Doray joins Purthanol Resources to create BioMix

March 19, 2014, Ottawa, Ont. – Purthanol Resources has announced
that Simon Doray has teamed up with Biocardel (Purthanol's biodiesel
subsidiary) to create the company BioMix.

Doray has been in the biofuel industry for over 7 years. He
managed the first commercial biodiesel plant in Canada (which produces 52
million liters of biodiesel per year). Doray also serves as chairman of the
Quebec Council of Biodiesel board of directors.

BioMix is working to provide biofuel solutions for companies
that manage fleets of vehicles and heavy equipment. The partnership with
Biocardel guarantees BioMix supply of high quality biodiesel.

The proposed BioMix's solution is tailor-made for each
customer, depending on the use, storage capacity, the refueling system and the
fleet. It will cover distribution equipment, supply of biodiesel and technical
support for its use. By offering this integrated solution, BioMix aims to
maximize the amount of biodiesel used and provide the best possible value to its
customers while making them more environmentally friendly. The use of biodiesel
offers tax benefits for Quebec customers, which reduces their fueling costs.