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Global Green Announces Closing of Private Placement

Global Green Announces Closing of Private Placement

(via Thenewswire.ca)

June 28, 2013 - Global Green Matrix Corporation ("Global Green" or the "Company") - TSX Venture: GGX; OTCBB: GGXCF; announces that it has closed on the second tranche of its previously announced non- brokered private placement. The offering consisted of common shares in the Company offered at a price of $0.075 per share. The Company has received proceeds of $177,500 for the second tranche for total gross proceeds of $777,500.

The shares will be subject to a four month hold period from the date of closing. On receiving approval the Company may also pay a finder's fees of up to $17,750 cash to qualified finders.

The closing of the private placement is subject to approval by the TSX Venture Exchange.

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 its 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's heating units have the ability to heat water on a continuous flow basis.

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 rights for Canada 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 fracking operations. Intercept is also able to operate in the USA by agreement with the developers of the technology.

For further information visit our website at www.globalgreenmatrix.com, email at info@globalgreenmatrix.com or contact:

Global Green Matrix Corp.

Randy Hayward, President

Phone: 250-247-8689 or 604-687-8855

Fax: 604-628-5001

OR

Investor Relations and Communications

Buchalter Consulting

Toll free 1 866 631 6537

Email: stan.buchalter@buchalterconsulting.ca

Neither The TSX Venture Exchange Nor Its Regulation Services Provider (As That Term Is Defined In The Policies Of The TSX Venture Exchange) Accepts Responsibility For The Adequacy Or Accuracy Of This News Release.

Copyright (c) 2013 TheNewswire - All rights reserved.



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