SOURCE: Low Carbon Technologies International, Inc.

Low Carbon Technologies International, Inc.

November 13, 2013 12:49 ET

LCTI Low Carbon Technologies International Inc. Files Lawsuit Against Former President of Northwest Critical Minerals LLC

VANCOUVER, BC--(Marketwired - Nov 13, 2013) - LCTI Low Carbon Technologies International, Inc. (PINKSHEETS: LWCTF) (the "Company"), a diversified company focused on the Clean-tech, Construction, Energy & Energy Efficiency, Environmental, Mining and Real Estate business sectors, announced today that the company and its affiliate Northwest Critical Minerals LLC (NWCM) have filed a lawsuit in the District Court in Harris County, Texas The defendants are former President of NWCM Dale Bourassa; Northwest Analytical Inc.; Barbara Swisher and Joe Swisher of Cottonwood, Idaho (defendants).

The Company and NWCM have sued the Plaintiffs for breach of contract, fraud, defamation, civil assault, and declaratory actions. 

"The company intends to vigorously pursue all causes of action against the defendants," stated LCTI CEO Bryan Scott Jarnagin.


This news release contains forward-looking statements. These statements fall within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Such statements are not historical facts; including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results -- all forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions. Other factors may cause the Company or the industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

You should independently investigate and fully understand all risks before making investment decisions.

Contact Information