News Releases
Feb 22, 2007 Vancouver, BC -- February 21, 2007 -- Global Green Solutions Inc., an ecotechnology company, has completed a private placement of securities having a value of $4,447,000.00 consisting of units at a $1.00 with a half warrant. "We are extremely pleased with the private placement proceeds as it reflects the confidence of the investment community in the future of our company," said Doug Frater, president and CEO of Global Green Solutions. "We are proud to be rapidly developing a reputation as a leader in the alternative energy market. "Worldwide demand for renewable, sustainable energy resources is increasing. This significant influx of financial assets will support the ongoing research, development and marketing of our ecotechnology solutions for renewable energy and the reduction of greenhouse gas emissions, including our Vertigro algae-to-biofuel feedstock technology," Frater said. Global Green Solutions Inc. www.globalgreensolutionsinc.com develops and implements ecotechnology solutions for renewable energy and the reduction of greenhouse gas emissions. Global Green Solutions Inc. is a US public traded company (OTCBB:GGRN) with offices in Vancouver, San Diego, El Paso, London, Brussels, Caracas and Johannesburg. For more information please visit www.globalgreensolutionsinc.com Bob Faris (800) 877-1626 or 604-606-7979 Email: info@globalgreensolutionsinc.com Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission. | |
