VANCOUVER, Sept. 15, 2009 /CNW/ - LGC Skyrota Wind Energy Corp. ("LGC Skyrota" "the Company") (TSX-V: LGS) announced today that it has engaged Toronto-based BarnesMcInerney Inc. ("BMI") to provide strategic investor relations consulting services. BMI offers a fully integrated suite of products, with a focus on strategic investor relations, initial public offerings, mergers & acquisitions, roadshow marketing, corporate communications and new media solutions.
The Company's engagement of BMI coincides with its recently completed acquisition of Limavady Gear Company ("LGC"), a leading European provider of wind turbine maintenance services.
"As a newly combined company, LGC Skyrota is at the forefront of the rapidly expanding wind energy sector," said Ken Barnes, Managing Partner, BMI. "As both a developer of innovative 5 kW high-efficiency vertical-axis wind turbines and a provider of wind turbine maintenance services, the Company has enormous market potential and strong prospects for future growth. We look forward to helping LGC Skyrota achieve its business objectives and communicate its growth strategy to the investment community."
"We are excited to begin working with BarnesMcInerney, Canada's premier investor relations consulting firm," said Thomas Braun, CEO of LGC Skyrota. "Their experience, expertise and vast network of contacts will help us to expand our investor base as we execute our growth strategy and move forward in the wind energy sector as a unified company."
BMI was engaged by LGC Skyrota on September 1, 2009. The Company will pay BMI a monthly fee of $5,000 for professional services for a period of 12 months. Neither BMI nor any of its employees holds an interest, directly or indirectly, in LGC Skyrota, nor any right or intent to acquire such an interest. This agreement is subject to acceptance by the TSX Venture Exchange.
About LGC Skyrota Wind Energy Corp.
LGC Skyrota Wind Energy Corp. is a leader in the development and maintenance of clean-energy producing wind turbines. With operations based in Northern Ireland and executive offices located in Vancouver, B.C., the Company is well-positioned to expand throughout Europe and enter the North American market. The Company operates two business divisions: LGC, which rebuilds gearboxes for large wind turbines, and Skyrota, which manufactures a revolutionary 5kW small vertical-axis wind turbine. LGC Skyrota trades on the TSX Venture Exchange under the symbol LGS. For more information, please visit www.limgear.com and www.skyrota.com. (Note that these websites contain product information only - a new investor-friendly website, www.lgcskyrota.com, will be launched in October 2009.)
About BarnesMcInerney Inc.
BarnesMcInerney Inc. is Canada's premier investor relations consulting firm. Over the past 20 years, BarnesMcInerney has served the needs of more than 500 leading public companies in every sector of Canada's capital markets. By building strong relationships with its clients and the investment community, BarnesMcInerney provides effective strategic consulting, shareholder outreach and communications services, all supported by leading-edge multi-media capabilities. For further information on BarnesMcInerney visit www.barnesmcinerney.com.
Forward Looking Statements
This news release contains statements and information that, to the extent that they are not historical fact, may constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. A complete discussion of risk factors is available in the Company's prospectus available on SEDAR.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE LGC SKYROTA WIND ENERGY CORP.
For further information: For further information: Thomas Braun, CEO, LGC Skyrota Wind Energy Corp., Telephone: (604) 605-1635