Nass Valley Gateway Ltd. - Non-Brokered Private Placement

    
    Trading Symbols
    ---------------
    CNSX: NVG
    Germany: WKN A0MNSR /
    ISIN CA6315201039
    Website: www.nass-valley.com

    The securities being offered have not been, nor wil be, registered under
    the United States Securities Act of 1933, as amended, and may not be
    offered or sold in the United States or to U.S. persons without
    registration or applicable exemption from the registration requirement of
    such Act. This release does not constitute an offer for sale of such
    securities in the United States of America.
    

VANCOUVER, April 30 /CNW/ - Nass Valley Gateway Ltd. (the "Company" or "NVG") wishes to announce it will use its best efforts to sell by private placement up to $ 250,000 consisting of five million units at $0.05 per unit ("Unit"). Each Unit will be comprised of one common share and one transferable common share purchase warrant. Each warrant forming part of a Unit is exercisable for one additional common share at an exercise price of $0.075 per share for a period of three years from the date of closing.

The Company will apply the proceeds from the private placement towards new acquisitions and working capital to fund ongoing operations and preparations for the new technology.

Certain directors and officers of the Company may acquire units under the private placement. Any such participation would be considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any units issued to or the consideration paid by such persons will exceed 25% of the Company's market capitalization.

This private placement is subject to regulatory approval.

Nass Valley Gateway is exploring industrial minerals and developing, marketing and establishing environmentally responsible Waste to Energy processes through its 100% owned subsidiary Greenville Environomic Energy Ltd. The Company and its subsidiary are devoted to building value for their shareholders and employees, contributing to the improvement of the communities in which they operate through employment creation, and implementing sustainable practices designed to preserve and enhance our environment.

The CNSX has not reviewed, and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

SOURCE Nass Valley Gateway Ltd.

For further information: For further information: Mel Stevens, President, Telephone: (250) 621-3286 Or Dieter Peter, Chairman & CEO, Telephone: (604) 685-4170


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