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Global Green Carbon Allows Purchase Option to Expire - GGC revalues the terms surrounding the acquisition of Optim Consult

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Chicago, IL – July 14th, 2011 – Global Green Carbon Corporation (“Global Green Carbon”, “GGC” or the “Company”) announced today that it has allowed its option to purchase Optim Consult (Optim) to expire.

In a statement released Thursday morning by Christopher Werner, CEO of Global Green Carbon, Mr. Werner stated, "The carbon environment continues to change at unprecedented rates. We believe that it is in the best interest of GGC and its stakeholders to renegotiate an acquisition of Optim which better values each company's position.”


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. Pioneering projects using innovative strategies, Global Green Carbon is positioned to become a leader in the forest carbon industry. For more information, visit www.globalgreencarbon.com.
OPTIM Consult (Optim) is a carbon finance company headquartered in Bogotá, Columbia.
 

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