NaiKun Wind Energy Group Inc.

Published : August 28th, 2007

August 28 news digest

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NaiKun Wind Development

PROJECT PROGRESS

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Met Mast:

Fabrication of NaiKun met mast at Ramsay Machine Works, July, 2007.

Fabrication of NaiKun met mast at Ramsay Machine Works, July, 2007.

Fabrication of the NaiKun Met Mast at Ramsay Machine Works, July, 2007. The offshore wind measurement tool will be installed in Hecate Strait. The Met Mast is expected to be operational by the end of summer 2007.

 

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Geophysical Survey:

NaiKun has been conducting a Geophysical Survey of the project site in Hecate Strait. The survey provides detailed bathymetric data, such as soil profile and seabed features.

NaiKun has been conducting a Geophysical Survey of the project site in Hecate Strait. The survey provides detailed bathymetric data, such as soil profile and seabed features.

NaiKun has been conducting a Geophysical Survey of the project site in Hecate Strait. The survey provides detailed bathymetric data, such as soil profile and seabed features.

NaiKun has been conducting a Geophysical Survey of the project site in Hecate Strait. The survey provides detailed bathymetric data, such as soil profile and seabed features. For more on-site images go to www.naikun.ca.

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INDUSTRY NEWS

Edie.net
July 30, 2007
Over 15,000MW of wind power installed in 2006
Wind power on track to playing major role in reducing fossil fuel dependence.
Read story here

Windtech International
July 12, 2007
REPower invests in Northern Germany
QFuture development of production sites and new port suitable for transporting heavy wind turbine components.
Read story here

U.S Department of Energy
June 25, 2007
Wind turbine bade test facilities proposed
Read story here

NAIKUN NEWS DIGEST AUGUST 2007

 

NAIKUN IN THE COMMUNITY

Haida Gwaii Energy Centre Officially Opens in Masset
On August 11, 2007, the Haida Gwaii Energy Centre was officially opened by NaiKun and the Haida Power Authority. The Centre was developed in collaboration with the HPA to provide and disseminate information to the public about energy issues on Haida Gwaii- supply, demand, challenges and opportunities.

See pictures of the official opening at www.naikun.ca.

Community Events
NaiKun attended several community events over the summer. With salmon dinners, canoe racing and traditional dances as part of the lineup, NaiKun managed to enjoy a wonderful summer in Haida Gwaii, even if it rained.a little.

NaiKun’s Fred Dabiri and Wilson Brown bbq salmon at Skidegate Days.

NaiKun’s Lucy Shaw and Diane York enjoying the festivities at Harbour Days in Masset.

NaiKun’s Fred Dabiri and Wilson Brown
bbq salmon at Skidegate Days

NaiKun’s Lucy Shaw and Diane York enjoying
the festivities at Harbour Days in Masset

Betty Crosby and friend oversee the games and canoe races at Skidegate Days.

NaiKun attended National Aboriginal Day in Vancouver on June 21st.

Annette Fields, Gavin Edgars and Sonya Edgards have a laugh at Harbour Days.

Betty Crosby and friend oversee
the games and canoe races
at Skidegate Days

NaiKun attended National
Aboriginal Day in
Vancouver June 21st

Annette Fields, Gavin Edgars
and Sonya Edgards have a laugh
at Harbour Days

To find out more about the NaiKun project, please visit our website at www.naikun.ca

INVESTOR RELATIONS

NaiKun Completes $35 Million Private Placement
NaiKun Wind Energy Group Inc. closed a $35 million private placement on August 15th led by Cormark Securities Inc., with the participation of Northern Securities Inc. and Canaccord Adams Inc. NaiKun sold 7,506,000 Common Shares at a price of $3.35 per share and 2,600,000 Flow-Through Shares at $3.85 per share, for gross proceeds of $35,155,100. The underwriters received a 6% cash commission. The funds will be used to finance the early equity requirements of NaiKun Wind Generating Inc., owner of the physical wind generating plant. NaiKun Wind Generating Inc. is jointly owned by NaiKun Wind Energy Group and ENMAX Corporation.

NAIKUN IN THE NEWS

Jose Etcheverry of the David Suzuki Foundation was recently quoted:

"Modern wind turbines are very sophisticated machines.
The issue of noise, or sometimes people talk about bird kills,
that was 20 years ago," said Etcheverry. "This is sophisticated
equipment, and I'm sure NaiKun will be putting in the best in the world."

The project, he said, will put B.C. on the map in terms of renewable energy and help the B.C. Energy Plan meet goals such as reducing greenhouse gases of 30 per cent by 2020.
Prince Rupert Daily News

Proposed wind farm raises concerns about marine animals
Friday, August 10, 2007 | 5:02 PM PT
The Canadian Press / CBC

"We are looking at the impact and will be conducting relevant research studies through the environmental impact assessment process," said company spokeswoman Sara MacIntyre.

Read the rest of this story here.

