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GHGx to Finance Exchange Expansion


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 “GHGx’s 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 world’s 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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