top of page

NEWS

PURTHANOL CONCLUDES INVESTMENT DEAL WITH DORAX INVESTMENT COMPANY LIMITED


Wilmington-Delaware-USA and Ottawa Ontario – March 30st 2014 Purthanol Resources Ltd (PURT) is pleased to announce that it has concluded the negotiations with Dorax Investment Company Ltd to finance sixty (60) ethanol modules for a total investment of $39 Million dollars. The first module will arrive in Richmond Quebec at the Biocardel site between April and May 2014. This first installation will be considered “a first in kind” window of technology in Canada. This will demonstrate the uniqueness of the Purthanol Process. The Purthanol Process is distinct in its ability to increase the production quantity of ethanol from the sorghum plant.

Thirty (30) days later nine (9) additional modules will be installed in various locations in Quebec as an industrial prototype platform, both levels of Government are aware of Purthanol’s and Biocardel ambitious project.

The realization of this project and investment in Purthanol goes to the merit of Crimson Capital, a boutique style financial facilitator. Purthanol is one step closer to producing a minimum of 15 Million liters of ethanol and 40 million liters of Biodiesel in Quebec, this will make us a unique Biofuel Company said Mr Rene Delarue, President of Biocardel Quebec, a subsidiary of Purthanol Resources Ltd.

About Purthanol Resources Ltd Purthanol is a publicly traded company dedicated to investigating and developing green - technology fuel products. The production technology is based on the acquisition of the Purthanol Process for the ethanol product and Biocardel for the Biodiesel

CAUTIONARY STATEMENT

Other than statements of historical fact, included herein, all statements are forward-looking and involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results may differ materially from Purthanol expectations and filings made with the securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements. No stock exchange, securities commission or other regulatory authority has approved or disapproved this information.

Featured News
Recent News
Archive
Follow Us
  • Facebook Clean Gris
  • Gris propre Twitter
  • Pinterest Clean Gris

© 2013 by Purethanol Ressources LTD

 

bottom of page