Welwind Energy International Corp.

Published : December 02nd, 2008

Announces Additional Acreage Secured

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Press Release

Source: Welwind Energy International Corporation

Welwind Announces Additional Acreage Secured for Its Canadian Windfarm Project
Tuesday December 2, 8:00 am ET

SAN DIEGO, Dec. 2, 2008 (GLOBE NEWSWIRE) -- Welwind Energy International Corp. (OTC BB:WWEI.OB - News) (the ``Company'') announces that it has secured an additional 1400 acres of private land for its Peace Region Project.

The company is seeking private land to minimize the environmental process and high costs that are inherent with Crown Land.

Initially it was announced that the company would be pursuing approximately 13 quarter sections (approximately 2300 acres) of privately owned farmer's field property. After multiple meetings, the company then doubled its land position to 4680 acres (28 quarter sections) earlier this summer. The company has now secured an additional 1400 acres (approximately 10 quarter sections) of land bringing the total amount of land to be secured to 6080 acres (38 quarter sections) enough to build our first phase of approximately 100 MW.

Welwind received an intent to fund all of our projects in China along with the development activities in the Peace region. Funding has been secured at very reasonable terms and rates allowing for additional bottom line revenue for our investors.

ABOUT PEACE REGION PROJECT

The site is located near Dawson Creek, British Columbia and consists of more than 6000 acres. The majority of the project will be situated on private cultivated land. Currently the properties are being used primarily for hay farming and cattle ranching. The company intends to install 2 to 4 meteorological towers on the property early 2009.

The Peace River region is known to be one of the windiest areas in B.C. and is currently being considered by many wind developers, with some wind farms now under construction. The Clean Power Call by BC Hydro indicates that at least 90 per cent of all electricity generated in the Province must continue to come from clean or renewable sources and to achieve electricity self-sufficiency by 2016. The area has been identified by world wind developers, Garrad Hassan, BCHydro as having world-class wind potential.

ABOUT WELWIND

Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations.

Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.

The Welwind Energy International Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3727

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.


Contact:

          Welwind Energy International Corp.

          604-460-8487

          866-677-2272

          info@welwind.com

          www.welwind.com

 

          NetGain Financial Investor Relations

          Robert Bragg

          866-636-0252

          rob@netgain-financial.com


Source: Welwind Energy International Corporation

 

 

Disclaimer: NEVER INVEST IN A COMPANY I/WE PROFILE OR DISCUSS UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT.  THIS SECURITY INVOLVES A HIGH DEGREE OF RISK. THIS EMAIL IS NOT AN OFFER OR SOLICITATION TO BUY OR SELL THE SECURITY NAMED IN THIS DOCUMENT; this email in regard to Welwind Energy International Corp (Welwind or the Company) should not be relied upon for investment decisions.  This document in not an offer or solicitation to buy or sell the security but should be used for information purposes only. Further due diligence should be done through the Company?s filings with the SEC.  This security is speculative and should not be purchased unless you can afford to lose your entire investment.  Welwind has contracted NetGain for a period of six months (commencing August 1, 2008) of ?Investor Relations?.  NetGain will be compensated five thousand dollars a month for the six months and three million shares of Welwind common RESTRICTED stock.  This stock CANNOT be sold on the open market for at least six months and only through SEC Rule 144 (as amended).  FORWARD LOOKING STATEMENTS-SAFE HARBOR: This email contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements.  Such forward-looking statements are made based upon management?s beliefs, as well as assumptions made by, and information currently available to management pursuant to the ?safe-harbor? provisions of the Private Securities Litigation Reform Act of 1995.  The statements, estimates and projections as to the future revenues and results of operations of the Company are based upon estimates provided by Welwind management.  The projections of the future financial and operating performance have been provided to assist in an evaluation of the projected business, but are not to be relied upon as accurate representations of future results. Furthermore, because the projected financial information is based upon estimates and hypothetical assumptions about circumstances and events that have not yet taken place and are subject to variation, there are no representations or warranties associated therewith, and there can be no assurance that the projected results will be attained.  This Plan is based upon information developed by Welwind management solely for use by prospective investors in examining the factors and details regarding the Company. This document does not purport to be all-inclusive or to contain all of the information that a prospective investor may desire.  Nor representation or warranty is made as to the accuracy of completeness of any of the information contained herein. The Company or NetGain does not undertake to update forward-looking statements in this email to reflect actual result, changes in assumptions or changes on other factors affecting such forward-looking information.

 

 

Data and Statistics for these countries : China | All
Gold and Silver Prices for these countries : China | All

Welwind Energy International Corp.

CODE : WWEI.OB
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Welwind Energy is a development stage company based in Canada.

Welwind Energy holds various exploration projects in China.

Its main exploration properties are ZHANJIANG WIND FARM and YANGXI WIND FARM in China.

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