ACMG Dividend News! I'm in for April too!
MONTREAL, Mar 23, 2007 (MARKET WIRE via COMTEX) --
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) releases the news
today that Siam Renewable Energy Group Ltd will issue a dividend to
ACMG stockholders on record.
The company stated that, pursuant to the finalized acquisition, Siam
Renewable Energy Group is now restructuring ACMG into two companies
through the incorporation of ARTL, which will be taken public
immediately. A dividend will be issued in the form of one per share
to stockholders on record as of end of March.
According to the company one share in ARTL will be issued for every
share held in ACMG for all registered shareholders verified as of
March 30, 2007.
The company affirms that this new structure will enable it to make a
serious difference and that it is glad to reward its long-term
shareholders.
About Alcar Chemicals Group Inc.
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant
market opportunity due to a serious worldwide supply shortage of raw
materials for polymers as well as an increased requirement for
ethanol and biodiesel. ACMG has been concentrating on innovative
methods for biomass (forestry waste, agricultural waste and non-food
crop) valorization for the past decade, specifically
petroleum-independent fuel and plastics resin production. Its
proprietary technology represents today's most economical and
advanced manufacturing process for plastic raw materials, ethanol and
bio-diesel, allowing production at cost savings of up to 40% when
compared to current production methods.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of
historical facts are forward-looking statements, which contain our
current expectations about our future results. Forward-looking
statements involve numerous risks and uncertainties. We have
attempted to identify any forward-looking statements by using words
such as "anticipates," "believes," "could," "expects," "intends,"
"may," "should" and other similar expressions. Although we believe
that the expectations reflected in all of our forward-looking
statements are reasonable, we can give no assurance that such
expectations will prove to be correct.
A number of factors may affect our future results and may cause those
results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such factors
include our limited operating history; our need for significant
capital to finance internal growth as well as strategic acquisitions;
our ability to attract and retain key employees and strategic
partners; our ability to achieve and maintain profitability;
fluctuations in the trading price and volume of our stock;
competition from other providers of similar products and services;
and other unanticipated future events and conditions.
Investor Contact:
Steven Sung
IR@alcarchemicalsgroup.com
SOURCE: Alcar Chemicals Group
mailto:IR@alcarchemicalsgroup.com
Copyright 2007 Market Wire, All rights reserved.
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