NEW YORK, SYDNEY, LONDONWednesday 31 August 2016 – As part of a management buyout, Carbon Trade eXchange (CTX) Founder Wayne Sharpe has resigned as Director and Chairman of CTX Holdings Pty Ltd (CTXH) and will focus on his role as Chairman and CEO of the previous parent company Global Environmental Markets Limited (GEM) (www.gemglobal.com).

Associated with the management buyout, CTXH has rebranded to Colonial Bourses (www.cblmarkets.com) and will operate its markets with sales operations in Sydney and New York.

GEM will now use the Carbon Trade eXchange and CTX brands with sales operations in London and Sydney (www.ctxglobal.com).

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CBL Markets (Colonial Bourses), provides market participants with access to the world’s environmental commodity markets. With a vision of bringing efficiency, transparency and liquidity to environmental markets, our new multi-product exchange connects buyers and sellers around the world to facilitate the secure and seamless trading of environmental commodities, including Compliance Carbon, Voluntary Carbon, Renewable Energy and Water. For more information visit www.cblmarkets.com or follow us on Twitter (@cblmarkets).

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