SOURCE: Green Energy Resources

March 30, 2006 05:46 ET

Green Energy Resources Announces 5% Stock Dividend; Extends Record Date to April 12, 2006

NEW YORK, NY -- (MARKET WIRE) -- March 30, 2006 -- Green Energy Resources (OTC: GRGR), at the request of the NASDAQ dividend section (rule 10b17), it has extended the record date to April 12,2006 from March 31, 2006. The date was altered to provide NASDAQ proper notification time tables. The dividend payment date scheduled for May has not been affected. The shares will be allocated from existing company shares (already authorized) and not newly issued.

Green Energy Resources, providing 1st qtr guidance, stated it will meet and exceed its profit target for the first quarter of 2006.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

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