NEWS CGrowth Capital Increases Bond Offering to £
Post# of 489
Posted On: 07/16/2016 6:41:39 AM
NEWS CGrowth Capital Increases Bond Offering to £30,000,000 to Meet Demand
Accesswire July 15, 2016
SILVERDALE, WA / ACCESSWIRE / July 15, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company"
is pleased to announce that its wholly owned subsidiary, CGrowth Capital Bond, Ltd., has amended its Bond offering in the United Kingdom to £30,000,000 British Pounds Sterling (~$40,000,000 USD) . The Company's decision to increase the Bond followed recent long term interest and commitment by third-parties to fund beyond the initial offering. Details of the amended Bond Issue 1 Series 1 v2.0 will be released shortly under http://CGrowthCapitalBond.com following required administrative procedures.
"We are extremely pleased with the results that we are seeing from the bond offering," stated Bill Wright, CEO of CGrowth Capital, Inc. "With long term commitments to fund beyond our initial target, we are now able to plan for additional growth well into 2017, evaluate new business and asset opportunities, and take advantage undervalued assets that our currently producing cash flow."
Mr. Wright continued, "We stated from the beginning that this was not a sprint, but a marathon, and we are continuing to build and push forward. We are committed to maintaining our cap structure, which has not changed in over nine-months. We are working diligently on completing audits and building our team in anticipation of uplisting. We have structured financing to be non-dilutive and put contracts in place to limit any redemption in the short term. And we are extremely excited about the progress being made on our two primary project, which we will be providing updates in the coming days and weeks."
To date, CGrowth Capital Bond Ltd. has issued bonds totaling nearly £12,000,000 British Pounds Sterling (~$16,000,000 USD) in exchange for cash and other assets. In turn, the Company's oil and gas project, held under Powder River Resources, has received funding to advance its business in Wyoming.
For more information about CGrowth Capital Bond Ltd. visit: http://CGrowthCapitalBond.com.
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. The Company continues to serve as an alternative asset management company for businesses and assets focused on all aspects of mining, minerals, exploration, and commercial real estate. The processing of metal ore mining, mineral and specialty rock extraction, as well as oil and gas production, are multi-billion dollar market opportunities which is capitalized on through processing, sales, contracting and licensing of assets. CGrowth Capital's services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold, silver, oil and gas, and dolomite to market. CGrowth Capital will focus on acquiring land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of operations. Through wholly owned subsidiaries, the Company has begun to strategically leverage real estate assets for maximum value within newly developing industries currently underway in Washington State.
For more information and updates about CGrowth Capital, visit their website or Facebook page:
http://www.CGrowthCapital.com
https://www.facebook.com/CGrowthCapital
Investor Inquiries:
CGrowth Capital, Inc.
360-536-4500
Accesswire July 15, 2016
SILVERDALE, WA / ACCESSWIRE / July 15, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company"
is pleased to announce that its wholly owned subsidiary, CGrowth Capital Bond, Ltd., has amended its Bond offering in the United Kingdom to £30,000,000 British Pounds Sterling (~$40,000,000 USD) . The Company's decision to increase the Bond followed recent long term interest and commitment by third-parties to fund beyond the initial offering. Details of the amended Bond Issue 1 Series 1 v2.0 will be released shortly under http://CGrowthCapitalBond.com following required administrative procedures. "We are extremely pleased with the results that we are seeing from the bond offering," stated Bill Wright, CEO of CGrowth Capital, Inc. "With long term commitments to fund beyond our initial target, we are now able to plan for additional growth well into 2017, evaluate new business and asset opportunities, and take advantage undervalued assets that our currently producing cash flow."
Mr. Wright continued, "We stated from the beginning that this was not a sprint, but a marathon, and we are continuing to build and push forward. We are committed to maintaining our cap structure, which has not changed in over nine-months. We are working diligently on completing audits and building our team in anticipation of uplisting. We have structured financing to be non-dilutive and put contracts in place to limit any redemption in the short term. And we are extremely excited about the progress being made on our two primary project, which we will be providing updates in the coming days and weeks."
To date, CGrowth Capital Bond Ltd. has issued bonds totaling nearly £12,000,000 British Pounds Sterling (~$16,000,000 USD) in exchange for cash and other assets. In turn, the Company's oil and gas project, held under Powder River Resources, has received funding to advance its business in Wyoming.
For more information about CGrowth Capital Bond Ltd. visit: http://CGrowthCapitalBond.com.
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. The Company continues to serve as an alternative asset management company for businesses and assets focused on all aspects of mining, minerals, exploration, and commercial real estate. The processing of metal ore mining, mineral and specialty rock extraction, as well as oil and gas production, are multi-billion dollar market opportunities which is capitalized on through processing, sales, contracting and licensing of assets. CGrowth Capital's services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold, silver, oil and gas, and dolomite to market. CGrowth Capital will focus on acquiring land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of operations. Through wholly owned subsidiaries, the Company has begun to strategically leverage real estate assets for maximum value within newly developing industries currently underway in Washington State.
For more information and updates about CGrowth Capital, visit their website or Facebook page:
http://www.CGrowthCapital.com
https://www.facebook.com/CGrowthCapital
Investor Inquiries:
CGrowth Capital, Inc.
360-536-4500
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