GAE Timia Capital Corp

GreenAngel Energy Corp ("GreenAngel") (TSX VENTURE:GAE) is pleased to announce
that it has completed its previously announced non-brokered private placement of
1,000,000 units for gross proceeds of $100,000. The private placement was fully
subscribed for. As part of the offering, the directors of GreenAngel purchased
690,000 of the available units. 


The unit offering was closed under the same terms as announced and described by
the Company in its news release of November 26, 2012. Each unit is comprised of
one common share in the capital of GreenAngel and one non-transferable common
share purchase warrant. Each warrant entitles the holder to acquire one common
share at an exercise price of $0.10 during the first two years of the warrant
term. 


Proceeds from the private placement will be used for general working capital and
to consider additional investments in emerging clean energy technologies. 


The private placement is subject to final approval from the TSX Venture Exchange. 

ON BEHALF OF THE BOARD 

Bruce Schmidt, CEO

About GreenAngel Energy

GreenAngel Energy Corp. is the first publicly traded company that invests solely
in emerging private green technology companies. We provide an avenue for public
investors to gain access to a portfolio of the most promising angel-stage
investments across a spectrum of green technology sectors. Our focus is
commercializing new technologies that produce renewable energy, improve energy
efficiency, or use renewable energy resources such as water, wind and solar. We
also work with companies that deploy or manage technologies and processes that
reduce greenhouse gas (GHG) emissions. In addition to providing strategic
capital to investee companies, GreenAngel also mentors and advises investees to
help ensure these companies achieve commercial success. The firms include
Delaware Power Systems, Mazza Innovation, Light-Based Technologies, Habitat
Carbon Assets, DPoint Technologies, and Paradigm Environmental Technologies. For
more information, please visit www.greenangelenergy.ca. 


Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements that reflect
the expectations of management regarding the Company's listing of its common
shares on the TSX Venture Exchange. Forward-looking statements consist of
statements that are not purely historical, including any statements regarding
beliefs, plans, expectations or intentions regarding the future. Such statements
are subject to risks and uncertainties that may cause actual results,
performance or developments to differ materially from those contained in the
statements. No assurance can be given that any of the events anticipated by the
forward-looking statements will occur or, if they do occur, what benefits the
Company will obtain from them.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor & Media:
GreenAngel Energy Corp.
Bruce Schmidt, CEO
+1.778.782.7758
bruce@greenangelenergy.ca
www.greenangelenergy.ca

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