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CASSONA SE: CASSONA After the Handover: the Oil Production in Canada is Evaluated as Currently Its Most Promising Investment Project

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© Business Wire 2013
2013-12-11 14:35:05 -

The new management team of CASSONA SE has started work and closely reviews every investment project. Only one week after the general assembly the new CEO Guido Quadri makes a first statement: 'After gaining an initial overview within the last few days, I am glad that we have significant assets with our investment in Alberta. On top of that there are additional very promising projects of CASSONA that we will examine one by one in the upcoming weeks.'

CASSONA is the owner of an investment project in the Province of Alberta in Canada in the production of oil and gas. In the fiscal year 2013 detailed geological and geophysical surveys have been carried out to better locate the deposits of

the resources. Simultaneously the negotiations to build a strategic alliance for the exploration of the area have been successful. It is expected that the oil production might start within the first quarter of 2014.

CASSONA is an investment corporation for targets of the business sectors natural resources, mining and infrastructure. CASSONA is a European corporation with domicile in Frankfurt Main. The shares are listed at the regulated market of GXG Markets and they are traded at the Open Market of Frankfurt Stock Exchange FWB and at Berlin Stock Exchange (ISIN DE000A1C6T63).

CASSONA SE Schubertstr. 14 60325 Frankfurt Main Germany : :

This announcement contains forward-looking statements that are based on current assumptions and forecasts of the management of CASSONA SE. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our company. The company assumes no liability to update these forward-looking statements or to conform them to future events or developments.

(c) 2013 CASSONA SE is a European corporation in the legal form societas europaea (SE) with headquarters in Frankfurt am Main, country of origin Germany and first quotation at the Danish stock exchange GXG Markets A/S in the EU regulated market segment GXG Official List.

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Cassona SEHans-Joachim BischoffTel. 030 6150 82 151 : :

Hossam Abdel-Kader
Phone: +43 1 9582319

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