Pacific Green Appoints Peter Rossbach as Independent Director

DOVER, DE, Feb 4, 2021 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Peter Rossbach as Non-Executive and Independent Director, effective February 1st, 2021.

Peter Rossbach has worked in the renewable power sector since 1985 starting with Standard & Poor rating renewable projects bonds in California.

Peter moved to Catalyst Energy, a developer of hydro and cogeneration projects before becoming VP of Project Finance for Mitsui Bank, specializing in structured debt for US based wind and cogeneration projects.

Peter has made dozens of investments in hydro, wind and solar projects in over twelve countries creating a portfolio of in excess of 1GW. Currently Peter serves as Senior Advisor and sits on the investment committee for a number of Impax's private equity funds and is an Independent Director of UGE International Ltd, a TSX-listed PV solar company.

Peter has a degree in Government from Harvard College and a Masters' degree in Public Policy from Harvard's Kennedy School of Government.

Scott Poulter, PGTK's Chief Executive commented: "Peter's vast international experience and knowledge of the industry, along with his investment background, brings great strength to our business. His input will be hugely significant as we develop Pacific Green, into an industry leading renewable technology group globally."

About Pacific Green Technologies, Inc.

Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers BESS and Concentrated Solar Power (CSP) energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green's technologies, potential business developments around the world and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Pacific Green Enters Into a Framework Agreement With Sinopec to Work on a Portfolio of Projects That Include Onshore and Offshore Wind Power, Photovoltaic Power and Comprehensive Energy Utilization

DOVER, DE, Jan 26, 2021 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "Pacific Green," (OTCQB:PGTK)) is pleased to announce that a wholly owned subsidiary of Pacific Green Technologies (Shanghai) Co. Limited has signed a Framework Agreement (the "Agreement") with SINOPEC Star Co., Ltd. ("SINOPEC Star"), a subsidiary of SINOPEC, the world's largest oil refining, gas and petrochemical conglomerate headquartered in Beijing to provide design, development engineering and consulting services.

The Agreement provides for Pacific Green to work alongside SINOPEC Star on a portfolio of projects in the areas of Onshore and Offshore Wind Power, Photovoltaic Power and Comprehensive Energy Utilization, as SINOPEC seeks to expand its renewable energy portfolio. The Agreement is effective until 1 December 2022.

Scott Poulter, Pacific Green's Chief Executive commented: "The Framework Agreement covers a portfolio of exciting projects and it is a great honour to have been engaged to work alongside SINOPEC Star's excellent team."

Scott added: "Pacific Green's technologies, particularly in the solar power, desalination and battery energy storage system (BESS) sectors, provide the perfect solution to the world's growing demand for renewables and the increasing involvement of the oil majors in renewable and sustainable energy."

About Pacific Green Technologies, Inc.

Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers BESS and Concentrated Solar Power (CSP) energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

About SINOPEC Star

SINOPEC Star is a subsidiary of SINOPEC, the world's largest oil refining, gas and petrochemical conglomerate headquartered in Beijing and listed in Hong Kong, its shares also being traded on the New York and Shanghai stock exchanges.

SINOPEC Star is based in Beijing and focused on clean energy such as geothermal, waste heat, solar energy and natural gas comprehensive utilization.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green's technologies, potential business developments around the world and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the Agreement with SINOPEC Star, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NUCROP – Hybrid Electric Crop Protection, Nufarm and CROP.ZONE Launch New Brand for Alternative Weed Control

Aachen, Germany, Jan 21, 2021 – (ACN Newswire) – Australian crop protection and specialty seed company, Nufarm and German ag-tech start-up, CROP.ZONE are announcing the launch of NUCROP – Hybrid Electric Crop Protection. Through its Early Adopters Program, the competitive and sustainable alternative for weed management is now available to Farmers and Contractors in Germany, France, Belgium and the Netherlands.



NUCROP, powered by CROP.ZONE



The NUCROP solution combines chemical and physical processes to create a compelling and sustainable method of weed control. By pre-treating plants with conductive liquid, acceptable for organic use, and then applying electrical charge, the solution can control weeds with a very high degree of efficiency and lower energy consumption than conventional weeding technologies.