Adobe PDFNaiKun to raise $35M in private placement by Cormark Securities
Canadian Press
July 26, 2007
NaiKun Wind Energy Group announces offering led by Cormark, that will see the sale of 7.5M common for $3.35 each and 2.6M flow-through shares at $3.85 each.

Adobe PDFNaiKun has wind at its back
Financial Post
July 5, 2007
David Pett
NaiKun Wind Development Group is in a good position to win a lucrative power contract from BC Hydro.

Wind power the latest energy darling at the green debutantes' ball
Vancouver Sun
July 4, 2007
Vaughn Palmer
The push for greener electricity increases the number of proposed wind power projects in B.C.

Adobe PDFWind farm project breezes on
Prince Rupert Daily News
Jun 29, 2007
NaiKun moves forward with offshore wind farm development. Company obtains terms and procedures for carrying out required environmental assessment process.

� 2007 NaiKun Wind Development Inc. 705-1066 W. Hastings St. Vancouver BC V6E 3X1 Canada

 

NaiKun Wind Energy Group Inc.

CODE : NKW.V
ISIN : CA6298151011
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NaiKun is based in Canada.

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5/17/2011Releases Second Quarter Financial Results
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5/25/2009Second Quarter Update and Financial Results
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7/28/2016NaiKun Wind Announces a Non-Brokered Private Placement
6/6/2016NaiKun Wind Releases Second Quarter Financial Results
4/20/2016NaiKun Wind Announces Issuance of Shares for Service
1/25/2016NaiKun Wind Releases Year-End Financial Results
7/16/2015NaiKun Wind Announces Issuance of Shares for Service
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10/17/2014NaiKun Wind Announces Issuance of Shares for Service
7/15/2014NaiKun Wind Energy Group Inc. Closes $700,000 Private Placem...
4/25/2014NaiKun Wind Energy Group Inc. Announces a $700,000 Private P...
2/7/2012Commends B=2EC=2E Government for Commitment to Long-Term Eco...
3/17/2011Federal Environmental Approval for NaiKun Wind Positions Nor...
6/24/2010Selects Cormark Securities as Strategic Advisor
6/3/2010Announces Executive Team Changes
4/22/2010Earth Day Message from NaiKun Wind
4/19/2010Quarterly Shareholder Update
4/1/2010Looks to Success Beyond Clean Power Call
3/19/2010Results from Annual General Meeting
3/12/2010Shareholder Update on BC Hydro's Clean Power Call
2/4/2010Quarterly Shareholder Update
1/11/2010Releases Year-End Results, Marking Year of Major Milestones
12/18/2009Signs Copenhagen Communique on Climate Change
12/10/2009Project Receives Environmental Approval
11/18/2009Project Advances to Next Step in Clean Power Call
11/3/2009Issues Project Update
8/26/2009Welcomes Government's Recommitment to Renewable Energy
8/25/2009Welcomes Clarity on BC Hydro Clean Power Call
8/13/2009Haida Nation Signs Agreement to Acquire 40 Per Cent of NaiKu...
8/11/2009Releases Results From EA Public Comment Period-Validating St...
7/30/2009Issues Project Update
7/15/2009Environmental Assessment Proceeds to Next Stage
5/21/2009Announces Public Comment Phase for Environmental Assessment
5/15/2009Achieves Environmental Assessment Milestone
3/10/2009Signs Agreement With Prince Rupert Port Authority
1/29/2009Haida Nation and NaiKun Form Landmark Partnership; Agreement...
1/19/2009Introducing British Columbia’s Next Power Legacy
11/28/2008Moves to Tier 1 Listing on TSX Venture Exchange
11/24/2008Submits 396 MW Proposal Into BC Hydro Clean Power Call
11/20/2008Siemens and Naikun Sign Letter of Intent on Turbine Supply
11/17/2008Confirms Excellent Wind Resource andSeabed Conditions at Pro...
9/16/2008Strengthens Project Team With Addition of Major European Con...
9/11/2008Announces Community Open Houses
6/12/2008Welcomes BC Hydro's Clean Power Call
2/12/2008 news digest for February
2/7/2008AGM Highlights Project Progress, Board Additions and the Yea...
12/20/2007 Environmental Terms of Reference Approved for NaiKun Pr
12/10/2007 Noted Canadian Entrepreneur Joe S. Houssian and First
10/12/2007Hamish I. Marshall Joins NaiKun as Director of Corporate Pla...
10/9/2007Deploys LiDAR at Offshore Meteorological Station
9/25/2007Installs Meteorological Station at Offshore Site
8/28/2007August 28 news digest
8/21/2007ENMAX Corporation Sign Professional Services Agreement
8/16/2007 and Haida Power Authority Open Haida Gwaii Energy Centre
5/23/2007Noted Wind Turbine Expert Joins NaiKun Team
5/14/2007Certification Experts Germanischer Lloyd Wind Energy Assist ...
5/3/2007Graham Wilson Joins NaiKun as Director
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