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Press and News Archive

HUNT GLOBAL ANNOUNCES ADDITIONS TO MANAGEMENT TEAM AND PROGRESS ON MINNESOTA JORDAN WHITE SAND DEVELOPMENT

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Press Release Source: Hunt Global Resources Inc. on Tuesday, April 10, 2012 at 8:36am EST

HOUSTON—(BUSINESS WIRE)— Hunt Global Resources, Inc (OTCBB: HGCO) today announced the following additions to its management team:

  • Mr. David H. Odorizzi joined the Company as its Chief Financial Officer effective April, 2012. Mr. Odorizzi has over 30 years of energy industry experience, most recently in the development, financing, construction and management of large power generation projects. He has held executive positions in finance, operations and development including Executive Vice President and CFO of Enron Power Corp., President of International Business Ventures (an Enron subsidiary), and Executive Vice President in charge of development for TM Power Ventures. Mr. Odorizzi began his career in public accounting with the predecessor firm to PricewaterhouseCoopers.
  • Mr. Terry Casey joined the Company as Vice President of Operations effective April, 2012 and will have overall responsibility for the development, construction and operation of our upcoming frac sand processing plant in Minnesota. Mr. Casey has over 30 years of environmental, safety, project and construction management experience. He was the senior environmental professional for Celanese Chemicals (f/k/a Hoechst Celanese) and NL Industries. In 1998, he formed his own company and managed the cleanup of approximately 70 hazardous waste sites across the U.S.
  • Mr. Mike Horne will be moving from his prior CFO position assuming the position of Vice President of Hunt Carbon Green. In this capacity, Mr. Horne will assume responsibility for the continued operation of our pilot plant in the Nation of Cyprus and will be responsible for the sale of the Carbon Green business, which was previously announced in our recently filed Form 10K with the SEC. Mr. Horne has a long history with Carbon Green and is uniquely familiar with its operation and business prospects.

Mr. Sharp, Chairman and CEO commented, “The addition of Dave Odorizzi and Terry Casey and their unique skill sets will be invaluable in advancing the development of our key asset, our 90 million ton Northern Jordan White frac sand mineral deposit. Their combined environmental, developmental, construction and operational experience is tailor made for the Company. This is only the next step in building a strong operations oriented management team around our new President, Joe Compofelice.”

MINNESOTA FRAC SAND DEVELOPMENT:

The development of our 2.4 million ton annual capacity frac sand project in Minnesota continues on schedule. On April 3, 2012 the company received notice approval of our Proposed Mining Final Scoping Decision Document (Final SDD) from the Scott County Board of Commissioners. “This is a key milestone which was the result of many months of careful effort and coordination with Scott County”, said George Sharp, Chairman and CEO. The Company is on schedule to submit its Final Environmental Impact Statement in May, 2012 and to receive the necessary permits consistent with its construction and operation targets. The Final SDD and work plan are available on the Scott County website www.co.scott.mn.us.

Commenting on this milestone, Mr. Sharp said, “We have an experienced team of consultants and advisors with significant permitting experience in Minnesota. One of the most significant barriers to entry into the Northern White Jordan frac sand business is the time and cost to obtain all the necessary environmental permits. Our plant is on an actively mined limestone site and along with the cooperation of Scott County authorities, coupled with the long standing community credentials of the local owners of the property, this process has progressed on a timely basis and we expect it to continue to do so.”

The Hunt Global Northern White Jordan Sandstone development is expected to be the largest single location white frac sand processing plant in North America. The plant design, which is complete, calls for annual production of marketable frac sand of 2.4 million tons annually. Construction is scheduled to start in the fall 2012 with start up and first deliveries projected in the summer 2013. While the Company has not yet released full technical data and API grade mix on the deposit or trial processing/screening tests, the Company has stated that it believes it has, as high a concentration, of “coarse” Northern White Jordan, as any sand producer in the U.S. Commenting on the product mix, President Joe Compofelice said, “Market demand currently is very much in favor of coarse material. This is consistent with the shift in customer spending from dry gas basins to liquid gas/oil rich basins of the Bakken, Eagle Ford, Permian and Utica unconventional shale plays.”

