New Global Energy, Inc. Retains CIM Securities as Investment Banker
CHEYENNE, Wyoming, September 24, 2015 /PRNewswire/ --
New Global Energy, Inc. (OTCPK: NGEY) announced today that it has signed a financial and strategic advisory agreement with CIM Securities LLC, (www.cimsecurities.com), a FINRA registered investment banking firm focused on providing capital raising and strategic advisory services to micro-cap and small-cap companies.
"New Global's financing agreement with CIM should result in meeting our near term financing goals and, going forward, there is no question that the investment banking team at CIM has a proven track record of structuring and closing acquisitions and related financings for its clients. We have identified a few potential opportunities for our Company to dramatically improve our asset base through the acquisition or development of farms that have valuable aquaculture infrastructure together with unused acreage that can be irrigated with water discharged from fishponds and used to organically raise crops. CIM has the knowledge and years of successful investment banking performance to structure merger and acquisitions that I believe our target candidates will find attractive. This should result in the rapid expansion of our production capacity," said New Global Energy's CEO Perry West.
About New Global Energy, Inc.
New Global Energy, Inc. (www.newglobalenergy.net ) is a public company focused on acquiring high-growth firms, assets and properties in the Aqua-Farming, Agriculture, and Health & Wellness industries. The trading symbol is NGEY traded on the OTCPK. New Global Energy seeks to create sustainable projects and protect the environment.
About CIM Securities
CIM Securities is an independent investment bank that serves micro-cap and small-cap companies by providing capital raising solutions and also merger and acquisition services for companies seeking growth capital or services. CIM Securities also caters to institutional and high net worth individual investors providing comprehensive brokerage and money management solutions through its parent company, Choice Investment Management, a registered investment advisory firm.
Safe Harbor Statement
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Contact: Charlotte Luer
[email protected]
+1-239-404-6785
SOURCE New Global Energy, Inc.
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