HERNANDO, FL -- (Marketwired) -- 03/05/15 -- National Waste Management Holdings, Inc., (OTCQB: NWMH) announces that its subsidiary, Sand/land of Florida Enterprises Inc. has signed a purchase agreement to acquire a key landfill site as it continues to expand its solid waste management plan. The landfill is a Florida Department of Environmental Protection (DEP) approved construction and demotion (C&D) landfill located in Citrus County Florida. The landfill services several surrounding counties around the central Florida region. Key aspects of the 80 acre site is its ability to service the construction and demolition industry. It is also a permitted yard trash and land clearing debris recycling and disposal site. It currently has 600,000 cubic yards of air space permitted on a 21.7 acre footprint. There is 300,000 cubic yards of sand on site for use and enough area available for 3 million cubic yards of yard trash/land clearing disposal for future permitting and can be permitted in the future for storm debris disposal. The closing of the transaction is subject to normal customary closing conditions. The acquisition conforms to NWMH environmental policy and the company continues to identify further growth opportunities within key areas to further expand its solid waste management plan.
About National Waste Management Holdings Inc.:
National Waste Management Holdings Inc., through its subsidiary, Sand/land of Florida Enterprises Inc., is a leading Construction and Demolition (C&D) landfill in Hernando, Florida servicing Citrus, Hernando, and Marion counties and is the distinguished leader in landfill services on Florida's west coast. More information may be found at the Company's website: www.sandlandwaste.com.
This release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934, and are made in reliance upon the protections provided by such Acts for forward-looking statements. We have identified forward-looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form SEC filings.
Louis Paveglio, CEO
National Waste Management Holdings Inc.
Strategic Capital Markets
Source: National Waste Management Holdings, Inc.
Released March 5, 2015