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or Name
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Maxtech Ventures Inc (2)
Symbol MVT
Shares Issued 33,649,002
Close 2014-07-23 C$ 0.45
Market Cap C$ 15,142,051
Recent Sedar Documents

ORIGINAL: Maxtech closes acquisition of 75% interest in Parkplace

2014-08-28 10:09 ET - News Release

Received by email:

File: NR.MCNIE ACQUISITION.AUG.2014.docx


 CSE - MVT
 FRANKFURT - M1N

8338-120th Street, Surrey, British Columbia, V3W 3N4 Tel: 604-592-6881   Fax: 604-592-6882
      


MAXTECH ACQUIRES PROPERTY IN SACRAMENTO


Surrey, British Columbia, August 28, 2014 - Maxtech Ventures Inc. (TSX.V - MVT / Frankfurt: O3X) announces that its wh
--->olly owned Nevada subsidiary, Can-Ameri Agri Co. (formerly Maxtech Holdings Corp., ("Can-Ameri") has completed an acqu
--->isition of a 75% interest in Parkplace Equity Investment Group, LLC, a  California Limited Liability Company ("Parkpla
--->ce") for the sum of One Dollar.  

Parkplace  acquired  three (3) parcels of land comprising 2.41 acres in the historic town of Old Florin, Sacramento Ca
--->lifornia on August 8, 2014 for the price of USD$166,880.  Can-Ameri paid USD$125,160 for its 75% interest.  The other 
--->25% holder of Parkplace is a local realtor and a real estate developer.  Parkplace intends to build houses on this pro
--->perty and sell them.
 
ON BEHALF OF THE BOARD


"Lucky Janda"
Lucky Janda
CEO


This release may include certain statements that may be deemed to be "forward-looking statements" within the meaning o
--->f the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of 
--->historical facts, that address future production, reserve potential, exploration and development activities and events
---> or developments that the Company expects, are forward looking statements. Although management believes the expectatio
--->ns expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantee
--->s of future performance, and actual results or developments may differ materially from those in the forward-looking st
--->atements. Factors that could cause actual results to differ materially from those in forward-looking statements includ
--->e market prices, exploration and development successes, continued availability of capital and financing, and general e
--->conomic, market or business conditions.  Please see our public filings at www.sedar.com for further information.

Neither the TSX Venture Exchange or the Canadian National Exchange or their respective Regulation Services Providers (
--->as that term is defined in the policies of the applicable securities regulations) accepts responsibility for the adequ
--->acy or accuracy of this release.



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