TSX: 'NRG'
OTCQX: 'ANRGF'
CALGARY, Aug. 26, 2011 /CNW/ - Alter NRG Corp. ("Alter NRG") is pleased to announce today that it has filed a prospectus supplement to its final short form base shelf prospectus dated June 28, 2011 with the securities regulatory authorities in each of the provinces of Canada, other than Québec. Under the provisions detailed in the prospectus supplement, Alter NRG may offer from time to time up to $20,200,000 aggregate initial offering price of common shares in accordance with the terms of Alter NRG's committed equity facility agreement with Haverstock Master Fund, Ltd., as previously announced. The specific terms of any offering of common shares, including the aggregate number of common shares to be issued and the offering price, will be established at the time of the offering and sale of the common shares and will be set forth in one or more pricing supplements.
Copies of the final short form base shelf prospectus and the prospectus supplement may be obtained under Alter NRG's profile on SEDAR at www.sedar.com.
ABOUT ALTER NRG
Alter NRG is pursuing alternative energy solutions to meet the growing demand for environmentally responsible energy in world markets. Alter NRG's vision is to commercialize growth technologies through environmentally sustainable and economically viable alternative energy projects. Alter NRG's objectives are twofold; First, is to further commercialize the Westinghouse Plasma Gasification Technology, through a wholly owned subsidiary, to provide renewable and clean energy solutions from a wide variety of feedstocks, and providing a wide variety of energy outputs - including liquid fuels like ethanol and diesel, electrical power, and syngas; Second, to capitalize on the rapidly growing geoexchange residential and commercial heating and cooling market through a wholly owned subsidiary CleanEnergy that enables consumers to reduce their carbon footprint and reduce the cost and volatility of energy bills using the energy from the earth.
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this release.
This news release does not constitute an offer to sell Alter NRG
securities or the solicitation of an offer to buy Alter NRG securities, nor is there to be any sale of
securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under
the securities laws of such jurisdiction.