Victura Construction Group Signs LOI with Tolltech Integrated Healthcare Solutions Corporation

FORT WORTH, TX / ACCESSWIRE / July 7, 2015 / Victura Construction Group, Inc., (OTC: VICT) (the "Company"), a development stage construction company, is pleased to announce that it has signed a Letter of Intent to acquire Tolltech Healthcare Integrated Solutions Corporation "THIS."

Tolltech HealthCare Integrated Solutions Corporation, the general partner of the Lake Okanagan Wellness Centre Limited Partnership has partnered with The Westbank First Nation, to facilitate the development of a five-star private wellness center on Westbank First Nation lands in the Okanagan community of Westbank, British Columbia, the first of its kind in Canada.

The Lake Okanagan Wellness Clinic will be a world-class private clinic and 5-star wellness resort located in West Kelowna, British Columbia. The project will be developed in several phases with the first phase consisting of a 200,000 square foot, 82 room private clinic complete with ten state-of-the-art operating rooms, radiology department (MRI-CT Scans, Ultrasound), a laboratory (DNA analysis), outpatient clinics and day surgery rooms. Subsequent phases of the resort property will include a Senior Care Facility, Restaurant, Residential Units and further Healthcare related facilities and clinics. The project is designed to add an additional 100 clinical beds for future development. Total cost to the project is 120 to 150MM CAD. Further due diligence regarding the project is being conducted at this time.

Said CEO Charly Everett: "Victura is thrilled and honored to partner with Tolltech Healthcare Integrated Solutions Corporation to participate in such a seminal project. The building and establishing of a facility that will impact so many lives is consistent with Victura's core development principals of operations. We relish the role of being difference makers in our world and for our company to have the opportunity to affect lives for generations to come is truly humbling."

The Westbank First Nation is one of the most progressive, successful aboriginal First Nation groups in Canada. Having achieved self-government in 2005, they have experienced unparalleled and explosive growth. With a stable and sophisticated government and leased land system, and large amounts of undeveloped serviced land, adjacent to Kelowna and bordering Lake Okanagan (one of the most desirable areas in Canada), commercial and residential developers are scrambling to gain a foothold for their projects on this Reserve. Projects over $10 million qualify for title insurance, unique to WFN lands, and First Nation lands in Canada. Financial institutions will lend to projects leasing land and the land can be leased for up to 99 years. Over 10,000 non-member residents currently reside on WFN lands.

SAFE HARBOR

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). All statements other than statements of historical facts included in this report regarding our financial position, business strategy, plans and objectives of management for future operations, industry conditions, and indebtedness covenant compliance are forward-looking statements. When used in this report, forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may" or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about, actual or potential future sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements.

Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our company's control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following: oil and gas prices, general economic or industry conditions, nationally and/or in the communities in which our company conducts business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our access to capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, and other economic, competitive, governmental, regulatory and technical factors affecting our company's operations, products, services and prices.

We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

Contact:

Victura Construction Group, Inc.
Patrick J. Johnson
Chief Communications Officer
817.546.3212
IR@victuraconstruction.com

SOURCE: Victura Construction Group, Inc.

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