win a free ounce of silver being periodically given away by the Company.
CGRA.(PC)-- LOW FLOAT-- NEWS HIGHLIGHTS
CGrowth Capital, Inc. Initiates Share Reduction Plan
Therefore in 2013 the Company will be implementing a stock retirement and lockup plan with the goal of reducing our outstanding shares and reducing our float. In the meantime, we will begin execution of our joint venture agreement with MRJ Resources, which allows us to remove and process up to 170,000 tons of surface head ore from our partner mine in Eastern Washington. Preliminary third party assay reports on samples of this material have shown an average of 24 ounces of silver and 0.5 ounces of gold per ton of raw ore. Assuming these assays are representative of the whole, the recovery rate looks very promising.
The company has set its sights on up listing to a higher OTC market level as our operations permit. We will also seek the benefits of dual listing on exchanges more suited to mining operations. It is our hopes that we will be able to begin this process during the 4th quarter of 2013
CGrowth Capital, Inc. (Pink Sheets: CGRA) is pleased to announce that Jason Otteson and Noble Mining, Inc. have joined the Company as a corporate advisor and investor.
The Company recently announced its transition into the mining and precious metals industry. The addition of Noble Mining, and the insight and contacts of Noble Mining's Jason Otteson, is a big step forward in growing the business and executing on its business plan.
"We are extremely pleased with this addition to our team," stated Bill Wright, CEO of CGrowth Capital, Inc. "We met several times with Noble Mining to make sure it was a good fit for both parties. Jason Otteson and the Noble Mining team are quality people with good business sense. We could not be happier about the outcome and believe the relationship will play a big part in accelerating our business plan and building shareholder value."
Jason Otteson, who has been featured on Discovery Channel's hit show Gold Rush for two seasons is the founder of Noble Mining, Inc. The 3rd Season of Gold Rush airs on Friday, October, 26th at 7:00 CST. Discovery's Gold Rush is one of the top shows on TV. Investors might also be interested in signing up to win a free ounce of silver being periodically given away by the Company. Register your name and email on their website under the Investors Section, or follow this link: GetSilver
BRAND NEW MILL READY TO CHEW!
Cash-Flow Positive in less than Two Q's
