Cgrowth Capital Inc (CGRA) 0.0157 $CGRA CGrowth
Post# of 273238
CGrowth Capital Announces Two Additional Tier 3 Cannabis Tenants at Washington State Facility
ACCESSWIRE - Thu Apr 07, 9:01AM CDT
SILVERDALE, WA / ACCESSWIRE / April 7, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that its wholly owned subsidiary, Chewelah Properties, LLC, has executed a 5-year lease to provide an approved F-1 manufacturing facility for legalized cannabis production and processing to two (2) additional I-502 Tier 3 cannabis producer/processors at its Washington state facility. The tenants, "Randolph and Mortimer" and "Wonder West Group," join the previously announced Wildfire Cannabis Company at the site to bring the total lessees to three.
CGrowth Capital Receives Clearance for Cannabis Operations in Washington State
ACCESSWIRE - Tue Apr 05, 12:29PM CDT
SILVERDALE, WA / ACCESSWIRE / April 5, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that it has received a Determination of Non-Significance ("DNS" from Stevens County regarding the Company's application to allow its Eastern Washington industrial facility to transition from a mineral processing site to one that can grow and process cannabis. The effect of the DNS clears the way for the Company to proceed with its plans to lease portions or all of its 47-acre site to company's legally producing and/or processing cannabis and its byproducts in the state of Washington.
CGrowth Capital Provides Update and Confirms Funding on Corporate Bond
ACCESSWIRE - Tue Mar 29, 9:00AM CDT
SILVERDALE, WA / ACCESSWIRE / March 29, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that its wholly owned subsidiary CGrowth Capital Bond, Ltd. has received initial subscriptions of its £15,000,000.00 British Pounds Sterling ("GBP" bond offering in the amount of £7,300,000.00 GBP. The Company's subsidiary has successfully completed and received the subscriptions and is working towards fulfillment of the remainder of the bond offering.
CEOLIVE.TV Announces New Interview with William Wright, CEO of CGrowth Capital, Inc.
ACCESSWIRE - Wed Mar 23, 8:58AM CDT
ORLANDO, FL / ACCESSWIRE / March 23, 2016 / CEOLIVE.TV, A provider of in-depth video interviews with public company CEO's (www.ceolive.tv), announced today that they will be releasing a new interview with William M. Wright III, CEO of CGrowth Capital, Inc. (OTC PINK: CGRA) on Thursday, March 24, 2016 at 9:30AM ET.
CGrowth Capital, Inc. Releases Details of Joint Venture Bond Offering
ACCESSWIRE - Tue Mar 22, 11:30AM CDT
SILVERDALE, WA / ACCESSWIRE / March 22, 2016 / CGrowth Capital, Inc. (PINKSHEETS: CGRA) (the "Company" is pleased to officially release details of the Company's Joint Venture Bond offering in the United Kingdom. The bonding company, registered under CGrowth Capital Bond Ltd., is a wholly owned subsidiary of the Company and will be treated as such under the Company's consolidated financial statements. The initial offering of the bond is for £15,000,000.00 British Pounds Sterling, with net proceeds distributed to the three Joint Venture projects - including the Company's Powder River Basin oil and gas project.
CGrowth Capital, Inc. Updates Shareholders on Cannabis Lease and Washington Market
ACCESSWIRE - Wed Aug 12, 3:15PM CDT
SILVERDALE, WA / ACCESSWIRE / August 12, 2015 / CGrowth Capital, Inc. (PINKSHEETS: CGRA) (the "Company" is pleased to update shareholders on progress made towards its first turnkey lease to a cannabis producer in Washington State. As previously announced, the Lessee has completed its initial interviews and approvals with the Washington State Liquor Control Board ("LCB", paving the way for the future site(s). The Company has followed this up with preliminary approval from Stevens County for the placement of the facility, and is now preparing for formal permit and site development submission. The Company has budgeted up to $1m for the complete buildout and remodel and is working with investors and lenders to arrive at acceptable financing terms.
