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Microcap & Penny Stocks : Platinum Communications Corporation PCS-V

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From: 6furlongs	1/10/2014 4:08:25 PM
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Platinum Completes Acquisition of Pathcom Calgary, Alberta CANADA, January 10, 2014 /FSC/ - Platinum Communications Corporation (PCS - TSX Venture), announced today that it has completed the previously announced acquisition of the management group, engineering team and operating assets of Pathcom Wireless Inc. (Pathcom) for $800,000 by payment of $600,000 cash and a promissory note for $200,000. With this complementary acquisition Platinum will strengthen its wireless engineering expertise; enhance and diversify its revenue streams; and, augment its high capacity broadband presence in the Peace River and Fort McMurray regions in Northern Alberta. ABOUT PLATINUM COMMUNICATIONS Platinum Communications Corporation (TSX-V: PCS) is a leading provider of superior quality fixed wireless Internet and Broadband solutions in Alberta. Based in Calgary, Platinum operates a custom-built wireless broadband network that utilizes Next-Generation WiMax technology to bring fast, reliable and affordable Internet services and digital phone solutions to residents and businesses across the Province using licensed and unlicensed spectrum that extends from north of Grande Prairie to the Alberta/US border and from Medicine Hat to Banff. Platinum caters to urban, rural and remote markets that are often beyond the reach of traditional Internet providers. For more information, please visit our website at 403-301-4591.

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