NASSAU, Bahamas, Sept. 25, 2015 (GLOBE NEWSWIRE) -- Clearwave Telecommunications, Inc. (formerly Gold Star North American Mining, Inc.) (OTC Pink:CWTC) announces the Company has signed an engagement agreement with SGC Canada Inc. (http://www.sgcorpfinance.com/our_company.html) as its exclusive financial advisor.
Under the terms of the agreement, SGC Canada Inc. will assist and advise the Company on strategic acquisition opportunities and related financing and recapitalization options.
SGC Canada Inc. is a merchant banking firm. The firm invests in and provides alternative financing to its client and portfolio companies. It also provides mergers, acquisitions, debt consolidations, restructuring proposals and project financing services. The firm was founded in 2005 and is based in Toronto, Canada.
Clearwave Telecommunications stated, "We are pleased to take this next step towards completion of our plan to take advantage of the current opportunities in the telecommunications markets."
About Clearwave Telecommunications, Inc.:
Clearwave Telecommunications, Inc. will offer a portfolio of telecommunication services including, but not limited to VoIP, calling cards and direct SMS messaging. The company will expand and increase shareholder value through both the proposed acquisition of established companies and executing on a corporate vision that includes deploying and building a new telecommunication infrastructure allowing new and up to date technologies and services to be implemented.
Safe Harbor
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Clearwave Telecommunications encourages those interested in our Company to rely only on information included in our filings which can be found at www.otcmarkets.com. Statements released by Clearwave Telecommunications that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors. The company does not undertake any responsibility to update the forward-looking statements contained in this release.