SILVERDALE, Wash., Dec. 4, 2012 /PRNewswire/ -- CGrowth Capital, Inc. (Pink Sheets: CGRA) is pleased to announce that Jason Otteson of Noble Mining, Inc. has completed his site visit and due diligence of the Company's Processing Facility partner in Dayton, Nevada.
The Company recently finalized its non-binding letter of intent for the partial acquisition and Joint Venture with its Processing Facility and its intent to begin processing ore. The Company believes that the partnership with the Processing Facility will be a key component to its success in turning raw ore into precious metals – an important piece of the puzzle that many mining operations fail to execute on. The Noble Mining site visit was an important benchmark in moving the relationship forward with a goal towards funding.
"We are pleased with Mr. Otteson's visit to the processing facility," Stated Bill Wright, CEO of CGrowth Capital, Inc. "It shows his commitment to the Company and our business concepts. We were also pleased, but not surprised, by Mr. Otteson's positive feedback regarding the Dayton facility. We could not be happier with the progress being made on our business plan and the site visit was an important part of moving the business forward."
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 continues to air on Fridays on the Discovery Channel. Discovery's Gold Rush is one of the top shows on TV.
"We enjoyed visiting the Processing Facility and seeing first hand where CGrowth Capital is going," stated Jason Otteson, CEO of Noble Mining, Inc. "We were very impressed with what the team has put together and the long term commitment to implementing the business plan. The Dayton facility is top notch. We look forward to continuing with our due diligence and completing additional visits at other locations for CGrowth Capital."
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.
CGrowth Capital, Inc.
About Noble Mining, Inc.:
Noble Mining is a catalyst to the mining industry and helps navigate and explore promising investment opportunities in the precious metals industry. Precious metals are essential tools for wealth preservation. These tools, once held in low regard have once again taken on a prominent role in planning 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.