Powerhouse Enrgy Grp Result of AGM & Shareholder Update
03 Dicembre 2015 - 3:30PM
UK Regulatory
TIDMPHE
3 December 2015
PowerHouse Energy Group plc
("PowerHouse" or the "Company")
Result of Annual General Meeting & Shareholder Update
PowerHouse held its Annual General Meeting today at the offices of Allenby.
All resolutions were passed by shareholders.
Additionally, the Company announced that all major components of the G3-UHt
System, have now been successfully commissioned in Australia. Testing and
tuning of the unit will continue on a variety of feedstock materials (PVC,
shredded tyres) over the coming weeks leading to additional public
demonstrations of the facility in Brisbane in mid-January, 2016.
Demonstrations and evaluations of the System have been held for local members
of the Australian Government with commercial demonstrations to be held in the
near future. Early contract negotiations have begun in earnest with several
interested parties in both Australia, Thailand, and Slovakia with others eager
to see the unit in operation.
"We're grateful for the support that our Shareholders continue to show in
PowerHouse." stated Keith Allaun, Executive Chairman of the Company. "We're
eager to begin moving into contract negotiations with significant commercial
customers after a challenging several year period."
For additional information please contact:
PowerHouse Energy Group plc
Keith Allaun
+1 352 226 8644/+44 7887 588 941
Allenby Capital Limited (Nominated Adviser and Broker)
Nick Harriss/David Hart
+44 (0) 20 3328 5656
END
(END) Dow Jones Newswires
December 03, 2015 09:30 ET (14:30 GMT)
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