 

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB:HGCO) is a natural resource company focusing on the development of “frac” sands, which is an essential component in the production of oil and gas, especially the production of oil and gas from “unconventional” shales. The primary assets of the Company include the exclusive right to acquire the mining rights to over 900 acres of land containing an estimated 90 million ton reserve of Northern Jordan White sand, which is considered the premier raw sand in the “fracking” industry. Additionally, the Company’s current holdings include the mining rights to 350 acres in Conroe, Texas, containing frac sand deposits of approximately 21 million tons and an additional 20 million tons of sand for other industrial uses. For more information visit www.huntglobalresources.com.

 

Contact:

Investor Relations
Hunt Global Resources, Inc.
(281) 825-5000

HUNT GLOBAL RESOURCES ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS, APPOINTMENT OF JOSEPH S. COMPOFELICE AS PRESIDENT AND CLOSING OF NEW DEBT AGREEMENT

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Press Release Source: Hunt Global Resources Inc. on Wednesday, February 8, 2012 at 8:36am EST

HOUSTON—(BUSINESS WIRE)— Hunt Global Resources, Inc (OTCBB: HGCO) today announced the following changes to its Board of Directors and appointment of Joseph S. Compofelice, as the President and a Director of the Company:

  • Lisa A. Hunt, Jewel S. Hunt V and Michael P. Horne have resigned from the Board of Directors, effective immediately.
  • George T Sharp, CEO of Hunt has been appointed to the additional role of Chairman of the Board.
  • Manfred Sternberg has been appointed to the Board of Directors, effective immediately.

Commenting on the changes, Mr. George Sharp, Chairman and CEO said, “We greatly appreciate the role of Jewel and Lisa Hunt, as the founders of the Company and for their service to the Company for the last four years. We have an outstanding platform of frac assets and we plan to move forward to develop Hunt into one of the premier suppliers of frac sand to the oil and gas business. Michael Horne continues in his capacity as the Chief Financial Officer of the Company. Mr. Sternberg has provided legal service to the Company for several years and is intimately familiar with the Company. In 2012, the Company plans to implement further improvements toward “best practices” in its Corporate Governance policies and procedures.”

Mr. Sharp continued, “We are especially fortunate to attract Joe Compofelice to the Company. Mr. Compofelice comes to us with over 35 years of operating, financial and general management experience in the oilfield services industry. Mr. Compofelice has served in executive positions in numerous companies including Trico Marine Service, NL Industries, CompX International, Smith International and has served on the Board of Directors of seven public companies over the last twenty years. Mr. Compofelice has extensive investment banking experience in IPOs, secondary equity offerings, debt offerings and private placements.” Mr. Compofelice’s appointment as President is effective immediately and he will join the Board of Directors of the Company prior to March 30, 2012.

The Company also reported that it has completed a private placement of $3.0 million of Secured Short Term Notes with a group of investors. The Notes have a term of six months, bear interest at a rate of 10% per annum with a premium payment of between 5% of the face amount and 10% of the face amount if paid off early. The Company has currently drawn down $2.6 million of the $3.0 million.

 

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB:HGCO) is a natural resource company focusing on the development of “frac” sands, which is an essential component of the production of oil and gas, especially the production of oil and gas from “unconventional” gas shales. The primary assets of the Company include the exclusive right to acquire the mining rights to over 900 acres of land containing as estimated 100 million ton reserve of Northern Jordan White sand, which is considered the premier raw sand in the “fracking” industry. Additionally, the Company’s current holding include the mining rights to 350 acres in Conroe, Texas, containing frac sand deposits of approximately 21 million tons and an additional 20 million tons of sand for other industrial uses. For more information visit www.huntglobalresources.com.

 

Contact:

Investor Relations
Hunt Global Resources, Inc.
(281) 825-5000

Hunt Global Resources Plans 2012 construction of frac-sand processing plant in Conroe, Texas

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Press Release Source: Hunt Global Resources Inc. On December 06, 2011 9:49 AM Eastern Time

HOUSTON—(BUSINESS WIRE)— Hunt Global Resources Inc. (OTCBB:HGCO) today announced it plans to build a 1-Million ton per year frac-sand mining and processing facility on its 350 acre site, located in Conroe Texas. The property contains approximately 21 million tons of marketable frac-sand.

“The current boom in oil shale drilling here in the South West, has created a resurging demand for local frac-sand” said George T. Sharp, CEO of Hunt Global Resources Inc. “We are currently in discussions with several large oil and gas service companies’, desiring to purchase frac-sand from the mine, once it’s in production”, Mr. Sharp continued.