CGrowth Capital, Inc. Announces Preliminary Net Valuations on Dolomite Reserve
GlobeNewswire - Tue Jul 28, 3:22PM CDT
via PRWEB - CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce preliminary results and net valuations on its magnesium dolomite reserve. Taking into account the physical characteristics of the site, water tables, and anticipated mining expenses, the immediate probable mineral reserve has been set at 63% of the initial survey reserve of 505m cubic yards - which calculates out at 420m tons of material - significantly exceeding initial expectations. The estimated economic benefit from the site, after accounting for royalty, reclamation, and loss, has been estimated at a net value of approximately $2.7 billion.
CGrowth Capital, Inc. Updates Shareholders on Dolomite Survey
ACCESSWIRE - Tue Jul 07, 10:30AM CDT
SILVERDALE, WA / ACCESSWIRE / July 7, 2015 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to update shareholders on its progress on its 348 acre dolomite pit survey. N.L. Olson And Associates, a multi-disciplinary engineering, land surveying and planning firm with over 40 years of experience, has completed the topographical and quantification of total gross Magnesium Dolomite resources on the Company's Eastern Washington mineral leases known as the White Pit - with total gross resources exceeding 500,000,000 cubic yards of material.
CGrowth Capital, Inc. Executes Commercial Lease and Option to Purchase with Wildfire Cannabis Company
ACCESSWIRE - Fri May 15, 8:30AM CDT
SILVERDALE, WA / ACCESSWIRE / May 15, 2015 / CGrowth Capital, Inc. (PINKSHEETS: CGRA) (the "Company" is excited to share the details of the Lease Agreement between our wholly- owned subsidiary Chewelah Properties, LLC and Wildfire Cannabis Company, LLC ("Tenant" or "WFCC", a Tier 3 cannabis Producer in Washington state. The five (5) year, with five (5) year renewal, Lease Agreement calls for a turn-key operational facility provided by the Company for the production and processing of cannabis by the Tenant. The Lease Agreement anticipates gross payments in excess of $2,000,000 annually, to include base rent, tenant improvements, common area maintenance charges, ancillary rentable areas, and administration fees. The Lease Agreement provides for the Tenant to increase its base rentable space by up to 33% as future business growth dictates, in turn increasing the realized rent and revenue to the Company.
CGrowth Capital, Inc. Contracts for Survey Work and Reporting on Dolomite Reserve
ACCESSWIRE - Tue May 12, 8:46AM CDT
SILVERDALE, WA / ACCESSWIRE / May 12, 2015 / CGrowth Capital, Inc. (PINKSHEETS:CGRA) (the "Company" is pleased to announce they have contracted with N.L. Olson and Associates, a Professional Engineering firm with 40 years experience, to survey, test, document, and report on the Company's Magnesium Dolomite quantities and values. Additionally, the Company has established a relationship with a third party Licensed Professional Engineer who meets the requirements of a "qualified person" as set out in National Instrument 43-101 ("NI 43-101" and is qualified to issue a Competent Person's Report ("CPR" that meets the Securities and Exchange Commission's ("SEC" standards for quantifying and valuing reserve assets. The Company intends to utilize the data collected by the engineering firm and certified by the "qualified person" to substantiate assets on its balance sheet and leverage those assets as collateral for funding and executing on its business plan.
CGrowth Capital, Inc. Announces Completion of Infrastructure Upgrades and Improvements on Wyoming Oil Assets
ACCESSWIRE - Thu May 07, 10:01AM CDT
SILVERDALE, WA / ACCESSWIRE / May 7, 2015 / CGrowth Capital, Inc. (PINKSHEETS:CGRA) (the "Company" is pleased to inform shareholders that our team has completed the weeks of hard work required for the preliminary road modifications, reworking of grade, and related upgrades of our Powder River Basin holdings in Wyoming, and has brought the field back online. With nearly 3,400 contiguous acres in the area and several miles of access roads, the work performed now sets up the Company for longer seasonal access through winter, in turn extending future seasons of oil production and sales for our Wyoming crude reserves.
