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Building Vital Infrastructure in Mongolia

NEWS

22 Sep

Khot to Increase Ownership of Ashid Munkhiin Zam LLC (“AMZ”) to 100%; Confirms Receipt of New Permits and Provides Shareholder Update on Mongolian Infrastructure Policies

September 22, 2016

Ulaanbaatar, Mongolia – Khot Infrastructure Holdings, Ltd. (“Khot” or the “Company”) (CSE: KOT) is pleased to provide shareholders with an operational update on the Company in light of new clarity on future infrastructure opportunities under the newly elected majority Mongolian government.

The June 29, 2016 federal elections saw the Mongolian People’s Party win 67 of 76 seats, an impressive majority. This will help ensure political stability for the next four years and enable government to implement new economic policies designed to attract foreign capital and stimulate domestic growth. The Mongolian People’s Party has a mandate to fast track critical Mongolian infrastructure needs and the new government has acted swiftly to address the delays in executing key concessions.

At an extraordinary meeting of parliament on August 26, 2016, the government officially announced its four year master economic development plan. This official operational document addresses the government’s priorities which include a major infrastructure focus including sections outlining building out extensions to the electrical grid network, expanding paved roads connecting all provincial centres and continuation of the announced massive Millennium road project, and finally, a section announcing further rail and rail bed projects linking major trading partners in Russia and China.

In addition, the government has formed the Mongolian Development Agency (“MDA”). This “super agency” assumes complete control and oversight of plan implementation with the MDA director reporting directly to the Prime Minister. A key responsibility of the MDA will be communication with international investor and business communities as well as ensuring clarity and efficiency in the bidding process. These relationships are increasingly critical given the financial challenges facing the country.

The Mongolian in-country management team quoted; “The infrastructure opportunity for Khot and our strategic partners is now more clearly defined than ever. The new majority government and its rapid response to past economic uncertainty are huge steps forward for the business community.”
Khot is also pleased to announce the receipt of an 110 Kilovolt (“kV”) power line construction permit awarded by the Mongolian government. This permit allows AMZ to further increase the scope and scale of bidding opportunities in the power line construction sector.

Erin Chutter, Khot’s COO, emphasized; “We are very pleased to add this permit to our arsenal which now, includes road and bridge building, road maintenance and rail bed construction licenses. The optimism and excitement around the $5.2 billion expansion of Oyu Tolgoi has brought new investor interest to Mongolia and heightened interest in all four of these burgeoning infrastructure sectors.”

On June 23, 2016, the leaders of Mongolia, China and Russia agreed to cooperate on the development of an economic corridor, including investments in upgrading the Ulan Bator rail line and focus on road transportation infrastructure.

AMZ previously announced the acquisition of three other important licenses in the rail bed, road construction and asphalt provision sectors. All three of these are critical for ongoing relationship negotiations underway with major financial and construction entities that will enable the Company to fully exploit these major infrastructure opportunities.

Khot also intends to acquire a final 25% interest in AMZ from a company controlled by affiliates of Firebird, Khot’s largest shareholder, in a non-cash transaction; this acquisition will bring Khot’s holdings to 100% of AMZ at a time when significant concession opportunities are planned by the government.

About Khot:
Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners. Our focus is on high margin contracts, such as highways and regional roads. Our mission is to provide the infrastructure needed for one of the world’s fastest growing economies.
To find out more about KHOT, please visit our website at khot‐infrastructure.com, email: IR@khot‐infrastructure.com.

About AMZ:
AMZ is a qualified Mongolian company, providing investors a first mover advantage; in effect a proxy on Mongolia and by extension a future opportunity throughout the entire Silk Road Region. The AMZ team includes experienced road engineers and business developers. In addition, the Company has the ability to leverage the Firebird office in the Mongolian capital city and has ready access to other key operational advantages this long-term relationship offers.

