Source: GlobeNewswire

Press Release: Colt Resources : Colt Resources announces sale of winery

MONTREAL, Quebec, March 26, 2018 (GLOBE NEWSWIRE) -- Colt Resources Inc. ("Colt" or the "Company") (TSXV:GTP) (FRA:P01) (OTC Pink:COLTF) announces that its wholly owned subsidiary, Q.S.P.A. - SOCIEDADE VITÍCOLA UNIPESSOAL, LDA., ("QSPA"), sold its winery in Portugal for gross proceeds of approximately €3.7 million net of transaction costs and subject to closing adjustments. Closing adjustments continue to be negotiated.

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Annual Revenue
$5.0-25M
Employees
100-250
John Gravelle's photo - Interim-CEO of Colt Resources

Interim-CEO

John Gravelle

CEO Approval Rating

70/100

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