Carbon Friendly

Company News

March 10, 2010

CARBON FRIENDLY ANNOUNCES PLANS TO OPEN BRIQUETTING FACILITY

Vancouver, BC, Canada – Wednesday, March 10, 2010 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”)  (http://www.carbonfriendly.com) is pleased to announce that further to its news release on February 4, 2010, the Company has now received TSX Venture Exchange approval for its recently formed Pacific Briquetters Inc. (“PBI”), its proposed business structure and issue of share purchase warrants resulting from the same.  
February 4, 2010

CARBON FRIENDLY ANNOUNCES THE PACIFIC BRIQUETTERS INC. VENTURE

The Formation of PBI and the proposed Venture

Vancouver, BC, Canada – Thursday, February 4, 2010 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) (http://www.carbonfriendly.com) is pleased to announce that the Company has, subject to prior TSX Venture Exchange (the “Exchange”) approval to certain provisions thereof, recently formed and incorporated Pacific Briquetters Inc. (“PBI”), a non-reporting British Columbia company, for the present and proposed purpose of owning, financing, developing, constructing and operating a proposed briquette and bio energy manufacturing and distribution facility and business to be operated on certain lands and premises located in Mission, BC (the “Premises”), which are owned and operated by an affiliate of 0733403 B.C. Ltd. (“TCG”) which, in consideration thereof, is intended to be a 25% shareholder, with the Company as to 75%, in PBI going forward (collectively, the “Venture”).

January 26, 2010

Update – State of the Forest Carbon Marketplace

Vancouver, BC, Canada – Tuesday, January 26, 2010 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) is pleased to announce its participation in the recently published Ecosystem Marketplace report titled “State of the Forest Carbon Markets 2009”, which surveyed 100 market participants, 65 of whom develop forest protection and restoration projects. Ecosystem Marketplace is a leading source of news, data, and analytics on markets and payments for ecosystem services (such as water quality, carbon sequestration, and biodiversity). A complete copy of the report can be found on the Ecosystem Marketplace website, www.ecosystemmarketplace.com. 
December 17, 2009

Grant of Stock Options

Carbon Friendly Solutions Inc. (the "Company") (http://www.carbonfriendly.com) is pleased to announce that it has granted incentive stock options to certain directors, officers and consultants of the Company to purchase up to 1,150,000 common shares in the capital stock of the Company pursuant to a shareholder approved Share Option Plan.  The options are exercisable on or before December 16, 2014 at an exercise price of $0.36 per share, subject to TSX Venture Exchange approval.
December 14, 2009

Closing of Final Tranche of Private Placement

Carbon Friendly Solutions Inc. ("CFS" or the "Company")
(http://www.carbonfriendly.com) is pleased to announce that, further to its most recent news release dated December 3, 2009, it has now closed the third and final tranche (the first and second tranches having been for an aggregate of $886,140) of a non-brokered private placement consisting of an additional 4,065,000 units (each a "Unit') of the Company, at a subscription price of $0.27 per Unit, and for gross proceeds of $1,097,550 (the "Offering").
December 4, 2009

CARBON FRIENDLY ANNOUNCES CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT

Vancouver, BC, Canada – Thursday, December 3, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) (http://www.carbonfriendly.com) is pleased to announce that, further to its most recent news release dated November 30, 2009, it has now closed the second tranche (the first tranche having been for $508,140) of a non-brokered private placement consisting of an additional 1,400,000 units (each a “Unit’) of the Company, at a subscription price of $0.27 per Unit, and for gross proceeds of $378,000 (the “Offering”).

