CALGARY, March 31 /CNW/ - NewNorth Projects Ltd. (NNP.TSXV) is pleased to announce that it has partnered with the Deton'Cho Corporation to create the DDC-NNP Limited Partnership. The Deton'Cho Corporation is the economic business arm of the Yellowknives Dene First Nation. This Partnership has been formed with the intent to develop, own and operate commercial, revenue producing assets on approximately 4.6 acres of prime land located in the City of Yellowknife, NT.
NewNorth Projects has had much success with its partnerships in the past and is excited by the opportunities that this partnership presents. The Deton'Cho Corporation is a strong partner and the contemplated development will further enhance NewNorth Projects' position in the Northwest Territories.
New North Projects Ltd. is an opportunity-driven integrated land and building development Corporation operating in Alberta and the Northwest Territories.
The TSX Venture Exchange does not accept responsibility for the adequacy of accuracy of this release.
SOURCE NewNorth Projects Ltd.
For further information: For further information: Mr. Greg Herndier, President and Chief Executive Officer at (403) 531-0280