QED Connect Inc. Acquisition, Green M&A Solutions, Provides RFP to USAID/Colombia
MANCHESTER, NH / ACCESSWIRE / April 9, 2015 / Management of QED Connect Inc. (OTC Pink: QEDN) today announced that Green M&A Solutions and their partners in Colombia, have presented a Request For Proposal (RFP) to the United States Agency for International Development in Colombia (USAID/Colombia). The RFP is in support of small miners in Colombia to process Gold without using mercury and to create agriculture jobs in the community growing Sacha Inchi and planting a commercial forest plantation.
The USA government has committed to invest US$151,000,000 to $324,000,000 over the next 3 to 5 years in Colombia to promote several social programs. USAID/Colombia oversees and manages the various projects in support of Colombia’s efforts having the objective to implement a sustainable and inclusive peace, and open business environment. These programs are anticipated to bring long term growth to Colombia through multiple developmental projects in various sectors, including mining and agriculture. One of these programs is to improve mining operations, provide additional economic opportunities and reform degraded areas into productive use areas, with a focus on commercial forestry plantations.
The RFP is for $20,000,000 USD over 5 years for the gold mining operations, and support of sustainable small-scale agricultural crops like Sacha Inchi, Bambu (guadua) and hardwood forests.
Gold mining in Colombia has increased by over 300% since 2006. In 2006, Colombia was responsible for less than 1% of the world’s gold production, while in 2013 it accounted for 2.4%. The project under the RFP, if obtained, would help increase the amount of ore that can be processed in the Yurani processing plant and will greatly reduce dependency on other processing plants that utilize mercury. Mercury not only jeopardizes the health of the miners and their families, but it also can result in a loss of over 40% of the gold and severely damage the environment in the process. Additionally, QEDN / Green Mine Solutions will be in position to open other processing plants to process ore and reduce our costs through improved efficiencies.
Sacha Inchi is the key crop that is being used now to replace illegal crops, such as the Coco plant (cocaine). The Sacha Inchi is originally from the Colombian and Peruvian jungle, used for hundreds of years by the Incas. Sacha Inchi is called the Inca Nut and it has great food and health benefits due to its high content of alpha linoleic acid Omega 3 (48 %) and low contents of saturated fatty acids (6%).
The reforestation program is also a key part of the proposal as it offers many benefits to the local community; environmental and financial. Colombia has the right environmental conditions for growing timber. Plants in Colombia grow 5 times faster than in the USA due to more rain, sun and rich soil. Some of the key products are: Acacia Mangium, which is commonly used for carpentry, joinery and construction in general, and also has uses for pulp and fuel; Melina is most commonly used in the development of decorative veneers, plywood, particleboard, hewn logs, and; Bamboo, which is becoming very popular for hardwood floors, furniture and many other uses.
The award for the RFP is expected to be announced in the third quarter of 2015.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED’s business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED’s future operating results are dependent upon many factors, including but not limited to the Company’s ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company’s control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (541) 764-6180
Email: info@qedconnect.com
SOURCE: QED Connect Inc.
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