Attached files
Exhibit 99.1
[SKY HARVEST WINDPOWER LOGO]
SKY HARVEST APPOINTS HARRY BAUSKIN AS A DIRECTOR
April 14, 2011 Symbol: SKYH:OTCBB
VANCOUVER, BRITISH COLUMBIA--Sky Harvest Windpower Corp. OTCBB:SKYH
(the"Company") is pleased to announce that it has appointed Harry Bauskin as a
director of the Company.
Mr. Bauskin has extensive experience in the banking and investment industries.
He previously held various positions with Bank Hapoalim, Israel's largest bank,
over a 30 year period. These positions included acting as head of the bank's
Toronto and Canadian divisions and head of the Investment Advice Division in
Jerusalem. He was key in establishing a portfolio management company and foreign
investments division for Bank Hapoalim. Mr. Bauskin has also acted as Deputy
Managing Director for Israel Halutz Ltd., one of Israel's major portfolio
management companies, and as Senior Portfolio Manager/Analyst for Afikim
Investments Limited. He holds a Bachelor of Commerce degree from Durban
University in South Africa where he specialized in economics and accountancy.
In connection with Mr. Bauskin's appointment, Sky Harvest's President, William
Iny, stated, "We are excited about having someone of Harry Bauskin's caliber on
our Board of Directors. His many years of experience in the financial industry
will be a key asset for us as we seek to expand our business operations. Mr.
Bauskin's experience in evaluating potential corporate acquisitions and
financing structures are invaluable to the Company at this stage of its
development."
Sky Harvest has agreed to grant incentive stock options to Mr. Bauskin whereby
he can acquire up to 525,000 shares of our common stock at a price of $0.25 for
a period of five years. This grant is pursuant to the Company's previously
announced 2011 Stock Option Plan.
Sky Harvest invites shareholders and other interested parties to visit its new
website located at www.skyharvestwind.com or contact Sky Harvest at 604-267-3041
locally or toll-free 1.877.700.7021
SKY HARVEST WINDPOWER CORP.
William Iny, President
Sky Harvest Windpower Corp. is a United States and British Columbia reporting
issuer involved in development stage wind power projects located in southwest
Saskatchewan, Canada. Wind speed and environmental data relating to the
Company's leased properties indicates that the properties host a strong and
consistent wind resource that warrants the erection of wind power generation
facilities with the potential to generate up to 350 MW of electricity. For more
information, please contact Sky Harvest at 604-267-3041.
Safe harbor for Forward-Looking Statements: Except for statements of historical
fact, the information presented herein constitutes forward-looking statements.
Forward-looking statements may include financial and other projections, as well
as statements regarding the Company's future plans, objectives or economic
performance, or the assumptions underlying any of the foregoing. The Company
uses words such as "may", "would", "could", "will", "likely", "expect",
"anticipate", "believe", "intend", "plan", "forecast", "project", "estimate" and
similar expressions to identify forward-looking statements. Any such
forward-looking statements are based on assumptions and analyses made by the
Company in light of its experience and its perception of historical trends,
current conditions and expected future developments, as well as other factors we
believe are appropriate in the circumstances. However, whether actual results
and developments will conform to the Company's expectations and predictions is
subject to a number of risks, assumptions and uncertainties. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the company to be materially different from those indicated. Forward looking
statements in this press release include the following: that the Company will be
expanding its business operations in the future and that Mr. Bauskin will be
evaluating potential corporate acquisitions and financing structures on the
Company's behalf. Factors which may delay or prevent these forward looking
statements from being realized include that we may not be able to raise
sufficient funds to expand our operations and that Mr. Bauskin may be prevented
from evaluating potential corporate acquisitions and financing structures due to
his other business obligations. Readers should refer to the risk disclosures
outlined in the Company's periodic reports filed from time to time with the
United States Securities and Exchange Commission on EDGAR at www.sec.gov and
with the British Columbia Securities Commission at www.sedar.com