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Blue Equity Announces Acquisition of a Controlling Interest in Cool Petroleum Jamaica (a Shell Licensee) From Cool Corp and Neal and Massy

Jan 10th, 2012

LOUISVILLE, KY and KINGSTON, JAMAICA--(Marketwire - Jan 10, 2012) - BWI -- Blue Equity, LLC and Cool Corp Limited announced today that Blue Equity has acquired a controlling interest in Cool Petroleum Holdings Limited ("Cool Petroleum"), the licensed user of Shell brands in the country of Jamaica. Blue Equity purchased controlling interest in Cool Petroleum pursuant to agreements through which Blue Equity acquired Neal and Massy Holdings, Ltd's (TTSE-NML) stake in Cool Petroleum and an undeclared number of Cool Petroleum shares from Cool Corp Limited.