Westbridge Capital Completes an Offering of Units for Quickthree Solutions
Westbridge Capital Ltd., is pleased to report that an offering of units, each containing a debenture and share purchase warrants has been completed for Quickthree Solutions Inc. ("Quickthree"). Quickthree will use the proceeds of the offering to build it's prototype "Quickstand" Trailer and Silo and for working capital purposes.
Michael Meekins, President of Westbridge Capital Ltd. said, "Quickthree represents an exciting opportunity. The ability to bring meaningful innovation to the Oil and Gas industry through the patent pending "Quickstand" line of products is significant, and to have the initial products address the fast growing hydraulic fracturing segment is particularly meaningful. The Quickstand products decrease operating costs and increase site efficiency, we expect to see significant demand as the prototype is available."
Alvin Herman, President of Quickthree Solutions Inc. said, "We appreciate the confidence that Westbridge and it's investors have shown in our team, we look forward to executing on our business plans and bringing this much needed innovation to the the Oil and Gas industry."
About Quickthree Solutions Inc.
Quickthree Solutions Inc. ("Quickthree") is an inventor and manufacturer of industrial equipment located in Saskatoon, Saskatchewan. The Quickthree products (patents pending) integrate environmental awareness and efficient design, making them the enlightened choice for the markets they serve.
About Westbridge Capital
Westbridge Capital is a private equity management company. Westbridge Capital focuses exclusively on real estate and private equity investments that by their nature have little correlation to publicly listed securities and may be used to diversify a portfolio and reduce overall portfolio risk and volatility.