Clean Power Concepts Extends MOU with Chongqing Grain Group
March 28 2011 - 4:36PM
Business Wire
Clean Power Concepts Inc. (OTCBB:CPOW) is pleased to
announce that having successfully hosted a delegation from
Chongqing Grain Group in western Canada over the past week, where
several potential site locations were reviewed; all parties have
agreed to extend the Memorandum of Understanding instrument for 45
business days to allow Chongqing to conclude their preliminary
evaluation, and obtain approval from their appropriate Chinese
authority.
Clean Power Concepts is a producer of Canola Oil, Canola
Feed Meal, Eco-Lubricants, Bio-Chemicals and Additives and
renewable fuels. The Company manufactures and markets products
under CLEAN POWER CONCEPTS® and MOPO® brands. More
information may be obtained at URL www.cleanpowerconcepts.com
Certain information contained in this press release, including
any information as to our strategy, plans or future financial or
operating performance and other statements that express
management's expectations or estimates of future performance,
constitute "forward-looking statements." All statements, other than
statements of historical fact, are forward-looking statements. The
words "believe," "expect," "will," "anticipate," "contemplate,"
"target," "plan," "continue," "budget," "may," "intend,"
"estimate," "project" and similar expressions identify
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements, including, but not limited to, certain cost adjustments
and/or delays beyond the company's control with respect to bio
energy manufacturing operations, changes in the worldwide price of
agricultural commodities, crude oil, and/or certain other
commodities; regulatory, legislative, political or economic
developments in the jurisdictions in which the Company carries on
business; operating or technical difficulties in connection with
bio energy manufacturing operations or development activities;
employee relations; transportation logistics; and the
unpredictability of risks involved in the newly developing bio
energy industry. The Company disclaims any intention or obligation
to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise, except as
required by applicable law.