Arif N. Bhalwani, Managing Director of Third Eye Capital reiterated his firm’s support of the Company: “USA Synthetic Fuel Corporation has the critical assets and technical know-how necessary to develop low-cost clean energy products that can be commercially viable. Our innovative investment allows the Company the time and resources to raise adequate public and private finance for its current Lima Energy project, one of the most advanced projects of its kind.”About USA Synthetic Fuel Corporation USA Synthetic Fuel Corporation (OTCQB:USFC) is an environmental energy technology company focused on building ultra clean btu converters designed to enable America’s solid hydrocarbon resources to be transformed into low cost synthetic fuel products: transportation fuel (diesel, jet, gasoline), pipeline quality synthetic natural gas (SNG), hydrogen, and power. USA Synthetic Fuel’s goal is to deliver top environmental, economic, and social performance. The Company’s leading Btu Converters are in development and/or construction and are designed to produce 100,000 BOE (barrels of oil equivalent) per day of low cost synthetic fuel. The Company has established the long term business objective of manufacturing and delivering 2 million BOE/day of low cost synthetic fuel in the USA by 2030. The Company owns or controls 1.2 Billion BOE in solid hydrocarbon energy assets. About Third Eye Capital Third Eye Capital is a leading special situations investor that provides innovative financing to promising companies that are often misunderstood or in out-of-favor industries. Through extensive due diligence and rigorous analysis, the firm has a long track record of successfully identifying companies with compelling stories and valuable assets that other investors ignore or lack the expertise or willingness to analyze. Third Eye Capital has committed more than $500 Million to private financing transactions across a wide array of industries including energy, alternative energy, mining, technology, media, healthcare, construction services, and financials. The firm was founded in 2005 by renowned entrepreneurs and private investors Dr. David G. Alexander and Arif N. Bhalwani, who have led Third Eye Capital to consistent investment outperformance. For more information, contact Jonathan Norris, Vice President at 416-601-9940.
Forward-Looking StatementsStatements that are not descriptions of historical facts are forward-looking statements. Reference is made in particular to the descriptions of our plans and objectives and other forward-looking terminology such as “may”, “expects”, “believes”, “anticipates”, “intends”, or similar terms, or variations. Forward-looking statements are based on management’s current beliefs, opinions, and expectations. Actual results could differ materially from those currently anticipated due to a number of factors. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed in the company’s periodic reports.