(via Thenewswire.ca)
OTCBB: GGXCF
TSX.V: GGX
April 9, 2013 - Global Green Matrix Corporation ("Global Green" or the "Company") - TSX Venture: GGX today announced Q-1 2013 revenues of $932,266 as compared to revenues of $335,272 in Q-4 2012.
These revenues were realized through the Company's 100% owned subsidiary 1503826 Alberta Ltd., operating as Intercept Rentals ("Intercept"). Intercept generates revenues from the rental & service of its two "BIG HEAT" water-heating units. The Units use a proprietary and innovative technology that heats water required in the fraccing process used by many companies in the oil and gas industry.
Randy Hayward CEO, states: "The Company's revenues for our first quarter are up substantially. This is due to greater market acceptance and that we obtained delivery of a second heating unit February 17, enabling us to obtain and perform larger contracts in the industry. We are excited about the rest of 2013, as we have ordered three additional Units that should be shipped to Alberta by August of this year. We remain committed to delivering exceptional value for our customers and shareholders."
The reported revenues are gross figures that have been invoiced from the operations of Intercept Rentals. The Company's auditors will be providing audited financials for the 2012 financial year by the end of April and the Company will file these along with the un-audited Q-1 financials on SEDAR and our website when completed.
About Global Green Matrix Corp.
(www.globalgreenmatrix.com)Global Green Matrix Corp is an Oilfield Services Firm primarily focused on servicing oil and gas companies and their fracking operations. Through it's wholly owned subsidiary, Intercept Rentals, the Company currently owns and operates one truck and one trailer mounted water-heating unit, called "Big Heat." Global Green rents these units to various oil and gas companies that require heated water for their fracking operations. The Company has plans to add an additional 3 heating units within the next few months.
ABOUT INTERCEPT RENTALS:
(www.interceptrentals.com)Intercept Rentals is a registered trade name of 1503866 Alberta Ltd., a wholly owned subsidiary of Global Green Matrix Corp. The subsidiary company has obtained the exclusive right to own and operate a new patent pending technology that provides a highly efficient and safe method of heating water used by oil companies in their fraccing operations.
For further information visit our website at www.globalgreenmatrix.com, email at info@globalgreenmatrix.com or contact:
Randy Hayward, President
Global Green Matrix Corp.
Phone: 250-247-8689 or 604-687-8855
Fax: 604-628-5001
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