Viridis Energy Appoints Robert Aaron Chairman of the Board

Vancouver, BC - Viridis Energy Inc. ("Viridis" or the "Company") CA:VRD 0.00% , a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that Robert Aaron, a 30 year veteran in the commodities and financial industries who recently joined its board of directors, has been appointed Chairman of the Board.

Mr. Aaron currently serves as chief executive officer of Gilwern Associates, an adviser to Viridis Energy's largest shareholder, Cornwall Investments LLC, holder of 70% of the Company's outstanding stock. Mr. Aaron also serves as vice-chairman of HedgeServ Corp., a leading hedge fund and private equity administrator located in New York, London and Dublin, and vice chairman of Investor Analytics LLC, a cutting-edge, investment risk management software-as-a-service provider located in New York. Previously, Mr. Aaron served as CEO of DPM Mellon LLC (formerly Derivatives Portfolio Management LLC and currently a subsidiary of The Bank of New York Mellon Corp.), a provider of administrative and risk support services to hedge funds. Prior to DPM, Mr. Aaron was the President of Tricon Holdings, an international trading firm focused on energy markets and forest products. He also served as vice-president of Commodities Corp., a leading commodity and futures trading firm acquired by Goldman Sachs. Mr. Aaron received a Bachelor of Science degree in accounting from Fordham University.

"Bob's background in commodities, including forestry, naturally cultivated his relationship with Viridis into a proactive role. Having benefited from his strategic insight over the last few years, and with his recent appointment to the board, we decided to further expand his role to that of chairman," said Christopher Robertson, CEO of Viridis Energy. "As Viridis continues the roll out its growth strategy in an expanding renewable energy market, having the direct involvement of someone with Bob's talent and drive will augment Viridis' executive bandwidth to more efficiently address opportunities. Our board and management team are very pleased that Bob had extended his commitment to the company through his expanded role as chairman."

Mr. Aaron added, "Expanding my role now allows Chris Robertson to focus on our expanding production and our new trading activity, Viridis Merchants Inc. The executive team has done a commendable job in building Viridis into one of the leading wood pellet sources in North America. I'm looking forward to supporting the evolution of the company into a worldwide leading provider of biomass."

Source: Viridis Energy Inc.


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