GDG Environment Group Ltd.
TSX VENTURE : GDG

GDG Environment Group Ltd.

January 21, 2011 17:13 ET

Group GDG Environment Announces the Result of the Vote Passed for the Approval of the Compromise Presented to its Shareholders

TROIS-RIVIÈRES, QUÉBEC--(Marketwire - Jan. 21, 2011) - Group GDG Environment Ltd (« GDG » or the « Company ») (TSX VENTURE:GDG), announces the result of the vote held to approve of the compromise presented to its shareholders. Firstly, the shareholders approved in a proportion of 99.9 % the by-law concerning the compromise to be approved, this vote required a three quarters (3/4) of the shares held by the shareholders present at the meeting, in person or by proxy. Secondly, the vote concerning the approval of the minority shareholders, concerning the by-law relating to the compromise and the voluntary delisting of the common shares of the Company from the TSX Venture Exchange. More than 80 % of the minority shareholders participated to the vote and approved the proposal in a proportion of 99.5%.

As a consequence, GDG filed, today, a motion by virtue of Section 49 of Companies Act seeking the approval of the compromise by the Superior Court in Trois-Rivières. The motion will be heard on January 25, 2011 at 9:00 am at the Trois-Rivières Court House, located at 850, rue Harts in Trois-Rivières, province of Quebec.

About GDG Environment Group (www.groupegdg.com)

Since 1980, GDG Environment Group, a recognized Canadian leader in the integrated control of biting flies, offers a broad range of environmental services targeting the improvement of quality of life and the protection of public health, mainly through the biological control of biting flies, vector control and the surveillance and prevention of West Nile Virus in Canada.

GDG Environment Group operates 4 divisions: GDG Environment, front-runner in the biological control of biting flies and vector control, GDG Aviation which manages all aerial operations for the Group Diamond Sylvico, a Northern Quebec subsidiary, firmly established in the Cree Community of Quebec and Groupe Bio Services which services are a great complement to the ones offered by GDG Environment Group.

The Group markets its expertise throughout the country and has a strong team of scientists and managers plus a team of nearly 200 professionals and technicians in the summer. The Group is established as the most important player in Canada, after more than 600 successful mandates, in the field of biological control of biting flies and in the management of disease vectors.

GDG Environment Group is listed on the TSX Venture Exchange under the ticker "GDG" - (TSX VENTURE:GDG).

The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this press release.

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