In the Early Adopters program, Nufarm and CROP.ZONE team up with selected channel partners in Germany, France, Belgium and the Netherlands and offer farmers and contractors access to NUCROP technology. The Early Adopters Program will focus on several crops and applications, with a strong focus on potato desiccation in 2021. Other uses are in trailing phase and will be available to farmers shortly. The NUCROP technology offers farmers and contractors a real alternative to chemical solutions at competitive prices, especially for those crops where chemical weed control options have been reduced and where alternative technologies are required.

For more information on the Early Adopters Program, visit us at www.crop.zone.

With NUCROP, Nufarm and CROP.ZONE offers a safe, reliable, and environmentally friendly alternative to make European agriculture more sustainable.

About CROP.ZONE

CROP.ZONE was established in 2019 by a highly experienced team of AgTech experts with decades of experience in the same field. Today, CROP.ZONE's hybrid herbicide solution is active in the field, demonstrating its efficacy in weed management, cover crop burn-down, and pre-harvest desiccation. CROP.ZONE offers electrophysical solutions to combat weeds and manage pre-harvest desiccation, providing farmers with an alternative tool against the backdrop of increased regulatory requirements and societal expectations. The innovative patented CROP.ZONE solution can replace a significant part of today's synthetic herbicide use. It provides a competitive alternative for weed management, thus contributing to yield optimization and farm profitability while helping achieve sustainability goals. CROP.ZONE's solutions give the company a strong footing in the future agriculture market.

About Nufarm

Nufarm Limited is a leading developer and manufacturer of crop protection solutions and seed technologies. Our team of more than 2,500 people make a vital contribution to our reputation for quality products that meet the needs of growers, customer support, and partnership in major agricultural markets in Europe, North America, and Asia Pacific. Nufarm is listed on the Australian Securities Exchange (symbol NUF) and our head office is located in Melbourne, Australia.

Media Contact – crop.zone
Michiel De Jongh
Strategic Advisor & CCO
MICHIEL.DEJONGH@CROP.ZONE
+34 658 563 828

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Indonesia’s Rimba Raya: World First REDD+ Project Validated for its Impact on all 17 SDGs

Central Kalimantan, INDONESIA, Jan 19, 2021 – (ACN Newswire) – In September 2020, the Rimba Raya Biodiversity Reserve project obtained independent verification for contributing to the environment, biodiversity and Sustainable Development Goals (SDGs), and upholding the rules and procedures of the SD VISta (Sustainable Development Verified Impact Standard) Program.





Rimba Raya is the first REDD+ project validated under the SD VISta Program for its impact on each of the 17 United Nations Sustainable Development Goals (SDGs), resulting from the project's various activities. The initiatives introduced prevent deforestation and land-use change and encourage community development and economic growth.

"We are very proud of the verification results. This makes the Rimba Raya project become even more determined as a verifiable REDD+ conservation project with additional benefits for the environment and society, supporting people's lives and achieving an impact toward the 17 SDG goals," said Sylviana Andhella, Executive Director of Rimba Raya Conservation.

In January 2020, an independent third-party assessment was carried out by AENOR at the Rimba Raya project in Central Kalimantan, Indonesia. The main objective of the assessment was to ensure compliance with the rules and requirements of the SD VISta Program were being met..

The scope of the assessment included the impact of the project on sustainable development, and our contribution to the UN SDGs, and their benefit to community members, including their financial prosperity. Additionally, the project was evaluated for significant contribution to the protection of habitat and biodiversity.

The SD VISta Program provides a new standard for understanding the specific impact of a project, both environmental and social aspects. SD VISta enables the project to assess the benefits of sustainable development generated directly towards achieving the SDG's goals. By successfully completing the Verra SD VISta audit, the Rimba Raya project provides a new level of quality assurance and transparency in reporting project results and additional impact claims for emissions reduction efforts.

Rimba Raya project was initiated by InfiniteEARTH, implemented and managed by Rimba Raya Conservation. The purpose of the project is to reduce emissions in Indonesia by conserving about 64,000 hectares which encompasses large areas of tropical peat swamp forest. This action was vital to preventing the conversion of the entire area to an oil palm plantation, which would certainly have led to additional forest degradation within the adjacent Tanjung Puting National Park and consequent loss of biodiversity and habitat, particularly for the endangered Bornean orangutan and other vulnerable animals listed on the IUCN Red List of Endangered Species. Rimba Raya project works in 14 villages in Seruyan district, Central Kalimantan, in which community living dependently on rivers and forests within and along the project's borders.

