COO Ostrom Climate Solutions Inc

Offsetters Climate Solutions Inc. ("OCS" or the "Company", formerly ERA Carbon
Offsets Ltd.) (TSX VENTURE:COO)(FRANKFURT:9EA) is pleased to announce its
financial results for the quarter ended June 30, 2013. 


First half, 2013 Financial Highlights



--  Sales Revenue for the six months ended June 30, 2013 was $3,493,783. 
--  Income from last four quarters totaled $830,205. 
--  Cash and equivalents at June 30, 2013 was $1,668,541. 



The last four quarters saw income realised through the Company's ongoing
business with leading clients including Aimia, Harbour Air, and Forest Carbon
Group AG, including the first sales of validated and verified carbon offsets
from the Company's Mai Ndombe REDD project in the Democratic Republic of Congo.
Additional revenue and stable cash flows are being derived from a strong
advisory services business in life cycle analysis and greenhouse gas mitigation
strategies for companies seeking to manage their environmental impacts. The
Company has also begun to provide technical and project development services for
compliance-eligible forest carbon projects in the United States, supplementing
cash flows and allowing the company to provide existing, deep technical capacity
to build new markets outside of Canada.


Dr. James Tansey, CEO of Offsetters, commented, "We are pleased with our results
to date, and especially with our seamless merger following ERA Carbon Offsets'
acquisition of Offsetters and Carbon Credit Corporation. We have also seen
steady growth in our main business lines in North America and internationally,
which we expect to carry through the second half of the year. We do expect
revenues to remain variable from quarter to quarter due to our clients' annual
business cycles."


All financial information is prepared in accordance with International Financial
Reporting Standards ("IFRS") and reported in Canadian dollars unless otherwise
noted. The unaudited consolidated interim financial statements and associated
notes for the three and six months ended June 30, 2013, along with the related
management's discussion and analysis ("MD&A") are available on SEDAR at
www.sedar.com.


James Tansey, Ph.D., President and CEO

Offsetters Climate Solutions Inc.

About Offsetters Climate Solutions Inc.

Offsetters is Canada's largest and most diversified carbon management solutions
company. Its team of industry leaders specializes in the origination,
development and commercialization of high-quality carbon offset projects, and
through a comprehensive offering of sustainability consultancy services
Offsetters helps organizations understand, reduce and offset their climate
impact. A combination of ERA Carbon Offsets, Offsetters and CCC, Offsetters is
based in Vancouver, Canada and has worked with over 150 leading business
organizations including Aimia, Vancity, lululemon athletica, Catalyst Paper,
Harbour Air, HSE - Entega, and Shell Canada Limited. Offsetters is publicly
listed company on the Toronto Venture Exchange (TSX VENTURE:COO) and in
Frankfurt (FRANKFURT:9EA). For more information, please visit us at
www.offsetters.ca. 


CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND RISKS:

Certain of the statements and information in this news release may constitute
"forward-looking information" within the meaning of applicable Canadian
provincial securities laws. All statements, other than statements of historical
fact, are forward-looking statements. When used in this news release the words
"anticipate", "believes", "estimates", "expects", "intends", "may", "project",
"plan", "should", "forecast", "outlook", "budget", "anticipated", "future",
"potential" and similar words and expressions may identify forward-looking
statements or information. 


The statements in this news release reflect the Company's current views with
respect to future events and are necessarily based upon a number of assumptions
and estimates that, while considered reasonable by the Company, are inherently
subject to significant business, economic, competitive, political and social
uncertainties and contingencies. Many factors, known and unknown, could cause
actual results, performance or achievements to be materially different from
results, performance or achievements anticipated by management. In particular,
and given that the Company at present has a working capital deficiency, there
can be no certainty that the Company will be able to meet its ongoing financial
or working capital obligations, including its obligations under the agreement to
purchase Carbon Credit Corp, and Offsetters Clean Technology Inc. or any
obligations it may have to fund current or future carbon offset projects. The
Company could be adversely affected by risks and uncertainties as disclosed in
the Company's most recent MD&A filing and financial statements as filed at
www.sedar.ca. 


The Company does not intend, and does not assume any obligation to update any
forward-looking statements or information to reflect changes in assumptions or
changes in circumstances or any other events affecting such statements or
information other than as required by applicable securities or other laws. 


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Offsetters Climate Solutions Inc.
David Rokoss
778-945-0951
david.rokoss@offsetters.com
www.offsetters.ca

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