SOURCE: Canadian Blue Gold Inc.

November 28, 2007 08:30 ET

Canadian Blue Gold Inc. Announces Completing Its First Round of Capitalisation for $1 Million

Principal Investor and CEO, Allain Barrière, Rounds Up Major Investors to Raise the Necessary Capital to Rapidly Launch Distribution Operations

ORLANDO, FL--(Marketwire - November 28, 2007) - Canadian Blue Gold, Inc. (PINKSHEETS: CBGC) today announced completing its first round of capitalisation for CAN $1 million. Principal investor and CEO, Allain Barrière, has rounded up major investors to secure the necessary capital to meet the initial growth objectives of the company -- mainly the development and organization of sales and distribution operations, for both Canadian and U.S. markets.

CEO Allain Barrière stated: "Now that we have completed the master distribution license for our new and exclusive Oxygenated Water product, our team is on the accelerated beat to distribute this and our other products through existing bottling distributers via both joint venture and sublicensing agreements.

"I want to express heartfelt thanks to each and every accredited investor who participated in this round of capitalisation, as well as our current shareholders, for the ongoing support."

For more information on Canadian Blue Gold, please visit the Company corporate Web site at: www.canadianbluegold.com or contact Canadian Blue Gold's Investor Relations firm Equiti-Trend Advisors. Representatives are available on market days from 9:30 a.m. to 5:30 p.m. EST by calling (800) 953-3350.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Equiti-trend Advisors LLC
    (800) 953-3350 U.S. and Canada
    (858) 436-3350 Local