Over the years, Rimba Raya project has introduced several economic incentives which are aimed at promoting community development, district government infrastructure and project area protection. Community programs serve as a means to encourage continued efforts in the preservation of the tropical peatland forests and to encourage a greater understanding of each individual's impact, while highlighting the importance of coming together as a community to ensure that these initiatives are relevant and sustainable.

Community involvement is enhanced through the development of programs that improve quality of life. These initiatives cover a broad spectrum of services such as:
– Initiatives that promote sustainable livelihoods
– Increased access to healthcare
– Early childhood development
– Fire prevention activities
– Water filtration systems
– Access to training and higher education
– Forest patrols

Verified Sustainable Development Goals

SDG No. – GOAL – Direct Contributing Project Activities
1. No Poverty – Employment, Micro enterprises, Solar Power & Solar Lanterns
2. Zero Hunger – Chicken Farms & Zuper Shrimp Paste
3. Good health & well being – Floating Clinic, Reading Glasses
4. Quality Education – Training, Scholarships, Community Centers & Village Libraries, Mangrove Reforestation
5. Gender Equality – RRC employment, Chickens Farm & Zuper Shrimp Paste
6. Clean Water and Sanitation – Water filters and Water Filtration systems
7. Affordable and Clean Energy – Power Solar & Solar Lanterns
8. Decent Work and Economic Growth – Chickens Farm & Zuper Shrimp Paste, Tree nurseries, Community Centers & Village Libraries
9. Industry, Innovation & Infrastructure – Industry, Innovation & Infrastructure Solar power, Micro-Credit; Chickens Farm & Zuper Shrimp Paste, Community Centers
10. Reducing Inequality – Solar Power & Solar Lanterns, Water filters
11. Sustainable Cities and Communities – Support for Tanjung Puting National, Orangutan Care Facility
12. Responsible Consumption and Production – School Curriculum: promoting Climate Change/Sustainability at school in project area
13. Climate Action – Mangrove Reforestation & Peat Swamp Reforestation, Establishment and Protection of the Rimba Raya Reserve, Community Firefighting, Training, School Curriculum: Climate Change/Sustainability, Tree nurseries
14. Life Below Water – Seruyan River Cleanup; Mangrove Reforestation
15. Life on Land – Mangrove Reforestation & Peatswamp Reforestation, Tree nurseries, Establishment and Protection of the Rimba Raya
16. Peace, Justice, & Strong Institutions – Community Centers, Solar power
17. Partnerships for the Goals – Development Donations

About PT Rimba Raya Conservation

PT Rimba Raya Conservation (PT RRC) is a company that develops the programs of ecosystem conservation and restoration by protecting and securing the trees, establishing the forest and conserving the forest's biodiversity. The release of orangutans is one of the fundamental obligations of PT RRC as the licensee of Timber Forest Product Utilization Restoration (IUPHHK-RE).

PT RRC is clearly committed to protect, conserve and secure its work area concession of 64,000 hectares to the fullest including to restore the forest and its biodiversity and the local community. PT RCC is a privately held company that pioneers ecosystem conservation and restoration by implementing a REDD+ program. For more information, please visit www.rimba-raya.com.

Contacts:
Frita Junita
Communication Officer, Rimba Raya Conservation
Email: rimbarayajakarta@gmail.com
Hp +62 857-1743-7001

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Pacific Green Signs Battery Energy Storage System Strategic Manufacturing Framework Memorandum of Understanding with Shanghai Electric Gotion New Energy Technology CO., LTD.

DOVER, DE, Jan 15, 2021 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "PGTK," (OTCQB:PGTK)) announces the signing of a Battery Energy Storage System Strategic Manufacturing Framework Agreement Memorandum of Understanding (the "Framework Agreement") with Shanghai Electric Gotion New Energy Technology Co., Ltd. ("SEG").

Under the terms of the Framework Agreement, the parties will work together towards the development of various lithium-ion Battery Energy Storage System (BESS) projects around the world. PGTK, through its wholly-owned subsidiary, Pacific Green Energy Storage Technologies, Inc., will manage each project's overall execution, including system design, integration, and commercial optimization, while SEG will produce the battery technology as the equipment manufacturer.

Scott Poulter, PGTK's Chief Executive, commented: "The BESS sector around the world is developing at an exponential rate and with the signing of this Framework Agreement, we have now combined PGTK's existing capabilities following the acquisition of UK BESS technology company Innoergy Limited with SEG's capacity, technology, and expertise, to ensure we can meet the demand in this rapidly expanding sector."

