Offsetters Restructures Acquisition Payment Terms

Offsetters Climate Solutions Inc. (TSX VENTURE:COO)(FRANKFURT:9EA) ("Offsetters"
or the "Company") is pleased to announce that it has restructured certain
payment terms related to the acquisition, announced December 14, 2012, whereby
Offsetters (formerly ERA Carbon Offsets Ltd.) acquired Offsetters Clean
Technology Inc. and Carbon Credit Corporation from a third party Seller (the
"Seller").


Under the terms of the Share Purchase Agreement dated November 7, 2012,
Offsetters was scheduled to remit a CDN $1.5 million cash payment to the Seller
by December 30, 2013. The Company and the Seller have agreed to amend this
payment schedule effective December 16, 2013. The amended payment schedule,
totalling CDN $1.5 million, will occur as follows:




1.  $250,000 on or before December 31, 2013 
2.  $250,000 on or before April 30, 2014 
3.  $250,000 on or before July 31, 2014 
4.  $250,000 on or before October 31, 2014 
5.  $500,000 on or before January 31, 2015 



The first payment due by December 31, 2013 has been completed. Commencing
January 2014, outstanding payment amounts under this amended schedule will carry
a 10% annual interest rate, payable monthly on the last day of each month.


The recent sale of the Company's joint venture interest in the Mai Ndombe REDD+
project in the Democratic Republic of Congo has augmented the Company's cash
position, providing additional working capital to facilitate this amended
payment schedule.


"We are pleased to have arranged a payment schedule with the Seller," said Dr.
James Tansey, CEO of Offsetters. "This new schedule allows our Company to remain
on a solid financial footing throughout 2014 while supporting our ongoing
expansion into new carbon markets and our continued growth in Advisory and
Technology Services."


Filings related to this agreement can be found 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. Based in Vancouver, Canada, Offsetters has worked with over 150 of the
world's most prestigious 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.


FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements as
well as historical information. Forward-looking statements include, but are not
limited to, the continued advancement of the company's general business
development, research development and the company's development of carbon
offsets. When used in this document, the words "anticipate", "believe",
"estimate", "expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although Offsetters Climate
Solutions Inc. believes that their expectations reflected in these forward
looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that could
cause actual results to differ from these forward-looking statements include
fluctuations in the marketplace for the sale of carbon credits, the inability to
implement corporate strategies, the ability to obtain financing and other risks
disclosed in our filings made with Canadian Securities Regulators.


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.ca
www.offsetters.ca

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