$CAPV News - Cabo Verde Capital Inc. Agrees to Management Contract for New Beach Resort in Cabo Verde

WILMINGTON, Del., - (http://www.financialnewsmedia.com News Alert) - Cabo Verde Capital Inc. (OTC:CAPV) (the \"Company\") is pleased to announce that it has come to an agreement in principle with a global hotel management company for the Company\'s hotel beach resort project In Sao Nicolau. The Company is developing the project in the Republic of Cabo Verde on the island of Sao Nicolau. The site is beach front and expansive. Definitive documentation is expected to be signed in the next few days and will include details of the commercial terms, that reflect Cabo Verde Capital\'s business practices that are built on a platform of de-risk and exit strategy in their projects through lease agreements.



About Cabo Verde Capital Inc.



Cabo Verde Capital\'s activities are based on three main pillars: Real Estate, Hospitality and Casino development and the exploitation of these three segments.



This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For more information please contact Corporate Relations at info@caboverdecapital.com.



John Duggan, President



Forward-looking Statement:



THIS NEWS RELEASE CONTAINS \"FORWARD-LOOKING STATEMENTS,\" AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS \"ESTIMATE,\" \"ANTICIPATE,\" \"BELIEVE,\" \"PLAN\" OR \"EXPECT\" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH REAL ESTATE...