SOURCE: Novo Energies Corporation

Novo Energies Corporation

November 02, 2009 03:00 ET

Novo Energies Corporation to Speak at the 3rd Annual Essential CleanTech Investor Summit 2009 in London, UK

NEW YORK, NY--(Marketwire - November 2, 2009) - Novo Energies Corporation (OTCBB: NVNC) ("Novo" or the "Company"), an alternative energy Company, announced today that the Company's Vice President Corporate Finance and Communications, Mr. Faisal Butt has been invited to speak at the "3rd Annual Essential CleanTech Investor Summit 2009" to be held on November 10, 2009 at Park Plaza Victoria in London, UK.

Mr. Butt will be speaking on the topic "CleanTech Companies: Financing Development and Growth" alongside executives from Sterecycle, a UK based private waste management company specializing in the treatment and recycling of municipal wastes, funded by Goldman Sachs, Fidelity International, Impax Environmental and Ailsa3 Ventures, Plastinum Polymer Technologies Corporation, a US based public company that recycles mixed plastic streams to produce hi-tech virgin plastic and Bluewater Bio International, a UK based private global specialist in the treatment of waste water. "I am delighted to be a part of an event of this caliber. This event will provide Novo Energies a platform to convey its medium and long term goals to the industry and pave Novo's way into Europe's energy and capital markets," said Faisal Butt.

The Essential CleanTech Investor Summit is Europe's leading event for global investors, innovators and dealmakers in environmental technology and clean energy. Over 400 executives, investors, financiers and dealmakers are expected to attend the Summit.

More information about the Summit can be found at:

Mr. Butt joined Novo Energies in 2009 as Vice President Corporate Finance. As a member of the management team, his responsibilities included assisting the company structuring its business model, capital structure and technological evaluation. He has also played a pivotal role in developing Novo's brand and showcasing the company and its vision on several arenas.

Faisal initiated his career in the financial services industry with Alegro Capital; a London based financial advisory and M&A firm. His primary focus at Alegro Capital was mergers and acquisitions, restructuring for the European Retail, TMT and Energy sector. He worked on several key transactions which included clients such as Tengelmann Group and Belgacom SA.

Prior to this, Mr. Butt worked in various capacities in New York and Montreal in the financial services sector. He completed his Advance Level studies in Economics and Mathematics from University of Cambridge, UK. He graduated from McGill University, Montreal Canada with a bachelor in Finance and Economics.

"We are honored that the Summit has asked Faisal, as a representative of Novo Energies, to be a speaker alongside many illustrative speakers who will be presenting on cutting edge clean technologies. The Summit will permit Novo to relay its commitment to its shareholders and the environment at a world class venue," said Antonio Treminio, CEO & Chairman.

About Novo Energies Corporation

Novo is a public company trading on the Over the Counter Bulletin Board Market ("OTCBB") under the symbol NVNC, with offices in New York, NY, Montreal and Quebec City. The Company's mission is to continue expanding within the renewable energy sector by developing and implementing renewable energy solutions while maintaining its commitment to conserve energy, natural resources and help reduce pollutants and unwanted wastes. Based upon a novel technology, Novo's wholly owned subsidiary WTL Renewable Energy, Inc. will plan, build, own and operate renewable energy plants throughout North America that will transform residual plastics and tires to valuable liquid low carbon fuels such as diesel, gasoline and fuel additives.

Forward-Looking Statements

Except for statements of historical fact, this news release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on the Company's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors that the Company has little or no control. Such forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in the Form 10-K of the Company for the fiscal year end August 31, 2008, and other documents filed from time to time by the Company with the Securities and Exchange Commission.

Contact Information

  • For further information, please contact:
    Mr. Antonio Treminio
    Chairman and Chief Executive Officer
    New York Tel: +1-212-315-9705
    Montreal: +1-514-840-3697
    Email Contact