NW Tech Capital, Inc. (NWTT)

[Slojab]

We all remember Kristin Oloso.

OreOmatic Mining and NW Tech Capital Complete Joint Venture Transaction

Wilmington, Delaware Oct 26, 2022 (Issuewire.com) - Kristin Oloso, CEO of OreOmatic Mining, LLc ( ("OreOmatic" or the "Company") announced today that the Company has completed its previously announced joint venture transaction with NW Tech Capital, (OTC: NWTT) (“NWTT") to form a new joint venture company, OreOmatic Mining of Cameroon Limited (" OreOmatic Cameroon"), to jointly pursue the acquisition of forty percent (40%) ownership in Africa Mines PLC to then become a subcontractor of the $640 Million dollar China Sinosteel CAM Iron Ore project in Kribi, Cameroon set to begin extractions on January 1, 2023.

A letter of intent to purchase was sent to Africa Mines PLC owner Mr. Gabriel Dima on October 3rd,2022.

NW Tech Capital (OTC: NWTT) and Oreomatic Mining, LLC.today announced their partnership through a joint venture to bring together two leading names in metals mining to create an unrivaled force in ethical mining. This Joint Venture (JV) which was signed on the 9th of August, 2022 is a result of the desire of both companies to jointly pursue and acquire controlling interests in mining projects, particularly Lithium mining.

Mining operations commenced according to the terms of the agreement on August 9, 2022, and consisted of a combination of the companies’ respective mining operations, assets, reserves, and talent.

“The focus of this Joint Venture is on projects that can sustain and increase lithium mining and we are confident that our investment will produce substantial long-term value," said Cedric Yengo, NW Tech Capital CEO. "

This agreement represents an innovative and effective way to generate long-term value from our joint assets and represents an important step forward in expanding value creation for our shareholders. Through the joint venture, we will also continue to pursue the highest standards in safety, along with responsible and meaningful engagement with our employees, communities, and other stakeholders," he said.