HENDERSON, NEVADA--(Marketwire - 03/04/11) - NW Tech Capital Inc. (PINK SHEETS:NWTT - News) (www.nwtechcapital.com) subsidiary Canada Corp. announced today that it's looking into expanding its exploration portfolio with a potential new deal.
Canada Corp.'s management announced on Feb. 3, 2011 (http://www.minamargroup.net/support/index.php?_m=news&_a=viewnews&newsid=643) that it would continue to seek new mining ventures to expand its portfolio of properties with confirmed findings of precious metals.
A promising deal is now on the table with a platinum mining property located in Ontario, Canada. Platinum is extremely rare and is the most precious of all the precious metals. This unique opportunity has piqued Canada Corp.'s interest.
Newly appointed Vice-President Zdenko Vrba said: "This is a huge opportunity for us to grow the portfolio with more opportunities and more chances to succeed in the industry. We have radical plans for NWTT and feel that this platinum venture could fit in perfectly with our future plans for NWTT. NWTT will further implement its policy to explore properties located in geopolitically stable areas with confirmed mineral findings."
Canada Corp. will share updates on all details and new developments with investors 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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