Alternative Fuels Corporation

Alternative Fuels Corporation

May 19, 2009 13:08 ET

Alternative Fuels Corporation (AFC) Announces Commercialization of Proprietary Technology to Produce World's Greenest Chemicals, Diesel and Jet Fuel From Industrial Waste and Scrap Tires

A New Facility in Sarnia Will Divert 400 Tonnes Per Day of Recycling Residuals Currently Destined for Landfill, Processing It Into Sustainable Specialty Chemicals and Ultra-Clean Transportation Fuels

TORONTO, ONTARIO--(Marketwire - May 19, 2009) - Alternative Fuels Corporation, (AFC) (a wholly owned subsidiary of G4G Resources Ltd. (TSX VENTURE:GXG)) and Turtle Island Recycling Corporation (TIR) today announced a formal agreement in which TIR will supply 400 tonnes per day of recycling residuals (mainly plastics and paper). The waste residuals will be sent to a planned new bio-refinery and sustainable chemical plant in Sarnia, where AFC will utilize its proprietary process to convert the waste into a range of specialty chemicals and the world's greenest diesel fuel.

"The public generally is not aware of the fact that more than 56% of the waste that gets thrown out, still ends up in landfill despite current recycling efforts," said Michael Hepworth, VP of Business Development for Alternative Fuels Corporation. "Much of this waste contains valuable energy which can be extracted without incineration and with no damage to the environment."

This new partnering will result in major recycling accomplishment that will benefit the people of Sarnia, chemical producers in the area and the citizens of Ontario. It will also change the way waste is handled and utilized throughout the world in the future.

"Partnering with Alternative Fuels Corporation to supply feedstock for its process is strategically very important for us, as it will allow Turtle Island Recycling to offer our clients a way to ensure that none of their waste ends up in landfill," said Louis Anagnostakos, co-founder of TIR. "This is something that no other recycler can offer at this stage," Mr. Anagnostakos concluded.

The fuels produced at the AFC facility will be made available to TIR for use in their fleet of trucks, resulting in a closed loop process and environmental protection at both ends of the process. In addition, diesel engines require no modification to run on the fuel AFC proposes to produce.

Mr. Hepworth added, "If North Americans truly want energy independence and green jobs, there is the equivalent of more than 1,000,000,000 barrels of valuable chemical feedstocks and green fuels thrown away every year in landfills across this continent. This should be a priority for governments on both sides of the border."

The Sarnia plant, a world first, will provide an environmentally friendly source of feedstocks for plants and processors seeking sustainable alternatives to traditional petrochemicals. One of the by-products is ultra-clean diesel that can be sold directly to environmentally conscious fleet operators at a premium to regular diesel.

The fuels produced via AFC's process have superior cold weather properties to bio-diesel, making them ideal for climates like Canada and Northern USA. The production of biofuels from waste provides a sensible alternative to landfills, which release significant amounts of greenhouse gases, like methane, that do severe damage to the environment.

Alternative Fuels Corporation, in conjunction with Hawk Partners, will seek capital funding and business development opportunities. In addition, AFC is currently looking for investors and is in discussion with several large multi-nationals who have expressed interest in becoming strategic partners in the Sarnia opportunity.

About Alternative Fuels Corporation, (a subsidiary of G4G Resources (TSX VENTURE:G4G))

The AFC process uses waste destined for landfill to produce the world's greenest diesel, jet fuel and bio-renewable chemical feedstocks.

The products of this process contain no sulphur, no aromatics, no particulates and no nitrous compounds and are produced with a large carbon offset.

AFC fuels will have superior cold weather properties to bio-fuels making them ideal for both Canadian and US customers.

Electricity will also be produced and can be used to run the plant with the excess sold to the grid.

About AFC's Technology:

AFC proposes to use a proprietary second generation Fischer Tropsch technology to convert hydrocarbon feedstocks to specialty chemicals and fuels. The primary benefits of this technology over 1st generation Fischer Tropsch are:

o Lower capital costs

o Lower operating costs

o Ability to profitably run smaller scale plants

o Quick to design and build

o Reduced CO2 output and water consumption

o Equivalent efficiency to 1st generation Fischer Tropsch

The technology was developed by the Centre for Materials and Process Synthesis at the University of Witwatersrand in Johannesburg, South Africa.

About G4G Resources (TSX VENTURE:GXG)

G4G Resources is a Canadian-based mineral exploration and development company focused on a number of resource projects.

Forward-Looking Statement

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to G4G Resources Ltd., please refer to the Company's 2008 Annual Report filed with SEDAR on April 23, 2009.

Should you wish to receive company news via email, please email ir@g4gresources.com and specify "AFC News" in the subject line.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information