PLKT Solar Gold Ltd (CE)

Planktos Corp. (OTCBB:PLKT) of San Francisco and Vancouver engages in developing and delivering ecorestoration solutions to slow the catastrophic decline of ocean and terrestrial ecosystems driven by the escalating surplus of CO2 emissions from fossil fuels. The Planktos �greener solutions� projects include the creation of tens of thousands of hectares of new climate forests within the national park systems of the European Union and the pioneering of ocean restoration technologies to rehabilitate decimated marine ecosystems. The work of Planktos is best described as the restoration and nurturing of the native green plants both in terrestrial forests and amongst the phytoplankton plant communities that sustain all higher life forms in the seas. While most people know that our great forest ecosystems are seriously endangered, few understand that tiny ocean plants are even more vital to planetary health and they are an in even more dramatic decline. The world�s rainforests are being steadily felled at the rate of 1% per year, which is a great eco-tragedy for the 2% of the planet they cover. But ocean plants are disappearing at the same 1% per year rate and this is occurring all across the 72% of the planet that is covered by the seas. In the past 3 years alone we have lost an amount of ocean plant life equivalent to all the rainforest vegetation on earth. Recent reports from NASA, NOAA and peer reviewed journals have documented that in the last three decades we have lost 17% of plankton plant life in the North Atlantic, 26% in the North Pacific, and as much as 50% in sub-tropical ocean regions. �These reports clearly signal the beginning of an unprecedented mass extinction of planetary life,� says Planktos President Russ George. The 2005 report of the British Royal Society sounded the alarm on ocean acidification due to rising levels of atmospheric CO2. Most CO2 in the air dissolves into the surface ocean and the Royal Society predicted that rising CO2 levels will result in such high levels of ocean water acidity that it could extinguish all ocean plant life between 2050 and 2100. In the November 3, 2006 issue of SCIENCE, an international ocean science team projected a global collapse of every single commercial fishery by 2048. As if these crises were not imminent enough, a May 2007 SCIENCE report declared that the Southern Ocean CO2 sink had reached saturation decades ahead of the Royal Society�s grim predictions. The accumulating research now makes it irrefutably clear that sea life is facing an accelerating catastrophe on many fronts and immediately requires the ocean-saving plankton restoration technologies that Planktos is developing. Planktos� 2007-2008 pilot project series closely follows the recommendations of leading international ocean research teams who have been engaged in developing this ocean restoration technology for the past 20 years at a total cost of nearly $100 million dollars. Hundreds of scientists from scores of ocean institutes have participated in this work both in laboratories and on major ocean trials. These two decades of research have clearly demonstrated the restorative power and minimal side effects of ocean iron replenishment, which is popularly referred to as iron fertilization. At least 10 small-scale iron fertilization projects have been completed and proved that careful iron replenishment can provide the same plankton restoration effects as the natural but declining delivery of micronutrient iron from wind-borne dust. This promising series of small, budget-limited experiments has inevitably led to scientific demands for larger and longer trials in which researchers would monitor their iron-stimulated blooms for their full 4-6 month life cycles and not just the first few weeks as most earlier work has done. In response to this call, Planktos is now beginning a series of six pilot project blooms of the requested size, an order of magnitude larger than previous work, and is dedicating its research vessel Weatherbird to study each bloom from its beginning to its natural end. To create monetary value and sustain this work with carbon credits, Planktos must and will comply with the extensive and intensive Kyoto Protocol and EU mandated regulatory and third-party scientific oversight processes to obtain certified status for its sequestered CO2. Over the course of the next several years Planktos will collaborate with scores of scientists and engineers from international ocean science institutions both aboard ship and ashore to develop this form of ocean stewardship in a scientifically, environmentally, and economically viable form. �This is work that must be done if we are to reverse the apocalyptic collapse of the ocean ecosystem as well as the climate crisis it is helping to accelerate,� says Russ George. �We are the first responders to a planetary medical emergency.� Planktos European forest restoration work through its EU subsidiary KlimaFa (Hungarian for �climate tree�) is familiar and generally well understood, but its pioneering ocean work is now the target of a misguided campaign fomented by opponents to climate change solutions that involve carbon offsets or carbon credits. Mr. George observes, �Some groups are intent on perpetuating the notion that offsetting emissions somehow gives people permission to pollute and this unfairly lessens the massive sacrifice they demand by insisting on immediate cold turkey withdrawal from fossil fuels. They are industriously misleading news reporters to ignore all the dire ocean reports that motivate this work, and to believe that Planktos� ocean restoration pilot projects will endanger rather than revive and rescue ocean ecosystems. Their characterizations of iron restoration as �pollution� are as ludicrous as calling manure pollution on organic farms. In fact we are only restoring natural iron in parts per trillion concentrations, which no agency in the world even bothers to measure let alone regulate. We obviously must also radically cut our emissions, too, but no matter how much and how fast we can reduce our use of fossil fuels, we still need to address the immense existing surplus and only ecorestoration sinks can safely and affordably manage that.� On June 19th UK�s Independent reported that six scientists from leading US scientific institutions have issued what amounts to an unambiguous warning to the world: civilization itself is threatened by climate change. Led by James Hansen, NASA�s Goddard Institute for Space Studies director, who first warned the US Congress about global warming, their 29-page Royal Society report ends, �We conclude that a feasible strategy for planetary rescue almost surely requires a means of extracting [greenhouse gases] from the air.� All Planktos� endeavors have been shaped by a similar conclusion and the company sincerely hopes that ecorestoration critics begin to take science and our common future as seriously as their own interests and ideology. Planktos� work is financed by early-stage institutional investors in the EU and Canada and via its public company status (symbol: PLKT). Planktos� pioneering efforts are expected to make the company a leading provider of the most immediate, effective, and inexpensive solutions to global warming, climate change, and ocean collapse. Planktos earns revenue via the climate change carbon offset markets of the EU and other Kyoto Protocol nations. It is also working to assist development of similar markets in the US climate change arena in concert with other organizations that understand the critical importance of ecorestoration activities. The firm expects to offer participants, supporters and investors extremely rewarding new opportunities in the 2007-2008 time frame. Forward-Looking Statements: A number of statements contained in this press release may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A (b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, uncertainties related to the development of Planktos� business plan, and the ability to secure additional sources of financing. The actual results that Planktos may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Planktos encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. Planktos public filings may be viewed at www.sec.gov.