Managua, Nicaragua – June 20th, 2011 – Global Green Carbon Corporation (“Global Green Carbon”, “GGC” or the “Company”) announced today that it has created a wholly-owned subsidiary Global Green Carbon- Nicaragua S.A. (“GGC-N”). GGC-N has been registered for incorporation under Nicaraguan law and will serve to facilitate the operations of Global Green Carbon’s numerous projects and business dealings within the country.
“The opening of our new subsidiary in Nicaragua is instrumental for Global Green Carbon’s commitment to developing projects that generate results across the GGC triple bottom line -- environmental, social, and financial”, commented Kirsten McGregor, President of GGC. “GGC- Nicaragua will provide a solid foundation for our growth within the region and will provide a legal framework for our projects which span upwards of 25 years.”
ABOUT:
Global Green Carbon Corporation (GGC) is a world-wide project developer of carbon financed AFOLU (Agriculture, Forestry and Land Use) initiatives. Global Green Carbon’s unique integrated land management strategy not only addresses one of the primary causes of global warming, but also rehabilitates degraded ecosystems, conserves bio-diversity, regenerates dwindling water resources and provides employment for marginalized communities. For more information, visit, visit www.globalgreencarbon.com.