James Gratton, Pacific Green Energy Storage Technologies, Inc.'s Technical Director, noted: "SEG has established itself as one of the largest and most reputable BESS technology integrators in the world, and with multiple certified production centers, we are confident that they have the capacity necessary to meet the needs of our project pipeline."

Gareth Dauley, Vice President of Pacific Green Energy Storage Technologies, Inc., commented: "Lithium-ion batteries, which we have identified as best suited for our projects due to their high-energy density, safety track-record, and long service life, are the cornerstone of state-of-the-art BESS developments. This Framework Agreement will combine our existing experience and industry-knowledge with SEG's long track-record of lithium-ion battery production to ensure commercially optimized and technologically bankable projects."

SEG, which is a joint-venture between Shanghai Electric Group Co., Ltd. ("Shanghai Electric") and Guoxuan High-tech Co., Ltd., operates among the largest and most advanced production and supply-chain management centers in the world. Shanghai Electric (SHA: 601727), which has 70,000 employees and over US$20b in operating revenue, provides a strong industrial backing and decades of experience in power equipment manufacturing and integration.

About Pacific Green Technologies, Inc.

Pacific Green Technologies, Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers BESS and Concentrated Solar Power (CSP) energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

About Shanghai Electric Gotion New Energy Technology Co., Ltd.

Shanghai Electric Gotion New Energy Technology Co., Ltd. is a joint-venture between Shanghai Electric Group Co., Ltd. and Guoxuan High-tech Co., Ltd. With multiple production facilities and a long-established history in technology manufacturing and supply-chain management, SEG is well-positioned to provide lithium-ion BESS technology around the world.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding PGTK's technologies, potential business developments around the world, and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the Framework Agreement with SEG, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

CONTACT:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TES Agrees Minority Equity Investment with Sojitz

SINGAPORE, Jan 15, 2021 – (ACN Newswire) – Sojitz is engaged in a wide range of businesses globally, including buying/selling/importing/exporting goods, manufacturing and selling products, providing services, and planning and coordinating projects in Japan and overseas. Sojitz also invests in various sectors including automobiles, aerospace, medical infrastructure, energy, mineral resources, chemicals, agricultural and forestry resources, consumer goods and industrial parks. Headquartered in Japan, the Sojitz Group consists of approximately 400 subsidiaries located around the world.





With recent concerns surrounding resource depletion and uneven commodity resource distribution, the resource recycling business is expected to become increasingly important. This investment means TES can combine its extensive capability base with Sojitz's deep experience in metals and comprehensive resource recycling businesses to develop and innovate outcomes for commodities that will become a significant source of raw materials in the coming decades. Sojitz will partner with TES to promote TES services in Japan, and Sojitz's extensive network will leverage TES's lithium-ion battery recycling and energy storage businesses.

"TES's mission is to make a decade of difference by securely, safely and sustainably transforming and re-purposing 1 billion kilograms of assets by 2030," said Gary Steele, TES' Chief Executive Officer. "Sojitz's experience and shared vision of a more sustainable world make them an ideal partner for TES. The Sojitz investment reaffirms that, and we couldn't be more excited about partnering with them to offer sustainable technology solutions that drive the circular economy in Japan."

TES is backed by Navis Capital Partners, one of Southeast Asia's largest private equity companies, with over US $5 billion under management. Jean-Christophe Marti, Senior Partner at Navis, commented: "Looking ahead, global manufacturing is potentially facing raw material commodity shortages stemming from the exponential proliferation of IoT devices, electric vehicles and mobility devices. Visionary companies like Sojitz understand that, and this partnership is another step in the realization of our foundational strategy to build a global sustainability leader around the TES platform."

About TES

Founded in 2005, TES is a circular economy leader focused on helping customers with the commissioning, deployment and retirement of IT assets. As one of the world's largest providers of IT lifecycle services, TES understands the common challenges faced when managing IT equipment through its lifecycle, and our bespoke, cost-effective solutions address these challenges while maintaining compliance with all local and international data security, environmental and industry regulations.

TES has an unmatched global footprint and operates 40 locations across 20 countries with more than 1,700 employees. Our mission is to create outstanding value for our customers, employees and stakeholders as well as for the global community by leveraging our unique combination of security, value recovery and environmental expertise. Find out more at www.tes-amm.com.

