SOURCE: Transglobal Assets, Inc.

TransGlobal Assets, Inc.

May 19, 2011 11:32 ET

TransGlobal Assets Announces $2 Million Financing From Kodiak Capital Group, LLC

LINCOLN CITY, OR--(Marketwire - May 19, 2011) - TransGlobal Assets, Inc. (PINKSHEETS: TMSH) (OTCQB: TMSH) is pleased to announce that the Company has signed an agreement with New York-based institutional investor, Kodiak Capital Group, LLC, to invest up to $2 Million USD. The Company will utilize the investment primarily to expand the portable Biomass Waste-2-Energy system projects.

"Kodiak Capital Group's strategic and timely investment will accelerate our ability to begin seizing the enormous opportunities at our doorstep in the Renewable Energy industry," said Kent Strickler, President and CEO of TransGlobal Assets. "We are delighted that a well respected investment group has confidence in our growth strategy and recognizes that we are on the verge of rapid expansion in the profitable Biomass arena, first within Romania then swiftly moving into other EU countries." Strickler added, "This is just the beginning of the financing arrangements we are securing for both working capital and the funding of our acquisitions. We expect our relationship with Kodiak to be a win-win endeavor and potentially expand beyond this initial investment."

"TransGlobal Assets has a unique business plan in the Renewable Energy Sector that provides answers to many environmental problems and clean energy demands. We see the opportunity for explosive growth in this arena and would like to be a part of it," said Ryan Hodson, Managing Director of Kodiak Capital. "Kodiak looks for strong young companies with great potential where we can assist with financing and strategic planning. This is an exciting first step with TransGlobal Assets, and we look forward to working with them over the coming months and years."

About TransGlobal Assets, Inc.: TransGlobal Assets, Inc. is a rapidly evolving global holding corporation strategically poised to build a multi-billion dollar asset base within diverse industries around the world. The Company's initial emphasis is on Renewable Energy Ventures, Resort and Hospitality Properties, Senior-Related Services, Commercial Real Estate, select Manufacturing, and beyond. To learn more about TransGlobal Assets, Inc., please visit: www.transglobalassets.com

About Kodiak Capital Group, LLC: Kodiak is an institutional investor headquartered in New York, NY. Kodiak's experienced professionals manage a portfolio of investments in public and private entities. These investments are in a wide range of companies and industries emphasizing life sciences, energy and technology. Kodiak's investments range from multiyear financial commitments to fund growth to special situation financings to long-term strategic capital offering companies certainty, flexibility and consistency. For more information, visit www.kodiak-capital.com

Safe Harbor Statement
This news release contains "forward-looking statements" as that term is defined in Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements. Forward-looking statements involve known and unknown risks, and other factors that may cause actual results or achievements to differ materially from the anticipated results or achievements expressed or implied by such forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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