FTE Forterra Environmental Corp.

Forterra Environmental Corp. (Forterra) (TSX VENTURE:FTE) announced that it has
raised $260,000 through the issuance of secured debentures, together with
1,040,000 of bonus common shares, by way of a non-brokered private placement.
The proceeds will be used for working capital purposes.


The debentures will become due and payable on September 30, 2008, with interest
calculated monthly at 16% per annum and payable on the debenture due date. Four
bonus shares were issued to the debenture holders for every $1.00 of debenture
principal. The bonus shares have a deemed price of $0.05 per share.


Subscribers for all but $10,000 of the debentures are members of Forterra's
board of directors.


Forterra also announce that it will seek shareholder approval of a consolidation
of its approximately 61.5 million outstanding common shares. The proposed
consolidation ratio, expected to be one new share for five old shares, will be
set in advance of mailing the management proxy circular for the shareholder
meeting. The shareholder meeting is scheduled for June 4, 2008.


Forterra intends to seek up to $1,000,000 of additional capital in order to
repay the debentures on maturity and to provide working capital necessary to
continue operations until the spring of 2009. Forterra intends to raise these
funds through a combination of a private placement and a rights offering,
following completion of the share consolidation.


Mr. Green also announced that John Gamble has accepted an offer to join the
Forterra board of directors. Mr. Gamble is the President of York Simcoe
Investments Inc., a Toronto based investment & consulting company.


About Forterra Environmental Corp.

Forterra Environmental Corp. is an emerging leader in the production and
marketing of premium organic soil enrichment products. These environmentally
friendly products boost fertility while replenishing the soil with organic
matter, using worm castings, for sustainable, long-term benefits, including
stronger root growth and drought and pest resistance. Forterra is the first
company to commercialize the indoor, large-scale production of totally organic
soil-enrichment products. Forterra uses red wriggler worms to convert organic
waste into vermicompost or worm castings. Worm castings contain micronutrients,
which are required for healthy plant development. Worm castings also contain
microbes, which increase the rate at which plants take up available
macronutrients and micronutrients.

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