GreenAngel Energy Announces AGM Director Elections

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 5, 2013) - GreenAngel Energy Corporation ("GreenAngel") (TSX VENTURE:GAE) reports that all nominees listed in GreenAngel's management information circular dated May 3, 2013, were elected as directors at its 2013 annual general meeting of shareholders held on Tuesday, June 4, 2013. The six nominees proposed by management were elected as directors of GreenAngel to serve until the company's next annual meeting of shareholders, or until their successors are elected or appointed, with 100% of the 5,374,832 shares represented at the meeting voting in favour of individual nominees.

Five directors were reappointed, namely Robert de Wit, James Pratt, Bruce Schmidt, Alan Werenko and Michael Volker. The sixth director, Eamonn Percy is a new appointee.

Michael Volker, Chairman, comments, "We are delighted that Eamonn Percy is joining us as a director. His significant business and leadership experience, with global companies in the clean technology sector will be an important contribution to the board."

Mr. Percy is an experienced business leader and has held leadership roles with companies in the energy, technology and engineering sectors, including Powertech Labs, Ballard Power Systems, Pirelli Cables and Optical Systems and Ford Motor Company. He has board level experience in the commercial, academic, and regulatory sectors. He is also active in supporting the local B.C. technology community as a CEO in residence with the B.C. Technology Industry Association's Centre for Growth program. He has been honoured with awards for professional development and community involvement. He has an MBA (Finance) from University of Toronto, a B. Eng. (Electrical) from Lakehead University and a Dip. Tech. (Power) from BCIT.

He currently chairs the University of British Columbia (UBC) Clean Energy Research Centre Advisory Board, is an Adjunct Professor in the UBC School of Electrical and Computer Engineering (ECE), and is a member of the UBC ECE Industry Advisory Committee. He is a past board member of Lakehead University Board of Governors and the Architectural Institute of BC Board of Governors. In 2007, he received the BCIT Distinguished Alumni Award for Professional Leadership and Service to the Community and in 1999 was a recipient of Canada's Top 40 under 40 Award.

About GreenAngel Energy

GreenAngel Energy Corp. is the first publicly traded company that invests in emerging green technology companies. We provide an avenue for public investors to gain access to a portfolio of the most promising angel-stage investments across a spectrum of green technology sectors. Our focus is commercializing new technologies that produce renewable energy, improve energy efficiency, or use renewable energy resources such as water, wind and solar. We also work with companies that deploy or manage technologies and processes that reduce greenhouse gas (GHG) emissions. In addition to providing strategic capital to investee companies, GreenAngel also mentors and advises investees to help ensure these companies achieve commercial success. The firms include Delaware Power Systems, Light-Based Technologies, Habitat Carbon Assets, moj.io, DPoint Technologies, Paradigm Environmental Technologies and Mazza Innovation Ltd. For more information, please visit www.greenangelenergy.ca.

ON BEHALF OF THE BOARD

Michael Volker, Chairman

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements that reflect the expectations of management regarding the Company's listing of its common shares on the TSX Venture Exchange. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.