July 2, 2013 - Global Green Matrix Corporation ("Global Green" or the "Company") - TSX Venture: GGX; OTCBB: GGXCF; is pleased to announce the appointment of Mr. William (Bill) Taylor Cromb, CA to the Position of Chief Financial Officer ("CFO") effective July 1, 2013. Mr Cromb will succeed outgoing CFO Mr Greg Pendura who will continue to act as a member of the Board of Directors.

Mr. Cromb is an experienced financial executive with well over 30 years of varied finance experience. He is a Chartered Accountant with a background including reporting, financings, treasury, risk management, mergers and acquisitions and other finance and administrative functions. He has served at Provident Energy Trust, Beau Canada Exploration, North West Upgrading, Canterra Energy as well as other organizations. Mr Cromb has extensive cross border experience in acquisitions, dispositions, financings and operations that Global Green feels will enhance and help grow its current business model.

Global Green Matrix further announces the granting of 400,000 stock options at a price of $0.10 per common share to employees, directors, advisors and consultants of the Company. As per the Company's Stock Option Plan, the options granted will be exercisable until July 1, 2018. Grant of the options is subject to the approval of 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.

GGX Gold (TSXV:GGX)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more GGX Gold Charts.
GGX Gold (TSXV:GGX)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more GGX Gold Charts.