CGrowth Capital Inc (CGRA)

[resx18]

CGrowth Capital, Inc. is pleased to offer an update to its shareholders on a significant operational development as the company has now completed the consolidation of its mining licenses as it transitions towards preparing for mining operations. Having previously purchased rights to 17 prospecting licenses and 37 primary licenses through negotiations with 54 individual mining owners over an expansive 435 square kilometer area, the company has now officially merged these licenses into one comprehensive mining license and site to be called the Nkole-Hombolo Lithium project. The company anticipates receiving the new consolidated license from the Ministry for Energy and Minerals of Tanzania in the next 30 days and could be as soon as the end of September.