CGrowth Capital, Inc. executed a Letter of Intent to acquire Bahamian Petroleum Project from WBS Organization for $15 million.

CGrowth Capital, Inc. operates as a holding company for alternative and undervalued assets. The Company’s primary objective is to generate returns for shareholders by identifying and investing in potential opportunities, that have the capacity to generate substantial profits over the long term. The Company is focused on disruptive sports technologies and building products and revenue streams within the sports sector. The Company also owns a portfolio of lithium tenements in Tanzania, namely the Nkole-Hombolo Lithium Project. The Project is located approximately 40 kilometers Northeast of the Tanzanian Capital Dodoma. The Nkole-Hombolo Lithium Project consists of over 17 prospecting licenses covering an area of approximately 435.3 square kilometers. Its subsidiaries include Savage Barbell Apparel LLC and CGrowth Mining Inc. Savage Barbell Apparel LLC is a functional fitness apparel manufacturer and distributor.