“Texas frac sand, often referred to as “Brady” sand, has historically been undervalued by oil and gas drillers who used the more expensive Northern sands that can withstand the high pressures encountered while drilling thousands of feet below the surface.

However, Hydraulic fracturing in shallower depths, has made it possible for production companies to achieve greater efficiencies by using Brady sand that has a lower crush resistance, and is much less expensive, costing an average of $40 to $60 per ton compared to Northern White sand costing $80 to $150 per ton.

Hunt Global is well positioned to capitalize on providing both types of sands, as we are in the process of completing the necessary engineering and environmental studies required for permits that will allow mining on a 900 acre site located in Minnesota.

Hunt plans to begin mining that location, which contains approximately 100 million tons of marketable Northern White frac sand, once permits are issued,” concluded Mr. Sharp.

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource & recycling company, focusing on specialty sands called “frac” sand, which is an essential component in the production of oil and gas. The Company’s current holdings include the mining rights to 350-acres in Conroe Texas, containing high-grade sand deposits and approximately 21-million tons, of high value frac-sand. Hunt also entered into an agreement that will allow the Company to acquire the mining rights to additional 900-acres of land containing an estimated 100-million tons of Northern White frac-sand, which is considered the premier sand in the industry. The Company’s holdings include a state-of-the-art 40-million gallon industrial biofuels manufacturing plant located near the Houston ship channel. Hunt intends to utilize the plant’s excess resources and capacity to support a frac-sand resin coating operation to further increase the value of its frac-sand holdings. Hunt also acquired Carbon Green NA, which is the only patented tire recycling process that recycles 100% of the components of scrap tires with a zero carbon footprint. Hunt has license agreements to distribute the technology in Europe, China and South America. Hunt plans to build up to 10-plants in North America. For more information please visit: www.huntglobalresources.com

Hunt Global Resources Signs Five Year Contract with S.R.I Impex Pvt. LTD of Mumbai, India

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Press Release Source: Hunt Global Resources Inc. on July 12, 2011

HOUSTON—(BUSINESS WIRE)— Hunt Global Resources Inc. (OTCBB:HGCO) today announced it signed a five year contract with S.R.I Impex Pvt. LTD of Mumbai, India to buy 75% of the production of its Carbon Green (CG6) product from Hunts Carbon Green production facility, in the Nation of Cyprus. Carbon Green (CG6) is a made from recycled tires and is a direct substitute for the limited industry supply of carbon black (N660).

George Sharp, CEO of Hunt Global commented “This is Hunts first major move into India to provide our environmentally friendly replacement for oil based carbon black. Joint product testing with S.R.I served to further substantiate the proven value of our Carbon Green product, as a sustainable replacement to carbon black. We are excited about our new partnership with S.R.I and plan to increase our supply to them as we expand our production facilities, in the next year.”

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource & recycling company, focusing on specialty sands called “frac” sand, which is an essential component in the production of oil and gas. The Company’s current holdings include the mining rights to 350-acres in Conroe Texas, containing high-grade sand deposits and approximately 21-million tons, of high value frac-sand. Hunt also entered into an agreement that will allow the Company to acquire the mining rights to additional 400-acres of land containing an estimated 100-million tons of Northern White frac-sand, which is considered the premier sand in the industry. The Company’s holdings include a state-of-the-art 40-million gallon industrial biofuels manufacturing plant located near the Houston ship channel. Hunt intends to utilize the plant’s excess resources and capacity to support a frac-sand resin coating operation to further increase the value of its frac-sand holdings. Hunt also acquired Carbon Green NA, which is the only patented tire recycling process that recycles 100% of the components of scrap tires with a zero carbon footprint. Hunt has license agreements to distribute the technology in Europe, China and South America. Hunt plans to build up to 10-plants in North America. For more information please visit: www.huntglobalresources.com

Hunt Global Resources, Inc. To Present at 2011 Global Hunter Securities Conference Held in San Francisco

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Press Release Source: Hunt Global Resources Inc. on July 11, 2011 7:00 AM Eastern Time

HOUSTON—(BUSINESS WIRE)— Hunt Global Resources Inc. (OTCBB:”HGCO”) today announced that Mike Horne, CFO of the Company, will be presenting at the Global Hunter Securities Conference, which is being held on July 17-19, 2011. The conference will be at the Intercontinental Hotel, 888 Howard St., San Francisco, California. Hunt Global is presenting Monday, July 18th from 4:30-5pm, in Energy - Track 1 (breakout 5-5:30pm). Hunt will also be conducting one-on-one meetings earlier that day from 7:30am-12-Noon (Monday, July 18th). To schedule a one-on-one meeting please contact your Global Hunter Securities representative or contact Jim Blackman, Investor Relations for Hunt Global Resources at (713) 256-0369 or by email Jim@prfmonline.com.

