Le Lézard
Classified in: Transportation
Subject: PDT

Grande West Announces Additional Quebec Public Transit Order


VANCOUVER, March 23, 2018 /PRNewswire/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) - ("Grande West" or the "Company"), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale in Canada and the United States, is pleased to announce a new Vicinity order for approximately $1.6 million.

The order is a follow on for new Vicinity buses to be delivered to the Société de transport du Saguenay (STS) in 2018.

Jean-Marc Landry, CEO of Grande West stated, "We are pleased to receive another order for additional Vicinity buses for service in the province of Quebec, an area we believe there is tremendous opportunity to 'Right-Size' fleets."

Backlog: Current total firm orders for Q4 2017 through 2018 delivery are for over three hundred (300) buses valued at over $120 million CAD.

About Grande West Transportation Group

Grande West is a Canadian company that designs, engineers and manufactures mid-size multi-purpose transit vehicles for public and commercial enterprises.  Grande West's Best-in-Class heavy-duty Vicinity bus is available in 27.5, 30 and 35 foot models powered by clean diesel, EV or CNG designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, is more maneuverable, burns less fuel and emits less harmful emissions.

The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in many Canadian transit agencies. Grande West is Buy America compliant, and along with ABG, its exclusive US distributor, is actively supplying and pursuing opportunities in public and private transit fleet operations that will benefit from Grande West's vehicles.

For further information please contact:

Grande West Transportation         

John LaGourgue
VP Corporate Development                          
Ph: 1-604-607-4000
[email protected]                     
www.grandewest.com                                   

Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from Grande West's expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

SOURCE Grande West Transportation Group Inc.


These press releases may also interest you

at 03:00
Today McLeod Software announced their enhanced solution for private fleet trucking operations, called LoadMaster Private Fleet. The solution is built on the company's proven LoadMaster Enterprise operations software, already used by dozens of private...

at 02:32
At the end of February 2024, the UK ran its second Hydrogen Week. During this week, Hyundai set two new records for the driving range of its fuel cell electric vehicles (FCEVs). While certainly a significant achievement, will the ultimate range of...

18 avr 2024
Today, Effy Jewelry announces the debut of its first-ever charter cruise, Escape with Effy, in collaboration with award-winning cruise line Holland America Line. Taking place this August, the charter cruise will give travelers an exclusive look and...

18 avr 2024
Raceway Kia of Freehold has once again been recognized as one of the top-performing Kia dealerships in North America. The dealership has been named a two-time winner of the Kia President's Club award; an honor reserved for only the most outstanding...

18 avr 2024
ShipSaving, a fast-growing shipping platform recognized in the 2023 Deloitte Technology Fast 500tm, proudly announces a groundbreaking development as the first multi-carrier shipping company to offer UPS no-label shipping. This innovative feature...

18 avr 2024
Radiant Logistics, Inc. , a leading provider of technology enabled global transportation and value-added logistics solutions, is pleased to announce it has been recognized by Transport Topics in both the Logistics Top 100 as well as the Freight...



News published on and distributed by: