Earth Alive Clean Technologies Inc.: Control Block Transaction

MONTREAL, QB / ACCESSWIRE / February 24, 2016 / Earth Alive Clean Technologies Inc. EAC ("Earth Alive") announces that Mr. David Gilmour, it's CEO and Director, has filed a Notice of Intent to Distribute Securities (Form 45-102F1) on SEDAR in relation to a private share purchase agreement pursuant to which he intends to sell 4,800,000 common shares he holds in Earth Alive, at the price of 0.35$ each, to Investissement Influx Anse Inc., a Corporation (previously known as Investissement One Drop Inc.) that currently holds 15.41% (17.68% on a diluted basis) of Earth Alive's outstanding securities. Mr. Gilmour currently holds 29,969,071 shares, 32.04% (32.43% diluted basis).

An Early Warning Report in respect to this transaction and all required disclosure shall be made in accordance with Multilateral Instrument 62-104. The transaction will be subject to compliance with CSE requirements and securities legislation.

For additional company information, please visit: www.earthalivect.com

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Earth Alive Clean Technologies Inc.
1001, Lenoir Street, Suite B-338,
Montreal (Qc) Canada
H4C 2Z6
T.(438) 333-1680

For more investor related information, please contact:

For media information and interview requests, please contact:

Mr. David Gilmour
(e) dgilmour@earthalivect.com
(p) 514-814-2899

For investor relations, please contact:

Mr. Frédérick Chabot
(e) frederick@contactfinanciel.com
(p) 438-863-7071

SOURCE: Earth Alive Clean Technologies Inc.