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource company focusing on specialty sands called “frac” sand, which is an essential component in the production of oil and gas. The Company’s current holdings include the mining rights to 350 acres in Conroe Texas, containing high-grade sand deposits. The site contains approximately 21 million tons, of high value frac-sand. The Company’s holdings include a state-of-the-art 40 million gallon industrial Biofuels manufacturing plant located near the Houston ship channel. The Company plans to utilize the plant’s excess resources and capacity to support a frac-sand resin coating operation which will boost the value of its frac-sand holdings. Additionally, Hunt has recently acquired Carbon Green NA, which is the only patented tire recycling process that recycles 100% of the components of scrap tires with a zero carbon footprint. Hunt has license agreements to distribute the technology in Europe, China and South America. Hunt plans to build up to 10 plants in North America. For more information please visit: www.huntglobalresources.com

Hunt Global Resources, Inc. to Acquire 100 Million Ton Frac Sand Mining Operation

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Press Release Source: Hunt Global Resources Inc. On Tuesday March 11, 2011, 04:22 PM EST

HOUSTON--(BUSINESS WIRE)--Hunt Global Resources Inc. (OTCBB: HGCO.ob) announced that that it has entered into an agreement to acquire the mining rights to over 400 acres of land containing an estimated 100-million tons of Northern White frac-sand. The transaction will be completed based on typical due diligence that includes approvals by regulatory agencies, further testing of the sand deposits and final negotiations of the terms of the lease.

“We’re extremely excited about the opportunity to mine this property,” said George T. Sharp, CEO of Hunt Global Resources. “Northern White frac-sand is considered the premier sand in the industry; It is also becoming extremely scarce, especially in large quantities such as contained on this property.”

“Currently the demand for high-quality frac-sand far exceeds the supplies that are available. Moreover, the increased number of oil and gas wells that are projected to be drilled in the ‘shale’ formations during the next five years should continue to widen the gap between supply and demand, causing frac sand prices to continue to escalate,” Mr. Sharp continued.

This site has a huge advantage over traditional discovery sites according to Ed Kuhn, President of Arapahoe Energy Consultants, a geological consultancy contracted by Hunt Global. The current limestone mining operation on the property has been in continuous production for many years and has effectively removed thousands of tons of “over-burden” that has protected the pristine white sand underneath. In addition, this is a working mine with all of the necessary infrastructure, including roads, electric-power gas and rail in place now. What that means is that this site can start producing high grade frac sand faster and for far less money than a development property.

“We believe that we can begin mining frac sand as early as Q3 this year. Currently, quality Northern White frac sand is selling at $90 - $110 per ton, making this a significant transaction.” Mr. Sharp added.

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource company focusing on specialty sands called “frac” sand, which is an essential component in the production of oil and gas. The Company’s current holdings include the mining rights to 350 acres in Conroe Texas, containing high-grade sand deposits. The site contains approximately 21 million tons, of high value frac-sand. The Company’s holdings include a state-of-the-art 40 million gallon industrial Biofuels manufacturing plant located near the Houston ship channel. The Company plans to utilize the plant’s excess resources and capacity to support a frac-sand resin coating operation which will boost the value of its frac-sand holdings. Additionally, Hunt has recently acquired Carbon Green NA, which is the only patented tire recycling process that recycles 100% of the components of scrap tires with a zero carbon footprint. Hunt has license agreements to distribute the technology in Europe, China and South America. Hunt plans to build up to 10 plants in North America. For more information please visit: www.huntglobalresources.com

Hunt Global Resources, Inc. Engages Lazard Frères & Co. LLC As Investment Banker & Financial Advisor

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Press Release Source: Hunt Global Resources Inc. On Tuesday March 11, 2011, 04:22 PM EST

HOUSTON--(BUSINESS WIRE)--Hunt Global Resources Inc. (OTCBB: HGCO.ob) announced that it has engaged Lazard to advise it regarding its North American operations.

“The addition of Lazard’s financial and strategic advisory professionals will be beneficial as Hunt Global expands its presence in the frac-sand market and builds out our patented tire recycling technology.”

