Scottsdale 12/19/2013 4:00:00 AM
News / Finance

QualityStocks News - Pan Global (PGLO) Grows Vision for Global Green Energy, Beginning with India

QualityStocks would like to highlight Pan Global Corp. (OTCQB: PGLO), focused on building the world’s green economy by developing, building, owning, and operating the necessary infrastructure. Current opportunities are currently concentrated on developing projects in India, specifically in the areas of hydro-power generation, solar PV, geo-thermal, sustainable agriculture, and green construction.

In the company’s news,

Pan Global’s mission is to support the future health of the planet and sustainability of the environment. The company is dedicated to developing and supporting innovative solutions for the basic infrastructure of green energy projects around the world.

While the company’s current focus is on mini-hydro projects in India, its vision is worldwide. Earlier this month, Pan Global completed the first tranche of the first closing of its ongoing staggered acquisition of Regency Yamuna Energy Ltd. (RYEL), a private Indian corporation commissioning a 5.7 MW small-hydro project in northern India.

The acquisition is being conducted through Pan Global’s wholly owned subsidiary, Pan Asia Infratech Corp.

Pan Global has also identified several other projects in India for which it is exploring immediate opportunities that demonstrate high return on investment (ROI):

•    Development of small hydro-power generation projects
•    Development of solar photovoltaic (PV) projects
•    Development of agriculture under controlled growing conditions
•    Development of mega-watt scale geo-thermal power projects
•    Development of green buildings

The company continues to work toward its goal of becoming a leading player in the green economy by developing, building, owning and operating green infrastructure, one project at a time.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.