SCOTTSDALE, Arizona, March 6, 2014 /PRNewswire/ --
Intertech Solutions Inc. (OTC: ITEC) ("Intertech Solutions Inc.," "ITEC" or the "Company") is very pleased to announce the launch of its new website: http://www.itecgold.com which showcases us as a public company making direct investments in producing gold properties. Visitors to our new website will be able to readily obtain information about ITEC and its projects. The new website allows you to sign up and automatically receive current breaking news when available on the Company.
Intertech Solutions is a fully integrated, project finance management and services consulting Company, which provides development capital, engineering, project supervision and technical management to a variety of gold projects.
Intertech Solutions is a gold project "micro finance" and management company that has developed a business model of supplying the capital and specific management and engineering skills to small, undercapitalized and struggling gold mine operations. The Company's business model is to identify and acquire gold projects whose mineral rights owners do not have the capacity to finance the development and expansion of their gold claims by means of typical bank financings. Intertech Solutions will provide the management and technical expertise to allow implementation of their development and operational plans. The many placer and alluvial gold claims across the United States are mostly owned and operated by small scale miners, who stand to benefit greatly from the funding and expertise provided by Intertech Solutions.
By providing the funding for capital intensive infrastructure purchases such as gold processing equipment, Intertech Solutions will receive rapid payback of its investment, through gold production sharing agreements and future overriding royalties from gold sales after full payout of the initial investment.
Intertech Solutions goal over the next 24 months is to acquire several gold projects and execute "gold streaming agreements" with them. Intertech Solutions will announce shortly the details of its first acquisition, "gold streaming agreement" and the revenue generating potential that it provides.
About Intertech Solutions Inc. (OTCPK: ITEC)
Intertech Solutions is a fully integrated, gold project finance, management and services consulting Company that provides development capital, engineering, project supervision and technical management to gold projects. The Company operates from its offices in Scottsdale, Arizona. Visit us at: http://www.itecgold.com or http://www.intertechsolutionsinc.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, scope and type of consulting services provided by ITEC, use of proceeds, future acquisitions, success of projects, growth and strategic plans. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Intertech Solutions Inc.
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SOURCE Intertech Solutions Inc.