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Microcap & Penny Stocks : Arete Industries, Inc. (ARET)
ARET 0.00010000.0%Nov 5 1:03 PM EST

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To: dkgross who wrote (12)4/2/2004 10:55:44 AM
From: jmhollen   of 16
 
Arete Industries, Inc. to Develop New Trading Platform for Traditional Oil and Gas and Alternative Energy Industries

NIWOT, Colo., Apr 2, 2004 (BUSINESS WIRE) -- Arete Industries, Inc.
(OTCBB: ARET) announced that it has formed a strategic alliance with a major
international trading company to develop and operate a platform for trading
energy for the traditional and alternative energy sector.


An informal agreement was announced today that will be brought forward to a
formal joint venture in the second quarter of 2004 that will be focused on
providing power producers, purchasers, facility owners and end users the ability
to trade domestically and internationally in traditional and alternative energy.

Thomas Raabe, CEO of Arete Industries, Inc. stated that expectations run high
for the management of this platform to enable Arete to create substantial
corporate revenues, while further entrenching itself in the establishments of
both the traditional and "New" Energy sectors.

SOURCE: Arete Industries, Inc.
CONTACT:
Arete Industries, Inc.
Thomas P. Raabe, 303-652-3113
Fax: 303-652-1488
ir@areteindustries.com
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