DGAP-News: Greenworld Wind Power Executes Recapitalization

DGAP-News: Greenworld Wind Power Executes Recapitalization

ID: 34671

(firmenpresse) - DGAP-News: Greenworld Wind Power Co.Ltd. / Key word(s): Corporate
Action
Greenworld Wind Power Executes Recapitalization

25.07.2011 / 11:45

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Greenworld Wind Power Executes Recapitalization

Toronto, Canada -- July 21, 2011 Greenworld Wind Power Co. Ltd. (Greenworld
Wind): Deutsche Börse symbol: GWDA (www.greenworldpower.ca), advised today
that it has executed a reverse stock split on the basis of 1 new share for
every 100 shares outstanding as of the date of record, July 18, 2011. This
recapitalization required a temporary halt in trading while the reverse
split was executed, and during which time the Company was issued a new
ticker symbol, ISIN number and WKN number, as indicated below.

Ticker Symbol: GWDA
ISIN: CA39741T2074
WKN: A1JHF8

Disclaimer&Safe Harbor Statement:

This release may contain certain 'forward-looking statements' with respect
to certain of Greenworld Wind Power 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 Greenworld Wind Power
Co. Ltd.'s actual results to differ materially from those anticipated.




Greenworld Wind Power 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 Greenworld Wind Power Co. Ltd.
operates. The actual results that Greenworld Wind Power 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.
Greenworld Wind Power 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:

Greenworld Wind Power Co. Ltd.
100 Consillium Place
Suite 200
Scarborough, ON
M1H 3E3

Email: info(at) greenworldpower.ca


End of Corporate News

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25.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory 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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133039 25.07.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 25.07.2011 - 11:45 Uhr
Sprache: Deutsch
News-ID 34671
Anzahl Zeichen: 0

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Kategorie:

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