For further information, please contact:

Erin Chutter, Director
+1 604 808 6420
Malcolm Burke
+ 1 604 220 2000
Sabino Di Paola, Chief Financial Officer
+1 613 293 9219

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.
Disclaimer for Forward-Looking Information
Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.
Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.
There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

03 May

Khot Infrastructure Announces New Private Placement of up to CAD$1.0 Million, Appointment of New Chief Operating Officer and Closes Previously Announced Placement

May 3, 2016

ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) proposes to conduct a non-brokered private placement of up to 10,000,000 units at a price of $0.10 per unit for aggregate gross proceeds of up to $1,000,000. Each unit will consist of one common share and one-half of a non-transferable warrant, with a whole warrant entitling the holder to purchase one common share at a price of $0.20 for a period of 12 months following the closing date.

The securities issued pursuant to the private placement will be subject to a four month hold period from the closing date. The Company may pay a commission in connection with the private placement, subject to compliance with the policies of the Canadian Stock Exchange (the “Exchange”). Completion of the private placement and the payment of any commission remain subject to the receipt of all necessary regulatory approvals, including the approval of the Exchange.

Khot’s licensed Mongolian subsidiary, Ashid Munkhliin Zam LLC (“AMZ”), has recently announced an acquisition of important licenses in rail bed and road construction and expects approval shortly for a power line construction license. All three of these are critical for the ongoing negotiations with the major financial and construction relationships that will enable the Company to fully exploit these large infrastructure opportunities.
AMZ’s joint venture with Sepco III is actively seeking road building opportunities. The Sepco group of Chinese construction and engineering companies is among the top 100 largest global contractors in the world. In addition to this previously announced relationship with this major Chinese state owned enterprise; the Company is in discussions with a large international infrastructure and finance specialist who is seeking an ongoing relationship with AMZ.
The proceeds of the private placement will be used to take advantage of the evolution of the Company’s Mongolian infrastructure activities over the last six months and implement a rapid expansion of the strategic business plan.

Management recognizes that the sheer size and scope of this opportunity requires very careful and strategic relationship building. We are pleased to report this process is progressing very positively and the Company anticipates being able to shortly provide more specific information.

The appointment of Ms. Erin Chutter as Chief Operating Officer of the Company will allow for active engagement with the various funding, infrastructure partners and other critical parties. Along with the Firebird Funds’ long-standing relationships in Mongolia, Erin’s background as an experienced business professional with significant operating experience in Central Asia and China will assist in finalizing various high value concession opportunities. She also sits as the Chair of the Canadian Eurasia Russian Business Association, Vancouver Chapter and brings significant funding and other Chinese State-owned enterprise relationships into Khot and AMZ. Erin has been a director of Khot since April 5, 2015.

Investors should be aware that the Company plans to be financed by project debt at the subsidiary level so the need for additional equity at the Company level should be relatively small and the resulting dilution modest. This round is supported by directors and key consultants to the Company and we invite you to speak to management regarding this opportunity.

The Company closed the financing announced on December 16, 2015, for gross proceeds of $510,000. The financing consisted of 950,867 units at a price of $0.15 per unit for gross proceeds of $142,630. Each unit consisted of one common share and one-half of a non-transferable warrant, with each whole warrant entitling the holder to purchase one common share at a price of $0.20 for a period of 12 months following the closing date.
The securities issued pursuant to the private placement will be subject to a four month hold period from the closing date. The Company paid a commission of $2,640 and 8,800 warrants on the first tranche.

______________________________________________________________________________
About Khot:
Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners. Our focus is on high margin contracts, such as highways and regional roads. Our mission is to provide the infrastructure needed for one of the world’s fastest growing economies.

To find out more about KHOT, please visit our website at khot‐infrastructure.com, email: IR@khot‐infrastructure.com.

About AMZ:
AMZ is a qualified Mongolian company, provides investors a first mover advantage; in effect a proxy on Mongolia and by extension a future opportunity in the entire Silk Road Region. The AMZ team includes experienced road engineers and business developers. In addition, the Company has the ability to leverage the Firebird office in the Mongolian capital city and has ready access to other key operational advantages this long-term relationship offers.

