American Paramount Gold Corp., through its wholly-owned subsidiary, Glacier Blue Technologies Inc. executes a Memorandum of Agreement to Acquire Exclusive World-Wide Marketing and Distribution Rights
Nevada, USA - (NewMediaWire) - October 20, 2015 - American Paramount Gold Corp. ("American Paramount") (OTC: APGA) announced today the execution of a Memorandum of Agreement (MOA) between its wholly-owned subsidiary, Glacier Blue Technologies Inc. (“Glacier Blue”) and Vapor Greenhouse Technologies Ltd. (“Vapor Greenhouse”) a private company of British Columbia, Canada, to acquire from Vapor Green, the exclusive world-wide rights to market and distribute proprietary dehumidification and purification equipment for the use in greenhouse growing.
Dennis Petke, President of American Paramount stated: “The acquisition of marketing and distribution rights from Vapor Greenhouse is the first of a number of acquisitions that are being aggressively pursued by Glacier Blue. The global greenhouse growing industry is expanding at an exponential rate due to water shortages and climate change. The Vapor Green technology will play a significant role by providing a one-fit solution to purification, dehumidification, heat, cooling and water supply”.
About American Paramount
American Paramount is seeking acquisitions which are "Environmentally Friendly" and is currently in ongoing negotiations with a number of established and start-up companies in this field who specialize in clean water and organic bio-cycling
Contact: American Paramount
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.
SOURCE American Paramount Gold Corp.