Lazard will advise Hunt Global on its plans to build up to ten Carbon Green tire recycling plants in North America and on the acquisition of additional frac-sand deposits. Lazard will also advise Hunt Global on the financing for these projects.

"We’re pleased to engage Lazard as our advisor,” said George T. Sharp CEO of Hunt Global. “The addition of Lazard’s financial and strategic advisory professionals will be beneficial as Hunt Global expands its presence in the frac-sand market and builds out our patented tire recycling technology.”

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource company focusing on specialty sands called “frac” sand, which is an essential component in the production of oil and gas. The Company’s currentholdings include the mining rights to 350 acres in Conroe, Texas, containing high-grade sand deposits. The site contains approximately 21 million tons, of high value frac-sand. Additionally, the Company’s holdings include a state-of-the-art 40 million gallon industrial Biofuels manufacturing plant located near the Houston ship channel. The Company plans to utilize the plant’s excess resources and capacity to support a frac-sand resin coating operation which will boost the value of its frac sand holdings. Additionally, Hunt has recently acquired Carbon Green NA, which is the only patented tire recycling process that recycles 100% of the components of scrap tires with a zero carbon footprint. Hunt has license agreements to distribute the technology in Europe, China and South America. Hunt plans to build up to 10 plants in North America. For more information please visit: www.huntglobalresources.com

Hunt Global Resources, Inc. Closes Merger with Carbon Green NA, Inc.

Enhanced Online News

Press Release Source: Hunt Global Resources Inc. On Tuesday March 8, 2011, 09:52 am EST

HOUSTON—(EON: Enhanced Online News)—Hunt Global Resources Inc. (OTCBB: "HGCO") announced today that it signed a Share Purchase Agreement & Plan of Merger with the shareholders of Carbon Green NA, Inc. which will become a wholly owned subsidiary of Hunt Global Resources, Inc. The assets acquired in the transaction include an operating tire recycling plant located in the country of Cyprus, which is currently the world’s largest commercially operating “pyrolysis” plant, plus license agreements and worldwide patents for the only proven method of recycling 100% of scrap tires with a near zero carbon footprint. Also, existing license agreements call for Hunt to receive $2 million dollars per year for 5-years beginning this year from licensees (who would otherwise forfeit licenses), and added royalties projected to be $60 million by year end 2011, if sales and construction goals are met by licensees.

“This acquisition enhances our position as a renewable energy company by supplying an additional and proprietary source of feedstock for our Biofuels division.”, said George T. Sharp, CEO of Hunt Global Resources Inc. “Carbon Green answers the growing environmental problems caused by hundreds-of-millions of waste tires that end up in landfills and are polluting our environment by being burned as industrial fuel, which pollutes the air and tires that are shredded for use in asphalt, which pollutes ground water. We plan on beginning construction of our first North American Carbon Green plant this year in Houston, Texas,” added Mr. Sharp.

“The Carbon Green system was created during a 5-year span of developing, testing, patenting and building a fully operational system that breaks-down, separates and recycles 100% of scrap tires into reusable materials. We plan to build 10 plants in the United States, during the next 5 years.” Mr. Sharp concluded.

“We are very pleased to become a part of the Hunt family, which will enable Carbon Green NA, Inc. to move to a very important next level, that being the planned roll out of plants throughout North America,” stated John Novak CEO of Carbon Green NA Inc. “I believe that this merger joins the strengths of Hunt Global Resources, Inc. and their cutting edge technology in biofuels coupled with Carbon Green NA, Inc.’s leading tire recycling technology and will allow us to construct and operate each $50 million plant successfully”.

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company’s current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company’s holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant’s excess resources and capacity to support a frac sand resin coating operation.

For more information please visit: www.huntglobalresources.com.

About Carbon Green NA, Inc.:

Carbon Green NA, Inc. is a world leading tire recycling company able to profitably recycle 100% of used tires back into valuable end products which can be reused in manufacturing new tires and creating an oil based feedstock that can be turned into a cleaner burning fuel oil. This revolutionary technology can change how governments and industry handle the disposal of the over ten billion tires stockpiled around the world. From its commercial-scale plant in the nation of Cyprus, Carbon Green NA, Inc. is converting the by‐products of tire pyrolysis into recovered steel, a #2 diesel equivalent oil which can also be employed to generate green electricity, a nano‐particle compound known as Carbon Green™ (which is a European Union accredited and tire industry‐tested and accepted competitive substitute for commercial carbon black) and a clean‐burning gas that can be used to provide power to the Company’s processing plant and/or sold for carbon credits, leaving no waste and a positive environmental contribution.

