Grande West Transportation Group Inc.
TSX VENTURE : BUS

Grande West Transportation Group Inc.

January 20, 2016 11:15 ET

Grande West Announces New Orders

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 20, 2016) - Grande West Transportation Group Inc. (TSX VENTURE:BUS) ("Grande West" or the "Company") is pleased to announce new purchase orders to supply 6 Vicinity buses. The new sales include repeat orders from existing customers for 3 of the buses while the other 3 buses were purchased by Canmore, Alberta and Cape Breton Transit.

William Trainer CEO stated "Grande West is seeing increased demand for mid-sized buses with many new tenders coming out this year. The demand is not only from the Canadian Transit Authorities, but also through our US distributor, Alliance Bus Group. Grande West recently received a shipment of 10 new buses in December that are currently being prepped for delivery this month. Calendar 2016 is shaping up to be our best year with 70 buses planned for manufacturing currently and its only January."

Grande West also announces the hiring of Dan Courtney, Director of Investor Relations. Dan has been managing Investor Relations for publicly traded companies for over 10 years. Grande West has granted options, subject to TSX approval, to Mr. Courtney entitling him to purchase an aggregate of 250,000 common shares of the Company, pursuant to the Company's Share Option Plan approved by the shareholders. Each option entitles the holder thereof to purchase one common share at a price of $0.41 per share for a period of two years subject to vesting restrictions over a period of twelve months.

About Grande West Transportation Group

Grande West is a Canadian bus manufacturer who designed, engineered and manufactures Vicinity buses. With little competition in the "mid-size" bus range, Grande West has set itself apart from others with the Vicinity bus - a heavy duty mid-size, true community transit bus now in operation in many municipalities across Canada.

The Vicinity is designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. It is a Smart Choice for Right Sizing your transit fleet.

Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from Grande West's expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

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