GHG Emission Credit Participation Corp.

GHG Emission Credit Participation Corp.

June 08, 2007 12:20 ET

GHG Emission Credit Participation Corp. Announces Initial Public Offering

TORONTO, ONTARIO--(Marketwire - June 8, 2007) - GHG Emission Credit Participation Corp. (the "Corporation") is pleased to announce that it has filed a preliminary prospectus in respect of an initial public offering of units. Each unit consists of one common share and one-half of one common share purchase warrant.

The Corporation has been formed to provide investors with exposure to Carbon Emission Credits, which are intended to assist companies, industries and governments achieve greenhouse gas ("GHG") emission reduction targets. The Corporation will seek to acquire Carbon Emission Credits and assets that provide direct and indirect exposure to Carbon Emission Credits, both through exchanges where Carbon Emission Credits are bought and sold, and through private transactions, typically with entities whose activities generate Carbon Emission Credits, with the objective of achieving capital appreciation.

Natsource Asset Management LLC ("Natsource") has been retained by First Asset Investment Management Inc. as sub-advisor to the Corporation. Natsource is a leading emission and renewable energy asset management firm with significant expertise in the origination, creation, and trading of emission credits and related assets. Natsource Asset Management Corp. is the manager of the Greenhouse Gas Credit Aggregation Pool (GG-CAP), and Natsource Asset Management LLC manages a series of private accounts and the Aeolus Onshore and Offshore Funds.

The offering is being led by CIBC World Markets Inc.

The Preliminary Prospectus is available at www.sedar.com.

Contact Information

  • GHG Emission Credit Participation Corp.
    Barry H. Gordon
    President
    (416) 642-1289 or 1-877-642-1289
    Website: www.GHGEmissionCredit.com