SILVERDALE, WA — (Marketwired) — 07/26/13 — CGrowth Capital, Inc. (OTC Pink: CGRA) (the “Company”) is pleased announce that it is diversifying its holdings to include Oil and Gas Leases as previously announced earlier in the year. The Company has engaged an experienced group of professionals to head the Oil and Gas Division that will primarily focus on lease opportunities in North Central Texas, Northern Louisiana and Wyoming. Currently the Company is completing the due diligence on three (3) lease opportunities and expects to have the acquisitions completed in the near future.
“We are thrilled to be opening an Oil and Gas Division for the Company,” stated Bill Wright, CEO of CGrowth Capital, Inc. “Adding a diversified source of assets to the Company along with a new revenue stream should prove to be beneficial for the Company and the shareholders.”
The oil and gas division is consistent with the Company–s previous announced business objectives of diversification of undervalued commodities. Oil and gas should prove to be a good addition to the Company–s current mineral holdings, which has steadily progressed towards asset recognition and production.
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About CGrowth Capital, Inc.:
CGrowth Capital, Inc. serves as a holding company for businesses and assets focused on all aspects of mining. The processing of metal ore mining is a multi-billion dollar market opportunity which is capitalized 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 and silver 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.
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.
Investor Inquiries:
CGrowth Capital, Inc.
888-218-2472