Progreen Properties, Inc. Launches New Website

BLOOMFIELD TOWNSHIP, MI--(Marketwired - Jun 16, 2016) - PROGREEN PROPERTIES, INC. (PROGREEN) (OTC PINK: PGEI) is pleased to announce that our new website has gone live on the new domain, www.ProGreenUS.com. We've taken all of the company's avenues of communication and put them together in one place. As part of our commitment to transparency, the company's share structure is posted on the homepage and will be updated during the first week of each month. Other information including SEC filings, press releases, blog posts and twitter updates will also be posted immediately on the website. Pictures and videos will be posted as they become available. Every effort will be made to keep shareholders well informed and up-to-date with the company's activities.

"This is a big step forward for the company, resulting in a considerable improvement in our ability to communicate with our investors, as well as with the general public at large," says Jan Telander, President.

About ProGreen Properties, Inc.

PROGREEN PROPERTIES, INC. (PROGREEN) (OTC PINK: PGEI) based in Bloomfield, Michigan, is engaged in the business of acquiring, refurbishing and upgrading residential real estate into modern affordable homes, offered for sale with Land Contracts to buyers still unable to obtain conventional credit. The company has also recently entered into property investments in Baja California, Mexico and will be intensifying this activity, with the aim of creating a sustainable income stream for many years to come.

This press release might contain information, which may constitute 'forward-looking statements' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks, uncertainties and other factors that could cause actual results or events to differ materially from those anticipated.