CGrowth Capital, Inc. completed the acquisition of 2,064 acres of Wyoming oil leases from West Salt Creek, Inc. for $3.9 million.
CGrowth Capital, Inc. (OTCPK:CGRA) completed the acquisition of 2,064 acres of Wyoming oil leases from West Salt Creek, Inc. for $3.9 million on October 29, 2013. CGrowth Capital will pay $3 million in Preferred A stock which can be converted to common shares after the hold period at a 20% discount to market and $0.9 million in common stock.