For further information, please contact:

Erin Chutter, Director
+1 604 808 6420

Malcolm Burke
+ 1 604 220 2000

Sabino Di Paola, Chief Financial Officer
+1 613 293 9219

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

Disclaimer for Forward-Looking Information
Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

07 Jan

Khot Infrastructure Announces Issuance of Rail Construction Permit

January 7, 2016

ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) is pleased to announce that the Company’s wholly owned subsidiary, Ashid Munkhiin Zam LLC (“AMZ”) has been awarded a rail bed construction permit by the Ministry of Road and Transportation of Mongolia.

This rail bed construction permit issued effective December 22, 2015 is for an initial period of three (3) years and enables AMZ to bid on a number of major rail projects planned by the Government of Mongolia as an integral component of its countrywide transportation infrastructure commitment, including the USD$1.3 billion, 547 kilometres in railway concessions already announced by the Mongolian Government in partnership with Northern Railway.

James Passin, Khot Chairman, emphasized the importance of this permit in terms of the expanded opportunities it provides the Company in the implementation of its overall road and rail concession strategy, “The combination of road and rail provides a natural synergy to AMZ operations. Our experienced in-country management team and potential strategic partners are unanimous in their enthusiasm for this long term railway construction program.”

Proceeds from the private placement announced on December 15, 2015 will be used to accelerate the bid process in both the road and rail bed sectors. The Company will provide more ongoing information to shareholders as the bid process continues.

James Passin, Chair of Khot commented, “Having been awarded a permit allows Khot to actively bid on these fast-moving opportunities”.

Khot, through AMZ, recently announced a partnership with Power China’s world leading Engineering, Procurement, and Construction (“EPC”) company and Chinese state owned enterprise, Shandong Electric Power Construction Corporation III (“SEPCOIII”), who will contribute on a 75/25 percent basis, all the required logistical and financial support elements required for large road projects.

Mongolia, through the coordinated efforts with China’s larger New Silk Road Economic Belt project, will participate in the international Economic Corridor linking resources and markets between Russia, China and Mongolia, as well as other Central Asian countries.

“Regional connectivity is the main objective of the New Silk Road strategy.  We are proud to be a part of this vision and through our Chinese partners jointly push forward the construction of an international infrastructure network and advocate a framework for cross-border trade and financial opportunities”, said company president, Don Padgett.

______________________________________________________________________________

About Khot:

Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners.  Our focus is on high margin contracts, such as highways and regional roads. Our mission is to provide the infrastructure needed for one of the world’s fastest growing economies.

To find out more about KHOT, please visit our website at khot‐infrastructure.com, email: IR@khot‐infrastructure.com.

About AMZ:

AMZ is a qualified Mongolian company, provides investors a first mover advantage; in effect a proxy on Mongolia and by extension a future opportunity in the entire Silk Road Region. The AMZ team includes experienced road engineers and business developers.  In addition, the Company has the ability to leverage the Firebird office in the Mongolian capital city and has ready access to other key operational advantages this long-term relationship offers.

For further information, please contact:

Erin Chutter, Director
+1 604 808 6420

Malcolm Burke
+ 1 604 220 2000

Sabino Di Paola, Chief Financial Officer
+1 613 293 9219

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

 

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information. 

16 Dec

Khot Infrastructure Announces a Private Placement of Units and Directors Resignation

December 16, 2015

ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) proposes to conduct a non-brokered private placement of up to 3,400,000 units at a price of $0.15 per unit for aggregate gross proceeds of up to $510,000.  Each unit will consist of one common share and one-half of a non-transferable warrant, with a whole warrant entitling the holder to purchase one common share at a price of $0.20 for a period of 12 months following the closing date.

