FOR IMMEDIATE RELEASE
Toronto, Canada
October 1, 2006
GHGx to Finance
Exchange Expansion
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Toronto, Canada GHGx© Corporation (Greenhouse
Gas Exchange) announces today that it is reviewing several
financing options to expand its leading edge global
emissions credit trading exchange.
Dan Goldberger, Managing Director of the Toronto-based
company, stated, GHGx is reviewing its options
to finance the next stage of its global growth. One
option would be to issue additional equity, however
it is not the only option being reviewed.
M. Stanley Mullins stated, We are pleased by the
unsolicited interest shown by European, American and
Asian investors. Global investors intuitively understand
that the upcoming global investment opportunity is in
green and environmental solutions providers
or enhancers.
He went on to say that GHGxs next round
of financing may be up to $10 million depending
on expansion requirements.
By creating a fast, efficient, transparent, and low-cost
market for trading emission credits, GHGx is playing
an important role in the development of lower emission
energy and industrial process alternatives around the
world.
About GHGx Corporation
GHGx Corporation (Greenhouse Gas Exchange) is the worlds
first global, real-time, open standards-based, greenhouse
gas emission credit trading system. GHGx provides secure
data transmission with any locally developed national
emissions registries and has developed a Kyoto-specific,
standards-based registry for countries seeking Kyoto-mandated
implementations.
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GHGx Corporation
Dan Goldberger, Managing Director
416.480.7321
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