December 1, 2009

CARBON FRIENDLY ANNOUNCES CLOSING OF INITIAL TRANCHE OF PRIVATE PLACEMENT

Vancouver, BC, Canada – Monday, November 30, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) (http://www.carbonfriendly.com) is pleased to announce that, further to its news releases dated September 23, 2009 and October 29, 2009, it has now closed the initial tranche of a non-brokered private placement consisting of the issuance of an aggregate of 1,882,000 units (each a “Unit’) of the Company, at a subscription price of $0.27 per Unit, and for gross proceeds of $508,140 (the “Offering”).
October 30, 2009

CARBON FRIENDLY INCREASES UNIT FINANCING

Vancouver, BC, Canada – Thursday, October 29, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange:

CFQ) (“CFS“ or the “Company”) (http://www.carbonfriendly.com) is pleased to announce that it is increasing its previously announced (by way of news release dated September 23, 2009) financing from $1,000,000 to up to $2,000,000 by way of non-brokered private placement (the “Offering”).

September 24, 2009

CARBON FRIENDLY ANNOUNCES $1,000,000 UNIT FINANCING

Vancouver, BC, Canada – Wednesday, September 23, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) (http://www.carbonfriendly.com) is pleased to announce a financing of up to $1,000,000 by way of non-brokered private placement (the “Offering”).
September 17, 2009

Carbon Friendly Announces First Phase of its Poland Afforestation Offset Project

Vancouver, BC, Canada – Thursday, September 17, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) (http://www.carbonfriendly.com) is pleased to announce its wholly-owned subsidiary CO2 Reduction Poland Sp Z.o.o has aggregated a total of 932.51 hectares of private lands in Northern Poland, of which 4,084,972 trees were planted on 671.12 hectares to initiate the first phase of its Warmian-Masurian, Poland Afforestation Offset Project (the “Project”).
July 28, 2009

THE HONOURABLE JOHN D. REYNOLDS, P.C. - APPOINTED TO THE CFS BOARD OF DIRECTORS

Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) is pleased to announce the appointment of the Honourable John D. Reynolds, P.C., to the Company’s Board of Directors.   
July 22, 2009

Carbon Friendly Responds To Results Of Carbon Offsets Guide

To The Pembina Institute,

 

Carbon Friendly Solutions, Inc. (CFS) has prepared the following response to the Pembina Institute Carbon Offset survey and guide. We are requesting several corrections to absent or erroneous assessment results that are in the carbon offset guide for businesses and consumers, and that we construe as misleading. The following corrections to the assessment and guide are proposed for 5 of the 6 criteria, beginning with the criteria for which CFS scored “0.”

June 8, 2009

Carbon Friendly Solutions Retains AGORACOM To Provide Investor Relations and Social Network For Shareholders

TORONTO, June 8, 2009 – Carbon Friendly Solutions (CFQ: TSX-V) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world’s biggest websites for the purpose of attracting new shareholders.
May 29, 2009

Bio Energy Production Facility LOI - Update

Vancouver, BC, Canada – Friday, May 29, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) ("CFS" or the "Company") is pleased to provide an update from the recent News Release on April 21, 2009 announcing the Company has signed a Letter of Intent to build and operate a Wood Waste Utilization and Biomass Energy Production Facility (the “Facility”) with The Clarke Group (“TCG”).
May 25, 2009

CARBON FRIENDLY IMPLEMENTS REFORESTATION PROJECT WITH TREES FOR CLEAN AIR

Vancouver, BC, Canada –Monday, May 25, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) is pleased to announce its wholly-owned subsidiary Global CO2 Reduction Inc. has initiated its Northern Ontario Pilot Project (the “Project”). CFS has completed planting 92,000 Jack pine seedlings on 40 hectares of land during stage one  of its first North American reforestation project, in coordination with Trees for Clean Air (TFCA).  The total land in the Project area is  45 hectares.  CFS in cooperation with TFCA will plant the remaining 5 hectares with fast-growing willows in early fall 2009, during stage two of   the Project.
April 12, 2009

Carbon Friendly signs LOI for Wood Waste Utilization and Bio Energy Production Facility

Vancouver, BC, Canada – Tuesday, April 21, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) ("CFS" or the "Company") is pleased to announce it has signed a Letter of Intent with The Clarke Group to build and operate a Wood Waste and Biomass Utilization facility for the purpose of manufacturing and selling bio energy products to meet current and future renewable energy demands in Canada, North America and globally.   

