SCOTTSDALE, Ariz., August 26, 2014 /PRNewswire/ -- Intertech Solutions Inc. (OTCPK: ITEC) ("Intertech Solutions Inc." ITEC or the "Company") today is very pleased to announce the appointment of Cary Charles Davis to ITEC's management team as the VP of Project Financing. Cary Davis will be responsible for securing additional sources of capital to finance ITEC's expanding portfolio of gold streaming projects along with managing investor relations and all areas of compliance.
The unique and specialized skill set and experience of Mr. Davis will both compliment and form a synergy to greatly further ITEC's corporate business model within the gold mining sector. 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.
Mr. Davis attended Eastern Washington University and University of Nevada Las Vegas majoring in business and psychology. Mr. Davis is a thirty-year veteran of venture capital industry. He has worked with companies such as Sun Micro Systems and Oracle in providing start-up capital for new ventures.
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, and are lacking the management and technical expertise to implement their development and operational plans and ideas. The many placer and alluvial gold claims across the United States are mostly owned and operated by small scale operators, who will be greatly benefited by this association with Intertech Solutions.
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: www.Intertechsolutionsinc.com or www.itecgold.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.
Robert McIntosh, President
To find out more about Intertech Solutions Inc. (OTCPK: ITEC), visit our website at www.Intertechsolutionsinc.com
SOURCE Intertech Solutions Inc.