- By host
SEATTLE, WA–(Marketwire – 09/20/10) – Mantra Venture Group Ltd. (‘Mantra’)
(OTC.BB:MVTG – News) (Frankfurt:5MV – News) is pleased to announce that it has
moved to larger premises in South Surrey. The move was required to accommodate
growth and to showcase the LED lighting products being handled by subsidiary, Climate
ESCO Ltd, and to act as a distribution center.
The by-invitation event will be held on 23rd September, Thursday, from 6 pm to 9 pm.
Mayor Watts of Surrey will attend to formally open Mantra’s new office. There will be
information available on Mantra’s growth and business expansion. Investors, community
leaders and clients have been invited for the occasion.
Of particular note: the office is newly retrofitted by Climate ESCO with LED lighting, the
first of its kind in BC, including exterior and parking lights. This project represents our
commitment to energy savings, maintenance free, economical lighting solutions: a
number of municipal and industry LED installation projects are underway. Climate
ESCO is experiencing dramatic growth.
The City of Surrey encourages industries based on green technology. Mantra’s chosen
location puts us within easy access of highways, ports (Vancouver, Fraser Docks and
Roberts Bank), and minutes from the major Lower Mainland truck crossing to the U.S.
About Surrey, British Columbia.
Surrey is located on the Canadian West Coast in one of the most enviable places in the
world to live. At the crossroads of the Pacific Rim, Greater Vancouver and the United
States, Surrey is a city strategically located in one of the most appealing and
competitive economic regions of North America. Surrey is a vibrant international city
well positioned for success. Surrey is a city of exciting communities, where modern
urban development occurs in harmony with green spaces, parks and farmland — it will
be British Columbia’s next great metropolitan center. Not only are many families locating
here, business and sustainable industry are welcomed and encouraged with incentives.
About Climate ESCO Ltd.
Climate ESCO LTD. (CE) is a wholly owned subsidiary of Mantra Venture Group Ltd.
The Vision of CE is to source out and identify new and innovative ways to reduce public
and private organizations carbon footprint and global climatic impact. CE will achieve
this through identification of enhancements or new efficiencies in existing technologies
or new cutting edge solutions. The goal is for CE to be a turnkey solution for companies
to turn to for saving electric energy and using new technologies to reduce power
consumption while decreasing expenditures over time. Climate ESCO is dedicated to
provide the best available products with the best economics that will also allow
environmental responsibility and through association with CE companies will legitimize
their commitment to green technologies.
LED (Light Emitting Diode) is the first technology adopted by Climate ESCO because of
its remarkable potential to reduce demand for electrify. CE has sought and secured
relationship with leading manufactures from around the globe.
About Mantra Venture Group Ltd.
Mantra owns a portfolio of companies focused on sustainable energy, carbon reduction
and consumer product subsidiaries. Mantra’s mission is to be a leader in the green
technology marketplace using an innovative, multi-faceted approach focused on
profitability through sustainability. By aggressively seeking out new technologies and
innovating solutions for a cleaner earth, Mantra intends to provide a highly profitable
and environmentally responsible investment for its shareholders.
Except for the historical information contained herein, the matters discussed in this
press release are forward-looking statements. Actual results may differ materially from
those described in forward-looking statements and are subject to risks and
uncertainties. See Mantra Venture Group’s filings with the Securities and Exchange
Commission which identify specific factors that may cause actual results or events to
differ materially from those described in the forward-looking statements.