CALGARY, ALBERTA -- (Marketwire) -- 03/13/13 -- Maple Leaf Green World Inc. (TSX VENTURE: MGW) ("Maple Leaf") announces that it has signed a 1-year exclusive agency agreement with High Brix Manufacturing Inc of Alberta, Canada ("High Brix") and Soil Works LLC of South Dakota, U.S.A. ("Soil Works") to market their products in China.
High Brix is a privately owned company that was formed to blend and develop high quality phosphate products. The focus of the program and product line is to increase the nutrient density of food. With research and theories based in the Biological ionization of Dr. Carey Reams, the process consists of several important steps to flocculate soil, re-establish microbial life and function and ensure homogenized energy flow in the soil. Use of clean minerals, free from excess salts, heavy metals and unneeded fillers is a key component to product selection and development. All of High Brix's products have been formulated and blended to ensure the end product is efficient, biologically friendly and contain no unneeded minerals or additives.
Soil Works is a manufacturer of a superior Calcium product that meets and exceeds the average criteria, and it is a perfect match to HB's phosphate products in meeting the goals of soil flocculation, increased plant health and superior food quality. Soil Work's website is www.gsrcalcium.com. Unlike any product currently on the market, Genesis Soil Rite Calcium is designed to attack and correct the cause of the problem rather than reacting only to the symptoms. Throughout the world, Soil Works stands confident in knowing that the addition of calcium is the only solution to a wide source of soil problems, including fungi, weeds, insects, pH, drought and plant sugars in plants. The growth, health and productivity of all plants is determined by the balance and interaction of many nutrients. Calcium's role is to use its electrical power to assist other minerals for an overall healthy soil that produces quality food.
High Brix and Soil Works products are currently being used in 44 U.S. States, 8 Provinces in Canada and in 15 different countries outside of North America.
Given that China's soil generally lacks phosphate and calcium, especially in the high semi-desert area in Northern China, High Brix and Soil Works products are a perfect match with Maple Leaf's vegetable and reforestation projects. After the tree and vegetable seeds are germinated with Maple Leaf's peat moss method, these products will help to speed up the growth and quality of the trees and vegetables. Maple Leaf has already received several inquiries from both the private and government sectors in China regarding using these products.
Convertible Debenture & Unit Financings
Maple Leaf also announces that subject to TSXV approval, it has closed a $50,000 convertible debenture financing with the principal of High Brix (the "Debenture"). The Debenture is for a term of 6 months, is convertible into common shares of Maple Leaf at any time during the term at a price of $0.10 per common share and will pay 10% interest (on an annualized basis) upon maturity. No finder's fees will be paid in connection with the issuance of the Debenture. Maple Leaf intends to use the proceeds from the issuance of the Debenture for general working capital purposes.
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