TORONTO, Jan. 10 /CNW/ - Cleanfield Alternative Energy Inc.
("Cleanfield") (TSX VENTURE: AIR) announces that, after receiving TSX
Venture Exchange ("Exchange") approval, it issued 267,124 common shares
at $0.20 per share to satisfy the interest owing as of December 31,
2010 and payable in common shares of Cleanfield relating to the senior
secured convertible redeemable debentures, Series B. All common shares
issued are subject to a four-month Exchange hold period expiring May 8,
About Cleanfield: Cleanfield is an innovative technology company focused on the research,
development and distribution of renewable energy solutions for the
urban environment. Cleanfield possesses industry leading, proprietary
inverter technologies, which it currently sells through a complete
solution - a 3.5 kW vertical axis wind turbine. The company's vision is
to be recognized as an international leader in bringing high-quality
and innovative sustainable energy solutions to the marketplace.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
SOURCE Cleanfield Alternative Energy Inc.
For further information:
Go to www.cleanfieldenergy.com, or contact Tony Verrelli, CEO, Cleanfield (905) 304-5223, firstname.lastname@example.org