NW Tech Capital, Inc. (NWTT)

[2hars]

Dude, they could have said, HOPE not, WILL not, PROBABLY not, MAYBE not...The point is that they DID!!! TOO many eyes were watching NWTT when they announced the finalization of the GOLD CLAIMS RM...NOW NWTT IS DEAD. They LIED and DIED...Why would they need additional funding if they have the $100,000,000 from the EC?...ENOUGH SAID!!!
JMO
GLTY
2hars

Post # of 42282

Full text of the filing:

NWTT Acquires New Mining Property With Historically Confirmed Findings of Platinum, Copper
and Nickel

—Filing—
Henderson, Nevada, March 18, 2011 - NW Tech Capital Inc. is
pleased to announce that it has executed an Option Agreement that grants the company 100% interest
in a prolific platinum, copper and nickel-bearing property located in McConkey Township, Ontario.

After successfully completing the negotiation process, management decided to enter into an
agreement that gives the company unrestricted rights to explore resources and reserves on what is
known as the Caribou Property. The property comprises four claims with 34 units totalling
approximately 680 hectares in McConkey Township. It covers the north and northwest portions of
Caribou Lake, NTS 41 H/16. The area is located approximately 100 kilometres north of Parry Sound and
approximately 290 kilometres north of Toronto.

The property covers a mafic intrusive complex known as the Caribou Complex that has been explored
previously for copper and nickel mineralization. Government geologists reported significant platinum
values on the property during past exploration work. The mineralization described to date in the
Caribou Lake intrusive has been comprised of disseminated pyrrhotite and pyrite with variable amounts
of chalcopyrite in norite or pyroxenite. The presence of this style of mineralization associated with large
IP anomalies has also been noted by previous workers.

The Caribou Property has an interesting history of exploration, but it hasn’t been explored adequately,
especially not with modern exploration techniques that involve Systematic Platinum Group Element
(PGE) analysis. NWTT looks forward to starting development that will allow the full potential of the
property to finally be realized.
“The company is already at a stage where we are structuring the preliminary exploration programs,”
says NWTT Vice-President Zdenko Vrba. “All modern exploration techniques are in play, and the
company will choose the exploration process that could precisely and quickly define targets for further
exploration.

“Due to further and unsolvable dissension in regards to given terms, we have decided to unilaterally
discontinue with our interest in the New Millennium gold property. Management is strong in the belief
that the company has to work for the best interests of its shareholders and focus its time and resources
on the development of properties. We have a clear understanding about its further development.

“I am happy to say that the cost of existing and further property development is not expected to have a
negative impact on the share value. The company is not in need of additional financing and we will
continue to engage to our full capacity to move forward with our plans for continued growth of
shareholder value through exploration and careful evaluation of new acquisitions.”