Nass Valley Gateway Ltd. Issues Correction to Corporate Update News Release
Deutsche Borse, Frankfurt: 3NVN
Germany: WKN A1JVHM/
VANCOUVER, Oct. 31, 2013 /CNW/ - Nass Valley Gateway Ltd. (the "Company" or "Nass Valley") today corrected one item in its news release issued on October 4, 2013. The release incorrectly stated that the shareholders had passed a resolution approving and ratifying the number of shares reserved for issuance under the Company's stock option plan as 1,489,152 shares. In fact, under the Stock Option Plan, the number of common shares reserved for issuance upon the exercise of stock options is 10% of the issued and outstanding common shares at the date of the grant.
ABOUT NASS VALLEY GATEWAY LTD.
Since 2011, Nass Valley is focused on developing, marketing and establishing environmentally responsible Energy Converting and Waste Disposal Technology, through its subsidiary, Global Environomic Systems Corp. ("GSC"). Nass Valley progressed in 2012 on specific multiwave technology applications through its subsidiary, M-Wave EnviroTech Inc. which has installed North America's first demonstration and production unit in British Columbia, Canada. Nass Valley views both of its environmentally responsible technologies as State Of The Art Systems.
Nass Valley Gateway and its subsidiaries are devoted to building value for their shareholders and employees, contributing to the improvement of the communities in which they operate through employment creation, and implementing sustainable practices designed to preserve and enhance our environment.
The CNSX has not reviewed, and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
SOURCE Nass Valley Gateway Ltd.For further information:
Dieter Peter, President & CEO, Phone: 604-685-4170