New report highlights 145 percent increase in Chinese projects as global wind energy market continues growth toward 12 percent of energy supply by 2020. Navajo is primarily focused on developing projects in China which makes it a company to watch with China being the fastest growing wind power market. SOURCES: Tree Hugger / Cleantech

	Breaking News

Navajo Announces Closing of Third Tranche of $50 Million Financing

Yesterday after the markets closed, Navajo Wind Energy Corp. (formerly Caliber Energy Inc) (OTC: CLBN) issued a press release announcing the completion of the third tranche of its previously announced $50 million financing. Navajo Wind Energy is a renewable energy company focused on creating electricity from the power of wind.

Navajo will receive gross proceeds of $15 million for the issuance of a promissory note, which is subject to a hold period of two years plus one day from the date of issuance in accordance with the agreement. The funding is expected to be received on November 16, 2009, with the net proceeds of the third tranche being approximately $13.8 million after deducting the placement agents' fees and estimated offering expenses.

Navajo will allocate $13,500,000 of the net proceeds to fund the previously announced acquisition of 200 MW Xinjiang Wind Farm Project ("Xinjiang"), see press release of February 25, 2009. The remaining funds will be used as working capital for the Company. To date the Company has received $18.4 million of which $18 million have been used to fund the 200 MW Xinjiang Wind Farm Project.

Investors are urged to keep a close eye on future developments.

	Why Consider CLBN?

CLBN is focused on Wind Energy in the Hottest Growth Area "China"

China has the world's fastest-growing wind-energy market and is expected to become the biggest manufacturer of wind energy equipment by the end of 2009, according to a new report.

The Global Wind Energy Council and Greenpeace International released its annual wind survey in Beijing at the Global Wind Power conference.

30% of World Energy Demand Met With Wind Power by 2050
Within 12 years wind power could supply 12% of the world's energy needs, preventing 10 billion tonnes of CO2 emissions in the process. By 2050, this could rise to 30% of the world's electricity.

Globally, $37 billion was spent on installing an additional 20 GW of wind power capacity in 2007, bringing the world total to 93.8 GW.
SOURCES: Tree Hugger / Cleantech

Wind energy is a pollution-free, never-ending form of energy. It doesn't use fuel, it doesn't produce greenhouse gases, and it doesn't create toxic or radioactive waste. It helps our country fulfill its demand for electric power-which is constantly growing-while helping lessen our dependence on fossil fuels.

Key facts about wind energy:

It is the fastest growing energy technology
It is a clean, cost-effective energy source
It generates no emissions
It is infinitely sustainable
It provides an economic stimulus to local communities
It is the least expensive form of large-scale renewable energy to use

Alternative Energy is the "HOT" Sector to Invest in. Renewable energy has rapidly become a 'hot' sector, with increased interest driven by the upward march of energy prices, increasing environmental awareness and energy security issues. These trends have spurred investment in renewable energy projects, particularly wind and projects. However, this sector presents several technical, environmental, and financial challenges that investors and developers need to understand thoroughly in order for their businesses to be successful. (DNV)

	Current Stock Data

	Company Snapshot

About The Company

Navajo Wind Energy, Inc. is focused on the development of more than 500 megawatts of clean wind energy to drive its future revenues and growth. The Company is pursuing significant opportunities to provide clean wind power to the growing demand in the Republic of China. With the acquisition of key wind farm and power trading company Guangzhou Jianianxiang Co. Ltd, Navajo will become one of only a few companies licensed to trade electrical power in and out of China.

Navajo Wind Energy Corp. is a viable business model and our goal is to run successful wind farm operations. In addition to building and managing wind parks, we will be also providing the following services:

Site selection
Land rights acquisition
Permit acquisition
Environmental commodities
Environmental permitting
Construction
Power sales agreements
Marketing
Project Financing
Engineering, design and procurement

Wind Energy, a clean and renewable source of electric power, is also the world's fastest growing energy source!

The governments of United states and Canada and other industrialized nations around the world are increasingly recognizing the value of wind energy as vital component of long term, sustainable economic and environmental well being, as well as security of energy price and supply. Governments are rewarding the wind industry with incentives and green energy programs that support long term, affordable, efficient and clean energy from renewable wind resources. At the same time enlightened and forward looking companies have established renewable energy business units and investment portfolios that address corporate policy and future economic sustainability, as well as financial performance.

Wind power is now the world's fastest energy source. After 20 years of development and growth, the modern wind power industry finally has come of age. Wind energy has become one of the most competitive and sustainable energy technology available today.

Navajo Wind aspires to be amongst the top five wind power companies in the world by leveraging its technological leadership and its commercial acumen to satisfy its customers.

Other areas of Navajo's expertise include:

Generation development
Long-term structured power sales and purchases
Energy trading
Power scheduling and dispatch
Fuels procurement

	Company Highlights

Solid Growth Strategy

Navajo has assembled an expert team for sourcing, acquiring and developing early-stage wind properties. It is Navajo Wind's strategy to leverage this experience to aggressively grow the company. One of the main strategies of Navajo Wind's management is to access and acquire rare real estate that is suitable for wind farming where the company can develop profitable wind energy projects. By owning and controlling these properties and operating efficiently as a public company, Navajo Wind will be able to grow into a mid-size wind developer and operator.

Focus on China

Navajo is primarily focused on developing projects in China. This country is one of the most attractive markets for renewable energy projects because of the large size of the market. With 20% of the world's population, China now consumes 10% of the world's energy.

China has the world's fastest-growing wind-energy market and is expected to become the biggest manufacturer of wind energy equipment by the end of 2009, according to a new report.

The Global Wind Energy Council and Greenpeace International released its annual wind survey in Beijing at the Global Wind Power conference.

30% of World Energy Demand Met With Wind Power by 2050

	Recent Company News

	Disclaimer

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its' Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (OTC: CLBN), WSCF has been compensated a total of Thirteen Million shares (Seven Million Shares for current services and Six Million Shares for previous services), by a third party, NorthStar Capital Corporation, who is non-affiliated and may hold a significant position in the stock. WSCF holds Six Million of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

Corporate Profile

Navajo Announces Closing of Third Tranche of $50 Million Financing

CLBN is focused on Wind Energy in the Hottest Growth Area "China"

About The Company

Solid Growth Strategy

Focus on China