The securities issued pursuant to the private placement will be subject to a four month hold period from the closing date. The Company may pay a commission in connection with the private placement, subject to compliance with the policies of the Exchange. Completion of the private placement and the payment of any commission remain subject to the receipt of all necessary regulatory approvals, including the approval of the Exchange.

The proceeds of the private placement will be used for the completion of the Company’s bid on a 167 kilometer Mongolian road construction contract; to finalize and secure a Mongolian rail bed construction permit and for general working capital purposes.

Independent Director Resigns:

The Company also announces that Mr. Anthony Milewski has tendered his resignation as an independent director of the Company to focus on his other continuing commitments and increasing professional obligations.

Don Padgett, Company’s president and chief executive officer, on behalf of the board of directors, would like to thank Mr. Milewski for his service and support; “We appreciate Anthony’s contribution to the board, and have benefited from his knowledge and experience during his tenure with us. We wish Anthony continued success in his future endeavours.”

About KHOT:

Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners.  Our focus is on high margin contracts, such as highways and regional roads. Our mission is to provide the infrastructure needed for one of the world’s fastest growing economies.

To find out more about KHOT, please visit our website at khot‐infrastructure.com, email: IR@khot‐infrastructure.com or contact:

Malcolm Burke
1 604 220 2000

Sabino Di Paola
Chief Financial Officer
1 613 293 9219

 

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

03 Dec

Khot Infrastructure Sells Interest in Anya-2 S.À R.L. and Issues Stock Options

December 3, 2015

December 3, 2015

ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) announced today that it has sold its 5.05% interest in Anya-2 S.à r.l. (“Anya-2”) to Mogul Ventures Corp. (“Mogul”), a Canadian private company, seeking a listing on the TSX Venture Exchange. In exchange for the Company’s interest in Anya-2, Khot has received a 5.05% of a 2.5% net smelter royalty for any production of metals from the Ochiryn Bulag project, as well as 80,800 common shares of Mogul.

The divestiture of Khot’s interest in Anya-2 completes the Company’s business transition from mineral exploration to development of infrastructure in Mongolia. The sale of the Anya-2 to the Mogul venture should allow Khot to monetize its investment, while focusing on obtaining road development concessions.

Other news:
The Company is pleased to announce that the board of directors has approved the granting of options to purchase up to 995,000 common shares of the Company to officers, directors, and consultants. Of the 995,000 options granted, 875,000 options entitle the holder to purchase one common share of the Company at a price of $0.20 per share for a period of five years. The remaining 120,000 options entitle the holder to purchase one common share of the Company at a price of $0.20 per share for a period of one year, with 60,000 options vesting at the grant and 60,000 vesting in three months form the date of grant.

About KHOT:
Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners. Our focus is on high margin contracts, such as highways and regional roads. Our mission is to provide the infrastructure needed for one of the world’s fastest growing economies.

To find out more about KHOT, please visit our website at khot‐infrastructure.com, email: IR@khot‐infrastructure.com or contact:

Malcolm Burke
1 604 689 1515 EXT 308

Sabino Di Paola
Chief Financial Officer
1 613 293 9219

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

18 Nov

Khot Infrastructure Holdings Announces the Execution of a 75/25 Percent Consortium Joint Venture Agreement With SEPCOIII to Pursue Road Projects in Mongolia

November 18, 2015

ULAANBAATAR, MONGOLIA — Khot Infrastructure Holdings, Ltd. (Canadian Securities Exchange: KOT) (“Khot Infrastructure”) is pleased to announce that it has entered into a Consortium Agreement with Shandong Electric Power Construction Corporation III (“SEPCOIII”), a Chinese State-Owned Enterprise.

SEPCOIII, a subsidiary of PowerChina, is a world leading Engineering, Procurement, and Construction (“EPC”) company. James Passin, Chairman of Khot Infrastructure, signed on behalf of Khot Infrastructure; Mike Chen, President of SEPCOIII Investment, signed on behalf of SEPCOIII; and Ch. Orgilbold, CEO of Ashid Munkhiin Zam LLC (“AMZ”). Khot Infrastructure’s Mongolian subsidiary, signed on behalf of AMZ.

