European Investment Firm to Fund RENW

Tampa, Florida [] Renewable Energy Resources, Inc. (RENW) announced receiving the initial funds from a private investment agreement with Mercatus & Partners Limited of the UK. Mercatus agreed to purchase RENW restricted securities that will provide the company with approximately $500,000. The agreed holding period for the securities is 13 months from the time of funding. The funding for RENW is part of Mercatus’ continued investments in U.S. corporations. Several small and medium sized U.S. companies will receive funds from Mercatus’ funding efforts. The program is designed to benefit small U.S. companies by providing access to capital and strengthening relationships with European Joint Venture partners.
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