VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/20/12 — ERA Carbon Offsets Ltd. (TSX VENTURE: ESR) is pleased to announce the appointment of Alexander Zang to the Board of Directors of the Company and its’ subsidiary, ERA Ecosystem Restoration Associates Inc. (‘ERA’). Mr. Zang will be replacing outgoing Board Member Holger Mayer, who has resigned following his recent departure from Forest Carbon Group shareholder HSE AG. Alexander Zang is a principal of BCC, Business Communications Consulting GmbH, which is a controlling shareholder of Forest Carbon Group, where he sits as an Executive Board Member. Mr. Zang focuses on sustainable strategies for the energy and clean-tech sectors. He is an expert in change management, and sustainability driven corporate development.
Duncan Manson, CEO of ERA commented: ‘We are very pleased to welcome Alexander to the Board of ERA. Alexander has been an important actor in our relationship with the Forest Carbon Group from the beginning, and brings with him a wealth of experience in the sustainability space, and from the energy sector. He is a natural replacement for Holger Mayer, who has served the Board of ERA with diligence over the past two and half years. We’d like to sincerely thank Mr. Mayer for his service, guidance and dedication to both the Forest Carbon Group and ERA over that period, and wish him the very best in his future endeavours.’
About ERA Carbon Offsets Ltd.
A pioneer in carbon offset projects based on forest conservation and restoration, ERA has delivered over two million tonnes of carbon offsets to the voluntary market from a variety of international forestry based projects. The company’s Community Ecosystem Restoration Program (‘CERP’) began in 2005 in British Columbia, Canada, and has delivered large scale restoration of riparian ecosystems throughout the Lower Mainland of British Columbia. ERA’s successful project development activities include the award winning Darkwoods and Denman Island forest carbon projects, the first REDD concessions in the Democratic Republic of Congo in central Africa and Improved Forest Management projects in the United States which are expected to deliver ARB compliant tonnes for the California market beginning in 2013. Our activities span Canada, Africa, the United States and New Zealand. ERA’s carbon offset projects are validated and verified to ISO-14064, CCBA, PFSI-VER, CAR and VCS standards and sell into voluntary and pre-compliance carbon markets. ERA’s clients and product users include Air Canada, Catalyst Paper, Rolling Stone Magazine, HSE – Entega, Forest Carbon Group AG, and Shell Canada Limited.
Additional information about ERA can be found on the corporate website www.eraecosystems.com.
On behalf of the Board of Directors,
ERA CARBON OFFSETS LTD.
Duncan J. Manson, Chief Executive Officer
Additional information on ERA can be found on the corporate website www.eracarbonoffsets.com or by contacting firstname.lastname@example.org
FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the company’s general business development, research development and the company’s development of forest-based carbon offsets. When used in this document, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘intent’, ‘may’, ‘project’, ‘plan’, ‘should’ and similar expressions may identify forward-looking statements. Although ERA Carbon Offsets Ltd. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include fluctuations in the marketplace for the sale of carbon credits, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.
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.
ERA Carbon Offsets Ltd.