Goldfish Holdings, Inc.
GOLDFISH HOLDINGS, INC. ACQUIRES 45% INTEREST IN RAPE OIL PRODUCTION COMPANY, KASGER PFLANZENÖL GMBH.
Corporate News transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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NEUSS, GERMANY- December 2006: Goldfish Holdings Inc. announces the
acquisition of a 45% equity interest in KasGer Pflanzenöl GmbH. This
ownership position secures Goldfish’s position in the renewable energy
sector and continues its mission in growing the alternative energy
holdings.
KasGer’s majority shareholder is Mr. Warkentin, an established
agri-business based in Khazikstan. Mr. Johann Warkentin has been operating
his agri business under the ‘TOO Sinegorie’ name servicing the former
Soviet Union countires as well as production and distribution throughout
Germany and the EU. Mr. Warkentin will serve as the operating CEO of
KasGer, overseeing the day to day production functions of the company.
According to Mr. Warkentin, ‘With over six months in the planning and
structuring of this deal with Goldfish we have been able to enter into this
company with the plan, infrastructure and logistics already secured,
allowing our dedicated focus to be on the operation and production of rape
oil. This is allowing our model to deliver production output in 2007 of
over 5,000 metric tones per month.’Rape Oil is trading around Euro 600 per
metric ton KasGer’s core assets include the rape oil mills and production
equipment in addition to the 60,000 hectare crop land. The biodiesel
marketplace is currently in the spotlight with the EU regulating the
inclusion of biodiesels in transportation plans and fueling requirements
through 2010. In efforts to minimize CO2 emissions, the EU has put into
law, requirements of fossil and bio diesel blending targets of 5.75% by
2010. Germany has advanced these requirements enacting a minimum of 4.4% by
2007. According to Mr. Tobias Janssen, CEO of Goldfish Holdings Inc. ,
‘This changing landscape and the legal influences have emerged to drive
industry to respond and create real markets for the advancement of
alternatives to fossil fuels. This is why Goldfish is dedicated to be a
part of the dynamic evolution of energy in the 21st Century and why KasGer
is the cornerstone to our efforts in the EU.’. KasGer will be based out of
Germany with transportation and storage facilities in Germany and
production , mill function and refinery services in Khazikstan.
About Goldfish Holdings Inc.
Established in 2002 , Goldfish Holdings is a global Venture Management
Organization with holdings across the globe and interests in the
alternative energy; biotechnology and technology sectors. In addition to
the portfolio companies, Goldfish operates a consulting business working
with early stage ventures and emerging markets. If you are interested in
learning more about Goldfish Holdings, please visit
www.goldfish-holdings.com.
Goldfish Holdings, Inc. is listet in Frankfurt and Xetra.
ISIN USU3823M2062
This material is for informational purposes only and should not be
construed as an offer or solicitation of an offer to buy or sell
securities.
Goldfish Holdings, Inc.
Stresemannallee 6
41460 Neuss
Germany
Tobias Janßen – Robert Märtin
+49.2131-151040
(c)DGAP 06.12.2006
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