Greenbelt Resources and Biofuels & Energy Announce “SLV Biopro”

“San Luis Valley Bioproducts” transforms potato processing industry waste into bioethanol and protein concentrate

PASO ROBLES, Calif., March 22, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE-- Greenbelt Resources Corporation (OTC:GRCO), an innovator of sustainable energy production systems, in collaboration with Biofuels & Energy, LLC (B&E), announced today the San Luis Valley Bioproducts Project, known as SLV Biopro. The project will feature Greenbelt’s waste-to-energy interconnected system (ECOsystem) designed to produce up to a half a million gallons of bioethanol from an abundance of waste feedstocks available in the San Luis Valley area of Colorado. SLV Biopro will be devised to provide a viable solution to potato processing industry waste.

“With Greenbelt’s leading edge technology, B&E’s relationships with local officials and industry business owners, as well as solid support from our financing sources, B&E’s experienced project development team is positioned to take advantage of this market,” says Richard Mason, co-founder and managing member of B&E. “This is the first of several of our projects for which Greenbelt’s technology is uniquely suited. We look forward to investing in what we expect to be a long and fruitful relationship.” 

The ECOsystem model can be custom-designed to transform appropriate feedstocks of any local area into bioethanol and bioproducts. SLV Biopro plans to be the first independently owned, local-scale bioethanol solution in Colorado and will be tailored to utilize the local supply of potato processing industry wastes in the San Luis Valley region. Within this area, which includes Alamosa and Conejos counties, 55,000 acres are cultivated for potato crops. The resulting bioethanol will be sold for both fuel and industrial uses, including by Colorado’s cannabis processing industry as a “green” extraction solvent.

“SLV Biopro is yet another example of how our ECOsystem model provides the solution to a challenge inherent in current local-scale technologies—their size. Our ECOsystem model is designed and optimized for small to medium sized operations making it the perfect choice for the potato processing industry,” says Darren Eng, Greenbelt Resources CEO. “And with a strong project developer like B&E, SLV Biopro will create a cost-effective transformation of potato processing industry wastes into value-added bioproducts including protein rich feed.”

Greenbelt and B&E signed a Letter of Intent earlier this month. This is the first project announced in their partnership.

About Biofuels & Energy, LLC
Biofuels & Energy, LLC is a project development company dedicated to the utilization of proven emerging technologies capable of transforming industrial, municipal and agricultural waste streams into energy products. For more information about SLV Biopro and how it can transform your potato processing industry waste to revenue generating bio-products, contact Richard Mason, B&E Managing Member and SLV Biopro Project Developer at (575) 224-9064.

About Greenbelt Resources
Greenbelt Resources Corporation™ is an award-winning provider of sustainable energy production systems focused on delivering modular solutions that enable the localized processing of locally generated waste into locally consumed products. The Company designs, develops and implements technology that makes the production of advanced biofuel reliable, practical and efficient. Controlled by proprietary automated controls, the Company’s small-scale, end-to-end modular systems convert food, beverage and other cellulosic wastes into commercially viable advanced biofuels (bio-ethanol), animal feed, fertilizer and filtered water. For more information visit: www.greenbeltresources.com.

Forward-Looking Statements & Safe Harbor
This document includes certain statements, predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the supply and demand for biofuels, our ability to remain technologically competitive and other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices.

This press release does not constitute an offer of any securities for sale and contains certain forward-looking statements. For additional information visit the Greenbelt Resources investors page.

Contact:
Darren Eng, CEO Greenbelt Resources Corp
888-995-GRCO (4726 x 101)
darren@greenbeltresources.com