PLPL – Plandai Biotechnology, Inc. Qualifies for Grant From South African Department of Trade & Industry

Grant Amount Between R14 Million and R26 Million to Be Awarded in 4th Q 2014 SEATTLE, WA, Apr 08, 2014 (Marketwired via COMTEX) Plandai Biotechnology, Inc. (OTCQB: PLPL), a producer of highly bioavailable plant extracts for industries including health, wellness, nutraceutical, and pharmaceutical, today announced that it has qualified for and submitted the necessary paperwork to receive a grant from the South African Department of Trade and Industry (DTI). DTI grants are awarded based on qualifications relating to capital investment in new industry. The Company s extraction and processing factory in the Mpumalanga province in northern South Africa is considered a qualifying facility. DTI representatives will be touring the facility in the first week of May. According to the DTI website (http://www.thedti.gov.za/about_dti.jsp), their strategic objective is to facilitate transformation of the economy to promote industrial development, investment, competitiveness and employment creation.
http://www.publicwire.com/plpl-plandai-biotechnology-inc-qualifies-for-grant-from-south-african-department-of-trade-industry/