Green Energy Resources (Pink Sheets: GRGR) will purchase a fully operational New England wood pellet mill. Terms of the purchase were not disclosed and are subject to financing. The mill has the capacity to produce over 10,000 tons per month and could generate about $24 million dollars in gross revenues annually. Green Energy Resources supplies the mill with wood biomass.
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Green Energy Resources is a publicly traded, environmentally friendly "GREEN STOCK", (symbol GRGR) working with industry for "green certificates", a 21st century currency. Green Energy Resources is dedicated to working with power generating utilities, government, and corporations for carbon emission strategies, and is the only American company selected to supply the Euro Energy Group.
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