timely basis.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of NW Tech
Capital Inc., that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "project" and
similar words and phrases are intended to identify such
forward-looking statements. NW Tech Capital Inc. cautions you that
any forward-looking information provided by or on behalf of NW Tech
Capital Inc. is not a guarantee of future performance. None of the
information in this press release constitutes or is intended as an
offer to sell securities or investment advice of any kind. NW Tech
Capital Inc.'s actual results may differ materially from those
anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond NW Tech Capital
Inc.'s control. In addition to those discussed in NW Tech Capital
Inc.'s press releases, public filings, and statements by NW Tech
Capital Inc.'s management, including, but not limited to, NW Tech
Capital Inc.'s estimate of the sufficiency of its existing capital
resources, NW Tech Capital Inc.'s ability to raise additional
capital to fund future operations, NW Tech Capital Inc.'s ability
to repay its existing indebtedness, the uncertainties involved in
estimating market opportunities, and in identifying contracts which
match NW Tech Capital Inc.'s capability to be awarded contracts.
All such forward-looking statements are current only as of the date
on which such statements were made. NW Tech Capital Inc. does not
undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on
which any such statement is made or to reflect the occurrence of
unanticipated events.
Contacts: NW Tech Capital Inc. Investor Relations 1-647-426-1640
www.minamargroup.net/helpdesk Investor Relations Department Inquiry
www.minamargroup.net (IR) For (M&A) and Corporate Matters
www.minamargroup.com
NW Tech Capital (PK) (USOTC:NWTT)
Historical Stock Chart
From Nov 2024 to Dec 2024
NW Tech Capital (PK) (USOTC:NWTT)
Historical Stock Chart
From Dec 2023 to Dec 2024