American Paramount Gold Corp. Executes a Memorandum of Agreement to Acquire 100% of Glacier Blue Technologies Inc.
VANCOUVER, BC - (NewMediaWire) - October 09, 2015 - American Paramount Gold Corp. ("American Paramount") (OTC Pink: APGA) announced today the execution of a Memorandum of Agreement (MOA) with Glacier Blue Technologies Inc. (“Glacier Blue”) to acquire 100% of the issued and outstanding shares of Glacier Blue in a share for share exchange.
Glacier Blue is a privately Incorporated British Columbia company that is in negotiations to acquire exclusive worldwide rights to market and distribute patent pending technologies in the Green-House Growing Sector.
The parties are targeting October 15, 2015 as the date to execute a definitive agreement.
About American Paramount
American Paramount is seeking acquisitions that are “Environmentally Friendly” and is currently in ongoing negotiations with a number of established and start-up companies in this field that specialize in clean water and organic bio-cycling.
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, the development, costs and results of our exploration program at our properties and any anticipated future production. 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 mining 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.
American Paramount Gold Corp.