Green Globe International, Inc. Announces Corporate Services Agreement With Axiom Capital
July 08 2009 - 8:07AM
PR Newswire (US)
Agreement covers services related to expansion, fundraising,
mergers and acquisitions MURRIETA, Calif., July 8
/PRNewswire-FirstCall/ -- Green Globe International, Inc. (Pink
Sheets: GGII), the worldwide owner of the Green Globe brand, today
announced an agreement with Axiom Capital Limited, a London based
financial advisory firm, under which Axiom Capital will act as
corporate adviser to the Green Globe International in connection
with the company's proposed expansion, fundraising, mergers and
acquisitions, as well as other potential strategies as determined
by the parties. The services provided by Axiom Capital are expected
to include: reviewing the company's strategies and structure and
advising accordingly; providing preliminary advice on mergers and
acquisitions as per strategic determination; advising on and
assisting in fundraising and assisting in the drafting of offers
and other fundraising documents; advising on new markets and
entering new markets as determined; when Green Globe decides to be
admitted to a different trading market or exchange, Axiom Capital
will assist in the whole process to admit Green Globe International
to the PLUS markets, including all the preparation needed as PLUS
Corporate Adviser and remain as such PLUS Corporate Adviser for a
period of no less than two years after such admission, in
accordance with Axiom Capital's standard terms and PLUS Rules.
Axiom Capital Limited is an independent non-governmental body which
is authorized and regulated by the Financial Services Authority,
which regulates all providers of financial services in the United
Kingdom. "Our agreement with Axiom Capital Limited will provide us
the opportunity to explore additional opportunities to increase the
resources available to Green Globe International and expand the
global reach of the company," said CEO and Managing Director Steven
R. Peacock. "Axiom Capital is a first rate firm that has recognized
the potential of the Green Globe brand and is committed to working
with the company on its current and future initiatives." David
Sinclair of Axiom Capital commented, "Our international approach to
the financial and commercial world will add value to and enhance
the Green Globe Brand." The Green Globe brand and program, which
traces its roots back to the United Nations Rio de Janeiro Earth
Summit in 1992, where 182 Heads of State endorsed the Agenda 21
principles of Sustainable Development, has primarily been used in
the travel and tourism industry but is now being expanded to
include a growing number of environmentally responsible businesses
in a variety of market sectors. The Green Globe brand is an ideal
symbol for the world's increasing awareness of environmental
responsibility and response to global climate change. Green Globe
International encourages all shareholders and others interested in
following the progress of the company to subscribe to receive email
alerts whenever new information is made public. To subscribe,
please visit http://www.greenglobeint.com/stayconnected/email/.
About Green Globe International, Inc. Green Globe International,
Inc. is the worldwide owner of the Green Globe brand, which
includes the leading sustainability certification and benchmarking
programs, carbon footprint calculation and offset programs, and a
broad range of consulting services. Green Globe International has
been admitted as an affiliate member of the United Nations World
Tourism Organization. The World Travel & Tourism Council
(WTTC), the business leaders' forum for the travel and tourism
industry, is a 5% common stock owner of Green Globe International.
For more information on the company and its programs, please visit
http://www.greenglobeint.com/ or call +1 310-984-6807. Green Globe
services in the Asia Pacific are distributed, managed and sold
exclusively by Green Globe Asia Pacific (GGAP) through EC3 Global.
If you would like further information on GGAP, please visit
http://www.greenglobe.org/. Axiom Capital Limited Axiom specialises
in providing financial advisory and execution services to both
public and private corporates. Based in London, it serves its
clients globally and is able to draw on expertise from around the
world from its international team. Services include flotations on
the London markets, fundraisings, mergers, acquisitions,
divestitures, capital structuring, Depository Receipts and more.
For more information, visit http://www.axiomcapital.co.uk/. Safe
Harbor Statement This release contains forward-looking statements
with respect to the results of operations and business of Green
Globe International, Inc., which involves risks and uncertainties.
The Company's actual future results could materially differ from
those discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995. DATASOURCE: Green Globe International, Inc.
CONTACT: Green Globe International, Inc., Investor Relations,
+1-310-984-6807, Ext. 4, ; or Axiom Capital Limited Corporate
Finance, +44 208- 455-0011, Web Site: http://www.greenglobeint.com/
http://www.axiomcapital.co.uk/
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