About Sojitz

Find out more at https://www.sojitz.com/en

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Media Contact Information
hodo@sojitz.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/72133

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Rimba Raya’s Sustainable Peatland Farmer Field School

Central Kalimantan, INDONESIA, Jan 14, 2021 – (ACN Newswire) – In November 2020, Rimba Raya Biodiversity Reserve conducted training sessions aimed at strengthening the capacity of Farmer Groups (KT). The goal of these sessions was to help farmers improve their skills in cultivation and agriculture through our Peatland Farmer Field School (Peatland-FFS). The sessions were attended by 2 Farmer Groups: Harapan Jaya from Jahitan Village, and Hijau Bakung Permai from Baung Village.



HARAPAN JAYA Farmer Group and the preparation of an area of 0.5 ha, Jahitan Village


HIJAU BAKUNG PERMAI Farmer Group with land preparation covering an area of 17 x 50 meters, Baung Village



This activity is a continuation of the Peatland-FFS training program held in September 2020, conducted by Rimba Raya in collaboration with the National Peatland Restoration Agency (BRG). The farmer group from Rimba Raya working area participated at that time. Aside from focusing on improving farming skills, participants were trained in preparing their land for agricultural development without the use of traditional 'slash and burn' methods.

During our most recent training sessions, Rimba Raya encouraged farmers to build on their traditional agricultural knowledge with a focus on non-destructive land use and the development of areas according to soil suitability. The efficient production of nutritious food while ensuring forest preservation was strongly encouraged.

The farmers were taught how to make organic fertilizers and pesticides using organic waste from their immediate environment. "Crop and forest burning actually eliminates beneficial microorganisms and nutrients, as it releases unwanted carbon dioxide into the atmosphere," said Sylviana Andhella, Executive Director of Rimba Raya.

"Land preparation without burning and the use of organic fertilizers for agricultural practices will reduce carbon emissions and support the balance of microorganisms. This is in alignment with our project objective to reduce carbon emissions," Andhella explained.

Additionally, the farmers were empowered to manage their own farmer organizations. This included the election of a chairman, secretary and treasurer by the group members. These positions were then ratified by the local village government.

During the training sessions, farmer groups were encouraged to develop relationships for cooperation and networking with other farmer groups around the project area. This allows them to share information, experiences and valuable lessons learned which are beneficial to all farmers.

"I am thankful that Rimba Raya included our farmer group in this initiative. We learned how to make organic fertilizer and our understanding of horticultural farming techniques has grown. We are eager to develop our farms using these strategies with the hope that we will be more successful so that we can set an example to other community farmers," said Ardiansyah Ardian, head of Hijau Bakung Permai farmer group of Baung Village.

About Rimba Raya

The Rimba Raya Biodiversity Reserve is the largest REDD+ project in the world, protecting nearly 65,000 hectares of peat swamp forest in Central Kalimantan, Indonesian Borneo and avoiding more than 130 million tons of carbon emissions. Rimba Raya is a living example of an economically viable alternative to deforestation.

Rimba Raya develops livelihood programs in surrounding villages (addressing all 17 of the UN Sustainable Development Goals) to provide education, employment and hope for the future. Rimba Raya is also the world's largest privately-funded orangutan sanctuary, and an InfiniteEARTH Project. Please visit https://rimba-raya.com.

Contact:
Frita Junita
Communication Officer – PT. Rimba Raya Conservation
Email: rimbarayajakarta@gmail.com, HP: +62 857-1743-7001

*This Press Release was originally issued on December 5, 2020 with inaccurate Contact information. To contact Rimba Raya, please refer to the Contact information above.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NaturalShrimp, Inc. Closes on the Asset Purchase of Alder Aqua, LLC f/k/a VeroBlue Farms

Dallas, TX, Dec 18, 2020 – (ACN Newswire) – via NewMediaWire – NaturalShrimp, Inc. (NSI), (OTCQB:SHMP), an aquaculture Company which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that it has formally closed the acquisition for the assets of Alder Aqua, formerly known as VeroBlue Farms in Webster City, Iowa, including but not limited to the real property, equipment, tanks, rolling stock, inventory, permits, customer lists, contracts and other such assets used in the operation of the business.

Gerald Easterling, CEO of NaturalShrimp, commented, "This acquisition represents a watershed moment for both the Company and its shareholders. The state-of-the-art facility, alongside our other expansion project in La Coste, Texas provides NSI the resources and capacity to become the largest RAS shrimp producer in the country. This turnkey operation affords us the benefit of not only creating a facility that will produce thousands of pounds of shrimp per week, but also the opportunity to work with existing Barramundi distributors for an incremental revenue stream that could be effective in a relatively short time."