CGrowth Capital, Inc. Updates Shareholders on Licensing Process with Wildfire Cannabis Company and Provides Legal Update from Washington State
ACCESSWIRE - Tue Apr 28, 8:45AM CDT
SILVERDALE, WA / ACCESSWIRE / April 28, 2015 / CGrowth Capital, Inc. (PINKSHEETS: CGRA) (the "Company" is pleased to announce that the Washington State Liquor Control Board ("LCB" has provided Wildfire Cannabis Company, LLC (the Company's "Lessee" with its initial thumbs up on the Company owned site location and indicated that "they) may proceed with (the) location." Additionally, the Lessee has scheduled its interview with the LCB to further review the site and license on May 1, 2015. The initial information from the LCB is a positive response for the Company, knowing that the site can support the current group and additional operations. Per Washington statutes, a property can host up to three Tier 3 marijuana operations.
CGrowth Capital, Inc. Signs Letter of Intent with Tier 3 Cannabis Producer/Processor in Washington State
ACCESSWIRE - Thu Apr 23, 8:45AM CDT
SILVERDALE, WA / ACCESSWIRE / April 23, 2015 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce the execution of a Letter of Intent (LOI) with Wildfire Cannabis Company, LLC to lease a portion of our properties in Chewelah, Washington. Wildfire Cannabis Company, LLC holds a Tier 3 Producer / Processor License in Washington State.
CGrowth Capital, Inc. Announces Third Quarter 2014 Financial Results
ACCESSWIRE - Tue Nov 18, 3:00PM CST
SILVERDALE, WA / ACCESSWIRE / November 18, 2014 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" today announced financial results for the third quarter ended September 30, 2014.
CGrowth Capital, Inc. Turns the Corner on Louisiana Oil Production
ACCESSWIRE - Mon Oct 06, 7:03AM CDT
SILVERDALE, WA / ACCESSWIRE / October 6, 2014 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that it has completed the payoff of field work and well work overs performed at its Louisiana oil field during the purchase transition in April 2014 and the site is now producing positive cash flow. Account reconciliations for the month of August received from the operator, Samco Oil, resulted in a positive net cash flow. The operator indicates and expects the site to continue to produce between $15,000 and $20,000 per month in net cash flow to the Company after accounting for reoccurring monthly expenses. The Louisiana site operates year round and has been a consistent producer of oil.
CGrowth Capital, Inc. Begins Fulfillment of Steven County Sand and Gravel Contract
ACCESSWIRE - Tue Sep 30, 3:00PM CDT
SILVERDALE, WA / ACCESSWIRE / September 30, 2014 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that it has begun fulfillment of the first of three (3) contract orders for sand and gravel to Stevens County Department of Public Works. The purchase orders request the restocking of three (3) of the county's sand depots in anticipation of the winter months. The material is used in the sanding of county roads which provides for traction and helps with de-icing and anti-icing during the periods of snow and ice. The county has estimated a minimum fulfillment amount of 10,000 yards, at $3.23 per yard, but could total 15,000 yards when complete.
CGrowth Capital, Inc. Completes Processing of First Reoccurring Dolomite Order and Announces Additional 5 Year Gravel Contract with Local Purchaser
ACCESSWIRE - Mon Sep 29, 7:01AM CDT
SILVERDALE, WA / ACCESSWIRE / September 29, 2014 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that it has completed the processing of its first bulk sale dolomite order of the season. The 800 ton minimum order is the second consecutive year order with the agricultural supply broker at $54 per ton FOB for an initial contract value of $43,200. The purchase order validates the effectiveness of the product and has opened up discussions with the broker to provide a super sack product to replace their existing limestone contracts which are in excess of 10,000 tons annually. The total domestic limestone market is in excess of $1 billion annually.
CGrowth Capital, Inc. Updates Shareholders on Successful Business Development Trip
eTeligis - Mon Sep 15, 10:32AM CDT
SILVERDALE, WA, United States, via ETELIGIS INC., 09/15/2014 - - CGrowth Capital, Inc. (OTC PINK: CGRA) (PINKSHEETS: CGRA) (the "Company" is pleased to announce that its CEO has recently returned from a successful trip to New York City to meet with funding groups and to discuss dolomite contracts with companies in the agricultural market.The reason for the trip was done with the express purpose of closing relationships established with high net worth investors and for introductions to larger funding groups.As part of the meeting process, the Company was also introduced to parties interested in the dolomite reserves that the Company acquired earlier this year.