ATLANTA, GA--(Marketwired - Nov 17, 2015) - Dominovas Energy Corporation (OTCQB: DNRG) announces that it has signed a commitment from GHS Capital to invest up to $7.5 million in the Company over the next 36 months to support ongoing day-to-day operations and other general corporate purposes. This commitment by GHS Capital follows closely behind Dominovas Energy's recent announcement of the $1.2 billion in project finance capital to fund the initial phase to manufacture, produce, and deploy its proprietary RUBICON™ SOFC systems.
Dominovas Energy's Senior Vice President of Finance and Investments, Eric Fresh, recounts, "2015 has seen Dominovas Energy achieve specific financial milestones while meeting its aggressive schedule of strategic objectives." Fresh went on to say, "This commitment from GHS Capital serves as a catalyst for maintaining operational momentum established this year. Moreover, it solidifies the platform for continued business development and implementation of the Company's strategic vision for expansion and deployment of the RUBICON™ into global frontier markets in 2016."
About GHS Capital
Based in Nevada, GHS Capital is a private fund focused on emerging technologies in the small-cap public markets.
About Dominovas Energy Corporation (OTCQB: DNRG)
Founded in 2005, Dominovas Energy Corporation (DEC) is a publicly traded company, based in Nevada. With its operating headquarters in Atlanta, Georgia, USA, Dominovas Energy Corporation is a leading power solutions provider to emerging markets around the world. DEC employs its proprietary RUBICON™ Solid Oxide Fuel Cell (SOFC) technology for deployment in multi-megawatt power generation units worldwide. The worldwide pursuit of clean and efficient production of electricity via Solid Oxide Fuel Cell technology inspired its founders to create an "energy solutions" company. Recognizing that "green" and "alternative energy" markets offer immense potential for growth, Dominovas Energy is aggressively moving to allocate its intellectual and financial capital forthwith, in order to strategically address a green energy solution that is 100% reliable, efficient, and measurably cleaner than GenSets and CCGT. By manufacturing and deploying the RUBICON™ throughout of the world, Dominovas Energy is committed to creating shareholder value by not only generating guaranteed revenue streams, but also by increasing the value of "human and community capital." Devoted to core values by operating under the utmost of honesty and integrity in all its business transactions, Dominovas Energy is additionally dedicated to respecting the rights of all individuals, while acknowledging and respecting all cultures necessary to support the growth and development of the communities and countries in which it operates. The Company strongly believes in the impact this singularly advanced technology will make on the world and is resolute in its mission to provide electricity where and when economically viable.
For more information, visit www.dominovasenergy.com.
Forward-Looking Statements
This press release, as well as other statements made by Dominovas Energy Corporation (the "Company"), contain forward-looking statements that reflect, when made, the Company's current views with respect to current events and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the Company's operations and business environment, which may cause the actual results of the Company to be materially different from any future results. All statements that address future operating, financial or business performance or the Company's strategies or expectations are forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements as is applicable would be discussed under captions as follows: "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's filings as would be filed with the Securities and Exchange Commission as required. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. It should be remembered that the price of the ordinary shares and any income from them can go down as well as up. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law.