CALGARY, ALBERTA -- (Marketwire) -- 02/11/13 -- Maple Leaf Green World Inc. ("Maple Leaf" or the "Corporation") (TSX VENTURE: MGW), an eco-agricultural company with a revenue producing large-scale nursery business in Inner Mongolia, China, announces that it has signed an exclusive contract (the "Contract") to test and including an option to purchase the technologies of China Light Enrich Ltd. ("China Light"), a private Hong Kong company that specializes in the ecological agriculture and bio-fertilizer businesses. China Light has invented the following new ecological technologies that are included in the Contract (the "Technologies"):
China Light has developed a feed additive that is given to pigs that does not use any illicit drugs, steroids, antibiotics or hormones, just natural ingredients formulated into an additive mixed with regular pig feed (the "Pig Raising Technology"). The most important benefits of the process are that it can:
1. Enable pigs to reach full market weight 30 days shorter than using the traditional method, which in China normally takes 120 days;2. Save a minimum of 25% of feedstock or combined feeding cost;3. Eliminate the entire offending odor of the pig farm and achieve a zero emission effect; and4. Make the pig healthier with a stronger immune system and the meat will have less fat and be more tasteful.
China Light has developed a process to convert pig manure into fertile soil to cultivate earthworms (the type that are used in making heart disease medicine). After harvesting the earthworm, the soil can be converted into a high quality bio-fertilizer through another process.
Improving Egg Content
China Light has developed a new technology for raising egg-laying chickens so that the eggs contain more vital nutrients than normal eggs.
Raising Chickens and Cows
China Light is in the advanced stages of developing an additive that similarly reduces the feed and time required to grow chickens and cows to full market weight.
Terms of the Contract
The Contract provides that Maple Leaf can undertake a formal test of the Technologies at a pig farm and chicken farm in Hunan, China, to be chosen by Maple Leaf. This testing will take three months and China Light will bear the cost. If the results of this test are consistent with what China Light has claimed, China Light will prepare a formal scientific experiment report for Maple Leaf. Maple Leaf will then test the marketability of the Technologies within three months of receipt of the report. If Maple Leaf finds that the market potential is acceptable, then Maple Leaf will undertake to obtain regulatory approval to issue 32 million of its common shares to China Light as consideration for all rights to the Technologies. The share issuance transaction will be detailed in another agreement to be formulated by both parties upon Maple Leaf exercising its option to proceed with acquiring rights to the technologies.
While the above testing is being done, Maple Leaf has arranged for five pigs farms with 10,000 pigs each to try out the Pig Raising Technology with a small sample of their livestock. Assuming that these samples are successful, larger commercial orders are expected from these farms while other farms begin their own sample trials.