Carbon Friendly Solutions Signs Agreements with L2I to Validate and Monetize Carbon Credits

  Carbon Friendly Solutions Signs Agreements with L2I to Validate and Monetize
  Carbon Credits

Business Wire

VANCOUVER, British Columbia -- March 11, 2013

Carbon Friendly Solutions Inc. (CNSX: CFQ) (the “Company” or “Carbon
Friendly”) is pleased to announce that it has signed two agreements with L2I
Financial Solutions (“L2I”) to obtain additional value from the Company’s
carbon credit projects.

The first agreement, the Development and Registration Proposal, allows L2I to
develop a methodology for Carbon Friendly’s wholly owned subsidiary, MicroCoal
Inc. (“MCI”), to quantify and monetize greenhouse gas emission reductions that
arise when coal is treated with the MicroCoal™ process.

Further, methodology and certification under this agreement will allow MCI to
generate valuable carbon credit offsets under the Verified Carbon Program, a
recognized North American carbon program for MicroCoal commercial facilities
in North America.

The second agreement, the Call Option Contract, allows L2I the right to
purchase all of the carbon credits issued from the Company’s projects.

Slawek Smulewicz, CEO and Director of the Company, states: “The Development
and Registration Proposal provides a significant opportunity for Carbon
Friendly to generate an additional revenue stream from its internationally
patented MicroCoal™ technology. I am pleased that the Company has also entered
into a Call Option Agreement with L2I for the right to purchase the Company’s
carbon credits.”

About L2I Financial Solutions

L2I Financial Solutions (L2I) is a leader in alternative financing relative to
climate, international and responsible financing. L2I works with a wide range
of organizations in: waste management, services, manufacturing and large final
emitters. Its goal is to support the growth of existing companies and to help
the creation of new companies through alternative sources of financing such as
climate finance, including Carbon Offsets, biodiversity and renewable energy,
Government Help, structured financing and international financing.

About Carbon Friendly Solutions Inc.:

Carbon Friendly Solutions Inc., through its subsidiaries, is focused on the
development of energy efficiency technology, renewable energy, and
reforestation projects that have the potential to generate significant
revenue. MicroCoal Inc. has an internationally patented technology that is
expected to improve coal-fired utilities’ economic performance by reducing
input costs, improving operations and simultaneously reducing their
environmental footprint. Global CO2 Reduction generates Carbon Offsets from
forestry projects that may be transacted through international voluntary
markets. Carbiopel S.A. aggregates biomass supply and produces biomass fuel
pellets for the European market, including large European utilities and
independent renewable energy providers, in line with EU renewable energy
directives.

On behalf of the Board of Directors

Carbon Friendly Solutions Inc.

“Slawek Smulewicz”

CEO and Director

Forward Looking Statements

Certain statements included in this News Release contain forward-looking
statements, including disclosure concerning possible or assumed future results
of operations of the Company. Forward-looking statements typically are
preceded by, followed by or include the words – “believes”, “expects”,
“anticipates”, “estimates”, “intends”, “plans”, or similar expressions.
Forward-looking statements are not guarantees of future performance. They
involve risks, uncertainties and assumptions, and the Company’s results could
differ materially from those anticipated in these forward-looking statements.
Neither CNSX nor its Regulation Services Provider (as that term is defined in
the policies of the CNSX) accepts responsibility for the adequacy or accuracy
of the release.

We seek safe harbor.

Contact:

Carbon Friendly Solutions Inc.
Slawek Smulewicz, 604-676 9792
CEO and Director
info@carbonfriendly.com
 
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