|By Marketwired .||
|January 22, 2014 02:05 AM EST||
GENEVA, SWITZERLAND -- (Marketwired) -- 01/22/14 -- Etrion Corporation ("Etrion" or the "Company") (TSX:ETX)(OMX:ETX), a solar independent power producer, announces the approval and publication of a listing prospectus in connection with its private placement announced on January 17, 2014.
The prospectus was approved by and registered with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) on January 21, 2014. The prospectus is available on Etrion's website (www.etrion.com) and the Swedish Financial Supervisory Authority's website (www.fi.se). The prospectus can also be ordered from Pareto Securities AB during office hours by telephone at +46 8 402 50 00.
Etrion Corporation is an independent power producer ("IPP") that builds, owns and operates utility-scale solar power generation plants. Etrion owns 17 solar power plants in Italy with approximately 60 MW of installed capacity. The Italian operations generate more than USD 40 million of annual earnings before interest, taxes, depreciation and amortization ("EBITDA"). Etrion is also developing greenfield solar power projects in Chile and Japan. The Company is listed on the Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden under ticker symbol "ETX".
For additional information, please visit the Company's website at www.etrion.com.
Etrion discloses the information provided herein pursuant to the Swedish Securities Market Act. The information was submitted for publication at 8:05am CET on January 22, 2014.
The information above is not intended for, and may not be distributed to or be published in, directly or indirectly, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, the United States, or any other jurisdiction where this would require registrations measures or would constitute a breach of law.
The information above does not contain or constitute an invitation or an offer to acquire, subscribe for, sell or otherwise trade in shares or other securities in the Company ("the securities"). Nor does it constitute a prospectus under the terms in Directive 2003/71/EC.
No securities are or will be registered in accordance with the U.S. Securities Act of 1933 ("Securities Act") or any provincial act in Canada or any legislation in Australia, Hong Kong, Japan, New Zeeland or South Africa. The securities may therefore not, directly or indirectly, be sold, resold, offered for sale, delivered or spread within or to any of these jurisdictions, or to any person located there at that point of time or resident there, or on account of such person, and further not to or within any other jurisdiction where such measure would violate the laws of the jurisdiction or require registrations measures, other than in accordance with an applicable exemption. A failure to comply with this instruction may result in a violation of the Securities Act or laws applicable in other jurisdictions.
Pareto Securities AB and ABG Sundal Collier AB are acting for the Company and no one else in connection with the private placement and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the private placement and/or any other matter referred to in this announcement. Pareto Securities AB and ABG Sundal Collier AB accept no responsibility whatsoever and make no representation or warranty, express or implied, for the contents of this announcement, including its accuracy, completeness or verification or for any other statement made or purported to be made by it, or on its behalf, in connection with the private placement and nothing in this announcement is, or shall be relied upon as, a promise or representation in this respect, whether as to the past or future.
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