Bergamo Acquisition Corp. (BGMO) stock soars on joint venture announcement

Posted on: Wednesday, June 15th, 2011
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Bergamo Acquisition Corp (OTCBB: BGMO) shares climbed 13.9% to 7.4 cents Wednesday, after it announced an international joint venture agreement. Volume for the stock was 124,745 shares, compared to a daily average of 170,886.

The Joint Venture Agreement is with Haanz Group, an international corporation with business entities in Pakistan, North America and UAE. The Agreement is to establish investment services, green energy products, manufacturing, supply and trade, new and old building erection, procurement, construction, operation and maintenance, infrastructure projects, oil and natural gas projects, real estate development, energy education training and development, and environmental technology projects for Pakistan.

Officials from Bergamo were not available for comment.

The Las Vegas-based Bergamo also announced the Company has entered into strategic relations with SLA Ventures LLC for Middle East, India and Pakistan projects. SLA Venture LLC is a registered organization based in Emirates of Dubai (UAE), with its wide-established operations reaching in the entire Middle East, Africa, Europe, India, Canada and the U.S.A.

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Category: Alternative Energy Stocks, OTCBB, Penny Stocks
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