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IRW-Press: Qsolar Reaffirms No Undisclosed Information



Published on 09 June 2014



by Press Office

(IRW-PRESS and WireNews)

Vienna, Austria

QSolar Limited ("QSolar" or the "Corporation") (CSE:QSL, FSE:Q2O) has noted the continued unusually high trading volume and decline in share price June 6, 2014 on the Canadian Securities Exchange ("CSE"). QSolar wishes to advise that it has come to its attention that there is potential misinformation circulating regarding potential undisclosed news and in particular, regarding the outcome of TUV SUD and TUV SUD UL certification results. The Corporation reiterates its earlier statement which was press released on June 6, 2014 that it has no further certification updates to provide at this date, no further positive or negative certification results have been obtained and there is no new or revised corporate or business information which would explain the recent trading volume and share price fluctuations.   The Corporation has provided, and will continue to provide, complete disclosure and updates with respect to any events affecting the business of QSolar as they occur.

About QSolar Limited

QSolar trades under the symbol QSL on the CSE and Q2O on the Frankfurt Securities Exchange ("FSE"). There are currently 73,748,912 common shares issued and outstanding.

QSolar Limited (http://www.qsolar.net) and its wholly-owned subsidiary, QSolar Ltd., and its wholly-owned subsidiary, QSolar (Shanghai) Photovoltaic Technology Co. Ltd., develop proprietary trade secret solar related processes and technologies, and manufacture and sell proprietary solar products. The Corporation currently manufactures solar photovoltaic (PV) panels in Shanghai, China using its proprietary trade secret Spraytek and ESS process and its own QLite and QSS family designs. QSolar Spraytek panels offer several advantages over competing products as they have significantly lower losses in hot climates due to their design, offer superior solar cell encapsulation for better protection, significant weight savings and durability features over existing competitors PV modules.

Additional information on the operations or financial results of QSolar Limited are included in reports on file with applicable securities regulatory authorities and may be accessed through the CSE website (http://www.cnsx.ca) and Sedar website (www.sedar.com) under the profile for QSolar.

FOR FURTHER INFORMATION PLEASE CONTACT:

Gary Perkins, Investor Relations

Tekkfund Capital Corp.

Telephone: 416- 882-0020

Email: garyperkins@rogers.com

Karsten Busche

Public Eye Consulting - Berlin, Germany

Telephone: +49 30 430 589 22

Email: kb@publiceye-consulting.com

Andreas Tapakoudes, Chief Executive Officer

QSolar Limited

Telephone: 011-44-7534-711-503

email:  andreas@QSolar-Limited.com

Preston J. Maddin, Chief Financial Officer

QSolar Limited

Telephone: 403-617-0000

email:  preston@qsolar-limited.com

Neither the CSE nor the FSE have approved nor disapproved the contents of this press release. Neither the CSE nor the FSE accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain statements contained in this news release constitute forward looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", 'may", "will", "project", "should", 'believe", and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements are based on reasonable assumption but no assurance can be given that these expectations will prove to be correct and the forward-looking statements included in this news release should not be unduly relied upon.

Various risks and other factors could cause actual results, and actual events that occur, to differ materially from those contemplated by the forward looking statements, such as whether QSolar is able to meet price, performance, quality and delivery requirements.  Although QSolar believes that the expectations represented by any forward-looking statements and forward-looking information contained herein are reasonable based on the information available to them on the date of this document, management cannot assure investors that actual results, performance or achievements will be consistent with these forward-looking statements or forward-looking information. QSolar undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.


Contacts

  •  
  • Joachim Brunner
  • IRW-Press
  • PR Contact
  • Tel: +43724221193011
  •  
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Posted 2014-06-09 15:22:00