VANCOUVER, British Columbia,
February 28, 2013 /PRNewswire/ --
Toronto Stock Exchange (Venture) Symbol: "WND"
OTCQX Symbol: "WNDEF"
Issued and Outstanding: 71,127,175
Western Wind Energy Corp. (the "Company" or "Western Wind")
remembers that 14 years ago, we had a shared dream of building a
company that would develop, own and operate wind and solar
projects. The key to our success would be to engage the best
individuals and move decisely for the right reasons. The road would
not be smooth but we never wavered from our vision. We succeded in
creating, buying, building, owning and operating 165 megawatts of
green energy generation with many more megawatts in
development.
With the humble beginnings of just a few hundred thousand
dollars, we expanded to providing clean energy to over 48,000
homes. This was the work of intellectual
capital. Assessing areas and regions with abundant sunshine
and wind, we provided to society, energy, jobs, taxes and benefits,
to something that previously had no value.
There were many people who helped us navigate the challenging
business environment of carving out a niche, as a well respected
player in the energy generation business. This was the domain
of giants and as a small upstart, and with an unyielding desire and
vision, we did what was right for both the environment and our
shareholders. We are humbled by the outcome of having our
shareholders exit with, in most cases, a sizable return on their
investment. We grew our share price on average, 20% each and every
year since 2000 and our assets, by 60%, each and every year, over
the same period.
Jeff Ciachurski, CEO of Western Wind Energy Corp., states:
"Western Wind has been sold and I can now concentrate our efforts
on building the next flagship company, Greenbriar Capital Corp.
(stock symbol "GRB", on the Toronto Venture Exchange.) I have
fourteen years of excellent banking, energy, business and
engineering relationships that will be mobilized for
Greenbriar."
About Western Wind Energy Corp.
Western Wind Energy Corp. (OTCQX: WNDEF; TSX.V: WND) trades in
the United States on the OTCQX
under the symbol "WNDEF" and on the TSX Venture Exchange under the
symbol "WND". Western Wind is a vertically integrated renewable
energy production company that directly owns over 165 MW of rated
solar and wind capacity in production in the States of California and Arizona. Western Wind further owns substantial
additional development assets for both solar and wind energy in
California, Arizona, Ontario,
Canada; and in the Commonwealth of Puerto Rico.
Western Wind is in the business of owning and operating wind and
solar energy generating facilities. Management of Western Wind
includes individuals involved in the operations and ownership of
utility scale wind energy facilities in California since 1981.
ON BEHALF OF THE BOARD OF
DIRECTORS
"SIGNED"
Jeffrey J. Ciachurski
President & Chief Executive Officer
Neither the 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.
Certain statements in this press release constitute
"forward-looking statements" under applicable securities laws,
which involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different
from any future results, performance or achievements expressed or
implied by such statements. Words such as "expects",
"anticipates", "intends", "projects", "plans", "will", "believes",
"seeks", "estimates", "should", "may", "could", and variations of
such words and similar expressions are intended to identify such
forward-looking statements. These statements are based
on management's current expectations and beliefs and actual events
or results may differ materially. There are many
factors that could cause such actual events or results expressed or
implied by such forward-looking statements to differ materially
from any future results expressed or implied by such
statements. Such factors include, but are not limited
to, the state of the Company's business activities and various
factors discussed in the Company's annual report and annual
information contained in the Company's 20F Annual Report filed with
the United States Securities and Exchange Commission and securities
regulators in Canada.
Forward-looking statements are based on current expectations and
the Company assumes no obligation to update such information to
reflect later events or developments, except as required by
law.
For further information:
JEFFREY CIACHURSKI
1326 - 885 WEST GEORGIA STREET
VANCOUVER, BC, V6C 3E8
TELEPHONE: +1-604-685-WIND (9463)
FACSIMILE: +1-604-685-9441
http://www.westernwindenergy.com
(WND. WNDEF)