Carbon2Green Corporation: Change in Senior Management and 5-To-1 Consolidation of the Capital Stock of the Corporation

The Carbon2Green Corporation ("Carbon2Green" or the "Corporation")(TSX
VENTURE:CGN) - Following the completion of the annual and extraordinary general
shareholder's meeting held today (the "Shareholders' Meeting"), the Corporation
announces the favourable outcome of the vote by its shareholders regarding the
reduction of the number of its directors from 9 to 4 and the election of the
following directors: Yves Gauthier, Andre Goguen, Jean Francois Lalonde and
Christian Lambert. During the same Shareholders' Meeting, the shareholders of
the Corporation also proceeded to nominate the auditors by confirming the
accounting firm Raymond Chabot Grant Thompson s.e.n.c.r.l. to this position and
to approve the stock option plan of the Corporation.


The Corporation also announces the adoption of a special resolution proposed by
important shareholders approving a modification of the statutes of the
Corporation with the aim of consolidating all of the issued and outstanding
common shares of the capital stock of the Corporation (the "Commons Shares") on
the basis of one post consolidated Common Share for each 5 pre-consolidated
Common Shares, subject to the approval of the TSX Venture Stock Exchange.


Following this Shareholders' Meeting, the Board of directors proceeded to
nominate Mr. Yves Gauthier as the interim President and Chief Executive Officer
subsequently to the resignation of Mr. Louis Tourillon from this position. The
Corporation also announces the resignation of Mr. Yves C. Renaud from the
position of Chief financial officer. 


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term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release. The statements
made in this news release that are not historical facts are "forward-looking
statements" and readers are cautioned that any such statements are not
guarantees of future performance, and that actual developments or results, may
vary materially from those in these "forward-looking" statements.