Grande West Transportation Group Inc.

Grande West Transportation Group Inc.

April 09, 2015 15:36 ET

Grande West Winning Tenders

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 9, 2015) - Grande West Transportation Group Inc. (TSX VENTURE:BUS) ("Grande West" or the "Company") is pleased to announce the Company has won a competitive public Tender Bid Contract for a 30' model Vicinity bus for the City of Selkirk, Manitoba, located 35 kilometers north of Winnipeg, and a repeat order from a customer in the province of Quebec for one unit.

Grande West now has a well-established and growing customer base in four provinces and continues with its aggressive growth strategy.

To assist with the Company's growth strategy, Grande West has engaged Opus 3 Consulting ("Opus 3") to provide marketing services. Opus 3 will be granted options to purchase 250,000 common shares of Grande West at $0.40 per share, subject to TSX Venture Exchange approval. The options vest in equal amounts at the rate of 25% per quarter.

Opus 3 is a Vancouver, B.C. based consulting firm which provides finance and marketing services to private and small cap companies.

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, emits less harmful emissions, has lower maintenance costs and is considerably more durable than cut-away buses which are based on a truck chassis.

In a large and unsaturated market segment, Grande West is poised to capture sales growth from both the replacement of cut-away buses and the right sizing of larger buses in transit fleets across Canada and the United States.

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 completion of the Offering and the use of proceeds from the Offering, 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.

Contact Information