Earth Alive Enters Into a Letter of Intent for the Acquisition of LFP Solutions

Earth Alive Enters Into a Letter of Intent for the Acquisition of LFP Solutions 
MONTREAL, QUEBEC -- (Marketwired) -- 05/20/14 --   Earth Alive Clean
Technologies (CSE: EAC) ("Earth Alive") is pleased to announce today
that it has signed a letter of intent to acquire Montreal-based and
privately owned LFP Solutions Inc. ("LFP Solutions") 
LFP Solutions is a leading Canadian distributor of organic
growth-assisted products for the agriculture industry. LFP Solutions
services agriculture clients, both at the retail and industrial
levels under white labels, as well as various brands and trademarks
such as Gro4 Organics, SmartPots, CowPots, and BigBlue sea based
This acquisition will provide Earth Alive with a strategic market
launch platform for its patented microbial fertilizer and the
combined entity of Earth Alive and LFP Solutions will offer one of
the largest selections of organic inputs in Canada. The new product
line up will continue to be marketed in Canada, with a new emphasis
and focus on sales to the worldwide agriculture industry.  
As explained by the David Gilmour, Earth Alive's CEO ''This
acquisition will allow Earth Alive to realise three strategic
components for its agriculture business plan. These include an
opportunity to gain immediate access to an existing network of
clients in the organic agriculture industry. Secondly, it will
broaden Earth Alive's product offering to this client base, and
thirdly, the merger will combine the expertise of seasoned LFP
executives with Earth Alive's management team for the organic
agriculture market." Michael Warren, LFP Solutions' Founder and
President, will now become Earth Alive's Executive Vice President of
its Agriculture business. ''I have full confidence that Michael's
expertise and knowledge of the business will allow him to bring our
Agriculture division to great success on international markets,"
Gilmour added. 
Earth Alive will purchase all issued and outstanding shares of LFP
Solutions in consideration of $250,000 CAD and the issuance of common
shares of Earth Alive having an aggregate value of $750,000, the
whole in accordance with a definitive share purchase agreement to be
entered into between Earth Alive and the seller. The purchase price
is payable in three tranches over a period of two years, subject to
the achievement of sales targets of agricultural products.  
All shares issued pursuant to the share purchase agreement shall be
subject to a regulatory four (4) month hold period after each date of
The proposed transaction is subject to CSE approval and standard
closing conditions, including the approval of the definitive share
purchase agreement by the directors of each of Earth Alive and LFP
Solutions as well as the completion of due diligence investigations
to the satisfaction of both parties. 
About LFP Solutions 
LFP Solutions offers a variety of organic inputs for small and large
growers, both at the retail and industrial levels. All of LFP
Solutions' proprietary products are specialty products directed to
the organic gardening and farming sectors. A strong believer in the
simple conviction that a healthy and natural soil is essential to
healthy and sustainable agriculture, Michael Warren, the President
and Founder of LFP Solutions states that ''joining Earth Alive will
allow us to further establish our leadership role in the supply of
innovative and environmentally sustainable farming products".  
About Earth Alive Clean Technologies 
Earth Alive aims to be a catalyst agent of change, and a key player,
in world markets of environmentally sustainable industrial solutions.
Earth Alive works with the latest innovations in microbial technology
to formulate and patent innovative products that can tackle the most
difficult industrial challenges, once only reserved to
environmentally harmful chemicals and additives. The company is
focused on environmental sustainability in 1) dust control for the
mining industry, and 2) the agriculture industry. 
Earth Alive exports its products to various world regions to clients
such Barrick Gold, Areva S.A, Dundee Precious Metals, Southern Peru
Copper Corporation, Sol Melia and Iberostar Hotels, Caterpillar
Corporation, the Montreal Biodome, and others.  
The CSE has neither approved nor disapproved the contents of this
press release. The CSE does not accept responsibility for the
adequacy or accuracy of this release. 
Louis Graton
T: 514-249-3134
Press spacebar to pause and continue. Press esc to stop.