Maple Leaf Green World Inc. Has Appointed Green Castle Environmental Ltd. as the Project Manager for Its Zero-Emission Affordable Housing Project in The Alberta Palliser Region
Maple Leaf Green World (CSE: MGW, OTC: MGWFF) has entered a Joint Venture Agreement with Green Castle Environmental to develop an affordable housing project in Alberta's Palliser Region. Green Castle, appointed as Project Manager, will contribute services and construction expertise while Maple Leaf provides capital. The project aims to address the region's serious housing shortage, particularly as various industries establish operations there. Green Castle, a licensed builder since 2022, is currently building a HE-RTM facility in Oyen, Alberta for prefabricated housing production. Their first task will be setting up a capital budget and locating sites for show homes.
Maple Leaf Green World (CSE: MGW, OTC: MGWFF) ha stipulato un Accordo di Joint Venture con Green Castle Environmental per sviluppare un progetto di edilizia abitativa economica nella regione Palliser dell'Alberta. Green Castle, nominata come Project Manager, contribuirà con servizi e competenze nel settore delle costruzioni, mentre Maple Leaf fornirà il capitale. L'obiettivo del progetto è affrontare la grave carenza di abitazioni nella regione, soprattutto perché diverse industrie stanno avviando le loro operazioni qui. Green Castle, costruttore autorizzato dal 2022, sta attualmente costruendo una struttura HE-RTM a Oyen, Alberta, per la produzione di abitazioni prefabbricate. Il loro primo compito sarà impostare un budget capitale e individuare siti per le case campione.
Maple Leaf Green World (CSE: MGW, OTC: MGWFF) ha firmado un Acuerdo de Joint Venture con Green Castle Environmental para desarrollar un proyecto de vivienda asequible en la región Palliser de Alberta. Green Castle, designada como Gerente del Proyecto, contribuirá con servicios y experiencia en construcción, mientras que Maple Leaf proporcionará capital. El proyecto tiene como objetivo abordar la grave escasez de vivienda en la región, especialmente a medida que diferentes industrias establecen operaciones allí. Green Castle, constructor autorizado desde 2022, está construyendo actualmente una instalación HE-RTM en Oyen, Alberta, para la producción de viviendas prefabricadas. Su primera tarea será establecer un presupuesto de capital y localizar sitios para casas expositoras.
메이플 리프 그린 월드 (CSE: MGW, OTC: MGWFF)는 그린 캐슬 환경과 합작 투자 계약을 체결하여 앨버타의 팰리저 지역에서 저렴한 주택 프로젝트를 개발하고 있습니다. 프로젝트 매니저로 임명된 그린 캐슬은 서비스와 건설 전문 지식을 제공하며, 메이플 리프는 자본을 지원합니다. 이 프로젝트는 다양한 산업이 해당 지역에 운영을 시작함에 따라 심각한 주택 부족 문제를 해결하는 것을 목표로 하고 있습니다. 2022년부터 면허를 소지한 그린 캐슬은 현재 앨버타 오옌에서 조립식 주택 생산을 위한 HE-RTM 시설을 건설 중입니다. 그들의 첫 번째 작업은 자본 예산을 설정하고 모델 주택을 위한 부지를 찾는 것입니다.
Maple Leaf Green World (CSE: MGW, OTC: MGWFF) a signé un accord de coentreprise avec Green Castle Environmental pour développer un projet de logement abordable dans la région de Palliser en Alberta. Green Castle, désigné comme gestionnaire de projet, contribuera avec des services et une expertise en construction, tandis que Maple Leaf fournira le capital. Le projet vise à résoudre la grave pénurie de logements dans la région, en particulier alors que diverses industries y établissent leurs opérations. Green Castle, constructeur agréé depuis 2022, construit actuellement une installation HE-RTM à Oyen, Alberta, pour la production de logements préfabriqués. Leur première tâche sera de mettre en place un budget d'investissement et de localiser des sites pour des maisons témoins.
Maple Leaf Green World (CSE: MGW, OTC: MGWFF) hat eine Joint-Venture-Vereinbarung mit Green Castle Environmental unterzeichnet, um ein Projekt für bezahlbaren Wohnraum in der Palliser-Region in Alberta zu entwickeln. Green Castle, das als Projektmanager bestellt wurde, wird Dienstleistungen und Baukompetenz beisteuern, während Maple Leaf das Kapital zur Verfügung stellt. Das Projekt hat zum Ziel, das ernste Wohnungsproblem in der Region anzugehen, insbesondere da verschiedene Branchen dort ihre Betriebe aufnehmen. Green Castle, seit 2022 als Bauunternehmen lizenziert, baut derzeit eine HE-RTM-Anlage in Oyen, Alberta, zur Produktion von Fertighäusern. Ihre erste Aufgabe wird es sein, ein Kapitalbudget aufzustellen und Standorte für Musterhäuser zu finden.
- Strategic partnership to address housing shortage in growing industrial region
- Company secures experienced partner with over 25 years of construction experience
- Project aims to generate profit sharing between parties
- Significant capital investment required from Maple Leaf
- Project still in early planning stages without concrete timeline
- No specific financial terms or profit-sharing percentages disclosed
Calgary, Alberta--(Newsfile Corp. - November 6, 2024) - Maple Leaf Green World Inc. (CSE: MGW) (OTC Pink: MGWFF) ("Maple Leaf" or the "Company"), is pleased to announce it has signed a Joint Venture Agreement ("The JV") with Green Castle Environmental Ltd. ("Green Castle") of Carbon, Alberta to develop the Green Housing Project ("The project") in the Palliser Region of Alberta. Green Castle will be appointed as the Project Manager.
The housing shortage problem in the Palliser Region is serious especially when various industries are planning to establish operational bases in the Region, they need affordable housing for their employees. Maple Leaf is taking the initiative to provide affordable and energy efficient housing in the Region with the assistance of Green Castle.
Under the JV Agreement, Maple Leaf will contribute all the deemed necessary capital and Green Castle will contribute its service, skill, labor and construction expertise for this Project. The net profit of this Project will be split in certain agreed percentage between the parties.
Green Castle has been building commercial, residential and agricultural buildings in Alberta and B.C. since 1996. It has been a licensed builder since August 2022. It is also in the process of building a HE-RTM facility in Oyen, Alberta to facilitate the production of perfricated and Ready To Move (RTM) affordable houses.
In addition, Green Castle has also involved in assisting renowned Canadian Artist; Dean Bauche, to create a series of woven copper sculptures that were featured in an art exhibit at the Chapel Gallery in North Battleford, Saskatchewan, and involved in building solar projects in Diamond Valley, Alberta and Surrey B.C. as well.
"I am excited to joint hand with Maple Leaf to build energy efficient affordable houses in the Palliser Region as the demand for housing has increased significantly due to the invigoration of the Region's economy. "Said Bryce Brodie, the President of Green Castle Environmental Ltd.
Green Castle's first task will be to set up a capital budget and to locate suitable sites for building one or two show homes in the Palliser Region with the collaboration of the town officials in the Palliser Region.
For further information and updates regarding the Company, please visit https://www.mlgreenworld.com/.
About Maple Leaf Green World Inc.
Maple Leaf is focused on green and environmentally friendly business, It aims to contribute to a greener and more sustainable future.
Please contact:
Raymond Lai, Chairman, President & CEO
Email: rlai@mlgreenworld.com;
Tel: (403) 907-3715
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229036
FAQ
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