LONDON, United Kingdom, Sept. 23, 2011 /PRNewswire/ - Four Rivers BioEnergy Inc. (OTCQB: FRBE) ("Four Rivers") announced today that, after careful consideration, the Board of Directors has determined to hold an annual meeting of shareholders in 2012, after the Company's Annual Report on Form 10-K for the fiscal year ending October 31, 2011 has been prepared and filed with the SEC. The actual date of the meeting will be determined by the Board at a date in the future and duly noticed, all in accordance with state law, the Company's by-laws and SEC requirements.
About Four Rivers
Four Rivers is focused on producing and selling energy (in the form of electricity) and fuels from sustainable waste and renewable feedstocks. The Company operates in the UK under the trade name Verta Energy. Its business model involves the vertical integration of the energy / fuel production cycle from feedstock procurement and processing through to electricity generation / fuel production and sale, all within one business model and on integrated industrial sites. The Company is currently preparing itself for production at its first Integrated Waste to Energy Plant on an industrial site in the UK which it acquired in 2009. Its medium term aim is to replicate this business model in other geographical regions in the USA, Europe and internationally.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's good faith views and expectations when made. Forward-looking statements are inherently subject to known and unknown risks and uncertainties which, in the case of the company, include raising adequate capital to continue operations, technology and product development uncertainties, competition, cost and availability of feedstock, and plant development and manufacturing scale up. Actual results may differ, perhaps materially, from those discussed in the forward-looking statements. The company discussed in this release is not obligated to update its forward-looking statements or comment on those differences. Readers are encouraged to refer to the recent public filings of the company to further ascertain the risks associated with the forward-looking statements. Readers are urged not to place undue reliance upon such statements.
SOURCE Verta Energy