ECOLOGIX Resource Group (OTCBB: EXRG), announced today the expansion of its Cameroon operations with the purchase of vital equipment through its subsidiary, Ecologix Cameroon.

Captain Martin Mohlie Tope, Chairman of Ecologix Cameroon, stated, "Today's announcement is a definitive step in the right direction for the Company. The procurement of this equipment will allow Ecologix to be completely self-sufficient -- managing everything from the harvesting and processing of cut timber, all the way to transportation to port. As a result, we expect this move will allow us to substantially improve margins and continue to grow our business on both a domestic and international level. The sourcing of this equipment will afford our operations in Cameroon the autonomy necessary to operate as efficiently as possible."

As the Company continues to build its infrastructure and relationships with the communities and its customers, it remains committed to its core objective of returning value to its shareholders with environmentally conscientious undertakings.

About ECOLOGIX Resource Group

ECOLOGIX Resource Group is a natural resource company focused on the timber industry and production of alternative energy solutions in accordance with the most stringent environmental standards regulating these industries. ECOLOGIX has an unyielding commitment to global conservationism, and is structured to operate in a manner that is responsible, compliant and profitable. Presently, the Company's focus is primarily on the timber industry; however, as the business grows, ECOLOGIX continues to explore opportunities with other natural resources such as biofuel and oil, and will evaluate other countries and geographies. Additional information on ECOLOGIX Natural Resource Group is available on its website, www.ecologixrg.com.

Forward-Looking Statements

This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that a number of factors could cause our actual results to differ materially from any results indicated in this release or in any other forward-looking statements made by us, or on our behalf. These include among others factors related to general economic conditions, interest rates, demand for materials handling products and construction equipment, performance of our manufacturing facilities and the cyclical nature of the materials handling and construction equipment industries. Further, historical information should not be considered an indicator of future performance. Additional considerations and important risk factors are described in our reports on Form 10-K and 10-Q and other filings with the Securities and Exchange Commission.

Contact: ECOLOGIX Resource Group Toll free: 1 888-LOGIXRG (564-4974) Email: ir@ecologixrg.com

Ecologix Resource (CE) (USOTC:EXRG)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more Ecologix Resource (CE) Charts.
Ecologix Resource (CE) (USOTC:EXRG)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more Ecologix Resource (CE) Charts.