Pan Global, Corp. Provides Update on Its Geothermal Energy Plans
March 27 2014 - 10:31AM
Marketwired
Pan Global, Corp. Provides Update on Its Geothermal Energy Plans
CARSON CITY, NV--(Marketwired - Mar 27, 2014) - Pan Global,
Corp. (OTCQB: PGLO) (the "Company") today provides an update on its
plans for entering the geothermal energy production industry in
India.
On January 21, 2014, the Company announced it had commenced
preliminary discussions with a key developer in India's geothermal
industry about possibly forming a partnership concerning the
Company's investment in a geothermal power plant in
India. Today, the Company reports that that discussions have
progressed positively and both parties expect further discussions
to yield a framework for joining forces on a specific power plant
project.
The Company's Management commented, "We have previously stated
our plans to include geothermal energy as one of the Company's
focus areas within the renewable energy sector. We are pleased to
update our shareholders that our plans regarding geothermal are
progressing."
The Company has not entered into any binding agreement at this
point. The Company will continue to provide updates as it
evaluates this opportunity, conducts customary due diligence and
progress with negotiations.
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
at www.panglobalcorp.com, the contents of which are not
incorporated into this press release.
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Contact Information Pan Global, Corp. Investor Relations Phone:
877-999-7978 Email: PGLO@panglobalcorp.com