Consolidation Accomplished
NewStream Power Applied sciences Group Inc. (OTCMKTS:NSGP)
DENVER, CO, USA, October 24, 2023 /EINPresswire.com/ — NewStream Power Applied sciences Group, Inc., (OTC: NSGP) (“NewStream” or the “Firm”), introduced at this time that it has finalized the consolidation of a number of market main applied sciences beneath NewStream.
NewStream is happy to announce that it has finalized the consolidation of NewStream Power Know-how Group Inc. (Wyo) by way of the issuance of 275,000,000 frequent shares. The finalization of this beforehand introduced transaction is a serious milestone within the revised marketing strategy for the Firm. The NewStream expertise platform of confirmed applied sciences and tasks are on the slicing fringe of decarbonization, carbon seize, hydrogen manufacturing, and renewable pure gasoline manufacturing. NewStream’s first two tasks are a $120M renewable pure gasoline venture in Mexico and a $650M carbon seize “Blue” Hydrogen venture in Wyoming.
Robin Eves, CEO, said “Consummation of this transaction could be very important and represents the finalization of the restructuring of our firm. Along with the completion of the merger we’re happy to announce the appointment of Patrick Imeson as Govt Chairman. Over the approaching months we anticipate to announce further progress in bringing our portfolio of world class applied sciences to market and additional additions to strengthen our board and administration workforce to facilitate the execution of our marketing strategy”
About NewStream Power Applied sciences Group Inc.
NewStream Power Applied sciences Group Inc. is a longtime platform expertise firm that owns and has world licenses for transformative, confirmed, vitality era applied sciences for carbon seize, sequestration and decarbonization to supply cleaner, decrease price energy and different worthwhile byproducts.
This press launch incorporates forward-looking statements inside the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended, that are meant to be coated by the ‘secure harbor’ created by these sections. All statements on this launch that aren’t based mostly on historic reality are ‘ahead wanting statements.’ These statements could also be recognized by phrases comparable to ‘estimates,’ ‘anticipates,’ ‘tasks,’ ‘plans,’ ‘technique,’ ‘aim,’ or ‘deliberate,’ ‘seeks,’ ‘could,’ ‘may’, ‘will,’ ‘expects,’ ‘intends,’ ‘believes,’ ‘ought to,’ and comparable expressions, or the damaging variations thereof, and which additionally could also be recognized by their context. All statements that tackle working efficiency or occasions or developments the Firm expects or anticipates will happen sooner or later, such because the closing of transactions, said targets or targets, refinement of technique, makes an attempt to safe further financing, exploring enterprise alternate options, or that aren’t in any other case historic details, are forward-looking statements. Whereas administration has based mostly any forward-looking statements included on this launch on its present expectations, the data on which such expectations had been based mostly could change. Ahead-looking statements contain inherent dangers and uncertainties which may trigger precise outcomes to vary materially from these within the forward-looking statements on account of numerous components, together with these dangers and uncertainties described in or implied by the Danger Components and different sections of experiences filed occasionally with the Securities and Trade Fee (‘SEC’). We urge you to contemplate these dangers and uncertainties in evaluating our forward-looking statements. We warning readers to not place undue reliance upon any such forward-looking statements, which converse solely as of the date made. Besides as in any other case required by the federal securities legal guidelines, we disclaim any obligation or endeavor to publicly launch any updates or revisions to any forward-looking assertion contained herein (or elsewhere) to replicate any change in our expectations with regard thereto, or any change in occasions, circumstances, or circumstances on which any such assertion is predicated.
Aiden Neary
NewStream Power Applied sciences Group Inc.
aiden.neary@nsetgroup.com