For more information please visit: www.carbongreennainc.com.

Hunt Global Resources, Inc. Announces Michael Horne as New CFO

Press Release Source: Hunt Global Resources Inc. On Wednesday February 10, 2011, 09:52 am EST

HOUSTON—Hunt Global Resources Inc. (OTCBB: "HGCO") announced today that it has appointed Michael Horne as CFO, effective March 1, 2011.

Mr. Horne has over 30 years experience in financial manufacturing controls and processes including CFO of Traxis Group (a billion dollar transportation entity) and as COO of Bluebird School Bus. Mr. Horne held a senior executive financial position overseeing a multi-billion dollar organization within Visteon Corporation and a senior financial position early in his career within Ford Motor Company. He brings extensive M&A experience from his years at Cerberus Capital. Prior to joining Hunt, Mr. Horne was an advisory consultant to Carbon Green Inc., where he provided oversight of the day-to-day operations, financial reporting and capital funding services. Mr. Horne holds a Bachelors & Master of Business Administration in Finance from the University of Notre Dame.

"We are pleased to take another step in strengthening Hunt Global Resources' executive management", said George Sharp, CEO of Hunt Global Resources Inc. "Today's announcement comes on the coattails of the announcement we made yesterday between Hunt Global & Carbon Green NA. Michael joins us directly from Carbon Green, Inc. and brings with him the critical knowledge & experience to help position Hunt as a worldwide leader in natural resources & recycled scrap tire technologies. I'm confident that the management team we're assembling possesses everything it will take to elevate Hunt Global to the next level."

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company's current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company's holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant's excess resources and capacity to support a frac sand resin coating operation.

For more information please visit: www.huntglobalresources.com.

About Carbon Green NA, Inc.:

Carbon Green NA, Inc. is a world leading tire recycling company able to profitably recycle 100% of used tires back into valuable end products which can be reused in manufacturing new tires and creating an oil based feedstock that can be turned into a cleaner burning fuel oil. This revolutionary technology can change how governments and industry handle the disposal of the over ten billion tires stockpiled around the world. From its commercial-scale plant in the nation of Cyprus, Carbon Green NA, Inc. is converting the by‐products of tire pyrolysis into recovered steel, a #2 diesel equivalent oil which can also be employed to generate green electricity, a nano‐particle compound known as Carbon Green™ (which is a European Union accredited and tire industry‐tested and accepted competitive substitute for commercial carbon black) and a clean‐burning gas that can be used to provide power to the Company's processing plant and/or sold for carbon credits, leaving no waste and a positive environmental contribution. For more information please visit our website at www.carbongreennainc.com.

Hunt Global Resources, Inc. Announces New Name & Trading Symbol

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Press Release Source: Hunt Global Resources Inc. On February 03, 2011 10:49 AM Eastern Time

HOUSTON—(BUSINESS WIRE)— Tombstone Technologies Inc. announced February 3, 2011 that it changed its name to Hunt Global Resources, Inc. and also changed their ticker symbol to (OTCBB: HGCO).

"Changing the company name and trading symbol clarifies our intentions to the marketplace of becoming a globally recognized provider of natural resources," said George Sharp, CEO of Hunt Global Resources. Inc. "Additional announcements will be made in the coming weeks to further position the company for success. We look forward to our continued progress toward providing products that will meet the growing market demand."

About Hunt Global Resources, Inc.:

Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company's current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company's holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant's excess resources and capacity to support a frac sand resin coating operation.

For more information please visit: www.huntglobalresources.com.

Hunt Global Resources, Inc. to Present at Sidoti Semiannual Micro-Cap Conference

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Press Release Source: Source: Hunt Global Resources Inc. On Tuesday December 28, 2010, 11:32 am EST

HOUSTON—(BUSINESS WIRE)— Hunt Global Resources, Inc., a subsidiary of Tombstone Technologies, Inc., (OTCBB:TMCI), announced today that Gregg Enders, CEO of Hunt BioSolutions will present at the Sidoti semiannual Micro-cap conference which is being held on January 10, 2011 at the Grand Hyatt New York Hotel in midtown Manhattan. The company presentation will be at 10:40 AM EST. Investors who are interested in additional information or who want to schedule a one-on-one meeting with Hunt Global Resources at this conference should contact Jim Blackman at 713-256-0369 or jim@prfmonline.com.

