Global Green Announces Extension of Warrant Term
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/17/12 -- Global Green Matrix Corp. ("GGX" or the "Company") (TSX VENTURE: GGX)(OTCBB: GGXCF)(BERLIN: A0LGDN)(FRANKFURT: POZ) - Mr Randy Hayward President, announces that 15,398,333 common share purchase warrants (the "Warrants"), exercisable at $0.20 per share, and having an original expiry date of July 13, 2012, have been extended by one year and will now expire on July 13, 2013. The warrants were originally issued July 13, 2010. All other terms and conditions of the Warrants remain the same.
The application to amend the warrants is subject to the TSX Venture Exchange's acceptance, and the Company makes no assurances that the required acceptance for the extension of the term of the warrants will be granted.
About Global Green Matrix Corp. (www.globalgreenmatrix.com)
Global Green Matrix Corp. provides environmentally sound solutions for oilfield waste disposal and is primarily involved in the recovery of reusable products from waste. With the acquisition of Intercept Rentals, and a newly developed, safer, faster and cost effective frac water heating technology, GGX will continue to focus its efforts on marketing its eco-friendly products to the resource sector in Canada and the USA.
This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.
Neither The TSX Venture Exchange nor Its Regulation Services Provider (As That Term Is Defined In The Policies Of The TSX Venture Exchange) Accepts Responsibility For The Adequacy Or Accuracy Of This News Release.
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