Symbol: SKYH:OTC Markets
VANCOUVER, Jan. 21, 2014 /CNW/ - Sky Harvest Energy Corp. announces that it has been advised by the British Columbia Securities Commission ("BCSC") that the Company is the subject of a promotional initiative by several newsletter writers. The material being distributed contains overly promotional language pertaining to the Company's business, activities, and future prospects. The distribution of this material coincides with, and appears to have affected, a significant increase in the volume of trading activity in the Company's shares beginning January 13, 2014.
These newsletters were not authorized by the company or any of its officers and directors and are not endorsed by any of them. The Company and its officers and directors only became aware of the issuances by the letter writers when advised by the BCSC, which letters were noticed as privately paid and engaged. The Company, and its officers and directors, have not engaged and are not engaging any letter writers or investor relations activity. Neither the Company nor its directors or officers are or were aware of nor are or were engaged in nor participated or participate in any of the engagement, creation, payment or distribution of the newsletters. From disclaimers by the letter writers, Entourage Media Inc. and EGM Firm Inc. are noticed as having paid for and engaged the letter writers. Neither the Company, nor any of its officers and directors, knows who are the beneficial owners or control persons of these entities. Neither the Company, nor any of its officers and directors, are aware if the entities have shares in the Company, nor are they aware of who their representatives are. The Company, its officers and directors, and employees confirm that they did not participate in, or benefited from, trading in the shares of the Company while the newsletters were disseminated.
The Company encourages anyone interested in the Company to review the Company's filings with the Securities and Exchange Commission (US) or on SEDAR (Canada).
William Iny, President & CEO
Harry Bauskin, Director
Patricia J. Shorr, Director
Greg Yanke, Director
Sky Harvest Energy Corp. is a United States and British Columbia reporting issuer involved in the design and manufacture of vertical axis wind turbines and in the development of wind power projects located in southwest Saskatchewan, Canada.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipates", "believes", "estimates", "expects", "intends" and similar expressions, as they relate to Sky Harvest or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of various factors. Sky Harvest does not undertake any obligation to update such forward-looking statements. Investors are cautioned to consider all other risks and uncertainties affecting the company, including those in its filings made with the Securities and Exchange Commission.
For further information: Sky Harvest at 604-267-3041 locally or toll-free 1-877-700-7021
SOURCE: Sky Harvest Energy Corp.
For further information:
Sky Harvest at 604-267-3041 locally or toll-free 1-877-700-7021