DGAP-News: CASSONA SE: CASSONA after the handover: The oil production in Canada is evaluated as currently its most promising investment project
(firmenpresse) - DGAP-News: CASSONA SE / Key word(s): Strategic Company
Decision/Investment
CASSONA SE: CASSONA after the handover: The oil production in Canada
is evaluated as currently its most promising investment project
11.12.2013 / 13:05
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The new management team under the CEO Guido Quadri and the CFO Thomas
Baumgartner has started work. The investment in Alberta looks like its
greatest potential for success.
Frankfurt (11 December 2013) - The new management team of CASSONA SE has
started work and closely reviews every investment project. Only one week
after the general assembly the new CEO Guido Quadri makes a first
statement: 'After gaining an initial overview within the last few days, I
am glad that we have significant assets with our investment in Alberta. On
top of that there are additional very promising projects of CASSONA that we
will examine one by one in the upcoming weeks.'
CASSONA is the owner of an investment project in the Province of Alberta in
Canada in the production of oil and gas. In the fiscal year 2013 detailed
geological and geophysical surveys have been carried out to better locate
the deposits of the resources. Simultaneously the negotiations to build a
strategic alliance for the exploration of the area have been successful. It
is expected that the oil production might start within the first quarter of
2014.
CASSONA is an investment corporation for targets of the business sectors
natural resources, mining and infrastructure. CASSONA is a European
corporation with domicile in Frankfurt Main. The shares are listed at the
regulated market of GXG Markets and they are traded at the Open Market of
Frankfurt Stock Exchange FWB and at Berlin Stock Exchange (ISIN
DE000A1C6T63).
CASSONA SE Schubertstr. 14 60325 Frankfurt Main Germany
ir(at)cassona.de www.cassona.de
This announcement contains forward-looking statements that are based on
current assumptions and forecasts of the management of CASSONA SE. Known
and unknown risks, uncertainties and other factors could lead to material
differences between the forward-looking statements given here and the
actual development, in particular the results, financial situation and
performance of our company. The company assumes no liability to update
these forward-looking statements or to conform them to future events or
developments.
(c) 2013 CASSONA SE is a European corporation in the legal form societas
europaea (SE) with headquarters in Frankfurt am Main, country of origin
Germany and first quotation at the Danish stock exchange GXG Markets A/S in
the EU regulated market segment GXG Official List.
End of Corporate News
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11.12.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CASSONA SE
Schubertstrasse 1460325 Frankfurt
Germany
Phone: 030 6150 82 151
Fax: 030 6150 82 152
E-mail: info(at)cassona.de
Internet: www.cassona.de
ISIN: DE000A1C6T63
WKN: A1C6T6
Listed: Freiverkehr in Berlin; Frankfurt in Open Market ; GXG
End of News DGAP News-Service
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244252 11.12.2013
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Datum: 11.12.2013 - 13:05 Uhr
Sprache: Deutsch
News-ID 323335
Anzahl Zeichen: 5101
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Kategorie:
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