HENDERSON, NEVADA--(Marketwire - 03/07/11) - NW Tech Capital Inc. (PINK SHEETS:NWTT - News) (www.nwtechcapital.com) subsidiary Bermal Contracting Ltd. is pleased to announce that it has reached an agreement with a commercial development company in British Columbia to supply its black flagstone in 2011.
The development company will be an ongoing Bermal customer in 2011 and will use the company's flagstone for the interior and exterior finishing of its condominium projects that are currently under construction. The developer is also building a shopping mall in British Columbia that also may use Bermal's products in 2011.
Bermal is located near Kaslo, B.C. and excavates high quality stone used for landscaping, including rock walls, fireplaces, ponds, patios, house exteriors, fire pits, flower beds, stairs and walkways. Management believes that working with this development company could become an ongoing project beyond 2011 and that it presents a serious growth opportunity for Bermal's operations.
Bermal has ongoing cooperation with several businesses and will update the public on these shortly.
NWTT's Canada Corp. explores properties located in geopolitically stable areas with confirmed mineral findings to build NWTT's portfolio and add to shareholder value.
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.
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