February 12, 2009

CO2 Reduction Poland Sp. Z o.o. – Change of Directors

Vancouver, BC, Canada – Thursday, February 12, 2009 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) is pleased to announce the appointment of Mr. Jacek Dziubras and Mr. Miroslaw Borucki as new Director’s of the Company’s wholly owned subsidiary, CO2 Reduction Poland Sp. Z o.o. in Poland.   Mr. Borucki and Mr. Dziubras have replaced the outgoing Director’s of CO2 Reduction Poland Sp. Z o.o.

November 12, 2008

THE HONOURABLE JOHN D. REYNOLDS, P.C. APPOINTED AS CHAIRMAN OF ADVISORY BOARD

Vancouver, BC, Canada – Wednesday, November 12, 2008 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) is pleased to announce the appointment of the Honourable John D. Reynolds as Chairman of the Company’s Advisory Board.
November 3, 2008

CARBON FRIENDLY SIGNS REFORESTATION AGREEMENT WITH TREES FOR CLEAN AIR

Vancouver, BC, Canada – Monday, November 3, 2008 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“ or the “Company”) is pleased to announce its wholly owned subsidiary Global CO2 Reduction Inc. has signed its first North American land based carbon sequestration project agreement (“the Agreement”) with Trees for Clean Air Inc. (TFCA).  This 61 hectare reforestation pilot project is located in Northern Ontario and will remove approximately 225,000 tonnes of CO2 over the duration of the project period and generate the equivalent of 225,000 carbon credits for sale in the Voluntary offset market.   
October 7, 2008

Grant of Stock Options

Vancouver, BC, Canada – October 7, 2008 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ)  (the “Company”) wishes to announce that it has granted an aggregate of 1,635,000 stock options to directors, officers, employees and consultants of the Company, exercisable until October 6, 2013, at a price of $0.23 per share.
October 7, 2008

Slawomir Smulewicz appointed to the Board of Directors

Vancouver, BC, Canada – Tuesday, October 7, 2008 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“or the “Company”) is pleased to announce the appointment of Slawomir Smulewicz to the Board of Directors. 
September 2, 2008

Carbon Friendly closes Global CO2 acquisition

Mr. Stan Lis reports

CARBON FRIENDLY SOLUTIONS INC. (FORMERLY AVIGO RESOURCES CORP.) COMPLETES ACQUISITION OF GLOBAL CO2 REDUCTION INC.

August 29, 2008

Carbon Friendly 2.8-million-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement of units, each unit consisting of one common share and one-half of one warrant at 50 cents. Each whole warrant expires 24 months from the date of closing of the non-brokered private placement and entitles the holder to purchase one common share of the company for 75 cents. A total of 4,145,000 common shares and 2,072,500 warrants were issued.
August 29, 2008

Avigo Resources name change to Carbon Friendly

See Change Name (C-TMX) Avigo Resources Corp

The TSX Venture Exchange has accepted for filing the reverse takeover of Carbon Friendly Solutions Inc., which includes the following transactions:

November 1, 2007

Avigo enters into a share exchange agreement to acquire Carbon Friendly Solutions Inc.

Avigo Resources Corp. (“Avigo” or “the Company”) – Avigo has entered into an agreement dated October 31, 2007 (the “Agreement”) to acquire all of the issued and outstanding common shares of Carbon Friendly Solutions Inc. (“CFS”) a private environmental company focused on global carbon emission reduction solutions (the “Transaction”).
October 28, 2007

Assessment of the Carbon Removal Potential of the Jankowice Afforestation Project

EcoSecurities carried out a first assessment of the project eligibility and additionally under the Joint Implementation flexible mechanism under the Kyoto Protocol.
December 17, 2006

Carbon Friendly Solutions Signs Contract With EcoSecurities

On December 17, 2006 Carbon Friendly™ Solutions signed a contract with EcoSecurities BV to complete the feasibility study of the carbon removal potential of reforestation activities in Poland.

Higher temperatures are accelerating desertification; as moisture is baked out of the soil faster and once arable land, becomes too dry to support agriculture.