Four Rivers announces new brand ahead of its transition to commercial operations
LONDON, Nov. 4 /PRNewswire/ - Four Rivers BioEnergy Inc. (FRBE.PK) ("4Rivers'' or "Four Rivers" or "the Company") today announced that it is adopting a new trading name for its activities. It has also released a new website which may be found on its URL (www.riv4ers.com).
The new trading name (Verta Energy) and logo (shown here: http://www.riv4ers.com) will be used henceforth as the Company's main trading brand.
Stephen Padgett the Chief Executive Officer explained
"In my recent letter to our shareholders I stated that we had now reached an advanced stage in execution and planning for the commercialisation of the UK industrial site and associated infrastructure and plant that we acquired last year and that we are currently in the process of completing - to convert the site into our first Integrated Waste to Energy Plant. I also explained that our focus will be on the integration of the natural cycle from waste to energy. 'Verta Energy' denotes the vertical integration of waste and renewables into sustainable energy and I am delighted to be able to announce this re-branding"
Mr Padgett continued in a reference to the Company's new web-site:
"I am pleased to be able to announce the launch of our new web-site, which not only sets out the new branding underlying Verta Energy, but also provides further insight into the inherent value in the industrial site that we purchased last year and the work that we have been doing to convert that site into a waste to energy business. The new web-site gives an overview of our aspirations for the site. Once our current round of capital raising is complete, I look forward to being able to set out in some detail the phased plan that we shall adopt and the priorities that we shall set for the first phase of the project."
For the benefit of our Spanish investors, a separate translated version of this press release has also been issued. To view this release please visit: http://files.newswire.ca/905/fourriversspanish.pdf
About Four Rivers BioEnergy, Inc.
Four Rivers BioEnergy, Inc. is focused on realizing the potential to produce and sell energy (in the form of electricity) and biofuels from sustainable waste and renewable feedstocks. Our business model involves the vertical integration of the energy production cycle from feedstock procurement and processing through to electricity generation and sale, all within one business model and on one industrial site. We are presently in the final phases of completing our first Integrated Waste to Energy Plant on an industrial site in the UK which we acquired in 2009.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's good faith views and expectations when made. Forward-looking statements are inherently subject to known and unknown risks and uncertainties which, in the case of the company, include raising adequate capital to continue operations, technology and product development uncertainties, competition, cost and availability of feedstock, and plant development and manufacturing scale up. Actual results may differ, perhaps materially, from those discussed in the forward-looking statements. The company discussed in this release is not obligated to update its forward-looking statements or comment on those differences. Readers are encouraged to refer to the recent public filings of the company to further ascertain the risks associated with the forward-looking statements. Readers are urged not to place undue reliance upon such statements.
SOURCE Four Rivers BioEnergy Company Inc.
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