Further to its news release dated July 14, 2011, Shear Wind Inc. ("Shear Wind")
(TSX VENTURE:SWX) is pleased to announce the appointment of Aubrey Palmeter to
Shear Wind's Board of Directors. Mr. Palmeter's appointment fills a position
left vacant with a resignation of a board member in July, 2011. 


Mr. Palmeter is President & CEO of EastPoint Engineering Limited in Halifax,
N.S. During his career, Mr. Palmeter has led or participated in a broad range of
consulting and construction activities including strategic planning,
organizational studies, facility planning, design, business case analysis and
life cycle costing, construction, and acquisition. He has an in-depth
understanding of specialized engineering services ranging from design to
design-build-finance-operate. 


Mr. Palmeter has provided his support to a number of not-for-profit
organizations and industry associations. He has served on the Boards of a number
of public and private Corporations in both Canada and the United States, and is
a graduate of the Institute of Corporate Directors Education Program and holds
the designation of ICD.D


Mike Magnus, President and CEO, welcomes Mr Palmeter to the Board, stating, "We
are confident that his experience in business and strategic planning will bring
a great deal to our organization, and I look forward to working with him over
the next year."


The Shear Wind Board of Directors continues to work with the Management Team to
provide long-term strategic focus to the benefit of the shareholders. 


This news release shall not constitute an offer to sell or the solicitation of
an offer to buy any securities of Shear Wind in any jurisdiction.


About Shear Wind

Founded in 2005, Shear Wind is headquartered in Halifax, Nova Scotia and is
engaged in the exploration and development of renewable wind energy properties
in Canada. Shear Wind is focused on building a strong company based on a secure
and sustainable supply of clean wind energy. Shear Wind is committed to building
shareholder value governed by environmental stewardship. Inveravante Inversiones
Universales, S.L., an international corporation based in Spain, indirectly owns
62% of Shear Wind on a fully-diluted basis and 49% of Glen Dhu Wind Energy
Limited Partnership through Genera Avante Holdings Canada Inc., following its
investment in Shear Wind in November 2009. 


Additional information on the various projects may be viewed on Shear Wind's
website: www.shearwind.com.


Forward-Looking Statements / Information

This news release may include certain forward-looking information, including
statements relating to business and operating strategies, plans and prospects,
using words including "anticipate", "believe", "could", "expect", "intend",
"may", "plan", "potential", "project", "seek", "should", "will", "would" and
similar expressions, which are intended to identify a number of these
forward-looking statements. Forward-looking information reflects current views
with respect to current events and is not a guarantee of future performance and
is subject to risks, uncertainties and assumptions. Actual results may differ
materially from information contained in the forward-looking information as a
result of a number of material factors, including failure to secure adequate
financing to develop projects of Shear Wind. Shear Wind undertakes no obligation
to publicly update or revise any forward-looking information contained in this
news release, except as may be required by applicable laws, rules and
regulations. Readers are urged to consider these factors carefully in evaluating
any forward-looking information.


Shear Wind Inc. trades on the TSX Venture Exchange under the symbol "SWX".

Shear Wind Inc. (TSXV:SWX)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024 Shear Wind Inc. 차트를 더 보려면 여기를 클릭.
Shear Wind Inc. (TSXV:SWX)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 Shear Wind Inc. 차트를 더 보려면 여기를 클릭.