CGrowth Capital, Inc. Begins Fulfillment of Steven County Sand and Gravel Contract
September 30 2014 - 4:00PM
Access Wire
SILVERDALE, WA / ACCESSWIRE / September 30, 2014 / CGrowth
Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to
announce that it has begun fulfillment of the first of three (3)
contract orders for sand and gravel to Stevens County Department of
Public Works. The purchase orders request the restocking of three
(3) of the county's sand depots in anticipation of the winter
months. The material is used in the sanding of county roads which
provides for traction and helps with de-icing and anti-icing during
the periods of snow and ice. The county has estimated a minimum
fulfillment amount of 10,000 yards, at $3.23 per yard, but could
total 15,000 yards when complete.
"Individually these recent contracts may not set records,"
stated Bill Wright, CEO of CGrowth Capital, Inc. "However,
accretive and over time the contracts will prove to be a foundation
for reoccurring revenue for the Company. Establishing contracts
with the county government has taken some time, but these are solid
orders that will open the door to additional government contract
fulfillment, expanding customer base, and future products
sales."
The Company has access to in excess of 2,000,000 yards of sand
and gravel under a 20 year lease acquired and announced earlier in
the fiscal year. The sand and gravel pit represents one (1) of the
dozen (12) quarries the Company acquired under a master lease in
April 2014, which included sand and gravel, dolomite, terrazzo, and
silica. The Company is continuing to explore sales channels,
partnerships, and product development for its quarry material and
products.
For more information about CGrowth Capital, visit their website:
http://www.CGrowthCapital.com
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. serves as a holding company for
businesses and assets focused on all aspects of mining, minerals,
and exploration. The processing of metal ore mining, mineral and
specialty rock extraction, as well as oil and gas production, are
multi-billion dollar market opportunities which is capitalized on
through processing, sales, contracting and licensing of assets.
CGrowth Capital's services and solutions are designed to assist
land owners with monetizing undervalued assets by bringing
commodities such as gold, silver, oil and gas, dolominte, and
terrazzo to market. CGrowth Capital will focus on acquiring or
"claiming" land assets, while also providing partners and
affiliates with management services, capital, contract management
and logistical services necessary for the successful execution of
mining operations.
Investor Inquiries:
CGrowth Capital, Inc.
888-218-2472
Safe Harbor
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby. The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management as well as assumptions made by and information currently
available to the Company or its management. When used in this
document, the words "anticipate," "estimate," "expect," "intend,"
"plans," "projects," and similar expressions, as they relate to the
Company or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties. The
Company disclaims any obligation to update or revise any
forward-looking statements.
SOURCE: CGrowth Capital, Inc.
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