SILVERDALE, Wash., Oct. 26, 2012 /PRNewswire/ -- CGrowth Capital, Inc. (Pink Sheets: CGRA) is pleased to announce that Jason Otteson and Noble Mining, Inc. have joined the Company as a corporate advisor and investor.
The Company recently announced its transition into the mining and precious metals industry. The addition of Noble Mining, and the insight and contacts of Noble Mining's Jason Otteson, is a big step forward in growing the business and executing on its business plan.
"We are extremely pleased with this addition to our team," stated Bill Wright, CEO of CGrowth Capital, Inc. "We met several times with Noble Mining to make sure it was a good fit for both parties. Jason Otteson and the Noble Mining team are quality people with good business sense. We could not be happier about the outcome and believe the relationship will play a big part in accelerating our business plan and building shareholder value."
Jason Otteson, who has been featured on Discovery Channel's hit show Gold Rush for two seasons is the founder of Noble Mining, Inc. The 3rd Season of Gold Rush airs on Friday, October, 26th at 7:00 CST. Discovery's Gold Rush is one of the top shows on TV.
Mr. Otteson has over 22 years of entrepreneurial experience and a proven track record of growing small startups into profitable, multi-million dollar entities. Prior to Noble Mining, Mr. Otteson was a leader of a large precious metals investment firm. Previously, Mr. Otteson was the CEO of Sportan United Industries, Inc., where he led the firm through an IPO, and a successful acquisition. Mr. Otteson believes that the precious metals industry is more than another business; he sees it as a stable harbor for himself, family, friends and clients in this current economic storm.
"I agree with Bill Wright's statement," stated Jason Otteson, CEO of Noble Mining, Inc. "We were very deliberate about our choice in working with CGrowth Capital. We met with their team and they proved to be knowledgeable, competent, and a tireless group determined to prove success in this industry. Their core values seem aligned with those of Noble Mining."
Mr. Otteson went on to say, "Not only have we agreed to engage in an advisory capacity, but we felt strong enough about CGrowth Capital's business plan that we have purchased stock and become investors in the Company as well. We believe that we can be a key component in assisting and advising the Company towards the necessary funding required and the successful execution of its business objectives."
For more information about CGrowth Capital, visit their website: http://www.CGrowthCapital.com
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. serves as a holding company for businesses and assets focused on all aspects of mining. The processing of metal ore mining is a multi-billion dollar market opportunity which is capitalized 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 and silver 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.
Investor Inquiries: CGrowth Capital, Inc. 888-218-2472
About Noble Mining, Inc.:
Noble Mining is a catalyst to the mining industry and helps navigate and explore promising opportunities in the world of precious metals, also known as bullion. Precious metals and bullion are essential tools for wealth preservation. These tools, once held in low regard have once again taken the role of a practical position in the plan for diversification. However, just like any tool, without the right understanding and training the opportunity could be dangerous. There are companies selling gold. There are mining companies with traded stocks. There are prospecting companies offering maps and equipment. One thing is missing: A TRUSTED EXPERT. Noble Mining's Jason Otteson is your trusted expert.
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.
SOURCE CGrowth Capital, Inc.