Tickers: XTSX:CEA, XCNQ:CIG
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October 17th, 2019 - TheNewswire - Nanton, AB - Camarico Investment Group Ltd. (CNSX:CIG.CN) ("Company") is pleased to provide the following operational update by Camarico Land & Development Corp, a 100% owned subsidiary of Camarico Investment Group Ltd.
Camarico Construction Ltd ("CamCon") has successfully completed the first phase of heavy construction on the 75 acres of Phase I of its Georgetown Development with the stripping and placement of topsoil on adjacent lands in preparation for remedial services. The project has mandated its environmental sustainability target for topsoil re-utilization with an anticipated positive impact on the 2020 growing season.
CamCon has started the next phase of construction with the development of interior roadways, packing and snake pits for the future planting of green barriers and placement of drainage infrastructure.
Site Visitors: Camarico is proud of its Flagship Georgetown Projectand should stakeholders and interested parties wish to visit the site, they are to obtain a pre-clearance for visit through the company's head office for safety requirements. Otherwise, unscheduled visitors will not be permitted access to the site.
For further information regarding Camarico, see the Company's profile on SEDAR at www.sedar.com.
Contact information
Tel: 1-403-861-6779
Email: mloree@camarico.ca
R. Mackenzie Loree
CEO & Director
Camarico Investment Group Ltd.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this press release.
Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information contained in this news release.
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