Attached files
| file | filename |
|---|---|
| 8-K - NVDF 8K 20091223 - TWO RIVERS WATER & FARMING Co | nvdf8k_20091223.htm |
| EX-10.1 - NVDF 8K 20091223 EXTENSION AGREEMENT - TWO RIVERS WATER & FARMING Co | nvdf8k_20091223exh101.htm |
Exhibit 99.1
Press Release, dated December 21, 2009
Two
Rivers Water Company Acquires Extensions on its Options to Purchase Water
Company
Denver, Colorado, December 21,
2009 Two Rivers Water Company (“Two Rivers”), formerly
Navidec Financial Services, Inc. (OTC: NVDF.OB), through its 50% owned joint
venture HCIC Holdings LLC, has completed the purchase of 18.11% of the shares of
the Huerfano-Cucharas Irrigation Company (“HCIC”) in Southern
Colorado. Further, HCIC Holdings LLC has received extensions on
options to acquire another 44.72% of HCIC. The majority of the option
extensions expire February 1, 2010.
“The
option extensions represent a vote of confidence in HCIC Holdings LLC and their
vision for HCIC and developing the distribution and storage of water in the
Huerfano and Cucharas river basin,” commented John Stroh II, President of Two
Rivers.
About Two
Rivers Water Company (formerly Navidec Financial Services, Inc.)
Formed in
December 2002, Two Rivers is currently focused on acquiring, controlling,
perfecting and then selling water storage, water rights, and associated land to
develop into a water company.
About
HCIC Holdings
HCIC was
formed in July 2009 to acquire, control, perfect and then sell water storage,
water rights, and associated land to develop as a water company.
FORWARD
LOOKING STATEMENTS
This
announcement contains forward-looking statements about Two Rivers that may
involve risks and uncertainties. Important factors relating to the Two Rivers’
operations could cause results to differ materially from those in
forward-looking statements and further detailed in filings with the Securities
and Exchange Commission (SEC) available at the SEC website (http://www.sec.gov).
All forward-looking statements are based on information available to Two Rivers
on the date hereof and Two Rivers assumes no obligation to update such
statements.
Contact: Kevin
Lowther
Two
Rivers Water Company
Symbol
NVDF, OTCBB
Phone: +1
(303) 222-1000
Email: klowther@2riverswater.com