For Immediate Release
Vancouver, BC – May 26, 2020 – NaiKun Wind Energy Group Inc (TSX-V NKW) (the “Company”) announces that pursuant to a resolution passed by shareholders May 15, 2020, the Company has changed its name. Effective Thursday, May 28, 2020, the Company will change its name to Oceanic Wind Energy Inc. There is no consolidation of capital and the trading symbol remains the same. The CUSIP number assigned to the Company’s shares following the name change is 675252100, and the new ISIN number is CA6752521006.
No action will be required by existing shareholders with respect to the name change. Issued share certificates representing common shares of the Company will not be affected by the change of name and will not need to be exchanged. NaiKun encourages any shareholder concerns in this regard to be directed to such person’s broker or agent. The Company’s new website address will be www.oceanicwind.ca.
Caution Regarding Forward-Looking Statements – This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.
NaiKun is a British Columbia-based renewable energy company. Located on B.C.’s northwest coast where the wind resource is one of the strongest and most consistent in the world. Given its development status, construction can begin within two years if an electricity purchase agreement can be secured.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Michael O’Connor, President & CEO
NaiKun Wind Energy Group Inc.
Tel: 604-631-4483 • Fax: 604-685-4215