The terms of the Consortium Agreement allow for a 75/25 percent cost sharing and revenue sharing model between SEPCOIII and Ashid Munkhiin Zam LLC (“AMZ”) on road concession projects granted by the Mongolia government.

James Passin stated “We are excited to form a Consortium with SEPCOIII, an award winning, internationally recognized leading EPC. With the backing of SEPCOIII, we will move quickly to secure significant, profitable projects.”

Coordinating efforts with China’s larger New Silk Road Economic Belt project, Mongolia will participate in the international Economic Corridor linking resources and markets between Russia, China and Mongolia, as well as other Central Asian countries.

About Khot

Our goal is to become a leading Mongolian infrastructure developer and the preferred choice for employees, shareholders and partners.  Our focus is on high margin contracts, such as highways and regional roads. Our mission is to provide the infrastructure needed for one of the world’s fastest growing economies.

To find out more about KHOT, please visit our website at khot‐infrastructure.com, email: IR@khot‐infrastructure.com or contact:

Don Padgett
President and CEO
1 604 763 1229

Sabino Di Paola
Chief Financial Officer
1 613 293 9219

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information. 

12 Nov

Mongolian Government Grants Khot Infrastructure Extended and Expanded Road Building Permits; Khot Applies for Rail Bed Permits

November 12, 2015

ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) announced today that its Mongolian Subsidiary, Ashid Munkiin Zam LLC, (“AMZ”), applied for and has been granted by the Mongolian Government an expanded road building permit, valid until July 2018, with new authorizations to participate in bridge construction and regular road maintenance works, in addition to the previous construction and repair authorizations.

In October, AMZ also applied for a rail bed construction permit, necessary to compete for new rail bed construction opportunities that are currently under bid process as well as other contemplated rail projects.

“These new and expanded permits increase our team’s ability to compete for the construction opportunities as the Mongolian government pursues its aggressive regional road construction mandate.  There are a number of key concessions that are open to the properly permitted companies as Mongolia moves to meet its commitments under the recently announced trilateral agreement between Russia, Mongolia and China,” said James Passin, Chair of Khot Infrastructure.

Khot, through AMZ, is committed to participate in the full range of infrastructure construction concessions and the Company is in active negotiations with several major parties, including Chinese state owned enterprises, who can contribute all the required logistical and financial support elements required of a strategic partner for large road construction projects.

Coordinating efforts with China’s larger integrated Silk Road program, Mongolia will participate in the international Economic Corridor linking resources and markets between Russia, China and Mongolia, as well as other Central Asian countries.

James Passin noted, “New infrastructure in Mongolia is a regional necessity and will remain so for the foreseeable future. The opportunity for the Khot Group is enormous.”  Mr. Passin will be presenting at the Mongolia Projects and Investments Summit in Hong Kong on November 16th and 17th and will be meeting Khot and AMZ partners to further the bidding mandate.

 

About KHOT:

Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners.   Our focus is on high margin contracts, such as highways and regional roads. Our mission is to provide the infrastructure needed for one of the world’s fastest growing economies.

 

To find out more about KHOT, please visit our website at khot‐infrastructure.com,
email: IR@khot‐infrastructure.com
or contact:

Don Padgett

President and CEO
1 604 763 1229

Sabino Di Paola

Chief Financial Officer
1 613 293 9219

 

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

 

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information. 

12 May

KHOT Announces Director Changes

May 12, 2015

ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) is pleased to announce that it has entered into consulting agreements with each of Mr. Vincent J. Marciano (“Marciano“) and Mr. Scott Rose (“Rose”) for the provision of investor relations and marketing services.

