TORONTO, ONTARIO--(Marketwired - March 27, 2014) - 360 VOX Corporation (TSX VENTURE:VOX) - 360 VOX Corporation ("360 VOX") announced today that it has, through its subsidiary, made additional investments in Clearpoint Resort in Cavtat, Croatia ("Clearpoint"), raising its interest in its holding company, Clearpoint Resort Limited Malta ("CRLM") to 67.73%.
Clearpoint will be a master-planned hotel, marina and recreational residential development that envisages a mix of private apartments, townhomes and luxury villas, on over 100,000 m2 in Cavtat, Croatia, near Dubrovnik. CRLM has identified and acquired certain lands in respect of the project.
The additional investment made via two tranches of EUR75,000 and EUR250,000 was made to satisfy certain working capital obligations.
On Behalf of the Board of Directors
Robin Conners, President and CEO
About 360 VOX: 360 VOX is a publicly traded company, incorporated under the laws of Ontario and listed on the TSX Venture Exchange under the symbol "VOX". 360 VOX is engaged in the business of managing and developing international hotel, resort, residential and commercial real estate projects through its wholly-owned subsidiaries. 360 VOX is also engaged in the sales and marketing of real estate through Sotheby's International Realty Canada and Blueprint Global Marketing.
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