Business
CANYON GOLD CORP. -- Diversifies With the Acquisition of DEFENSE TECHNOLOGY CORPORATION, LLC of Tarpon Springs, Florida (DTC)
CANYON GOLD CORP. -- Diversifies With the Acquisition of DEFENSE TECHNOLOGY CORPORATION, LLC of Tarpon Springs, Florida (DTC).
About this update from Defense Technologies International Corp.
[{"type":"text","content":"\nLAS VEGAS, Oct. 6, 2015 (GLOBE NEWSWIRE) -- Canyon Gold Corp. (OTC-QB:CGCC) (The Company) is pleased to announce that it has acquired a 100% interest in DEFENSE TECHNOLOGY CORPORATION, LLC. a Colorado Corporation, whereby DTC becomes a wholly owned subsidiary of CGCC.\n\n\tAs part of the company's strategic growth plan to enhance shareowner value, and recognizing the persistent but temporarily depressed gold resources market, and after extensive analysis the company has decided to diversify and expand its focus on revenues and value in a critical need market sector.\n\n\tIn acquiring DTC, the company has acquired proprietary technologies unique in design and operation with its first product primarily designed for the important and rapidly expanding school safety market.\n\n\tDEFENSE TECHNOLOGY CORPORATION, LLC: http://www.defensetechnologycorporation.com/\n\n\tDTC was formed in 2007 to bring products to market in the areas of personal and collateral protection. DTC will succeed in the markets of personal and collateral protection by creating technology that is unique in design and operation. The company currently has two products in development that will change the face of their respective industries.\n\n\tDTC has assembled a team of experts that have built relationships in target markets spanning over 3 years, enabling the company to deal directly with the decision makers specific to the products. DTC has presented to state and federal government departments and is positioned to move forward with the sale of products.\n\n\tDTC's business model is based on the hub and spoke system operating in an identified market with a direct connection to decision makers. The markets for the lead product are the 105,000 U.S. public & private schools, colleges and universities. The core customer base is government, specifically federal, state, and regional, together with international replication and future commercial applications.\n\n\tDTC's VISION\n\n\tSelling peace of mind to our customers through effective security products.\n\n\tEncouraging adoption of cutting edge technologies by providing functional and budgetary viability.\n\n\tMaintaining a company where research and creativity are nurtured, leading to a prosperous future for the company, our shareholders and our customers.\n\n\t\"We welcome the seasoned management team of our n...