NW Tech Capital Inc. (NWTT) Introduction of New Merger Candidate: Ornamental Stone Quarry
January 21 2011 - 7:45AM
Marketwired
NW Tech Capital Inc. (PINK SHEETS: NWTT) (www.nwtechcapital.com)
Further to the company various previous press releases, where
amongst other things NWTT management advised its followers of its
aspirations to complete up to 5 new mergers and expand and grow its
business model further the company is pleased to introduce its 3rd
targeted merger candidate.
This 3rd targeted merger candidate is located in British
Columbia, Canada. This Ornamental Stone Quarry has a lot of virgin
rock available and a road leading to the property. The stone on the
property offers a wide range of beautiful colors with numerous
intrusions of the pure quartz between the layers, which works very
favourable for the Stone price. Stone slabs offer sizes from small
to large images of the quarry and other relevant information will
be made available at the OTCMarkets and the company web site over
the weekend. The company research and beliefs are that the Quarry
site contains extensive deposits of this quality stone.
Quarry operations maybe one of the fastest way of turning mining
claims into profitable producers, as most of the time company mines
visible stone deposits, and whole development process doesn't need
a lot of time and speculation. Exploitation cost is a second highly
favourable element of Quarry business, as it cost only a fraction
of cost necessary to operate any other kind of mining
operations.
This stone can be used in variety of ways. NWTT sees a great and
profitable opportunity in expanding and distributing this stone to
the stone masonry work. Stone masonry uses quality stone for
production of some of the lasting and the most beautiful works in
human history and with great popularity in the modern urban
settings. Future plans of the company is to begin using this
property as a starting point for launching stone masonry services
in the claims locale.
NWTT management sees a great opportunity to complement the
company's core business.
Again, as with the recent Ontario merger the share structure of
NWTT will remain undisturbed. Because of the already established
relationship in financing with the previous Ontario merger, the
company does not foresee this merger to take as long to complete as
it did with the Ontario property.
The company intends to provide its followers with timely news
and updates on a regular basis. Moreover all non news worthy
updates or daily important updates will be made available as a
filing on OTCMarkets web site and through the company's IR "support
suite" web site.
More details will be released shortly.
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: 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
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