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Cabo Verde Capital Inc. Reaches Agreement on Management Contract for New Hotel Asset in Cabo Verde
Cabo Verde Capital Inc. Reaches Agreement on Management Contract for New Hotel Asset in Cabo Verde.
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[{"type":"text","content":"\n\n\n\nCabo Verde Capital Inc. Reaches Agreement on Management Contract for New Hotel Asset in Cabo Verde\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\nCabo Verde Capital Inc. Reaches Agreement on Management Contract for New Hotel Asset in Cabo Verde\nOTC-PINK: CAPV\nPR Newswire\nWILMINGTON, Del., June 23, 2015\n\n\n\nWILMINGTON, Del., June 23, 2015 /PRNewswire/ -- Cabo Verde Capital Inc. (OTC:CAPV) (the \"Company\") is pleased to announce that it has reached an agreement in principle with a global hotel  management company for the Company's hotel project In Santo Antåo.  The Company is developing the project in the Republic of Cabo Verde on the island of Santo Antao.    The site is over 60,000 sq.m.  Definitive documentation is expected to be signed in the next few days and will include details of the commercial terms, that reflect Cabo Verde Capital's business practices which are built on a platform of de-risk and exit strategy in their projects through lease agreements.\n\nAbout Cabo Verde Capital Inc.\n\nCabo Verde Capital's activities are based on three main pillars: Real Estate, Hospitality and Casino development and the exploitation of these three segments.\n\nThis news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For more information please contact Corporate Relations at [email protected].\n\nJohn Duggan, President\n\nForward-looking Statement:\n\nTHIS NEWS RELEASE CONTAINS \"FORWARD-LOOKING STATEMENTS,\" AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCER...