Pan Global, Corp. Launches Analysis Series for Shareholders - Part A - "India's Renewable Energy Potential Remains Untapped"
2014年3月29日 - 5:01AM
Marketwired
Pan Global, Corp. Launches Analysis Series for Shareholders - Part
A - "India's Renewable Energy Potential Remains Untapped"
CARSON CITY, NV--(Marketwired - Mar 28, 2014) - Pan
Global, Corp. (OTCQB: PGLO) (the "Company") today announces the
first of a five-part series of announcements intended to
provide current and prospective shareholders with the Company's
analysis of its opportunity in India's green energy industry plus
additional details about its small-hydro plant acquisitions.
Today's Part A Analysis provides, through industry reports,
information to shareholders regarding the potential of India's
renewable energy industry. The Company believes in its vision
and feels sharing data such as the articles and reports below are
key to educating shareholders on the Company's opportunities.
1. The following report from Ernst & Young,
LLP provides extensive insights into the growth potential of
India's renewable energy sector:
http://www.ey.com/Publication/vwLUAssets/Mapping_Indias_Renewable_Energy_growth_potential/$FILE/EY-Mapping-Indias-Renewable-Energy-growth-potential.pdf
2. The following article discusses the untapped potential of
India's renewable energy:
http://www.triplepundit.com/2013/07/renovate-india-renewable-energy-sources/
3. The following 2013 report from the Indo-German Forum provides
comprehensive analysis of renewable energy in India: Renewable
Energy in India 2013 Overview pdf
As previously reported, the Company is in the process of
acquiring 100% of a 5.7MW small-hydro project in northern India
(the "Project") through its staggered acquisition of Regency Yamuna
Energy Limited, an India corporation commissioning the Project
("RYEL"). The Company recently announced that it has closed on the
third tranche of the acquisition and currently holds a 7.51% equity
interest in RYEL.
Company management commented, "We look forward to continuing to
provide our shareholders with additional information and insights
into our vision and plans with this Analysis Series. We believe in
the path we have chosen, and are committed to our long-term goal of
building shareholder value. We intend to continue increasing
our equity interest in RYEL under our acquisition agreement with
RYEL."
As previously disclosed, on October 28, 2013, the Company,
through its wholly-owned subsidiary, Pan Asia Infratech Corp.,
entered into a Stock Purchase Agreement ("Acquisition Agreement")
with RYEL and the RYEL stockholders, pursuant to which the Company
has agreed acquire, on a staggered basis, 100% of the outstanding
shares and convertible debt (if not previously converted) of RYEL.
Further details of the Acquisition Agreement are available in the
Company's periodic and current reports filed with the SEC and
available on the SEC's website free of charge at www.sec.gov.
The Acquisition Agreement contains pre-closing conditions,
customary representations and warranties, post-closing covenants
and mutual indemnification obligations for, among other things,
inaccuracy or breach of any representation or warranty and any
breach or non-fulfillment of any covenant.
About Pan Global,
Corp. Pan Global, Corp., through its wholly-owned
subsidiary, Pan Asia Infratech, Corp., is focused on
environmentally sustainable energy, infrastructure and
technologies. Our aim is to invest in green energy technology and
infrastructure to build an inclusive green economy around the
world.
For additional information, please visit the Company's website
at www.panglobalcorp.com, the contents of which are not
incorporated into this press release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The foregoing contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. We
intend for these forward-looking statements to be covered by the
safe harbor provisions of the federal securities laws relating to
forward-looking statements. These forward-looking statements
include statements relating to, or representing management's
beliefs about, our future transactions, strategies, operations,
events and financial results. Such forward-looking statements often
contain words such as "will," "anticipate," "believe," "plan,"
"estimate," "expect," "intend," "is targeting," "may," "should" and
other similar words or expressions. Forward-looking statements are
made based upon management's current expectations and beliefs and
are not guarantees of future performance. Our actual business,
financial condition or results of operations may differ materially
from those suggested by forward-looking statements as a result of
risks and uncertainties which include, among others, those risks
and uncertainties described in any of our other filings with the
SEC. Certain other factors which may impact our business, financial
condition or results of operations or which may cause actual
results to differ from such forward-looking statements are
discussed or included in our periodic reports filed with the SEC
and are available on our website at www.panglobalcorp.com under
"Investor Info". You are urged to carefully consider all such
factors. We do not undertake or plan to update or revise
forward-looking statements to reflect actual results, changes in
plans, assumptions, estimates or projections, or other
circumstances occurring after the date of this news release, even
if such results, changes or circumstances make it clear that any
forward-looking information will not be realized. If we make any
future public statements or disclosures which modify or impact any
of the forward-looking statements contained in or accompanying this
news release, such statements or disclosures will be deemed to
modify or supersede such statements in this news release.
Disclaimer: This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, and shall not
constitute an offer, solicitation or sale in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful.
Contact Information: Pan Global, Corp. Investor Relations Phone:
877-999-7978 Email: PGLO@panglobalcorp.com
Pan Global (PK) (USOTC:PGLO)
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Pan Global (PK) (USOTC:PGLO)
過去 株価チャート
から 6 2023 まで 6 2024