Pan Global, Corp. Accepts Preliminary Engineering Due Diligence Report on 2nd Potential Small-Hydro Plant Acquisition
11 Febbraio 2014 - 2:15PM
Marketwired
Pan Global, Corp. Accepts Preliminary Engineering Due Diligence
Report on 2nd Potential Small-Hydro Plant Acquisition
CARSON CITY, NV--(Marketwired - Feb 11, 2014) - Pan Global,
Corp. (OTCQB: PGLO) (the "Company") today announces it has recently
received and accepted the preliminary engineering due diligence
report for a second potential acquisition of a small-hydro plant in
northern India. This plant has a capacity of 9.5MW and the report
was prepared for the Company by Tractebel Engineering Pvt. Ltd.
(http://www.tractebel-engineering-gdfsuez.com/).
Company management commented, "We remain confident that we will
successfully complete our first small-hydro plant acquisition, and
we continually seek opportunities to reach our goal of creating a
portfolio of green energy projects. The results of this
preliminary engineering report by Tractebel encourage us to
continue the process of reviewing this second small-hydro plant as
a potential acquisition."
The Company expects to receive the final Tractebel engineering
due diligence report for this project shortly, which, if
satisfactory to the Company, will be followed by legal and
accounting due diligence performed by the same teams that undertook
this work for the Company's currently underway staggered
acquisition of a 5.7MW small-hydro project in northern India.
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
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"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
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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
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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
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