GreenAngel Energy Appoints New Directors

Vancouver, BC, April 15, 2014 — GreenAngel Energy Corp. (“GreenAngel”) (TSX-V: GAE) is pleased to announce that it has appointed two new directors to its board, Ms. Thealzel Lee and Mr. Mike Walkinshaw.

Thealzel Lee has over 30 years in leadership, organizational and entrepreneurial roles as a business and marketing strategist and as a retail franchise owner. Thealzel has coached entrepreneurs, developed and implemented strategic plans, and secured financing for small businesses to large organizations. Her current work as a Senior Partner with management consulting firm Rocket Builders focuses on commercialization strategy and operational alignment. Thealzel manages the monthly Vancouver Angel Technology Network (VANTEC) and the Vancouver chapter of the Keiretsu Forum Northwest Region for the local start-up community of entrepreneurs and angel investors, as well as serving on National Angel Capital Organization committees.  She is a founder of two angel seed funds: Nelsa Investment (VCC) Inc. and VANTEC Entrepreneurs Fund (VCC) Inc. [dba E-Fund] which has 40% of its portfolio invested in “green” companies based in BC. Thealzel holds a Bachelor of Science degree in microbiology from the University of Alberta and an MBA from the Richard Ivey School of Business at the University of Western Ontario.

Mike Walkinshaw is a 17 year veteran of clean energy technology in Canada having spent the last 13 years in energy technology venture capital.  He is currently a Managing Partner and Co-founder of Fronterra Ventures, a Calgary and Vancouver based venture capital fund focused on oil and gas technologies that lower the cost, reduce input energy, and improve the environmental footprint of the production and transportation of resources.  Prior to Fronterra, Mike was a Partner and Managing Director of Chrysalix Energy Venture Capital, a Vancouver based clean energy venture capital firm for 11 years.  He has sat on the boards of energy technology companies throughout North America, including Liquid Light, Akermin, Fat Spaniel, and H2Scan. Prior to entering venture capital, Mike also served as a product manager and program manager for Ballard Power Systems.  Mike currently serves on the board of the Canadian Venture Capital Association. Mike is a Chartered Accountant having obtained his designation and working with PricewaterhouseCoopers for five years.

Ms. Lee and Mr. Walkinshaw join the GreenAngel board as replacements for Mr. Eamonn Percy and Mr. John Weibe, who resigned for personal reasons. GreenAngel wishes to thank Mr. Percy and Mr. Weibe for their support in GreenAngel’s continuing efforts to commercialize emerging greentech ventures.

ON BEHALF OF THE BOARD

Michael Volker

Chairman

About GreenAngel Energy

GreenAngel Energy Corp. is the first publicly traded company that invests solely in emerging private green technology companies. We provide an avenue for public investors to gain access to a portfolio of promising early-stage ventures across a spectrum of green technology sectors. We focus on commercializing new technologies that produce renewable energy, improve energy efficiency or use renewable energy resources such as water, wind and solar. In addition to providing strategic capital, GreenAngel Energy also mentors and advises its investees to help them achieve commercial success. GreenAngel Energy’s current portfolio includes Delaware Power Systems, Mazza Innovation Ltd, Habitat Carbon Assets, moj.io Inc, dPoint Technologies, and Paradigm Environmental Technologies. GreenAngel Energy also manages PowerHaus Technology Ventures (VCC) for accredited investors and a series of interest-paying Notes. For more information, please visit www.greenangelenergy.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For further information, contact:

Investor & Media:

Mike Volker, Chairman

GreenAngel Energy Corp.

Phone: +1.604.644.1926

Email: mike@greenangelenergy.ca

Disclaimer for Forward-Looking Information

 

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits GreenAngel Energy will obtain from them.