The agreement between KHOT and Marciano provides for an initial term of one year, which may be terminated by either party with 30 days written notice after the expiration of the initial three month period. Marciano will receive a monthly fee of US$1,500 and will be granted 150,000 options.  The agreement between KHOT and Rose shall be on a month to month basis with a 30 day termination notice.  Rose will receive a monthly fee of CDN$2,500 and will be granted 150,000 options.

The options are granted to each consultant at an exercise price of $0.10 per share until December 31, 2017 and shall vest in accordance with the agreement, Canadian Securities Exchange policies and the Company’s stock option plan.

About KHOT:
Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners.  Our focus is on high margin contracts, such as highways and regional roads.  Our mission is to provide badly needed infrastructure required by one of the world’s fastest growing economies.

For more information, please visit www.khot-infrastructure.com or contact:

Sabino Di Paola
Chief Financial Officer
1 613 834 6513

Don Padgett
President and CEO
1 760 485 7678

Email:  IR@khot-infrastructure.com

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

18 Apr

KHOT Infrastructure to Expand Mongolian Operations

April 18, 2015

ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) is pleased to provide shareholders with an update on its Mongolian Infrastructure operations.

As previously announced on December 29, 2014, the Company completed its first Mongolian highway repair contract in November 2014.  This initial six kilometer project, although modest in size, was an important step for the Company and its Mongolian operating subsidiary, AMZ, clearly demonstrated management’s ability to successfully conclude all aspects of a Mongolian road construction contract.

Management has determined that timing is now optimum for the Company to rapidly expand its operational capacity to take advantage of the full range of infrastructure opportunities currently approved or with approval pending.  This includes 5,400 kilometers of new paved road construction scheduled for completion by the end of 2016.  Mongolian government plans include tenders for construction of both contract and concession roads.

The Company would benefit from a significant joint venture partner to bolster the financial credibility and major construction experience required to successfully win tenders in both the contract and concession categories.

Management is pleased to report that KHOT has entered into a binding Memorandum of Understanding (MOU) with a major foreign state owned entity to form a special purpose consortium which provides for joint participation in the bidding for all tender calls.

This combination will enable the consortium to participate in the full range of construction opportunities for approximately 500 kilometers of concession road projects.

“We are excited to co-venture with a corporate partner of this stature and experience.  The combined companies will create a formidable team with the resources necessary to successfully exploit this enormous opportunity”, said James Passin, Chairman of KHOT.

For more information, please visit www.khot-infrastructure.com or contact:

Don Padgett
President and CEO
1 760 485 7678

Sabino Di Paola
Chief Financial Officer
1 613 834 6513

Email:  IR@khot-infrastructure.com

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

 Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.

 There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.  

 

14 Apr

KHOT Infrastructure Announces Appointment of Investor Relations Consultants

April 14, 2015

ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) is pleased to announce that it has entered into consulting agreements with each of Mr. Vincent J. Marciano (“Marciano“) and Mr. Scott Rose (“Rose”) for the provision of investor relations and marketing services.

The agreement between KHOT and Marciano provides for an initial term of one year, which may be terminated by either party with 30 days written notice after the expiration of the initial three month period. Marciano will receive a monthly fee of US$1,500 and will be granted 150,000 options.  The agreement between KHOT and Rose shall be on a month to month basis with a 30 day termination notice.  Rose will receive a monthly fee of CDN$2,500 and will be granted 150,000 options.

The options are granted to each consultant at an exercise price of $0.10 per share until December 31, 2017 and shall vest in accordance with the agreement, Canadian Securities Exchange policies and the Company’s stock option plan.

About KHOT:
Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners.  Our focus is on high margin contracts, such as highways and regional roads.  Our mission is to provide badly needed infrastructure required by one of the world’s fastest growing economies.

For more information, please visit www.khot-infrastructure.com or contact:

Sabino Di Paola
Chief Financial Officer
1 613 834 6513

Don Padgett
President and CEO
1 760 485 7678

Email:  IR@khot-infrastructure.com

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.