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Green Energy Resources (OTC: GRGR) Declares Stock Dividend


( CybeRelease, March 28, 2006 ) - Lake Harmony, PA - Green Energy Resources (Pink Sheets: GRGR) announced a stock dividend to shareholders of record as of March 31, 2006. The original announcement was made in November 2005, and confirmed January 2006. The dividend is scheduled for delivery in May, according to company plans. Green Energy Resources has produced profits in 2004 and 2005 and has no debt.

Green Energy Resources has targeted a 20% share, or about $6 billion dollars, as a goal of the European biomass imports market by 2011 .The Plan is well underway and kicked off at this month’s European 2006 Biomass Conference held in London. Green Energy Resources was a sponsor of the event, and the only biomass supply company in attendance. The Conference had many of Europe’s largest biomass buyers, including the major power utilities, seeking potential supply sourcing.

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