About Hunt Global Resources, Inc.:

Hunt is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company's current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company's holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant's excess resources and capacity to support a frac sand resin coating operation.

For more information please visit: www.huntglobalresources.com.

Industrial Biofuel Collaboration Heating Up

Hunt Global Resources and Carbon Green Enter into Research Project to Re-Formulate and Blend Carbon Green's "Recycled Tire" Oil with Hunt's Cellulosic LoNOX Industrial Biofuel

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Press Release Source: Hunt Global Resources Inc. On Thursday December 23, 2010, 9:00 am EST

HOUSTON—(BUSINESS WIRE)— Hunt Global Resources, Inc., a subsidiary of Tombstone Technologies, Inc., (OTCBB:TMCI), announced today that its BioSolutions Division has launched an exclusive research and product development project with Carbon Green Inc, a world leader in innovation in complete recycling of used tires by conversion to recovered steel, oil and a commercially accepted substitute for carbon black in tire manufacturing.

"Even with the recent US Government reinstatement of the $1.00 per gallon tax incentive for producing B100 Biodiesel, traditional Biodiesel manufacturers will continue to encounter challenges with fluctuating feedstock prices, availability and competition for food sources to profitably produce B-100. Hunt Global Resources and our BioSolutions Division have chosen to continue the strategy of focusing our technologies and resources on the non-food based LoNOX Industrial Biofuel business," said George T. Sharp, Hunt's CEO.

"In recent months we have tested our LoNOX Industrial Biofuel formulation with a number of organic, cellulosic and blended petroleum feed stocks (which includes Carbon Green tire derived oil) to achieve an ideal BTU and emissions result," said Gregg Enders CEO of Hunt BioSolutions Inc. "Hunt LoNox, is a cleaner burning, similar BTU renewable fuel than traditional fuel oils in use now," continued Mr. Enders. "Our goal has been to create a hot, clean burning bio/renewable industrial fuel that would provide a significant reduction in Nitrogen Oxide (NOx), Sulphur Oxide (SOx) and Carbon Dioxide (CO2) emissions at a price equal or lower than current non-compliant petroleum based products."

John Novak, CEO of Carbon Green added, "The benefit is that by utilizing the oil from the Carbon Green tire process this completes the total tire recycling while positively impacting Hunt's feedstock supply requirements and reducing costs to create the new Hunt/Carbon Green Biofuel." Without our proprietary solutions many industries will struggle to fulfill feed-stock requirements and meet government compliance mandates for the usage of cleaner environmentally improved fuels, specifically biofuels."

When the joint R&D is completed, this newly developed blended product will meet or exceed new US Environmental Protection Agency (EPA) mandates for industrial and marine diesel emissions. Marketing will target industrial consumers of boiler fuel, heating oil, marine fuel and other stationary diesel and off-road users.

About Hunt Global Resources, Inc.:

Hunt Global Resources is a wholly owned subsidiary of Tombstone Technologies, Inc. (OTCBB:TMCI.ob - News). Hunt is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company's current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company's holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant's excess resources and capacity to support a frac sand resin coating operation.

For more information please visit: www.huntglobalresources.com.

About Carbon Green, Inc.

Carbon Green Inc. is a world leading tire recycling company able to profitably recycle 100% of used tires back into valuable end products which are able to be employed in tire manufacturing and biofuels. This revolutionary technology will change how governments and industry handle the disposal of the over ten billion tires stockpiled around the world. From its commercial-scale plant in Cyprus, Carbon Green is converting the by‐products of tire pyrolysis into recovered steel, a #2 diesel equivalent oil which can also be employed to generate green electricity, a nano‐particle compound known as Carbon Green™ (which is a European Union accredited and tire industry‐tested and accepted competitive substitute for commercial carbon black) and a clean‐burning gas that can be used to provide power to the Company's processing plant and/or sold for carbon credits, leaving no waste and a positive environmental contribution. For more information please visit our website at http://www.carbongreeninc.com.

