DGAP-News: Alter Energy Group appoints auditor
(firmenpresse) - DGAP-News: Alter Energy Group AG / Key word(s): Miscellaneous
Alter Energy Group appoints auditor
14.02.2011 / 14:30
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Alter Energy Group appoints auditor
Zurich Switzerland - February 14, 2011
ALTER ENERGY GROUP AG ('AEG') (Frankfurt Stock Exchange Ticker Symbol: 39f;
WKN: A0MW07; ISIN: CH0032424969) announces that on February 4th 2011 it
accepted Moore Stephens Zurich as its statutory auditor.
Under terms of the appointment Moore Stephens Zurich will provide local
GAAP and IFRS audits for AEG. The expected completion of the statutory
audits is late February or early March with IFRS conversion to occur soon
thereafter.
Edward J. Klaeger IV, CEO of AEG stated, 'The appointment of Moore Stephens
Zurich as our statutory auditor allows AEG to be in Swiss statutory
compliance and comply with auditing requirements for a publicly listed
company. The audits will increase transparency and provide the reporting
requirements for our planned up-listing application from the Open Market to
Entry Standard, for which we are currently initiating the preparation of
the Prospectus. We expect more positive news in this regard in the near
future.'
About AEG: AEG is a Zurich-based publicly traded Swiss company with
emerging market operations in Ukraine. AEG develops, acquires, and invests
in alternative and renewable energy projects and companies. The current
target market is Ukraine with expansion into established markets such as
the U.S., Canada and Germany with penetration into other emerging markets
currently in development.
About the Moore Stephens network: With over 600 offices worldwide Moor
Stephens is a second tier international audit company with experience in
public company audits for various exchanges around the world, including the
Frankfurt Stock Exchange.
Contact
Investor Relations:
info(at)alterenergygroup.com
Website:
www.alterenergygroup.com
www.moorestephens.com
Forward-Looking Statements
Statements in this press release may constitute forward-looking statements
and are subject to numerous risks and uncertainties, including the
Company's current and future capital needs, any actions by the Company's
partners that may be adverse to the Company, the success of competitive
products, other economic factors affecting the Company and its markets, and
other risks. The actual results may differ materially from those contained
in this press release. The Company disclaims any obligation to update any
statements in this press release.
End of Corporate News
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112087 14.02.2011
Datum: 14.02.2011 - 14:30 Uhr
Sprache: Deutsch
News-ID 33200
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