SustainCo Inc.: Completion of Private Placement

SustainCo Inc. (TSX VENTURE:SMS) ("SustainCo" or the "Company") is pleased to
announce that the Company has completed the previously announced private
placement of SustainCo.


The Company completed a non-brokered private placement (the "Debt Offering") of
units (the "Units") for a total gross proceeds of CAD $5,075,000. Each Unit is
comprised of: (i) a $1,000 principal amount secured debenture (each a
"Debenture"); and (ii) 100 common share purchase warrants (each a "Warrant").
The Debentures bear interest at a rate of 12% per annum and have a maturity date
that is five years following the closing of the Debt Offering with a redemption
feature exercisable by the Company after a period of 24 months. Each Warrant
entitles the holder to purchase one common share in the Company (each a "Share")
at an exercise price of $0.25 (subject to adjustment in certain events) for a
period of 36 months following the closing of the Debt Offering. Proceeds of the
Debt Offering will be used for targeted acquisitions and general working capital
purposes.


The proceeds of the Debt Offering consist of the consolidation of new debt with
pre-existing Company debt (the "Pre-Existing Debt") in the amount of $500,000.00
that was assumed by the Company from Urban Mechanical Contracting Ltd ("Urban
Mechanical") as part of SustainCo's sale of Urban Mechanical in December of
2013.


The Company paid certain finders a finder's fee equal, in the aggregate, to 6%
of the gross proceeds received under the Debt Offering from subscribers
identified by such finders payable in cash, and that number of Warrants that is
equal to 6% of the total value of the Debentures sold to such subscribers. 


In accordance with applicable securities laws in Canada, the Debentures and
Warrants will be subject to a "hold period" of four months plus one day from the
date of closing of the Debt Offering.


About SustainCo

SustainCo is a leading provider of sustainable infrastructure solutions and
services. SustainCo operates through its two groups, CleanEnergy Developments
and SustainCo Solutions & Services. 


CleanEnergy Developments is an early stage developer and investor in clean and
renewable energy projects with experience in wind, solar, biomass, and thermal
energy projects. CleanEnergy Developments provides strategic capital, funding
management, and execution expertise. 


SustainCo Solutions & Services provides comprehensive building performance
services, incorporating full life cycle asset optimization, finance, design,
build, operations and maintenance services for new build and retrofit
facilities. Specifically, it provides: engineering services, building automation
controls, performance monitoring, energy and lighting retrofits, mechanical and
electrical installation and services, thermal energy systems, and operations and
maintenance services for multi-residential and ICI facilities. 


With headquarters in Toronto, SustainCo has offices across Canada including,
Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For more
information, visit www.sustainco.ca.


Certain statements in this press release are forward-looking statements. The
reader is cautioned that assumptions used in the preparation of such
information, although considered reasonable by the Company at the time of
preparation, may prove to be incorrect. Forward-looking statements, specifically
those concerning future performance and other statements that are not historical
fact are subject to certain risks and uncertainties, and actual results may
differ materially from the Company's plans and expectations. These plans,
expectations, risks and uncertainties are detailed herein and from time to time
in the filings made by the Company with the Toronto Stock Exchange (the
"Exchange") and securities regulators. The Company does not assume any
obligation to update or revise its forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
law. Trading in the securities of the Company should be considered highly
speculative. All forward-looking information contained in this news release is
expressly qualified in its entirety by this cautionary statement.


Neither the Exchange, nor its Regulation Services Provider (as that term is
defined in the policies of the Exchange) accepts responsibility for the adequacy
or accuracy of this release. No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information contained
herein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SustainCo Inc.
Emlyn David
President, Chief Executive Officer and Chairman
[phone]
www.sustainco.ca