Symbol: SKYH:OTC Markets
VANCOUVER, July 19, 2013 /CNW/ - Sky Harvest Windpower Corp. ("Sky Harvest" or the "Company") is pleased to announce that it is proceeding with a financing consisting of the sale of up to 3,000,000 units at a price of $0.25 each. Each unit consists of one share of common stock and one non-transferable share purchase warrant entitling the holder to acquire an additional share of common stock of the Company for a period of nine months from the Closing Date at $0.30
Sky Harvest will use the proceeds of the financing to fund operation and development of its newly acquired vertical axis wind turbine business, as well as for general working capital.
Sky Harvest invites shareholders and other interested parties to visit its website located at www.skyharvestwind.com or contact Sky Harvest at 604-267-3041 locally or toll-free at 1-877-700-7021.
SKY HARVEST WINDPOWER CORP.
William Iny, President
Sky Harvest Windpower Corp. is a United States and British Columbia reporting issuer involved in development stage wind power projects located in southwest Saskatchewan, Canada, as well as the design, manufacture, and sale of vertical axis wind turbines.
Safe harbor for Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements. Forward-looking statements may include financial and other projections, as well as statements regarding the Company's future plans, objectives or economic performance, or the assumptions underlying any of the foregoing. The Company uses words such as "may", "would", "could", "will", "likely", "expect", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate" and similar expressions to identify forward-looking statements. Any such forward-looking statements are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. However, whether actual results and developments will conform to the Company's expectations and predictions is subject to a number of risks, assumptions and uncertainties. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from those indicated. Forward looking statements in this press release include the following: that the Company will complete its proposed financing; that the proceeds of the offering will be spent as currently intended; and that the Company will be able to raise financing sufficient to develop its vertical axis wind turbine manufacturing business. Factors which may delay or prevent these forward looking statements from being realized include that we may not be able to raise sufficient funds to expand our operations and that our Board of Directors reserves the right to change the use of proceeds relating to the financing. Readers should refer to the risk disclosures outlined in the Company's periodic reports filed from time to time with the United States Securities and Exchange Commission on EDGAR at www.sec.gov and with the British Columbia Securities Commission at www.sedar.com.
The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1933 and any other applicable securities laws. This news release does not constitute an offer to sell, or the solicitation of an offer to buy, the securities, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
SOURCE: Sky Harvest Windpower Corp.
Sky Harvest at 604-267-3041 locally or toll-free 1-877-700-7021