
RECENT PRESS RELEASES
ORION ETHANOL ACQUIRES WET MILLING FACILITY AND OTHER ASSETS OF DIMMITT ETHANOL
PRATT, KANSAS, March 26, 2008 - Orion Ethanol (OTCBB: OEHL) announces that it has acquired a corn fructose wet milling facility located in Dimmitt, Texas from Dimmitt Ethanol, L.P. ("Dimmitt") for $2.5 million in cash due at closing, a subordinated promissory note of $2.5 million bearing 3.5% annual interest, and 8 million common shares.
ORION ETHANOL AND GREENHUNTERENERGY, INC. AGREE TO MERGER
PRATT, KANSAS, May 31, 2007 - Orion Ethanol, Inc., (OTC.BB: OEHL) announced today that it has executed a definitive agreement to merge GreenHunter Energy, Inc., a Grapevine, Texas based alternative energy company, in a stock-for-stock transaction valued at approximately $150 million.
ORION ETHANOL NAMES DOUGLAS E. DONAGHUE CHIEF ACCOUNTING OFFICE
PRATT, KANSAS, February 26, 2007 -Orion Ethanol, Inc., (OTCBB: OEHL), said today that Douglas Donaghue has been appointed Chief Accounting Officer, effective February 5, 2007.
ORION ETHANOL RAISES $12.43 MILLION IN PRIVATE PLACEMENT
PRATT, KANSAS, November 7, 2006 - Orion Ethanol, Inc., (OTCBB: OEHL)
formerly known as, RTO Holdings, Inc. (OTCBB: RTOH), announced today the completion
of a private placement of convertible notes in the aggregate principal amount of
$12.43 million.
ORION ETHANOL COMPLETES PERMITTING FOR PLANNED ETHANOL PLANT
PRATT, KANSAS, October 24, 2006 - Orion Ethanol, LLC, a wholly-owned subsidiary of RTO Holdings, Inc. (OTCBB: RTOH), today announced that it has received approval of the necessary air quality permits for two new planned ethanol plants to be constructed in Shattuck, Oklahoma and Enid, Oklahoma.
ORION ETHANOL APPOINTS NEW BOARD MEMBERS
PRATT, KANSAS, October 24, 2006 - Orion Ethanol, LLC, a wholly-owned subsidiary of RTO Holdings, Inc. (OTCBB: RTOH), today announced that the Board of Directors has elected four new board members as of October 23, 2006.
ORION ETHANOL, L.L.C. COMPLETES GOING PUBLIC TRANSACTION
PRATT, KANSAS, August 28, 2006 - RTO Holdings, Inc. (RTOH.OB) announced today the closing of a going public transaction with Orion Ethanol, L.L.C., a Kansas limited liability company (“Orion”).
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