China Wind Power International Corp. (TSX VENTURE:CNW) ("China Wind Power" or
the "Company") was issued a temporary order ("Cease Trade Order") by the Ontario
Securities Commission, pursuant to which all trading in the securities of the
Company cease for a period of 15 days due to a delay in filing the Company's
annual financial statements for the financial year ended March 31, 2012,
management discussion and analysis relating to the annual financial statements,
interim financial statements for the three months ended June 30, 2012,
management discussion and analysis relating to the interim financial statements
and related certifications beyond the prescribed dates. The TSX Venture Exchange
has suspended trading in the Company's securities as a result of the Cease Trade
Order.  


The Company is working diligently to complete the Required Filings as soon as
possible.


About China Wind Power International Corp. 

China Wind Power International Corp. is an Ontario company that is uniquely
positioned to capitalize on the growing demand for wind power in China. The
Company indirectly holds the exclusive rights for wind energy development in Du
Mon County, Heilongjiang Province, which has a demonstrated potential installed
capacity of 1,150 MW of wind energy developable over an area of 612 square km.
While 1,150 MW represents the Company's long-term potential for wind power in
the area, its current plans are for building out approximately 800 MW over five
development phases. The Company's common shares are listed on the TSX Venture
Exchange under the symbol "CNW". 


Caution Regarding Forward-Looking Statements 

Certain statements that are not historical facts made in this press release may
be forward-looking statements subject to risks and uncertainties. Statements
containing words such as "will", "could", "expect", "may", "anticipate",
"believe", "intend", "estimate", "plan" and other similar expressions are
forward-looking statements that represent management's beliefs at the time the
statements are made and are based on certain factors and assumptions including
the ability of the Company to complete the filing of its annual and interim
financial statements and respective management's discussion and analysis on a
timely basis. These forward-looking statements are subject to a variety of risks
and uncertainties and other factors that could cause actual events to differ
materially from those projected in forward-looking statements. Important factors
that could cause actual results to differ materially from the Company's
expectations including uncertainties involving the completion of the Company's
filing of its annual and interim financial statements and respective
management's discussion and analysis and other risks and uncertainties as more
fully described in the Company's in the information circular dated November 2,
2011, its Management's Discussion and Analysis for the 2011 fiscal year and the
three and nine months ended December 31, 2011 and in the Company's other filings
with securities regulatory authorities, which are available under the Company's
profile at www.sedar.com. Readers are cautioned that the foregoing lists of
risks, uncertainties, assumptions and other actors are not exhaustive;
therefore, readers should not place undue reliance on the forward-looking
statements contained herein. Except as required by applicable securities laws,
the Company undertakes no obligation to update any forward looking statement to
reflect events or circumstances after the date on which such statement is made.


China Wind Power International Corp. (TSXV:CNW)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more China Wind Power International Corp. Charts.
China Wind Power International Corp. (TSXV:CNW)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more China Wind Power International Corp. Charts.