Earth Alive Clean Technologies Inc.
CNSX : EAC

Earth Alive Clean Technologies Inc.

February 04, 2015 08:46 ET

Earth Alive Secures Financing for its Clients in the Dominican Republic With Leading Canadian and Dominican Banks

MONTREAL, QUEBEC--(Marketwired - Feb. 4, 2015) - Earth Alive Clean Technologies (CSE:EAC) ("Earth Alive") is pleased to announce that it has established financing facilities for its clients in the Dominican Republic with leading banks and financial institutions in Canada and in the Dominican Republic.

"There is growing interest in the Dominican Republic for Earth Alive's innovative agricultural technologies, and this turn-key purchasing solution will further facilitate our market penetration" announced David Gilmour, CEO of Earth Alive. He further added, "we worked diligently with the banks for many months to build this package, and we are proud that leading financial institutions in Canada and the Dominican Republic recognise Earth Alive's strong potential for sales growth in that market."

"The agriculture industry in the Dominican Republic is very strong and growing rapidly with the organic sector registering the strongest growth. Our line of organic bio-fertilizers is perfectly suited to the market" explained Michael Warren, Vice-President of Earth Alive. Fertilizer sales in the Dominican Republic average $150M a year, and Earth Alive is now well-positioned to capture a share. Mr. Warren further added, "this multi-million dollar financing program greatly assists our local partners and demonstrates our commitment to building strong and long-term client relationships in the country. We believe that 2015 should be a strong year for Earth Alive in the Dominican Republic."

This Earth Alive financing program will be available to large private growers and local COOP's alike. Mr. Warren concluded: "The global organic market is growing exponentially every year, but organic producers in areas such as the Dominican Republic need access to solid financing to compete with conventional growers. We are proud that Earth Alive is able to serve Dominican Republic's organic farmers in this way, and we will offer this type of financing program in other Latin American countries, as well as on the African continent, in the near future."

About Earth Alive Clean Technologies:

Earth Alive aims to be a key player in world markets of environmentally sustainable industrial solutions. The company works with the latest innovations in microbial technology to formulate and patent innovative products that can tackle the most difficult industrial challenges, once only reserved to environmentally harmful chemicals and additives. The company is focused on environmental sustainability in 1) dust control for the mining industry, and 2) the agriculture industry.

For additional company information, please visit: www.earthalivect.com

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • For more investor related information:
    Earth Alive Clean Technologies Inc.
    Mr. Louis Graton
    (514) 249-3134
    lgraton@earthalivect.com