A share price of $6 has been pegged for the resource firm's initial public offering scheduled for the second quarter of 2015. The target price is based on a company valuation which includes infrastructure, inventory and forecast cash flows. Proceeds for the share offering are to fund massive expansion projects to access, process and market extensive hydrocarbon reserves.
The company controls, or through leasing has access to, large proven and unproven hydrocarbon resource reserves. As a co-operative venture between the Emirati countries, Dubai, Abu Dhabi and the Chinese Government, Aemir Natgas Inc. is well positioned to access global markets.
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Except as otherwise required by law, or as otherwise expressly stated in writing by Aemir Natgas Inc., Aemir Natgas Inc. disclaims and offers no warranties, representations, guarantees, covenants or conditions of any kind, express or implied with respect to this release, both of which are provided "as is", "where is" and "as available". Users who exercise any reliance thereon does so voluntarily and solely at their own risk. Without limitation, users hold harmless Aemir Natgas Inc. and disclaim any warranty or condition of merchantable quality, of non-infringement, or of fitness for a particular or general purpose, use or condition, and any warranty or condition arising from statute or otherwise in law or from the course of doing business.
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