Augrid Global Holdings Corporation

| 07/01/2009 | Reply
Augrid Global Holdings Corporation Re-Negotiates Terms of Acquisition for Meat Processing Company


AUGRID Global Holdings Corp. (PINKSHEETS: AGHG), a holding company dedicated to acquiring and managing ownership
interests in a diverse range of businesses, re-negotiated very favorable
terms for the Halal meat processing plant acquisition, to acquire 100%
ownership and the rights to US and International expansion for multiple
products and distribution, as opposed to an earlier 51% stake in that
company. Management agrees with securities counsel that at a pre
determined time Augrid will become reporting by filing the proper documents
to be listed to the OTCBB. This acquisition, once complete, will allow
AGHG to make that vertical move.

This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. The statements
regarding AUGRID Corporation in this release that are not historical in
nature, particularly those that utilize terminology such as “may,”
“should,” “likely,” “expects,” “anticipates,” “estimates,” “believes” or
“plans,” or comparable terminology, are forward-looking statements based on
current expectations about future events, which AUGRID Corporation has
derived from the information currently available to it. These
forward-looking statements involve known and unknown risks and
uncertainties that may cause our results to be materially different from
results implied in such forward-looking statements. Important factors known
to AUGRID Corporation that could cause forward-looking statements to turn
out to be incorrect are identified and discussed from time to time in
AUGRID Corporation’s filings with the Securities and Exchange Commission.
The forward-looking statements contained in this release speak only as of
the date hereof, and AUGRID Corporation undertakes no obligation to correct
or update any forward-looking statements, whether as a result of new
information, future events or otherwise.

Category: Meat & Poultry, The Americas

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