Pan Global Corp. Comments on Small Hydro Power Industry Small Hydro May Be Emerging as the Next Big Thing CARSON CITY, NV -- (Marketwired) -- 10/25/13 -- Pan Global, Corp. (OTCQB: PGLO) (the "Company") today discusses reports from various sources around the globe, citing that the small-hydro industry is gaining momentum in popularity as a method of hydroelectric power generation. The Company is aiming to enter the small hydroelectric power market through a recently executed Letter of Intent between its wholly-owned subsidiary, Pan Asia Infratech, Corp., and a private corporation in India to acquire 100% of a 5.7 MW small hydro project in India. The Company's management commented, "We have decided to invest in the Green Economy. We believe small hydro is on the cusp of being a key solution to many of the electricity power generation issues throughout the emerging markets, particularly India. Small hydro provides reliable power output while being less environmental invasive than traditional large-scale hydro projects that use dams, and at a fraction of the cost." The Company cites the following articles and reports from various sources around the globe as providing insight into the growing excitement around small hydro and validating the Company's belief that small hydro power may be emerging as the next big thing in green energy, especially in India. -- "Why Small Hydropower is Making a Big Splash" http://www.thebioenergysite.com/articles/1266/why-small-hydropower-is-m aking-a-big-splash -- "Small Hydropower, a promising technology for rural electrification" http://www.energias-renovables.com/articulo/small-hydropower-a-promisin g-technology-for-rural-20130514 -- "Small Hydro: Small Hydro is Getting BIG" http://www.hydroworld.com/articles/hr/print/volume-30/issue-5/articles/ small-hydro-small-hydro-is-getting-big.html -- "Potential of Small-Scale Hydropower for Electricity Generation in Sub-Saharan Africa" http://www.hindawi.com/isrn/renewable.energy/2012/132606/ -- "Why Small Hydropower Beats Big Dams" http://www.good.is/posts/why-small-hydropower-beats-big-dams -- "Small hydro in India: Bringing power to all" http://www.powerengineeringint.com/articles/print/volume-19/issue-4/pow er-report/small-hydro-in-india-bringing-power-to-all.html -- "Steady Growth in Small Hydro Power..." a report on Small Hydro Power in India by ICRA Limited, An Associate of Moody's Investors Service http://www.icra.in/Files/ticker/SHP%20note-.pdf Further details of the Letter of Intent are available in the Company's Form 8-K filed with the SEC on September 18, 2013 and available free of charge on the SEC's website, www.sec.gov. 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 the Company's website, 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. Contact: Investor Relations Phone: 877-999-7978 Email: PGLO@panglobalcorp.com
Pan Global Corp. Comments on Small Hydro Power Industry
Press spacebar to pause and continue. Press esc to stop.