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Perihelion Global Inc.: Perihelion Global (PRGL) Announces Name Change and Reverse Split

^{Published on 2009-04-16 08:33:25, Last Modified on 2009-04-16 08:33:54 - Market Wire}
 

NEW YORK, NY--(Marketwire - April 16, 2009) - Perihelion Global (PINKSHEETS: [ PRGL ]), an innovative metals and mining company headquartered in Port Jefferson Station, N.Y., announced that the company has been approved for a name change to NYMET Holdings Inc. and 10 to 1 reverse split which will be effective on April 20, 2009.

Mark Daniel Klok, President of PRGL, stated, "We are very excited to have the new company name 'NYMET Holdings Inc.' and management is looking forward to moving forward to create shareholder value."

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CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Perihelion Global to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. Perihelion Global undertakes no duty to update any forward-looking statement(s) and/or to conform the statement(s) to actual results or changes in Perihelion Global expectations.