Purthanol Resources Ltd secures Biocardel Quebec to start sales of Biodiesel and acquisition of Biocardel SM Assets
08 Janeiro 2015 - 12:15PM
Access Wire
Wilmington, DE and Ottawa, ON / ACCESSWIRE / January 8,
2015 / Purthanol Resources Ltd (OTC: PURT) is pleased to
announce the acquisition of Biocardel SM assets for stock of the
company.
The assets represent 3 million dollars of equipment that will
allow Purthanol Resources Ltd to crush either the sorghum and/or
the seeds to create the ethanol or biodiesel necessary to become
productive. This purchase will allow the company to increase its
asset value.
Purthanol has secured a purchase of raw material in the range of
1.4 million to 1.6 million liters annually. It has been already 90
days that the purchaser has been using B100 or 100% pure
biodiesel.
The president of Biocardel Quebec Inc, is very excited with the
results of the B100, "we have a state of the art facility and
sales."
About Purthanol Resources Ltd
Purthanol is a publicly traded company dedicated to
investigating and developing its orientation to focus on
green-technology fuel production with its acquisition of the
Purthanol process for the ethanol product and Biocardel for the
Biodiesel. Please visit www.purthanol.com for more information.
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.
Contact:
Mr. Louis Pharand, President
Purthanol Resources Ltd
Tel: 302 288 0658
SOURCE: Purthanol Resources Ltd
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