NEWS
Bermal Contracting Ltd. (NWTT) $250,000 Flagstone Order
HENDERSON, NEVADA, Jan 18, 2011 (Marketwire via COMTEX) -- NW Tech Capital Inc. (PINK SHEETS:NWTT) (www.nwtechcapital.com) subsidiary Bermal Contracting Ltd. is pleased to announce that it is in negotiations with a commercial development company to supply it with up to $250,000 CAD worth of flagstone for its newly built condominium development.
This development company has expressed an interest in using Bermal's popular black flagstone for the interior and exterior finishing of the 16 condo units that are under construction. The company is looking to order approximately 15,000 square feet of sheet rock for this order worth up to $250,000. Bermal's black flagstone is a favorite among customers, and Bermal is the only quarry in the region to produce this color.
The development company owns and operates 6 various companies, and this deal would provide Bermal with a great opportunity to get its product out. Bermal believes that working with this development company could become an ongoing project and offer a serious growth opportunity for the company. The company expects the transaction to close shortly.
In other company news and events, NWTT will be appointing new officers, directors and board members as a result of the recent 7662491 Canada Incorporated (Canada Corp.) mining merger completion. (Announcement of Jan. 14, 2011) The company will post certain filings of this event with OTC Markets shortly.
The company confirms that other previously announced mergers are still in play.
More day to day operational updates and other news will follow shortly and on a timely basis.