Viridis Energy Taps Highly Experienced Pellet and Forestry Industry Professional to Head Up Operations


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PK:VRDSF / TSX.V:VRD
09/02/2014 [ACCESSWIRE]

Vancouver, BC / ACCESSWIRE / September 2, 2014 / Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) (OTC: VRDSF), today announced that Tim Knoop has joined the Company as Senior Vice President of Operations. Mr. Knoop will oversee Viridis' Canadian West Coast and East Coast manufacturing operations with the goal to heighten cost efficiencies and fortify the Company's operational framework in preparation for its expansion strategy.

Mr. Knoop brings over 20 years of experience in the forestry industry and joins Viridis from Pacific Bioenergy, one of the largest pellet producers in British Columbia, where he served as general manager of operations, as well as director of Nazbec - a joint venture between Pacific BioEnergy and Nzko, a first nations logging company. He also served in senior management positions at Canadian Forest Products Ltd. (CanFor), the largest forestry company in Canada, where he managed continuous improvements strategies and oversaw quality control and optimization of its sawmill operations. In addition, Mr. Knoop spent several years at Skeena Cellulose Inc. where he supervised lumber operations and new product development. Mr. Knoop is an active contributor to industry organizations such as the Prince George Air Improvement Roundtable, the Wood Pellet Association of Canada, and the Northern BioEnergy Partnership. He holds a Bachelor of Science degree in resource management and a technical diploma in wood products engineering and manufacturing from the British Columbia Institute of Technology.

"Knoop's broad background in the timber and wood pellet industries is an important addition to Viridis management team, as we expand our production capabilities in order to satisfy the rapid increase in wood pellet demand. Knoop's operations management expertise, long successful track record, and industry relationships will reinforce our management team's efforts to expand our product offering capabilities and achieve profitability," commented Christopher Robertson, CEO of Viridis.

"Heading operations at this dynamic stage in the company's development is a great opportunity. Viridis is fast working to become one of the principle players in the rapidly growing global biomass industry. Viridis is uniquely positioned as the only player with manufacturing facilities on both coasts of Canada, providing a global reach. It is also one of the only public pure-play pellet companies in the industry with access to the capital markets, a growing track record of cost-effective acquisitions and successful integrations and, importantly, a corporate goal to add capacity in an industry with a highly favorable supply-demand imbalance," commented Tim Knoop.

Investor Contact:

Yvonne L. Zappulla

Managing Director

Grannus Financial Advisors, Inc.

212-681-4108

yvonne@grannusfinancial.com

Company Contact:

Michele Rebiere

Chief Financial Officer

Viridis Energy Inc.

905-847-5226

investorinfo@viridisenergy.ca

About Viridis Energy Inc.

Viridis Energy Inc. (TSXV:VRD) (OTC:VRDSF) is a publicly traded, "Cleantech" manufacturer and distributor of renewable energy providing wood waste biomass fuel to global residential and industrial markets. Located in Vancouver, B.C., Viridis Energy Inc. operates Viridis Merchants (Canada) Ltd., Okanagan Pellet Company Ltd., Scotia Atlantic Biomass Company Limited and Viridis Merchants Inc., thus providing the company with vertical integration for distribution and manufacturing as well as coast to coast national presence. For more information on Viridis Energy Inc. please refer to the company website at www.viridisenergy.ca.

Forward-looking Statements

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's future operations. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a continued downturn in general economic conditions in North America and internationally, (2) the inherent uncertainties associated with the demand for biofuels, (3) the risk that the Company does not execute its business plan, (4) inability to finance operations and growth (5) inability to retain key management and employees, (6) an increase in the number of competitors with larger resources, and (7) other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and the Company intends to update such forward looking information in the Company's MD&A in the event that actual results differ materially from such forward-looking statements contained herein. Additional information about these and other assumptions, risks and uncertainties are set out in the "Risks and Uncertainties" section in the Company's MD&A filed with Canadian securities regulators. 

SOURCE: Viridis Energy Inc.  

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