STG Stone Gold Inc

Sustainable Energy Technology Ltd. (TSX VENTURE:STG) ("Sustainable Energy" or
the "Company") announced today that it has issued $800,000 in 5-year
subordinated debentures ("Debentures") to a group of private investors,
including existing shareholders and members of its management team. In total
management acquired approximately 15% of the issue. 


The additional funding enables the Company to accelerate the introduction of its
3rd generation PARALEX(TM) platform and provides additional working capital to
increase flexibility in the management of its supply chain.


"In addition to cost reduction, Sustainable Energy will commercialize an
application agnostic electronics/firmware module which allows the Company to
execute on a longer term OEM strategy where the Company supplies the electronics
and firmware to multiple customers for integration into their own product
applications", commented Michael Carten, CEO of Sustainable Energy. "The capital
infusion enables us to move forward on our cost reduction plan to generate
higher margins, reduce our breakeven point and take the Company to profitability
sooner." 


The Debenture is being issued at an original issue discount of 12.5% to net the
Company $700,000 and bears interest at a rate of 3% per annum, plus an amount
equal to 8/10 of 1% of the consolidated revenues realized by the Company.
Interest is payable quarterly in arrears. The Debenture is callable by the
Company at par at any time after the second anniversary of issue. Purchasers of
the Debentures will also be issued a total of 2.8 million restricted common
shares of the Company which will be released on a Quarterly basis over the 2
year period following Closing. The shares will be subject to a 4 month hold
which expires on October 30, 2012.


About Sustainable Energy:

Sustainable Energy (www.SustainableEnergy.com) is a Canadian solar inverter
company which supplies Canada, the U.S. and Europe. The Company's patented
inverter technologies are a breakthrough in power inverter design and
capabilities for all forms of distributed generation and smart grid
applications. The PARALEX(TM) inverter is the industry's only grid-interactive
solar inverter which enables a "parallel" solar PV system architecture in higher
power ratings at a cost and serviceability factor that is comparable to
conventional inverters in the market. Sustainable Energy's technologies are the
subject of multiple patents issued by and pending with the Canadian and US
Patent Offices. 


Forward Looking Information

The reader is advised that some of the information herein may constitute
forward-looking statements within the meaning assigned by National Instruments
51-102 and other relevant securities legislation. In particular, we include:
statements concerning the impact of our technology on solar PV system
performance and design flexibility; statements concerning the cost effectiveness
of our product and statements concerning the Company's future profitability.
Forward-looking information is not a guarantee of future performance and
involves a number of risks and uncertainties.


Many factors could cause the Company's actual results, performance or
achievements, or future events or developments, to differ materially from those
expressed or implied by the forward-looking information. Readers are cautioned
not to place undue reliance on forward-looking information, which speaks only as
of the date hereof.

Readers are also directed to the Risk Factors section of the Company's current
Annual Information Form which may be found on its website or at www.sedar.com
The Company does not undertake any obligation to release publicly any revisions
to forward-looking information contained herein to reflect events or
circumstances that occur after the date hereof or to reflect the occurrence of
unanticipated events, except as may be required under applicable securities
laws.

Stone Gold (TSXV:STG)
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Stone Gold (TSXV:STG)
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