PGLO Pan Global Corporation (PK)

CARSON CITY, NV--(Marketwired - Jan 21, 2014) - Pan Global, Corp. (OTCQB: PGLO) (the "Company") today announces that it has commenced preliminary discussions with a key developer in India's geothermal industry about forming a potential partnership involving Pan's investment in a geothermal power plant in India.

According to the developer, most of the steps required for bringing the geothermal power plant up to construction-ready status have been completed and that construction of the plant could begin shortly upon the closing of an adequate financing.

Management commented, "The Company has previously indicated that one of its focus areas within the renewable energy sector is geothermal energy production, so we are very pleased to be able to report about our entry into preliminary discussions on this front to our shareholders."

The Company will evaluate this opportunity and conduct customary due diligence and negotiations while continuing to provide updates as plans develop.

About Pan Global, Corp.

Pan Global, Corp., through its wholly-owned subsidiary, Pan Asia Infratech, Corp., is focused on environmentally sustainable energy, infrastructure and technologies. Our aim is to invest in green energy technology and infrastructure to build an inclusive green economy around the world.

For additional information, please visit: www.panglobalcorp.com, the contents of which are not incorporated into this press release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

The foregoing contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws relating to forward-looking statements. These forward-looking statements include statements relating to, or representing management's beliefs about, our future transactions, strategies, operations, events and financial results. Such forward-looking statements often contain words such as "will," "anticipate," "believe," "plan," "estimate," "expect," "intend," "is targeting," "may," "should" and other similar words or expressions. Forward-looking statements are made based upon management's current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those risks and uncertainties described in any of our other filings with the SEC. Certain other factors which may impact our business, financial condition or results of operations or which may cause actual results to differ from such forward-looking statements are discussed or included in our periodic reports filed with the SEC and are available on our website at www.panglobalcorp.com under "Investor Info". You are urged to carefully consider all such factors. We do not undertake or plan to update or revise forward-looking statements to reflect actual results, changes in plans, assumptions, estimates or projections, or other circumstances occurring after the date of this news release, even if such results, changes or circumstances make it clear that any forward-looking information will not be realized. If we make any future public statements or disclosures which modify or impact any of the forward-looking statements contained in or accompanying this news release, such statements or disclosures will be deemed to modify or supersede such statements in this news release.

Disclaimer: This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.

Contact: Pan Global, Corp. Investor Relations Phone: 877-999-7978 Email: PGLO@panglobalcorp.com

Pan Global (PK) (USOTC:PGLO)
Gráfica de Acción Histórica
De Abr 2024 a May 2024

Pan Global (PK) (USOTC:PGLO)
Gráfica de Acción Histórica
De May 2023 a May 2024