NEW YORK, NY -- 11/02/09 --
Novo Energies Corporation (OTCBB: NVNC)
("Novo" or the "Company"), an alternative energy Company, announced today
that the Company's Vice President Corporate Finance and Communications, Mr.
Faisal Butt has been invited to speak at the "3rd Annual Essential
CleanTech Investor Summit 2009" to be held on November 10, 2009 at Park
Plaza Victoria in London, UK.
Mr. Butt will be speaking on the topic "CleanTech Companies: Financing
Development and Growth" alongside executives from Sterecycle, a UK based
private waste management company specializing in the treatment and
recycling of municipal wastes, funded by Goldman Sachs, Fidelity
International, Impax Environmental and Ailsa3 Ventures, Plastinum Polymer
Technologies Corporation, a US based public company that recycles mixed
plastic streams to produce hi-tech virgin plastic and Bluewater Bio
International, a UK based private global specialist in the treatment of
waste water. "I am delighted to be a part of an event of this caliber.
This event will provide Novo Energies a platform to convey its medium and
long term goals to the industry and pave Novo's way into Europe's energy
and capital markets," said Faisal Butt.
The Essential CleanTech Investor Summit is Europe's leading event for
global investors, innovators and dealmakers in environmental technology and
clean energy. Over 400 executives, investors, financiers and dealmakers
are expected to attend the Summit.
More information about the Summit can be found at:
http://www.newenergyworldnetwork.com/essential_cleantech/index.html
Mr. Butt joined Novo Energies in 2009 as Vice President Corporate Finance.
As a member of the management team, his responsibilities included assisting
the company structuring its business model, capital structure and
technological evaluation. He has also played a pivotal role in developing
Novo's brand and showcasing the company and its vision on several arenas.
Faisal initiated his career in the financial services industry with Alegro
Capital; a London based financial advisory and M&A firm. His primary focus
at Alegro Capital was mergers and acquisitions, restructuring for the
European Retail, TMT and Energy sector. He worked on several key
transactions which included clients such as Tengelmann Group and Belgacom
SA.
Prior to this, Mr. Butt worked in various capacities in New York and
Montreal in the financial services sector. He completed his Advance Level
studies in Economics and Mathematics from University of Cambridge, UK. He
graduated from McGill University, Montreal Canada with a bachelor in
Finance and Economics.
"We are honored that the Summit has asked Faisal, as a representative of
Novo Energies, to be a speaker alongside many illustrative speakers who
will be presenting on cutting edge clean technologies. The Summit will
permit Novo to relay its commitment to its shareholders and the environment
at a world class venue," said Antonio Treminio, CEO & Chairman.
About Novo Energies Corporation
Novo is a public company trading on the Over the Counter Bulletin Board
Market ("OTCBB") under the symbol NVNC, with offices in New York, NY,
Montreal and Quebec City. The Company's mission is to continue expanding
within the renewable energy sector by developing and implementing renewable
energy solutions while maintaining its commitment to conserve energy,
natural resources and help reduce pollutants and unwanted wastes. Based
upon a novel technology, Novo's wholly owned subsidiary WTL Renewable
Energy, Inc. will plan, build, own and operate renewable energy plants
throughout North America that will transform residual plastics and tires to
valuable liquid low carbon fuels such as diesel, gasoline and fuel
additives.
Forward-Looking Statements
Except for statements of historical fact, this news release contains
certain "forward-looking statements" as defined by the Private Securities
Litigation Reform Act of 1995, including, without limitation expectations,
beliefs, plans and objectives regarding the development, use and
marketability of products. Such forward-looking statements are based on
present circumstances and on the Company's predictions with respect to
events that have not occurred, that may not occur, or that may occur with
different consequences and timing than those now assumed or anticipated.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors, and are not guarantees of future
performance or results and involve risks and uncertainties that could cause
actual events or results to differ materially from the events or results
expressed or implied by such forward-looking statements. Such factors
include general economic and business conditions, the ability to
successfully develop and market products, consumer and business consumption
habits, the ability to fund operations and other factors that the Company
has little or no control. Such forward-looking statements are made only as
of the date of this release and the Company assumes no obligation to update
forward-looking statements to reflect subsequent events or circumstances.
Readers should not place undue reliance on these forward-looking
statements. Risks, uncertainties and other factors are discussed in the
Form 10-K of the Company for the fiscal year end August 31, 2008, and other
documents filed from time to time by the Company with the Securities and
Exchange Commission.
For further information, please contact:
Mr. Antonio Treminio
Chairman and Chief Executive Officer
New York Tel: +1-212-315-9705
Montreal: +1-514-840-3697
Email Contact
www.novoenergies.com
