(TheNewswire)
Vancouver, British Columbia / TheNewswire / April 19, 2018 - Green 2 Blue Energy Corp. ( CSE: GTBE, OTCQB: GTGEF, FWB:
1NZ.F ) (" G2BE " or the " Company
") announces that, it has recently ordered new equipment and machines to expand production capacity at its pellet
facility in Poland.
The Company has recently ordered one additional pellet mill, a hammer mi ll and a commercial drum dryer for drying its raw feedstock and expects the new equipment and
machines to arrive and be installed in the coming weeks. The ordered equipment meets the highest market standards, is expected to
increase the production efficiency at the plant in Rzeczenica and is one of the first steps of the planned expansion.
G2BE’s Chief Executive Officer, Slawek Smulewicz stated, “This is a big step
for us as it almost doubles our overall production capacity to above 3,000 tonnes a month and allows the Company to fulfil its
pending purchase orders from heat and power producers for delivery of commercial pellets.”
About G2BE
G2BE is a renewable energy company focused on residential and commercial wood pellet production and the
implementation of biomass gasification technology to generate combined heat and power. G2BE's wood pellets are sold to retail
outlets and power producers throughout Europe, including the United Kingdom, Germany, Poland, Italy and Denmark.
On Behalf of the Board of Directors
“Slawek Smulewicz”
Slawek Smulewicz
Chief Executive Officer and Director
For more information, please contact:
Glenn Little
Director, Corporate Communications
Telephone: (604) 539-5023
The Canadian Securities Exchange has neither approved nor disapproved the information contained
herein.
This news release contains “forward-looking information” within the meaning of applicable
securities laws. The Company has provided the forward-looking information, including, without limitation, statements relating to the anticipated receipt of equipment for its production facility in
Poland and resultant increase in production capacity and efficiency, in reliance on assumptions that it
believes are reasonable at this time. Although the Company believes in light of the experience of its
officers and directors, current conditions and expected future developments and other factors that have been considered appropriate
that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them
because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially
from those contemplated by these statements depending on, among other things, changes in general economic,
market, or business conditions, and those risks set out in the Company's public documents filed on SEDAR. The forward-looking
statements contained in this news release are made as of the date hereof and the Company does not
undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except
as required by applicable securities laws.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Copyright (c) 2018 TheNewswire - All rights reserved.