Whatever happened to Con-X Construction? Envir

Whatever happened to Con-X Construction?

Enviroxtract, Inc. OTC:EVXA Expanded its Business Strategy to Enter New Markets
September 20th, 2011

EnviroXtract, Inc. has recently expanded its business strategy to enter new markets including: gold, silver, and precious metals mining, precious metals processing, agricultural, and soil enrichment applications. “EVXA” signed an Agreement with Extractive Technologies, Inc. to acquire an exclusive worldwide license for a proprietary technology that will enable the Company to efficiently extract gold, silver, and other precious metals from ore concentrates. This environmental technology is capable of capturing most hazardous chemicals, heavy metals, and toxic gases typically produced by industry standard ore processing methods. Under its current configuration, one furnace is capable of processing over 2,000 pounds of gold concentrates per day. The technology is capable of scaling to much larger capacities as required.

The company will continue to develop and assess new technologies to enhance its business model. The company was founded as a technology development company focusing on proprietary environmental remediation applications for oil spills and other toxic chemical remediation applications that require a complete separation of hazardous or toxic chemicals from contaminated soil. “EVXA” technology utilizes a coupling of electromagnetic and electrostatic energy sources in a closed vacuum environment. This emerging technology is based upon our experience with similar advanced applications. Our unique process can break even the most stubborn chemical bonds, creating a complete separation of petroleum, chemicals, and organic matter from both rock and soil.

On Sept, 14th the company announced that it has entered into an Asset Purchase Agreement to acquire the assets and business operations of Con-X Construction, Ltd., a Canadian environmental construction company based in British Columbia with affiliates in major global markets. Since 2001, Con-X has completed projects in Latin America, Saudi Arabia, Canada, and the United States, with several ‘green’ residential community projects currently underway in Canada and ongoing construction contracts in Saudi Arabia. Some of its signature commercial projects are Sheraton Hotels in Calgary and Langford, Pacific Residences in Tamarindo, Costa Rica, and commercial retail facilities for Home Depot?.

EnviroXtract has agreed to retain the current management team and staff of Con-X Construction, Ltd.

According to James Cheney, CEO of EnviroXtract, “The acquisition of Con-X Construction reinforces the commitment of Management to acquire profitable, revenue producing, environmentally focused companies that will enhance the business model of EnviroXtract while adding shareholder value. Paired with projects we see on the horizon, we believe Con-X Construction will become an integral piece in the Company’s evolving business strategy.”

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