LAS VEGAS, NV — (Marketwire) — 03/13/12 — Salamon Group, Inc. (“Salamon” or the “Company”) (PINKSHEETS: SLMU) (OTCQB: SLMU) is pleased to announce that it has agreed subject to certain condition to acquire another shareholder group–s interest of common equity of . This additional position when completed will bring holdings of Sunlogics PLC up by 9 million shares.
Michael Matvieshen, CEO, states: “We are very pleased with the interest from . We believe these additional positions complement our desire to build shareholder value, while allowing us to take yet another step in building our business to reflect industry leadership in the global solar marketplace. Ultimately we believe Salamon Group through additional acquisitions of shares will be best positioned to gain control of Sunlogics PLC at some point, if so desired.”
Salamon Group, Inc., through its Sunlogics Power Fund Management, Inc. division, is a solar energy project company specializing in renewable energy power projects. SLMU has a “first right contract” for acquiring Sunlogics PLC and its subsidiaries projects worldwide, including the
For further information, contact , Orsay Groupe, Inc.- 305-515-8077 and/or visit: and
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Mr. William Nalley
Orsay Groupe, Inc.
305-515-8077