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| Home : Offsetters Announces $280,000 Convertible Debenture for Naturebank Subsidiary |
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Jul 30
2015 |
Offsetters Announces $280,000 Convertible Debenture for Naturebank Subsidiary |
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VANCOUVER, BC--(Marketwired - July 29, 2015) - Offsetters Climate Solutions Inc. ("OCS" or the "Company") (TSX VENTURE: COO) (FRANKFURT: 9EA) is pleased to announce that WBZ GmbH ("WBZ"), a German company, has agreed to enter into a convertible debenture agreement (the "Debenture") with Naturebank Asset Management Inc. ("Naturebank"). Naturebank is a subsidiary of the Company and is engaged in the development of technologies to increase investment into sustainable forestry, agroforestry and conservation projects. WBZ GmbH is a company that is 50% owned by Alexander Zang, the Chairman and Director of OCS. WBZ is also an existing shareholder of Offsetters. |
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| Source:http://www.marketwired.com/mw/release.do?id=2043112&sourceType=3 |
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