Cgrowth Capital Inc (CGRA) 0.0149 $CGRA CGrowth
Post# of 273254
CGrowth Capital Post Record Financial Results for 2nd Quarter 2016
ACCESSWIRE - Mon Aug 15, 10:31AM CDT
SILVERDALE, WA / ACCESSWIRE / August 15, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce today its record financial results for the Quarter ended June 30, 2016. For the 2nd Quarter ended June 30, 2016, the Company's consolidated net income topped $1,750,000 - marking the Company's largest ever quarterly gain to date - and pushes total assets to nearly $22,000,000.
CGrowth Capital Expands on Manufacturing Facility
ACCESSWIRE - Tue Aug 02, 9:01AM CDT
SILVERDALE, WA / ACCESSWIRE / August 2, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to update investors on progress at its cannabis manufacturing facility. The Company first initiated an aggressive expansion for its tenant, Wildfire Cannabis Company, by creating a 50,000 sq. ft. outdoor growing space which is estimated to result in 25,000 sq. ft. of cannabis canopy (photos may be found on the Company's Facebook page). Concurrently, the parties have entered into Phase II of development and are increasing the indoor grow to 210 lights in an effort to maximize year-round opportunity and increasing future lease revenues for the Company.
CGrowth Capital Engages Auditor and Prepares for Uplist to Higher Exchange
ACCESSWIRE - Tue May 24, 8:45AM CDT
SILVERDALE, WA / ACCESSWIRE / May 24, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that they have engaged the services of BF Borgers CPA PC, an approved PCAOB audit firm located in Lakewood, Colorado. The engagement covers the Company's financial statements for the years ended December 31, 2015 and 2014, as well as the review of each of the quarters in the year ended December 31, 2016.
CGrowth Capital is Wild for Wildfire's Cannabis License
ACCESSWIRE - Wed May 18, 11:42AM CDT
SILVERDALE, WA / ACCESSWIRE / May 18, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that Wildfire Cannabis Company ("Wildfire", the Company's Tier 3 cannabis producing tenant, has successfully passed their Final Inspection with the Washington State Liquor Cannabis Board ("LCB". With this milestone, Wildfire will now move to finalize Phase I of the development and begin plant production in the days to come. The status change means revenues are imminent for the Company, who will concurrently begin Phase II of the buildout and production with Wildfire to include additional outdoor grow operations.
CGrowth Capital Releases Corporate Update for April 2016
ACCESSWIRE - Thu Apr 28, 9:15AM CDT
SILVERDALE, WA / ACCESSWIRE / April 28, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to update shareholders on the progress of its corporate initiatives and projects. Having recently received its initial subscriptions from its wholly owned subsidiary, CGrowth Capital Bond, Ltd., via the £15,000,000.00 British Pounds Sterling ("GBP" bond offering, the Company has been undergoing changes and taking the necessary steps to properly deploy its capital.
CGrowth Capital Releases Financial Overview on Annual Report
ACCESSWIRE - Fri Apr 15, 9:00AM CDT
SILVERDALE, WA / ACCESSWIRE / April 15, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to release a financial overview from its annual report filed with OTC Markets on April 14, 2016.
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.