Viridis Energy Resolves Lawsuit

Vancouver, BC - Viridis Energy Inc. ("Viridis" or the "Company") CA:VRD 0.00% , announced today that it has entered into a mutual release with Robert Gardner in which both parties agreed to release and discharge all claims and counterclaims connected to the Supreme Court of British Columbia Action S-115318 (the "Action"). Viridis withdraws all allegations against Mr. Gardner. Viridis expresses its appreciation for Mr. Gardner's past support and wishes him well in his future endeavors.

About Viridis Energy Inc.

Viridis Energy Inc. CA:VRD 0.00% is a publicly traded, "Cleantech" alternative energy company specializing in the agricultural and wood waste biomass. Located in Vancouver, B.C., Viridis Energy operates Cypress Pacific Marketing, Okanagan Pellet Company and Scotia Atlantic Biomass, 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 .

Source: Viridis Energy Inc.

Have something to say? Share your thoughts with us in the comments below.