Bluescout Technologies Ltd. (TSXV:CTW)
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MANASSAS, VA, July 28, 2011 /CNW/ --
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
MANASSAS, VA, July 28, 2011 /CNW/ - Catch the Wind Ltd. (TSXV: CTW),
providers of laser-based wind sensor products and technology, announced
today that it has filed an amended and restated final short form
prospectus with regulatory authorities in Ontario, Alberta, and British
Columbia, in connection with its previously announced best efforts
offering of units and common shares of the Company. The final short
form prospectus filed on June 27, 2011 was amended to reflect the
developments announced by the Company in its July 18, 2011 press
release.
The offering is expected to close on or about August 5, 2011.
The offering is subject to certain conditions including, but not limited
to, the receipt of all necessary approvals, including the approval of
the TSX Venture Exchange and securities regulatory authorities.
A copy of the amended and restated prospectus will be available under
the Company's profile on SEDAR at www.sedar.com.
This press release is not an offer to sell or the solicitation of an
offer to buy the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to qualification or
registration under the securities laws of such jurisdiction. The
securities being offered have not been, nor will they be, registered
under the United States Securities Act of 1933, as amended, and such
securities may not be offered or sold within the United States or to,
or for the account or benefit of, U.S. persons absent registration or
an applicable exemption from U.S. registration requirements.
About Catch the Wind Ltd.
Catch the Wind Ltd. is a high-growth technology company headquartered in
Manassas, Virginia. The Company was founded in 2008 to develop and
manufacture the Vindicator(®) laser wind sensor.
Catch the Wind serves the commercial market sector for laser based wind
sensor systems, recognized as the "gold standard" in wind measurement.
The Company is focused on becoming a major contributor in making clean,
renewable wind energy more affordable and profitable. For more
information, visit www.catchthewindinc.com.
Forward-Looking Information
This news release includes certain forward-looking statements within the
meaning of Canadian securities laws. Forward-looking statements involve
risks, uncertainties and other factors that could cause actual results,
performance, prospects and opportunities to differ materially from
those expressed in such forward-looking statements. Forward-looking
statements in this news release, include, but are not limited to,
economic performance and future plans and objectives of Catch the Wind.
Any number of important factors could cause actual results to differ
materially from these forward-looking statements as well as future
results. Although Catch the Wind believes that the assumptions and
factors used in making the forward-looking statements are reasonable,
undue reliance should not be placed on these statements, which only
apply as of the date of this news release, and no assurance can be
given that such events will occur in the disclosed timeframes or at
all. Catch the Wind disclaims any intention or obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
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.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2011/29/c8290.html
table border="0" tr td Catch the Wind Ltd. /td td TMX Equicom /td /tr tr td Claudia Jaques /td td Philip Dale /td /tr tr td Vice President and General Counsel /td td Investor Relations /td /tr tr td 703-393-0754 /td td 416-815-0700 ext. 253 /td /tr tr td a href="mailto:cjaques@catchthewindinc.com"cjaques@catchthewindinc.com/a /td td a href="mailto:pdale@equicomgroup.com"pdale@equicomgroup.co/aa href="mailto:pdale@equicomgroup.com"m/a /td /tr /table