/NOT FOR DISTRIBUTION IN THE UNITED STATES/
MONTREAL, June 22, 2017 /CNW Telbec/ - LGC Capital Ltd. (TSXV: QBA) ("LGC") is pleased to provide an update on its import / export Joint Venture partner, GTC Corporation. The shipments of equipment and industrial parts are now en route to Mariel Cuba. This is in accordance to the agreement announced on April, 24th 2017.
"As per our Shareholder Update issued yesterday, LGC's investments in companies that are focused on doing business with Cuba continue to do so without interference," John McMullen, CEO of LGC Capital stated. "We are very pleased with the ongoing growth and achievements with the team at GTC Corporation and will support their continued success with their Cuban partners."
About LGC Capital
LGC Capital has significant investments and joint ventures in international companies with Cuban ties that are well positioned to grow with the Cuban economy. Sectors include the following: Oil and Gas, Sports Management, Consulting, Travel & Tourism, Events, TV & Film Production, Agricultural, Renewable Energy and Import & Export.
Caution Regarding Press Releases
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE LGC Capital Ltd
For further information: Canada Contact: John McMullen, Chief Executive Officer, Tel.: (416) 803-0698, Email: [email protected]; London Office Contact: Anthony Samaha, Chief Financial Officer, Tel.: +44 (0) 20 7440 0640; Investor Relations Contact: Dave Burwell, The Howard Group Inc., Tel.: (403) 221-9015, Toll Free: 1-888-221-0915, Email: [email protected]