Syngas International Signs Agreement with Chilean Clean Energy Pioneer
The Green Baron Report has chalked up yet another huge winner with our February Focus Stock Pick Syngas International (BB: SYNI). We alerted members again through our Trader’s Corner picks last Friday that we expected another big move to occur in SYNI as well as three others. We like the move we have seen so far in SYNI, but we still believe another surge could occur at any time and we view accumulation on pullbacks to be wise.
This morning, SYNI hit another new post profile high at .82 per share, and we are hoping to deliver a triple digit gainer to our home page with the next move up in the stock. The news announced yesterday demonstrates that Syngas technology is being seriously considered by countries as far south as Chile. We are still awaiting delivery of some significant contracts that ought to break this stock out for good.
EDMONTON AB and SANTIAGO, CHILE, Mar 28, 2006 (MARKET WIRE via COMTEX) -- Syngas International Corp. (SYNI), an emerging leader in the development and production of hydrogen enriched alternative fuels in an environmentally responsible manner, is pleased to announce that Syngas Energy Corp., its wholly owned subsidiary has entered into a Representation Agreement with Ecogestion Ltd. of Santiago, Chile. Ecogestion has extensive experience in promoting and developing business in Chile with respect to the Clean Energy sector and Emission Reduction Services in accordance with the Kyoto Protocol and the European Trading Scheme.
Jaime Eidelstein, President of Ecogestion stated, "After much research into other technologies, we feel that the Syngas M2 gasification system is ideally suited for alternate energy applications in South America and especially Chile. Chile is expeditiously seeking alternate energy sources due to the recent energy shortages and natural gas cutbacks from Argentina, a historical supplier. We believe that using the Syngas gasification process will help us find and use alternate energy sources for all of Chile."
Syngas Energy Corp. will host a demonstration for the M2 in Edmonton AB within the next 30 to 60 days. Please e-mail info@syngasinternational.com to obtain your pass for the demonstration and enter the Hydrogen Economy.
About Syngas International Corp: www.syngasinternational.com
Syngas International Corp. (SYNI) , through its subsidiary, Syngas Energy Corp., is an emerging leader in the development and marketing of low-cost alternate fuels worldwide. We believe our superior technology will catapult our company into a GREEN POWERHOUSE. With energy prices at high levels and the global focus moving rapidly towards addressing pollution, the need for sustainable, zero emission energy is vital. Our technology is based on clean renewable energy. We foresee our company poised to benefit from global trends.
Contact:
Syngas International Corp. – Investor Relations 1-888-646-5611
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