SOURCE: BioNitrogen

BioNitrogen

September 24, 2014 13:44 ET

BioNitrogen President & CFO to Take Leave of Absence

WEST PALM BEACH, FL--(Marketwired - Sep 24, 2014) - BioNitrogen Holdings Corp. (PINKSHEETS: BION), a cleantech company that utilizes patented technology to build environmentally-friendly plants in the US that convert biomass into urea fertilizer, announced today that its Board of Directors has accepted a request by Bryan Kornegay, Jr., its President and CFO, for a leave of absence pending the resolution of a personal business matter unrelated to the company. The Company continues to conduct business as usual as directed by its Chairman and CEO, Carlos Contreras.

BioNitrogen is proceeding with its plans for the engineering and construction of two plants in Taylor County and Hendry County, as previously announced.

About BioNitrogen Holdings Corp
BioNitrogen Holdings Corp. (PINKSHEETS: BION) is a cleantech company that utilizes patented technology to build environmentally-friendly plants that convert biomass into urea fertilizer. Our mission is to provide safe, cost effective, green solutions that are economically beneficial in locations where biomass is produced and urea is consumed. Additional information can be found at www.BioNitrogen.com

Safe Harbor Statement
The forward-looking statements contained in this document involve risks and uncertainties that may affect the Company's operations, markets, products, services, prices and other factors as discussed in filings with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, economic, competitive, legal, governmental and technological factors. Accordingly, there is no assurance that the Company's expectations will be realized. The Company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.

Contact Information

  • Contact:

    Adam Friedman
    Principal
    Adam Friedman Associates
    Email Contact
    917-675-6250

    Julia Bonner
    Director
    Adam Friedman Associates
    Email Contact
    917-675-6248