Business
CGrowth Capital, Inc. Provides Shareholder Update
CGrowth Capital, Inc. Provides Shareholder Update.
About this update from Cgrowth Capital, Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\nCGrowth Capital, Inc. Provides Shareholder Update\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nCGrowth Capital, Inc. Provides Shareholder Update\n\nPR Newswire\n\nSILVERDALE, Wash., May 30, 2013\n\n\n\n\n\n\n\nSILVERDALE, Wash., May 30, 2013 /PRNewswire/ -- CGrowth Capital, Inc. (Pink Sheets: CGRA) (the \"Company\"), is pleased to provide an update to its shareholders regarding the Company's progress. \n\n\nThe Company's primary focus remains the Deer Trail Mine operation in Eastern Washington. A great deal of progress was made at the beginning of the year to set the stage for processing in 2013, including the purchasing of major pieces of equipment and contracting for the purchase of the mine site. \n\n\nThe Company's focus the past couple of months has been the initial financing for operations at the mine. While we are not ready to announce completed financing yet, we are pleased with the progress that has been made as we diligently work to negotiate the best possible financing for the Company. Additionally, as negotiations have continued to progress, so has the due diligence and site visits performed on behalf of the financiers, our partners, and third party providers. \nThe Company is in constant review of business opportunities for future business growth and diversification, such as the recently signed agreement with Kirida Resources, Inc.'s Cameroon gold and diamond project. While the precious mineral sector provides numerous opportunities and great promise, the Company is also looking at additional commodities that will provide for diversification and increased cash flows, such as oil and gas, and rare earth minerals. \n\n\nThis is shaping up to be an exciting year for the Company and we look forward to providing further updates in the near future.\n\n\nFor more information about CGrowth Capital, visit their website: http://www.CGrowthCapital.com \n\n\n\nAbout CGrowth Capital, Inc.:\n\n\n?CGrowth Capital, Inc. serves as a holding company for businesses and assets focused on all aspects ...