DGAP-News: AsiaPac Capital Services Update on Status of Mini-Hydro Projects

DGAP-News: AsiaPac Capital Services Update on Status of Mini-Hydro Projects

ID: 34683

(firmenpresse) - DGAP-News: Asiapac Capital Services Inc. / Key word(s): Miscellaneous
AsiaPac Capital Services Update on Status of Mini-Hydro Projects

26.07.2011 / 11:00

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AsiaPac Capital Services Update on Status of Mini-Hydro Projects

Toronto, Canada - July 26, 2011

AsiaPac Capital Services Ltd.: Deutsche Börse symbol: 5AP. (www
.asiapaccapital.ca), announced today that the Company continues to move
forward on its various mini-hydro projects, under the guidance of Manuel M.
Vergel III, who is the primary consultant for these projects. In summary,
the Upper Siffu and Dicapan river projects are now awaiting the release of
Department of Energy pre-development service contracts before proceeding to
the next steps of implementation, while the Tanudan river project's
comprehensive feasibility study is still ongoing and expected to be
completed in early August.

A detailed status update has been published on the company website.

Disclaimer&Safe Harbor Statement:
This release may contain certain 'forward-looking statements' with respect
to certain of AsiaPac Capital Services 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
AsiaPac Capital Services Ltd.'s actual results to differ materially from
those anticipated. AsiaPac Capital Services 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 AsiaPac
Capital Services Ltd. operates. The actual results that AsiaPac Capital
Services 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. AsiaPac Capital Services 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:

AsiaPac Capital Services Ltd.
Suite 3500
Hudson Bay Center
No. 2 Bloor Street East
Toronto ON
M4W 1A8
Email:
info(at)asiapaccapital.ca
investor(at)asiapaccapital.ca


End of CorporateNews

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26.07.2011 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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133183 26.07.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 26.07.2011 - 11:00 Uhr
Sprache: Deutsch
News-ID 34683
Anzahl Zeichen: 0

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Kategorie:

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