HENDERSON, NEVADA--(Marketwire - 01/14/11) - NW Tech Capital Inc. (PINK SHEETS:NWTT - News) (http://www.nwtechcapital.com) is pleased to announce that merger 7662491 Canada Incorporated (Canada Corp.) has finalized.
The merger is now finalized between these two companies. NWTT is happy to have Canada Corp. under its wing. Canada Corp. licensed property is well located along a quality gold belt that contains high grade gold. The property is strategically placed within an area with well-documented, historic and present, gold manifestation. The previous property explorations proved the presence of gold on the property and the company continues the exploration phase.
By merging with Canada Corp., NWTT is looking to enter into the Canadian mining segment and increase the company value for the shareholders. These companies look forward to a long working relationship, and NWTT will advise the public on all developments regarding this subsidiary.
Between now (the release of this news) and early next week the company intends to post on OTC Markets web site topography of the exploration site and any other relevant information relating to this merger.
In other company news and events, the silver mining venture based in British Columbia, Canada is still in the play. The eco-lighting and paint company mergers are still alive, however the company seeks the most appropriate fit for the company to best benefit its shareholder base.
More details will be provided 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.
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