PALM BEACH GARDENS, Fla.,
April 28, 2015 /PRNewswire/
-- GOLDEN AGE RESOURCES, INC., (OTC PINK: GDAR) a leading
energy provider for large-scale "Green" power plants "in
Latin America and the Caribbean, today announced a strategic
alliance with Global Energy Corporation, Inc., (OTC PINK: GEIG) a
provider of innovative fuel cell power generation technologies for
efficient and environmental benign electric power produced through
hydrogen extraction from affordable natural gas and biofuels.
Mr. Terence Byrne, CEO of The
Company commented, "Global Energy Corporation and Golden Age
Resources will work together to build a solid infrastructure to
integrate efficient fuel cell electric power generators with
large-scale solar power plants and hereby providing cost effective
24/7 green power that minimizes environmental impact within
Mexico, Central and South America, and the Caribbean. We are excited about this
relationship and the long term value this creates for global
markets and developing economies."
In addition, The Company is actively pursuing a Cogeneration
Pilot Project in the Yucatan State to provide energy from organic
municipal or sisal waste using GEIG's new fuel cell
technology. The pilot project is to develop a scalable
100Kw Biogas Plan that will be financed in cooperation with Mexican
and International Development Banks and Organizations that is
planned for implementation in Q4 2015.
"This partnership will enable The Company to deliver our novel
hybrid fuel cells/LI-PO battery electric power generation
technology to the marketplace while leveraging the "green" benefits
of solar energy," stated Dr. K. J.
Berry, Chairman and CEO of Global Energy Corporation, Inc.
"Our 'solar balancing' architecture provides the enabling bridge
for solar, wind and other alternative energy technologies to
maximize efficiency due to variability of these energy resources.
We are now poised to capitalize on the growth of renewable energy
in Mexico and throughout Central
and South America. This partnership positions us to deliver
the most energy efficient systems and reduce harmful
emissions in areas we intend to service. The strategic alliance
between The Company and Global Energy Corporation, Inc. creates the
opportunity to increase the global business profile of Golden Age
Resources, Inc., and enabling the growing energy provider a solid
position as an energy producer in both Mexico and global markets."
About Golden Age Resources, Inc.:
GDAR, organized as a Nevada Company, has re-directed its core
business to technology and Latin American and International solar
energy markets providing project development, medium and long-term
finance solutions and investments into solar energy related
projects. This re-direction promises enhanced corporate and
shareholder values.
About GEI Global Energy Corp.
GEI Global Energy Corp (www.geiglobal.com) is a fuel cell
electrical power generation company leveraging a menu of novel and
innovative fuel cell power systems technologies to provide clean
and inexpensive energy solutions for developing
economies.
For more information regarding GEI GLOBAL's vision for an energy
secure future, please click on the following video link:
http://private.geiglobal.com/wp-content/uploads/2013/06/who-is-gei5.mp4.
Forward Looking Statements: This press release contains
"forward looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such forward
looking statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. Such
statements are subject to risks and uncertainties that could cause
future results to differ materially from the forward looking
statements. You should consider these factors in evaluating the
statements herein and not rely on such statements. The forward
looking statements in this release are made as of the date hereof
and Golden Age Resources, Inc. undertakes no obligation to update
such statements.
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SOURCE Golden Age Resources, Inc.