Hunt Global Introduces Hunt LoNox for Boiler, Heating, Marine Fuel Industries to Aid in EPA Compliance

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Press Release Source: Source: Hunt Global Resources Inc. On Wednesday December 8, 2010, 9:00 am EST

HOUSTON—(BUSINESS WIRE)—Hunt Global Resources Inc. a wholly owned subsidiary of Tombstone Technologies Inc. (OTCBB:TMCI.ob) announced today that its BioSolutions division has exclusively licensed a proprietary process to produce a sustainable domestic renewable fuel from organic non food based feed stocks to create a cleaner burning and price competitive alternative to petroleum based industrial diesel fuels. The fuel will be distributed under the trade name of "Hunt LoNox".

"With the traditional Biodiesel industry in a virtual shut down mode due to wildly fluctuating feedstock prices and the expiration of government subsidies, we decided to focus our technologies and resources on the Industrial Oil business", said George T. Sharp, Hunt's CEO. Our goal was to create a product that would provide a significant reduction in Nitrogen Oxide (NOx), Sulphur Oxide (SOx) and Carbon Dioxide (CO2) emissions that would also be marketed at a price lower than current petroleum based products, which have come under increased scrutiny and regulation by the US Environmental Protection Agency (EPA). This newly developed product would be marketed to industrial consumers of boiler fuel, heating oil, marine fuel and other stationary diesel and off-road users. Some of these industries may also have government compliance mandates for the usage of cleaner burning fuels, specifically biofuels."

"During the past year we have tested our formulation with a number of organic feed stocks to be marketed both as a stand-alone fuel and as a blend with petroleum based fuels to achieve the desired result", said Gregg Enders CEO of Hunt BioSolutions Inc., a division of Hunt Global Resources Inc. "Hunt LoNox, is a cleaner burning fuel than traditional fuel oils in use now, continued Mr. Enders. "We plan to make additional announcements in the very near future with regard to our plans to bring this product to the market".

About Hunt Global Resources, Inc.:

Hunt Global Resources is a wholly owned subsidiary of Tombstone Technologies, Inc. (OTCBB:TMCI.ob - News). Hunt is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company's current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company's holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant's excess resources and capacity to support a frac sand resin coating operation.

For more information please visit: www.huntglobalresources.com.

Hunt Global Resources Inc. to Present at 3rd Annual LD MICRO Conference

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Press Release Source: Source: Hunt Global Resources Inc. On Tuesday November 30, 2010, 9:00 am EST

HOUSTON—(BUSINESS WIRE)— Hunt Global Resources, Inc., a subsidiary of Tombstone Technologies, Inc., (OTCBB:TMCI), announced today that Lou Schwartz, Managing Director of Hunt Global Resources, Inc. will present at the 3rd Annual LD MICRO Growth Conference, which is being held on Thursday, December 9th, 2010, at the Luxe Sunset Bel Air in Los Angeles. Mr. Schwartz will give his presentation at 1:00PM PST.

Investors who are interested in additional information or who want to schedule a one-on-one meeting with Hunt Global Resources at this conference should contact Jim Blackman at 713-256-0369 or jim@prfmonline.com

About Hunt Global Resources, Inc.:

Hunt is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company's current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company's holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant's excess resources and capacity to support a frac sand resin coating operation.

For more information please visit: www.huntglobalresources.com.

About LD MICRO

LD MICRO is a by-invitation only newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks as well as comprehensive reports on select companies throughout the year. LD MICRO concentrates on finding, researching, and investing in companies that are overlooked by institutional investors.

For more information on the list of presenting companies or to register for the event, please visit http://www.ldmicro.com or call (408) 457-1042.

Tombstone Technologies Updates Its Shareholders

businesswire

Press Release Source: Hunt Global Resources, Inc. on Wednesday November 24, 2010, 12:15 pm EST

HOUSTON—(BUSINESS WIRE)— Tombstone Technologies (OTCBB:TMCI.ob) announced last week that it completed a business combination transaction with Hunt Global Resources Inc.

The company plans on changing its name in the future to Hunt Global Resources, Inc.

Tombstone Technologies/Hunt Global Resources offers sand and gravel for infrastructure and industrial uses, including frac sand for the oil & gas industry. The company additionally offers the production of biofuels and cleaner burning industrial fuel technology.

"Additional information about the company's management restructuring, new name and operations will be released in the coming weeks," said Jim Blackman, a spokesman for the company.

For more information, please contact Jim Blackman at 713-256-0369 or jim@prfmonline.com.

About Hunt Global Resources, Inc.:

Hunt is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The company's current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the company's holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The company plans to utilize the plant's excess resources and capacity to support a frac sand resin coating operation.

For more information please visit: www.huntglobalresources.com.

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