Business NewsMarketWire • Cornwall Investments LLC Acquires Additional Securities of Viridis Energy Inc.

Cornwall Investments LLC Acquires Additional Securities of Viridis Energy Inc.

Cornwall Investments LLC Acquires Additional Securities of Viridis Energy Inc.

SOMERSET, NEW JERSEY--(Marketwire - June 29, 2012) - Cornwall Investments LLC ("Cornwall") acquired, pursuant to a non-brokered private placement, ownership and control of 2,000,000 units (the "Units") of Viridis Energy Inc. ("Viridis") at a price of $0.25 per Unit for an aggregate subscription price of $500,000. Each Unit comprises one common share of Viridis and one non-transferable common share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase one common share of Viridis at a price of $0.35 per share on or before June 27, 2017, subject to certain acceleration provisions.

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