Bermal Contracting Ltd. (NWTT) $250,000 Flagstone Order
January 18 2011 - 1:15PM
Marketwired
NW Tech Capital Inc. (PINK SHEETS: NWTT) (www.nwtechcapital.com)
subsidiary Bermal Contracting Ltd. is pleased to announce that it
is in negotiations with a commercial development company to supply
it with up to $250,000 CAD worth of flagstone for its newly built
condominium development.
This development company has expressed an interest in using
Bermal's popular black flagstone for the interior and exterior
finishing of the 16 condo units that are under construction. The
company is looking to order approximately 15,000 square feet of
sheet rock for this order worth up to $250,000. Bermal's black
flagstone is a favorite among customers, and Bermal is the only
quarry in the region to produce this color.
The development company owns and operates 6 various companies,
and this deal would provide Bermal with a great opportunity to get
its product out. Bermal believes that working with this development
company could become an ongoing project and offer a serious growth
opportunity for the company. The company expects the transaction to
close shortly.
In other company news and events, NWTT will be appointing new
officers, directors and board members as a result of the recent
7662491 Canada Incorporated (Canada Corp.) mining merger
completion. (Announcement of Jan. 14, 2011) The company will post
certain filings of this event with OTC Markets shortly.
The company confirms that other previously announced mergers are
still in play.
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: 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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