PURT nice news.
Purthanol Resources Ltd secures Biocardel Quebec to start sales of Biodiesel and acquisition of Biocardel SM Assets
Source: Access Wire
Wilmington, DE and Ottawa, ON / ACCESSWIRE / January 8, 2015 / Purthanol Resources Ltd (OTC: PURT) is pleased to announce the acquisition of Biocardel SM assets for stock of the company.
The assets represent 3 million dollars of equipment that will allow Purthanol Resources Ltd to crush either the sorghum and/or the seeds to create the ethanol or biodiesel necessary to become productive. This purchase will allow the company to increase its asset value.
Purthanol has secured a purchase of raw material in the range of 1.4 million to 1.6 million liters annually. It has been already 90 days that the purchaser has been using B100 or 100% pure biodiesel.
The president of Biocardel Quebec Inc, is very excited with the results of the B100, "we have a state of the art facility and sales."
About Purthanol Resources Ltd
Purthanol is a publicly traded company dedicated to investigating and developing its orientation to focus on green-technology fuel production with its acquisition of the Purthanol process for the ethanol product and Biocardel for the Biodiesel. Please visit www.purthanol.com for more information.
CAUTIONARY STATEMENT
Other than statements of historical fact, included herein, all statements are forward-looking and involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results may differ materially from Purthanol expectations and filings made with the securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements. No stock exchange, securities commission or other regulatory authority has approved or disapproved this information.
Contact:
Mr. Louis Pharand, President
Purthanol Resources Ltd
Tel: 302 288 0658
SOURCE: Purthanol Resources Ltd
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