SACRAMENTO, CA, Apr 05 (MARKET WIRE) —
ECO2 Forests Inc. (PINKSHEETS: ECOF) has announced its projects in their
pipeline under review has passed a global total of 1.5 million acres for
the first time.
The 1.5 million acres include a combination of reforestation,
afforestation and avoided deforestation projects. Projects are planned to
be delivered as part of the company’s Global Forestry Plan, producing
sustainable lumber and carbon credits for sale on global markets.
“ECO2 Forests has been working extremely hard to build up our list of
potential projects and land partners. We have now surpassed a total of
1.5 million acres of projects in our project pipeline for the first time,
with many of these projects well advanced in negotiations and undergoing
due diligence,” ECO2 Forests CEO Collie Christensen said today.
“Projects in the pipeline under review are located in multiple regions of
mainland USA, Australia, Mexico, Europe, South East Asia and South
America and are in various stages of review, from initial due diligence
and area feasibility through to final stages of negotiation and letters
of intent being completed.
“We see this as a significant milestone for ECO2 Forests and recognition
of the support we are receiving internationally towards the Global
In accordance with the Global Forestry Plan, the network of forests are
strategically located around the world and not focused on one region,
thus positioning ECO2 Forests to deliver significant, consistent and
sustainable lumber supplies globally.
The combination of the preservation of old growth forests and the
creation of new forests for sustainably managed lumber production is
central to the ECO2 Forests strategy.
“Our revenue forecast for forestation projects under the Global Forestry
Plan is approximately $110,000 per acre for each 7-year regenerative
harvest cycle using our range of Kiri Trees. We look forward to securing
more projects for our shareholders and investors and also for the
environmental and social benefits our projects are intended to deliver,”
As projects enter the pre-execution stage, direct investment
opportunities are intended to be made available to suitably qualified
investors. Further details regarding investment into projects will be
released with future project announcements and will be available through
the investor section of the Company’s website, www.eco2forests.com.
About ECO2 Forests Inc.
ECO2 Forests is a progressive international
forestation company focused on reforestation, afforestation and avoided
deforestation projects for the generation and sale of sustainable lumber
and carbon credits to the global markets.
Headquartered in Sacramento, California, the Company has adopted an ‘E4
Philosophy’ to achieve positive Environmental, Economic, Employment and
Educational outcomes through its projects.
For more information please visit www.eco2forests.com.
Forward Looking Statements
This press release contains statements which
may constitute “forward-looking statements” within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from those
contemplated by such forward-looking statements. Important factors
currently known to management that could cause actual results to differ
materially from those in forward-looking statements include fluctuation
of operating results, the ability to compete successfully, and the
ability to complete before-mentioned transactions. The Company undertakes
no obligation to update or revise forward-looking statements to reflect
changed assumptions, the occurrence of unanticipated events, or changes
to future operating results.
For all media enquiries please contact:
United States and International
Abbi Public Relations Inc.
P) (775) 323 2977
M) (775) 722 2254
E) Email Contact
ECO2 Forests Inc.
P) (+61) 420 971 030
E) Email Contact
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