Dr. James Tansey reports

OFFSETTERS ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING AND INTENTION TO RENAME PARENT COMPANY

Offsetters Climate Solutions Inc. has provided the results of its annual general meeting of shareholders (AGM) held on Oct. 6, 2015, in Vancouver.

The shareholders have re-elected management's proposed slate of eight directors and set the number of directors at nine individuals. Davidson and Company was reappointed as company auditor for the forthcoming year while shareholders authorized and ratified the reduction of the exercise price of stock options held by insiders of the company in accordance with the policies, subject to the approval of the TSX Venture Exchange. The directors also adopted a special resolution of shareholders for certain amendments to the company's articles that allows the company's board of directors to change the name of the company by resolution of the board of directors without requiring a shareholder vote, as was the requirement under the company's original articles.

Following this change in articles, the board is pleased to announce that the company will be renaming and rebranding following the successful acquisition of Forest Finest Consulting GmbH and CO2OL of Germany, to better reflect the agroforestry and natural asset focus of the company. Offsetters Climate Solutions will become NatureBank (the formal corporate name being "NatureBank Asset Management Inc."), reflecting the evolution of the company beyond carbon into the sustainable commodities and agroforestry investment, management and consulting sectors. Final exchange approval is expected within the next two weeks and will be accompanied by an official news release and launch by the company.

"We are very excited to inform our shareholders and customers of our new identity," stated Dr. James Tansey, chief executive officer of Offsetters. "It is an exciting time for us as Offsetters has expanded its reach over the past 10 years and grown its expertise and service offerings. We look forward to officially launching NatureBank later this month and sharing our more aligned brand identity that encompasses the full suite of services we provide."

NatureBank will include the merger of Era Ecosystem Services and Forest Finest Consulting Inc. under the NatureBank banner, while the voluntary carbon brands of Offsetters and CO2OL will continue to operate as subsidiaries under NatureBank. With offices in Vancouver, B.C., Portland, Ore., Zurich, Switzerland, and Bonn, Germany, NatureBank will be an international advisory services provider, project developer and project investor, with its foundations built on decades of leading expertise from the former companies.

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