Alter NRG Corp. begins trading on the International OTCQX

    TSXV - NRG

    CALGARY, Oct. 28 /CNW/ - (TSXV - NRG; OTCQX - ANRGF) - Alter NRG Corp.,
("Alter NRG" or the "Company") begins listing its securities today on
International OTCQX's PrimeQX Trading Market ("OTCQX") under the ticker symbol
ANRGF. OTCQX is a highly visible equity listing and trading market in the
United States that does not require U.S. Securities and Exchange Commission
registration. Investors can find real-time quotes, disclosure and financial
information on Alter NRG at
    "Securing an additional listing on the OTCQX will provide Alter NRG with
a credible and accessible gateway to access U.S. based investors," said Mark
Montemurro, Alter NRG President and Chief Executive Officer. "The United
States is the world leader in clean energy investing and we look forward to
sharing our Company's story with this large investor base."
    U.S. investment bank Merriman Curhan Ford will serve as Alter NRG's
Principal American Liaison ("PAL") on the International OTCQX.
    "We are pleased to sponsor Alter NRG on OTCQX and help them gain U.S.
institutional investor visibility from our capital markets leadership in the
CleanTech sector," said Allen Blankenship, Vice President of Merriman's OTCQX
Advisory Group. "Alter NRG is our 10th client to list on OTCQX, a highly
visible platform that has attracted 40 global companies from 13 countries
since early 2007 with a combined market capitalization of nearly
$500 billion."


    Alter NRG is pursuing alternative energy solutions to meet the growing
demand for environmentally responsible energy in world markets. The Company's
vision is to become a leader in the development of innovative gasification
projects for the commercial production of energy. The Company's objective for
the next decade is to utilize our commercially proven plasma gasification
technology to become a senior energy producer of hydrogen, synthesis gas, and
transportation fuels (diesel, naphtha, ethanol, etc.), steam and electricity,
all of which are fundamental products for the world's growing energy needs.


    Merriman Curhan Ford (NASDAQ:  MERR) is a financial services firm focused
on fast-growing companies and the institutions who invest in them. The company
offers high-quality investment banking, equity research, institutional
services, primary market research, corporate & executive services, asset
management and venture services, and specializes in three growth industry
sectors: CleanTech, Consumer/Internet/Media and Health Care. For more
information, please go to


    International OTCQX provides a gateway to U.S. securities markets for
international companies that are listed on a qualified international exchange
and provide ongoing disclosure in English to U.S. investors. More importantly,
International OTCQX distinguishes the reputable international issuers from the
8,000 over-the-counter ("OTC") securities traded in the U.S. Only leading
companies that have substantial operating businesses and provide credible
disclosure to the public are eligible for inclusion on the premium-tier
International OTCQX, which includes the PrimeQX. The International OTCQX
commenced trading on March 5, 2007. For more about International OTCQX, visit

    The OTCQX or TSX Venture Exchange does not accept responsibility for the
    adequacy or accuracy of this release.

    Advisory Respecting Forward-Looking Statements:
    This news release contains certain forward-looking information and
statements within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends",
"confident", "might" and similar expressions are intended to identify
forward-looking information or statements. In particular, but without limiting
the foregoing, this news release contains forward-looking information and
statements pertaining to the following: currency exchange rate fluctuations;
environmental risks; unanticipated reclamation expenses; ability to finance;
risk of obtaining regulatory approvals; ability to find joint venture
partners; engineering and design risk; fluctuation in commodity prices and
other expectations, beliefs, plans, goals, objectives, assumptions,
information and statements about possible future events, conditions, results
of operations or performance. Various assumptions were used in drawing the
conclusions or making the projections contained in the forward-looking
statements throughout this news release.
    The forward-looking information and statements included in this news
release are not guarantees of future performance and should not be unduly
relied upon. Forward-looking statements are based on current expectations,
estimates and projections that involve a number of risks and uncertainties
including but not limited to:, unexpected events during construction, and
start-up; variations in feedstock grade,; delay or failure to receive board or
government approvals; timing and availability of external financing on
acceptable terms; conclusions of economic evaluations; changes in project
parameters as plans continue to be refined; future prices of commodities;
failure of plant, equipment or processes to operate as anticipated; delays in
the completion of development or construction activities, as well as those
factors discussed in or referred to under the heading "Risk Factors" in the
Company's Annual Information Form dated July 8, 2008 available at which could cause actual results to differ materially from those
anticipated and described in the forward-looking statements. Such information
and statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially from
those anticipated in such forward-looking information or statements.
    The Company cautions that the foregoing list of assumptions, risks and
uncertainties is not exhaustive. The forward-looking information and
statements contained in this news release speak only as of the date of this
news release, and the Company assumes no obligation to publicly update or
revise them to reflect new events or circumstances, except as may be required
pursuant to applicable securities laws.

For further information:

For further information: Mark Montemurro, President and Chief Executive
Officer, (403) 806-3877,; Daniel Hay, Chief Financial
Officer, (403) 806-3881,; James McCreath, Manager, Corporate
Communications, (403) 806-3890,

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Alter NRG Corp.

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