Nathaniel Energy Receives $1.8 Million for Expansion

August 21, 2002 [] Nathaniel Energy Corporation has received US$1.8 million in private financing for expansion purposes and a proposed acquisition approved by the Board of Directors. The company is an alternate energy-based technology company, whose Proprietary Patented Technology, the “Thermal Combustor,” has been applauded by various governmental agencies, municipalities, and corporations as an environmentally friendly process that cleanly combusts tires into tire-derived fuel (TDF). In addition, Nathaniel Energy’s technology allows for the implementation of innovative and profitable ways in handling the conversion of Biomass such as agricultural “energy crops” and waste, wood wastes, municipal waste and plastics, among other solid materials into low-cost Renewable Energy. (OTC Pink Sheets: NECX)
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