DGAP-News: Pembleton Minerals Sees Potential Impact from Japanese Nuclear Reactor Crisis
(firmenpresse) - DGAP-News: Pembleton Minerals&Matallugical Co.Ltd. / Key word(s):
Miscellaneous
Pembleton Minerals Sees Potential Impact from Japanese Nuclear Reactor
Crisis
23.03.2011 / 15:30
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Pembleton Minerals Sees Potential Impact from Japanese Nuclear Reactor
Crisis
Toronto, Canada - March 22, 2011
Pembleton Minerals and Metallurgical Co. Ltd. (Pembleton): Deutsche Börse
symbol: 7PB (www.pembletonminerals.com), anticipates that the Fukushima
Dai-Ichi plant disaster may have an impact on the proliferation of nuclear
energy around the world.
Company management foresees that many nuclear projects may be delayed while
waiting to see the outcome of the Fukushima Dai-Ichi tragedy. The crisis
in Japan could delay plans for a new generation of British nuclear power
stations, dealing a blow to that country's atomic energy industry's hopes
for a£30bn boost. Anti-nuclear campaigners are demanding government
suspend Britain's plans for new nuclear build until a full safety review is
carried out following the Japanese disaster.
Despite the British government's avowed faith in nuclear power, it has
responded to public anxiety and asked the chief nuclear inspector, Mike
Weightman, to produce a report on the implications of the situation in
Japan.
Germany has ordered the temporary shutdown of the country's seven oldest
nuclear reactors while authorities conduct safety probes. Similar
anti-nuclear protesting in other countries may result in similar rethinking
of nuclear power.
The Company foresees that these delays and potential cancellations may
result in greater reliance on coal fired power plants moving forward in
some regions, especially in countries where there is strong public opinion
against nuclear power.
These developments may result in higher coal prices in the future, to the
benefit Pembleton.
Disclaimer&Safe Harbor Statement:
This release may contain certain 'forward-looking statements' with respect
to certain of Pembleton Minerals and Metallurgical Co. Ltd.'s plans, goals
and expectations regarding its future financial condition, performance,
results, strategy and objectives. Words such as 'anticipates', 'expects',
'intends', 'plans', 'believes', 'seeks', 'estimates', 'may', 'could',
'would', 'might', 'will' and variations of these words or similar
expressions are intended to identify forward-looking statements. In
addition, any statements that refer to expectations, beliefs, plans,
projections, objections, performance or other characterizations of future
events or circumstances, including any underlying assumptions, are
forward-looking statements. Forward-looking statements in this press
release are not promises or guarantees of future performance and are
subject to risks and uncertainties that could cause Pembleton Minerals and
Metallurgical Co. Ltd.'s actual results to differ materially from those
anticipated. Pembleton Minerals and Metallurgical Co. Ltd. cautions the
reader not to place undue reliance upon any such forward-looking
statements. These forward-looking statements involve known and unknown
risks as well as uncertainties, including those discussed herein as well as
the following: (i) domestic and global economic and business conditions;
(ii) market related risks and the performance of financial markets
generally; (iii) the policies and actions of regulatory authorities; (iv)
the impact of competitive factors; (v) risks and uncertainties associated
with future acquisitions or combinations within relevant industries; and
(vi) changes in capital, solvency or accounting standards as well as tax
and other relevant legislation or regulations in the jurisdictions in which
Pembleton Minerals and Metallurgical Co. Ltd. operates. The actual results
that Pembleton Minerals and Metallurgical Co. Ltd. achieves may differ
materially from any forward-looking statements which are based on
management's beliefs and opinions at the time the statements are made.
Pembleton Minerals and Metallurgical Co. Ltd. does not undertake any
obligation to update forward-looking statements should circumstances or
management's beliefs or opinions change.
For further information please contact:
Pembleton Minerals and Metallurgical Co. Ltd.
100 Consillium Place
Suite 200
Scarborough, ON
M1H 3E3
Email: info(at)pembletonminerals.com
End of Corporate News
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116656 23.03.2011
Datum: 23.03.2011 - 15:30 Uhr
Sprache: Deutsch
News-ID 33554
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Kategorie:
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