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Kerry Associates, Inc. Enters Into Negotiations with Aquarian Gold Corp. on Behalf of W2 Energy, Inc.
BOSTON-(Business Wire)-September 4, 2008 - Kerry Associates, Inc. announces they have entered into negotiations with Aquarian Gold Corp. (PINKSHEETS: AQGC) on behalf of W2 Energy, Inc. (PINKSHEETS: WTWO) for W2 Energy’s CTL (Coal to Liquid) technology.
Aquarian is involved in exploration of Coal Deposits in Sumatra, Indonesia, and has shown great interest in W2 Energy’s CTL conversion technology. Indonesia is concerned about the impact of coal mining on the environment, and Aquarian feels that the W2 Energy technology will have a significant impact on coal development in Indonesia, while helping to maintain a clean, safe environment. Indonesia is the second largest producer of coal in the world, and China and Japan are Indonesia’s two largest coal markets.
Eric Cousens, CEO of Kerry Associates, Inc. stated “We have received a tremendous response from the launch of our campaign on W2 Energy’s CTL technology. Kerry Associates and W2 Energy, Inc. both have an interest in renewable and alternative energies worldwide. In an effort to address the concern of all nations on the detrimental damage caused by fossil fuels, Kerry Associates is working abroad in an effort to help turn this worldwide problem into a worldwide solution.â€
About Aquarian Gold Corporation
The Company's exploration targets are in the Riau Coal basin, one of three coal rich areas within Sumatra that together account for seventy percent of Indonesia's annual coal production. For more information, please visit http://www.aquariancoal.com.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Please visit http://www.w2energy.com for more information.
About Kerry Associates, Inc.
Kerry Associates Inc. is a private business consulting firm that provides a vast amount of business services including business plan development, business valuations, financial services, mergers and acquisitions, supply and distribution networks. For more information, please visit www.kerryassociates.com.
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