Tom Untermeyer, Chief Technology Officer of NaturalShrimp, commented, "Closing on this facility provides us the ability to integrate our already patented electrocoagulation system technology with a technologically advanced commercial seafood operation. With 2,700,000 gallons of recirculating capacity and approximately 344,000 square feet, we are very encouraged that we will have the capability to produce the most natural shrimp in the industry at a rate not seen by other leading seafood producers."

William J. Delgado, CFO of NaturalShrimp, added, "We could not be more pleased that we have formally closed this acquisition. The value proposition for this facility could not be understated. Not only do we have the benefit of adding this significant asset to our company's valuation, more importantly, we firmly believe that this production facility will generate substantial revenue for our company. As important to these physical assets, we will be adding skilled personnel in all areas including production, operations and distribution."

About NaturalShrimp

NaturalShrimp, Inc. is a publicly traded aquaculture Company, headquartered in Dallas, with production facilities located near San Antonio, Texas. The Company has developed the first commercially viable system for growing shrimp in enclosed, salt-water systems, using patented technology to produce fresh, never frozen, naturally grown shrimp, without the use of antibiotics or toxic chemicals. NaturalShrimp systems can be located anywhere in the world to produce gourmet-grade Pacific white shrimp.

Forward Looking Statements

This press release contains "forward-looking statements." The statements contained in this press release that are not purely historical are forward-looking statements. Forward-looking statements give the Company's current expectations or forecasts of future events. Such statements are subject to risks and uncertainties that are often difficult to predict and beyond the Company's control, and could cause the Company's results to differ materially from those described. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements include statements regarding moving forward with executing the Company's global growth strategy. The statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict. The Company is providing this information as of the date of this press release and does not undertake any obligation to update any forward looking statements contained in this press release as a result of new information, future events or otherwise, except as required by law. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Important factors that could cause such differences include, but are not limited to the Risk Factors and other information set forth in the Company's Annual Report on Form 10-Q filed on November 21, 2019, and in our other filings with the U.S. Securities and Exchange Commission.

Contact:
Richard Brown
+1 (775) 443-4740

SOURCE: Natural Shrimp

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Rimba Raya’s Sustainable Peatland Farmer Field School

Central Kalimantan, INDONESIA, Dec 6, 2020 – (ACN Newswire) – In November 2020, Rimba Raya Biodiversity Reserve (Rimba Raya) conducted training sessions aimed at strengthening the capacity of Farmer Groups (KT). The goal was to help them to improve their skills in cultivation and agriculture through our Peatland Farmer Field School (Peatland-FFS). The sessions were attended by 2 Farmer Groups; Harapan Jaya from Jahitan Village, and Hijau Bakung Permai from Baung Village.

This activity is a continuation of a Peatland-FFS training program held in September 2020 conducted by Rimba Raya in collaboration with the National Peatland Restoration Agency (BRG). The farmer group from Rimba Raya working area participated at that time. Aside from focusing on improving farming skills, participants were trained in preparing their land for agricultural development without the use of traditional 'slash and burn' methods.

During our most recent training sessions, Rimba Raya encouraged farmers to build on their traditional ecological knowledge with a focus on non-destructive land use and the development of areas according to soil suitability. The efficient production of nutritious food while ensuring forest preservation, was strongly encouraged.

The farmers were taught how to make organic fertilizers and pesticides using organic waste from their immediate environment. "Crop and forest burning actually eliminates beneficial microorganisms and nutrients, as it releases unwanted carbon dioxide into the atmosphere," said Sylviana Andhella, Executive Director of Rimba Raya.

"Land preparation without burning and the use of organic fertilizers for agricultural practices will reduce carbon emissions and support the balance of microorganisms. This is in alignment with our project objective to reduce carbon emissions," Andhella explained.

Additionally, the farmers were empowered to manage their own farmers organization. This included the election of; a chairman, secretary and treasurer by the group members. These positions were then ratified by the local village government.

During the training sessions, farmer groups were asked to develop relationships to encourage cooperation and net-working between other groups around the project area. This allows them to share information, experiences and valuable lessons learned which are beneficial to all farmers.

