European Investment Firm to Fund RENW

Name	Symbol	Market	Type
Legal & General UCITS ETF Plc	TG:RENW	Tradegate	Exchange Traded Fund

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	-0.073	-0.75%	9.665	9.615	9.714	9.769	9.649	9.755	1,896	22:50:09

Legal & General UCITS ETF (TG:RENW)
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TAMPA, Fla., May 16 /PRNewswire-FirstCall/ -- Renewable Energy Resources, Inc., (OTC:RENW) (BULLETIN BOARD: RENW) (http://www.renw.com/) today announced receiving the initial funds from a private investment agreement with Mercatus & Partners Limited of the United Kingdom ("Mercatus"). Mercatus agreed to purchase RENW restricted securities that will provide the Company with approximately $500,000. The agreed holding period for the securities is 13 months from the time of funding. The funding for RENW is part of Mercatus' continued investments in US corporations. Several US corporations, mainly small and medium sized companies, will receive funds from Mercatus' funding efforts. The program is designed to benefit small US companies by providing access to capital and strengthening relationships with European Joint Venture partners. Mercatus has been involved with RENW for over two years. RENW's relationship with Cm2, the Company's European production partner for the Energy Commander technology, was established through Mercatus. Mercatus is also working with RENW on potential acquisitions. Dr. Stefano Cevolo, Mercatus' CEO, states that "This investment will help RENW achieve its goal of becoming a diverse renewable energy company. Our philosophy of renewable energy projects for Europe is mirrored in the philosophy and direction of RENW. RENW fits well in our portfolio because of the company's European partner for its technologies." Ken Brown, RENW'S CEO, explains, "The relationship with Mercatus is especially important to our Company. Mercatus brought us Cm2 to commercialize the Energy Commander and develop markets for the technology in the EU. Now Mercatus is providing RENW the capital to develop renewable energy projects in the U.S. I am confident that this funding will greatly aid us in closing a number of current projects in the next few months." Mercatus is a U.K. privately owned business advisor and private equity investment firm with offices in London and Rome. About Renewable Energy Resources: Renewable Energy Resources, Inc., is an alternative energy company developing and acquiring technologies that create energy and fuel from previously untapped sources. RENW specializes in renewable sources of alternative fuels as well as its core low flow hydro technology, the Energy Commander Technology. Renewable Energy Resources is traded under the symbol RENW on the OTCBB and is based in Tampa, Florida. Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. DATASOURCE: Renewable Energy Resources, Inc. CONTACT: Ezra Smith, Vice President of C. Jones Consulting, +1-727-736-5437, , for Renewable Energy Resources, Inc. Web site: http://www.renw.com/

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RENW Legal & General UCITS ETF Plc