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North West Oil Group Inc. to Open New York Office Company to Establish American Presence in Financial Epicenter With Strategically Located Manhattan Office MOSCOW, Oct 11, 2007 (MARKET WIRE via COMTEX) -- North-West Oil Group Inc. (PINKSHEETS: NWOL) today announced that it has signed a lease for its new US-based representative office located in the center of Manhattan in New York city. The office will be run by executives from Russia putting the company closer to the epicenter of the US financial markets and is expected to be fully operational by month end. Mr. Malyshev, President of North West Oil Group Inc. (PINKSHEETS: NWOL) stated, "We're very excited to be opening our New York office, establishing an important physical presence in the United States. This calculated step strategically puts us in the heart of US financial markets, the financial community and most importantly in very close proximity to our shareholders. As we continue to focus on executing our business plan, it is expected that our accessibility to the US capital markets will play a pivotal role in further promoting corporate transparency, strengthening our ability to qualify for a new exchange listing and bettering our direct access to US institutional investors." Mr. Malyshev further stated, "As promised in our press release dated October 9th, it remains our intention to release the independent valuation report of 100% of shares of OOO 'North West Oil Group - Saratov' as early as next week." About North West Oil Group, Inc. North West Oil Group Inc. is a publicly traded Oil & Gas company trading under the ticker symbol "NWOL" on the U.S. Pinksheets market. Forward-Looking Statements All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions. Contact: Tatiana Sazonova North-West Oil Group Inc. Tel: +7 495 621 11 15 E-Mail: sazonova@szng.ru Web: http://www.szng.ru |
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| aus der Diskussion: | NWOL North West Oil Group (former NWOG) executed R/S 1:100, 5$ come into reach ? |
| Autor (Datum des Eintrages): | runningAllDry (11.10.07 13:52:58) |
| Beitrag: | 61 von 361 (ID:31938641) |
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