SOURCE: CGrowth Capital, Inc.

September 15, 2014 08:15 ET

CGrowth Capital, Inc. Updates Shareholders on Successful Business Development Trip

SILVERDALE, WA--(Marketwired - Sep 15, 2014) - CGrowth Capital, Inc. (PINKSHEETS: CGRA) (the "Company") is pleased to announce that its CEO has recently returned from a successful trip to New York City to meet with funding groups and to discuss dolomite contracts with companies in the agricultural market. The reason for the trip was done with the express purpose of closing relationships established with high net worth investors and for introductions to larger funding groups. As part of the meeting process, the Company was also introduced to parties interested in the dolomite reserves that the Company acquired earlier this year.

"We have worked very hard over the summer to execute on several initiatives and this recent trip is the culmination of those efforts," stated Bill Wright, CEO of CGrowth Capital, Inc. "After closing on several oil and gas assets, and our prized dolomite reserve earlier in the spring, there was a mountain of work to put those assets into motion and begin presenting to individuals and funds with an interest in those spaces. All of that work is now starting to bear fruit."

Mr. Wright continued, "One of the strategies with our dolomite reserve has been to explore large block asset sales and joint ventures with companies in the agricultural space -- which includes companies exploring entry and/or expansion into the emerging cannabis market. We have engaged in discussions with four such groups over the past few months and believe it is just a matter of time before we strike the right deal. In the meantime, we continue to process and sell to currently established agricultural groups and will look to expand that operation and market as we close on funding."

For more information about CGrowth Capital, visit their website:

About CGrowth Capital, Inc.:

CGrowth Capital, Inc. serves as a holding company for businesses and assets focused on all aspects of mining, minerals, and exploration. 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, dolominte, and terrazzo to market. CGrowth Capital will focus on acquiring or "claiming" land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of mining operations. 

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties. The Company disclaims any obligation to update or revise any forward-looking statements.

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