Sustainable Projects Group Acquires myfactor.io AG

NAPLES, Florida, December 7, 2017 /PRNewswire/ --

Sustainable Projects Group Inc. (the "Company") (OTCQB: SPGX) is pleased to announce the acquisition of myfactor.io AG, a business development company based in Liechtenstein. Sustainable Projects Group is gaining direct access to a company with the experience and infrastructure to develop SME's and issue bonds, allowing SPGX to further broaden the range of consulting and business development expertise represented within the Company.

"SPGX now has a platform in which it can fund and develop existing projects in its global network. This opens a gateway to new and exciting projects ahead," stated Christian Winzenried, CEO of Sustainable Projects Group Inc.

Through Sustainable Projects Group's acquisition of myfactor.io AG, the Company has the ability to profit from myfactor.io's focus on the development and growth of SME's. As part of its growth strategy for SME's, myfactor.io has the ability to place bonds in US Dollars, Euros and Swiss Francs.

"We are excited to join the team of Sustainable Projects Group Inc and the network of companies represented within the group of companies around it. We believe myfactor.io's expertise in international debt markets, coupled with the international network of SPGX will offer great potential for growth" stated Guenther Hotz, CEO of MyFactor.io.

Mr Hotz has more than 20 years of experience in the financial services field, serving in key leadership roles at various internationally known investment and financial services firm. He has served as CEO of myfactor.io AG since July of 2017 and will oversee the integration and expansion of myfactor.io into Sustainable Projects Group.

"Mr Hotz brings a long standing track record in the financial market into our company. We are excited that he will lead the myfactor.io team into the future and look forward to a fruitful future for all parties involved" stated Christian Winzenried, CEO of Sustainable Projects Group Inc.

About Sustainable Projects Group Inc. 

SPGX as a member of SP Group is positioned to become a world-leading natural resources holding and development company through value-based investments and collaborative partnerships with global leaders across the natural resources sector.

SP Group has initiated its goals by pursuing investment and partnerships with some of the most diversified and integrated companies available on the market.

About myfactor.io AG 

myfactor.io AG as a wholly owned subsidiary of SPGX, is a company incorporated in Liechtenstein. myfactor.io's primary focus is the development and growth of SME's and to strengthen their market position. As part of its growth strategy for SME's, myfactor.io has the ability to place bonds in US Dollars, Euros and Swiss Francs.

http://www.myfactor.io

On behalf of Sustainable Projects Group Inc. 

Christian Winzenried

Chief Executive Officer

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These forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements about: our market opportunity; revenue generation; our strategies; competition; expected activities and expenditures as we pursue our business plan; the adequacy of our available cash resources; our ability to acquire assets or projects on commercially viable terms; challenges to our title to our assets; operating or technical difficulties in connection with our development activities; currency fluctuations; and governmental regulations. 

Many of these contingencies and uncertainties can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Specific reference is made to our most recent annual report on Form 10-KSB and other filings made by us with the United States Securities and Exchange Commission for more detailed discussions of the contingencies and uncertainties enumerated above and the factors underlying the forward-looking statements. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities and Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities and Exchange Commission at 1-800-SEC-0330. The U.S. Securities and Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities and Exchange Commission at http://www.sec.gov . 

We disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by applicable laws. 

This press release is for informational purposes only and is not and should not be construed as an offer to solicit, buy, or sell any security. 

For further information, please contact us.

Sustainable Projects Group Inc. 

2316 Pine Ridge Road, #383

Naples, FL 34109

Email: [email protected]

Phone: +1-239-316-4593

SOURCE Sustainable Projects Group Inc