GREENWOOD VILLAGE, Colo., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Pure Harvest Corporate Group, Inc. (OTC: PHCG), a diversified holding company focused on acquiring and revitalizing undervalued businesses, is pleased to announce that it has officially eliminated all remaining debt from its balance sheet, marking a major turning point in the Company's transformation.
Following a comprehensive effort to restructure liabilities and strengthen the Company's financial foundation, Pure Harvest is now debt-free and positioned to accelerate its long-term vision with renewed focus and flexibility. This achievement clears the path for growth initiatives and strategic investments designed to drive lasting value for shareholders.
"This is a pivotal moment for Pure Harvest," said Richard Hawkins, Interim CEO and Chairman of the Company. "We've spent the past several months executing a disciplined plan to clean up the capital structure, retire legacy obligations, and position the Company for a stronger, more agile future. With our debt burden behind us, we are now free to move forward with confidence."
Pure Harvest's management team remains actively engaged in identifying and evaluating strategic acquisition opportunities across select high-potential sectors. While the Company is not prepared to announce specific transactions at this time, its acquisition pipeline reflects a targeted approach to growth with a focus on scalable operations, proven leadership, and long-term value creation.
"We believe the real work begins now," added Hawkins. "We're building a future-forward platform with the capacity to execute - and the clarity of vision to deliver."
About Pure Harvest Corporate Group, Inc.
Pure Harvest Corporate Group, Inc. (OTC: PHCG) is a diversified holding company dedicated to strategic acquisitions and innovative solutions across various sectors. Through a vertically integrated approach, PHCG builds value by identifying and acquiring companies with high-growth potential, focusing on sustainable operations and scalable business models. The company leverages its operational expertise and resources to drive long-term growth and market expansion, creating shareholder value while meeting evolving industry demands.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates, and projections about the Company's business and industry, management's beliefs, and certain assumptions made by the Company. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including but not limited to, our ability to continue reducing liabilities, complete future acquisitions, secure funding, and successfully execute our business strategy. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
