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Viridis Energy Grants Stock Options

2015-03-06 16:31 ET - News Release

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / March 6, 2015 / Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) (OTC:VRDSF), announced the granting of Stock Options, effective March 6, 2015, based on its Amended and Restated Stock Option Plan (the "2014 Stock Option Plan" or the "Plan"). The Plan, approved on April 9, 2014 by the Board of Directors, limits the allowable options the Company can allocate to 600,000 shares (5,979,888 shared pre-reverse split). The incentive stock options recently granted under the Plan to directors, officers, employees and consultants of the Company provide for the purchase of up to a total of 266,000 shares of the Company's common stock at the price of $1.00 per share exercisable for five years. Included in this option grant is the replacement of 45,000 options that are expected to expire this month, unexercised.

Neither 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 release.

Company Contact:

Michele Rebiere

Chief Financial Officer

Viridis Energy Inc

905-847-5226

investorinfo@viridisenergy.ca

About Viridis Energy

Viridis Energy (VRD.V) (VRDSF) is a publicly traded, "Cleantech" manufacturer and distributor of renewable energy providing wood pellet biomass to global residential and industrial markets. Located in Vancouver, Viridis Energy Inc. operates Okanagan Pellet Company Ltd. (BC), Scotia Atlantic Biomass Company Limited (Nova Scotia) and Viridis Merchants Inc. (New Jersey), with over 300,000 tonnes of trading and manufactured capacity on both coasts of North America. For more information on Viridis Energy Inc. please refer to the company website at www.viridisenergy.ca .

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