GreenAngel Energy Corp.
TSX VENTURE : GAE

GreenAngel Energy Corp.

November 04, 2013 09:00 ET

GreenAngel Energy Appoints John Wiebe to Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 4, 2013) - GreenAngel Energy Corporation ("GreenAngel") (TSX VENTURE:GAE) announces the appointment of John D. Wiebe to its board of directors.

John D. Wiebe is the President and CEO of the GLOBE Group of Companies, having started the GLOBE Foundation in 1993, a renowned environmental business group headquartered in Vancouver, Canada. As an internationally known expert on environmental business and the application of sustainability principles to business ventures, he was recognized most recently in Sept. 2011 as one of Canada's Clean16, naming him one of 16 individuals who have done the most to advance the cause of sustainability and clean capitalism in Canada. He has managed projects and advised governments and corporations in all parts of the world for the past 30 years. He has been a senior executive with the Government of Canada and served on the National Roundtable on Environment and the Economy where he chaired the Capital MarketsTaskforce. He has chaired many public hearings on major infrastructure developments in Canada including the Roberts Bank Superport.

Mr. Wiebe has served as President & CEO of the Asia Pacific Foundation; Chairman of the Board of the Canadian Education Centre Network and Global Schools Inc.; Chair of the Vancouver Economic Development Commission; Director of the International Centre for Sustainable Cities; the McCrae Institute; Tonbridge Power Inc.; Desert Gold Corp; Bolton's Capital Corp. on the Advisory Boards of the Simon Fraser University School of Business, Enbala Power Networks, ERA Ecosystem Restoration Associates, the Banff School of Management and the East West Center.

He currently serves as the Chairman of Green Table Network and Executive Chair of Globe Performance Solutions Ltd.; is a Director of West Mountain Capital Corp,; Advantage BC; EcoCanada; InTrust Global Investments LLC; Sustainable Media Group LLC; the Canada Eurasia Russia Business Association (CERBA) and is a member of Procter & Gambles Expert Advisory Panel and a recent member of the Government of Canada's Cleantech Sector Advisory Board.

Michael Volker, Chairman, comments "We are delighted that John Wiebe is joining us as a director. His significant business and leadership experience, with global companies in the clean technology sector will be an important contribution to the board."

Two current directors, Robert de Wit and Bruce Schmidt are resigning as directors but will continue to serve the Company on its Board of Advisors. This will allow the Company to keep the number of directors at five. The Company appreciates the many contributions made by Mr. de Wit and Mr. Schmidt and is delighted that they will continue in an advisory role.

The current board includes John Wiebe, Eamonn Percy who was appointed at the annual meeting in June, James Pratt, Alan Werenko and Michael Volker.

About GreenAngel Energy

GreenAngel Energy Corp. is the first publicly traded company that invests in emerging green technology companies. We provide an avenue for public investors to gain access to a portfolio of the most promising angel-stage investments across a spectrum of green technology sectors. Our focus is commercializing new technologies that produce renewable energy, improve energy efficiency, or use renewable energy resources such as water, wind and solar. We also work with companies that deploy or manage technologies and processes that reduce greenhouse gas (GHG) emissions. In addition to providing strategic capital to investee companies, GreenAngel also mentors and advises investees to help ensure these companies achieve commercial success. The firms include Delaware Power Systems, Light-Based Technologies, Habitat Carbon Assets, moj.io Inc, DPoint Technologies, Paradigm Environmental Technologies and Mazza Innovation Ltd. For more information, please visit www.greenangelenergy.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

ON BEHALF OF THE BOARD

Michael Volker, Chairman

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements that reflect the expectations of management regarding the Company's listing of its common shares on the TSX Venture Exchange. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

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