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CGROWTH CAPITAL INC - CGRA STOCK NEWS

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CGrowth Capital Inc. (OTC: CGRA) is a public holding company established in 1986 and began restructuring in 2009. The company shifted focus to the mining industry in 2012 to capitalize on the demand for commodities and the valuation of mineral assets. CGRA holds prospecting licenses in Tanzania for lithium exploration, aligning with the global energy transition towards green energy. The company adheres to internationally recognized mining standards, ensuring transparency and reliability in reporting. With a clear roadmap for project expansion and a commitment to value creation, CGRA presents an attractive investment opportunity.

Rhea-AI Summary
CGrowth Capital Inc. completes consolidation of mining licenses, positioning itself for mining operations in Tanzania. Anticipates receiving new consolidated license within 30 days. A more in-depth report on lithium tenements nearing completion. Demand for lithium projected to soar with potential supply depletion by 2025. CEO confident in strong business foundation and upcoming growth. Seeking acquisition opportunities.
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CGrowth Capital Inc. has successfully acquired a series of lithium tenements in Tanzania, consolidating 17 prospecting licenses and 37 primary licenses. The company has created a new mining entity and is merging the licenses into a single new mining license. The acquisition was made possible due to positive changes in Tanzania's mining policies, which have attracted new investment activity.
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CGrowth Capital Inc. (OTC: CGRA) has filed its Q1 2023 disclosure, bringing its filing obligations up to date. The company focused on restructuring and establishing necessary structures for growth. Mitchell Smith has been appointed as the new CEO, bringing diverse experience in technology, telecommunications, and sports. CGRA is excited about the future and has established multiple executive boards to oversee operations in different divisions.
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Rhea-AI Summary

CGrowth Capital (OTC: CGRA) is focused on acquiring and consolidating businesses in the sports and lifestyle sectors. Under new management, the company is laying a solid foundation for growth, with key back-office processes being established by the end of March 2023. CGRA has made its first acquisition with Savage Barbell, a leader in functional fitness apparel, and is pursuing more acquisitions, including a prominent boxing company. The company's strategy is supported by the growing viewership of combat sports, leveraging a $500 billion global sports market.

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FAQ

What is the current stock price of CGROWTH CAPITAL (CGRA)?

The current stock price of CGROWTH CAPITAL (CGRA) is $0.0018 as of September 27, 2024.

What is the market cap of CGROWTH CAPITAL (CGRA)?

The market cap of CGROWTH CAPITAL (CGRA) is approximately 1.1M.

When was CGrowth Capital Inc. established?

CGrowth Capital Inc. was established in 1986.

What industry did CGRA shift its focus to in 2012?

In 2012, CGrowth Capital Inc. shifted focus to the mining industry.

Where does CGRA hold prospecting licenses for lithium exploration?

CGrowth Capital Inc. holds prospecting licenses in Tanzania for lithium exploration.

What standards does CGRA adhere to in the mining industry?

CGrowth Capital Inc. adheres to internationally recognized mining standards, ensuring transparency and reliability in reporting.

What investment opportunity does CGRA present?

CGrowth Capital Inc. presents an attractive investment opportunity with a clear roadmap for project expansion and a commitment to value creation.

CGROWTH CAPITAL INC

OTC:CGRA

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CGRA Stock Data

1.13M
Oil & Gas E&P
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United States of America
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