Last $0.0016 USD
Change Today +0.0005 / 45.45%
Volume 92.0M
AZFL On Other Exchanges
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OTC US
As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

amazonas florestal ltd (AZFL) Key Developments

Amazonas Florestal, Ltd. Establishes Initial Purchase Order with Sitco Lumber Company

Amazonas Florestal Ltd. announced that it has established an initial purchase order with Sitco Lumber Company. Sitco Lumber ordered an initial $68,600 in Ipe and Jatoba, which represents not only a diversification of species for Amazonas, it also represents a diversification of Amazonas' products and client base, this being Amazonas' first order for hardwood flooring blanks and first in the United States.

Amazonas Florestal, Ltd Enters into Strategic Milling Alliance

Amazonas Florestal Ltd. announced that it has secured a milling-for-service deal that satisfies both its financial and geographic criteria. Estimated to handle about 800m of logs per month, the mill has passed all inspections and is capable of producing the high-quality products that the company needs to fulfill its recent $2,640,000 purchase order for Trackwork Ltd. Logistically, the mill is efficiently situated, as the supply of logs can be delivered by road from the harvest site to the mill and from mill to port. The mill provides land on-site to store all inventories that the company will require, including space under-roof to lay out large quantities for quality control inspection.

 

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