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Newsroom - Clients - GRGR
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
Green Energy Resources Inc
Green Energy Resources Signs $22 Million Contract to Export Woodchips to Turkey
NEW YORK, NY--(MARKET WIRE)--Oct 19, 2006 -- Green Energy Resources (Other OTC:GRGR.PK - News) announced it has signed a $22 million contract to export woodchips to Turkey. The contract will commence 4th qtr of 2006 and extend for 7 shipments throughout 2007. Each shipment is approximately 50,000 tons valued at $3 million. Green Energy Resources CEO Joseph Murray finalized the contract yesterday in Istanbul, Turkey. The sale of woodchips is to a wood-based product producer and not for renewable energy. Other terms of the deal were not disclosed for competitive reasons but shareholders may contact the company for further details.
In other company news the planned Open House for Friday, October 20th in New York has been postponed. CEO Joseph Murray has been unavoidably detained in Europe and is unable to make the Open house. A new date has not yet been rescheduled.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Green Energy Resources
Joseph Murray
(631) 375-7921
joe.murray@greenenergyresources.com
http://www.greenenergyresources.com
Worldwide Financial Marketing, Inc. USA
Investor Relations
Int'l: 1 (954) 360-9998
Info@wwfinancial.com
http://www.wwfinancial.com
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About Green Energy Resources, Inc.
Green Energy Resources, Inc. is dedicated to becoming a leading
supplier of reliable, low cost, high quality wood fiber fuels (biomass).
Biomass, which is essentially organic matter that can be converted to
energy, is the fourth leading source of energy in the United States
(behind oil, natural gas and coal), and is currently providing about 2
percent of all energy used in this country. This is expected to grow to
over 10% by the end of this decade.
To link to this corporate profile in our members area click here (You must be a registered member to see profile).
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