Business
Alter NRG Corp. proposes a 4 for 1 reverse stock split to be voted upon at the Annual General Meeting
TSX - NRG OTCQX - ANRGF CALGARY , May 27, 2014 /CNW/ - Alter NRG Corp. ("Alter NRG"...
About this update from Pinnacle Silver And Gold Corp
[{"type":"text","content":"\n\nTSX - NRGOTCQX - ANRGF\n\n\n\nCALGARY, May 27, 2014 /CNW/ - Alter NRG Corp. (\"Alter NRG\" or the \"Company\") is proposing a 4 for 1 reverse stock split to be voted upon at the upcoming Annual General Meeting on June 13, 2014. Management believes that this is in the best interests of shareholders to attract further market attention and be prepared for the potential addition of exchanges.\n\nWalter Howard, CEO of Alter NRG states that \"Alter NRG has achieved significant milestones and continues to attract commercial attention and new customers worldwide.  However, in the capital markets we are often overlooked and share price is a contributing factor as many investors cannot invest in stocks below a certain price.  I believe that a reverse split will allow a greater number of investors to evaluate an open market investment in Alter NRG and it will also provide us the flexibility to list on an exchange in a larger capital market should we choose to do so.\"\n\nABOUT ALTER NRG\n\nAlter NRG provides alternative energy solutions to meet the growing demand for environmentally responsible and economically viable energy in world markets. Alter NRG's primary objective is to further commercialize the Westinghouse Plasma Gasification Technology, through its wholly owned subsidiary, to provide renewable and clean energy solutions from a wide variety of feedstocks, and to provide a wide variety of energy outputs – including liquid fuels like ethanol and diesel, electrical power, and syngas.\n\nThe Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.\n\nAdvisory Respecting Forward-Looking Statements: \n\nThis news release contains certain \"forward-looking information and statements\" within the meaning of applicable securities laws.  The use of any of the words \"expect\", \"anticipate\", \"continue\", \"estimate\", \"objective\", \"ongoing\", \"may\", \"will\", \"project\", \"should\", \"believe\", \"plans\", \"intends\", \"confident\", \"might\" and similar expressions are intended to identify forward-looking information or statements.  In particular, this new release contains forward looking statements pertaining potential listing on a new exchange and ability for investors to invest in Alter NRG at a different share price.  Various assumptions were used ...