Wamco Technology Group Ltd.

July 29, 2015 12:42 ET

Wamco Announces Termination of Letter of Intent

TORONTO, ONTARIO--(Marketwired - July 29, 2015) - Wamco Technology Group Ltd. (the "Company") announces that further to its press release of August 7, 2014, the letter of intent between Vertichem Corporation and the Company to complete a business combination has been terminated.

This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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