"I am thankful that Rimba Raya included our farmer group in this initiative. We have learned how to make organic fertilizer and our understanding of horticultural farming techniques has grown. We are eager to develop our farms using these strategies with the hope that we will be more successful so that we can set an example to other community farmers," said Ardiansyah Ardian, head of Hijau Bakung Permai farmer group of Baung Village.

About Rimba Raya

The Rimba Raya Biodiversity Reserve is the largest REDD+ project in the world, protecting nearly 65,000 hectares of peat swamp forest in Central Kalimantan, Indonesian Borneo and avoiding more than 130 million tons of carbon emissions. Rimba Raya is a living example of an economically viable alternative to deforestation.

Rimba Raya develops livelihood programs in surrounding villages (addressing all 17 of the UN Sustainable Development Goals) to provide education, employment and hope for the future. Rimba Raya is also the world's largest privately-funded orangutan sanctuary, and an InfiniteEARTH Project. Visit https://rimba-raya.com.

Contact:
Nisa Jalil, Vice President for Public & Government Relations
E: nisajalil@rimba-raya.com, PT. Rimba Raya Conservation

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Rimba Raya’s Sustainable Peatland Farmer Field School

Central Kalimantan, INDONESIA, Dec 5, 2020 – (ACN Newswire) – In November 2020, Rimba Raya Biodiversity Reserve (Rimba Raya) conducted training sessions aimed at strengthening the capacity of Farmer Groups (KT). The goal was to help them to improve their skills in cultivation and agriculture through our Peatland Farmer Field School (Peatland-FFS). The sessions were attended by 2 Farmer Groups; Harapan Jaya from Jahitan Village, and Hijau Bakung Permai from Baung Village.



HARAPAN JAYA Farmer Group and the preparation of an area of 0.5 ha, Jahitan Village


HIJAU BAKUNG PERMAI Farmer Group and land preparation covering an area of 17 x 50 meters, Baung village



This activity is a continuation of a Peatland-FFS training program held in September 2020 conducted by Rimba Raya in collaboration with the National Peatland Restoration Agency (BRG). The farmer group from Rimba Raya working area participated at that time. Aside from focusing on improving farming skills, participants were trained in preparing their land for agricultural development without the use of traditional 'slash and burn' methods.

During our most recent training sessions, Rimba Raya encouraged farmers to build on their traditional ecological knowledge with a focus on non-destructive land use and the development of areas according to soil suitability. The efficient production of nutritious food while ensuring forest preservation, was strongly encouraged.

The farmers were taught how to make organic fertilizers and pesticides using organic waste from their immediate environment. "Crop and forest burning actually eliminates beneficial microorganisms and nutrients, as it releases unwanted carbon dioxide into the atmosphere," said Sylviana Andhella, Executive Director of Rimba Raya.

"Land preparation without burning and the use of organic fertilizers for agricultural practices will reduce carbon emissions and support the balance of microorganisms. This is in alignment with our project objective to reduce carbon emissions," Andhella explained.

Additionally, the farmers were empowered to manage their own farmers organization. This included the election of; a chairman, secretary and treasurer by the group members. These positions were then ratified by the local village government.

During the training sessions, farmer groups were asked to develop relationships to encourage cooperation and net-working between other groups around the project area. This allows them to share information, experiences and valuable lessons learned which are beneficial to all farmers.

"I am thankful that Rimba Raya included our farmer group in this initiative. We have learned how to make organic fertilizer and our understanding of horticultural farming techniques has grown. We are eager to develop our farms using these strategies with the hope that we will be more successful so that we can set an example to other community farmers," said Ardiansyah Ardian, head of Hijau Bakung Permai farmer group of Baung Village.

About Rimba Raya

The Rimba Raya Biodiversity Reserve is the largest REDD+ project in the world, protecting nearly 65,000 hectares of peat swamp forest in Central Kalimantan, Indonesian Borneo and avoiding more than 130 million tons of carbon emissions. Rimba Raya is a living example of an economically viable alternative to deforestation.

Rimba Raya develops livelihood programs in surrounding villages (addressing all 17 of the UN Sustainable Development Goals) to provide education, employment and hope for the future. Rimba Raya is also the world's largest privately-funded orangutan sanctuary, and an InfiniteEARTH Project. Visit https://rimba-raya.com.

Contact:
Nisa Jalil, Vice President for Public & Government Relations
E: nisajalil@rimba-raya.com, PT. Rimba Raya Conservation

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com