Amazonas Florestal Ltd (AZFL)

[ludovico]

HUGE NEWS: Amazonas Florestal Ltd. Announces Acquisition of Earth Pass LLC and Amazon Sustainable Development Corp

http://www.marketwired.com/press-release/amazonas-florestal-ltd-announces-acquisition-earth-pass-llc-amazon-sustainable-development-otc-pink-azfl-2087245.htm

MIAMI, FL--(Marketwired - Jan 12, 2016) - Amazonas Florestal, Ltd. (www.amazonasf.com) (OTC PINK: AZFL), a natural resources Company dedicated to innovative, sustainable forest management, the certification and sales of carbon credits, and Industrial Hemp, today announced that the Company has completed the acquisition of Earth Pass LLC (EPL), which becomes a fully-owned subsidiary of the Company.

The Acquisition includes a fully licensed division in Brazil that has been producing wood products with their land holdings since 2007 under the name Amazon Sustainable Development Corp. It also includes 64,000 acres of native forest properties eligible for the certification of Carbon Credits through the United Nations REDD+ program.

Ricardo Cortez, Chairman of the Board of Amazonas Florestal, stated: "This acquisition of these valuable assets will increase shareholder value considerably and open the door to substantial opportunities for the Company in Brazil. Amazonas Florestal, through its new subsidiary ASD, can now officially begin work on the studies that will certify the Carbon Credits available on the ASD properties. All of the necessary vehicles are now in place to begin the studies in February under the direction of Peter Stebbins and key personnel in Brazil that become part of the Company as a result of this new acquisition."

J.C. Ubieto, Company IRO, stressed that "the conclusion of the due diligence in late December by Company representatives in Brazil means these much anticipated assets are now part of Amazonas Florestal. This opens many potentially lucrative doors in the large Brazilian nation. We have already been contacted by a number of agencies requesting information and offering project ideas to begin our Carbon Studies next month. The potential upside of this activity is significant and has focused interest on it. The COP20 meeting in Paris has created noteworthy interest and has focused attention on Carbon Credits and resulted in increased demand on the Voluntary Market for Carbon Credits."