Rodeo Capital III Corp. (to Be Renamed Solegear Bioplastic Technologies Inc.) Announces Filing of Amended and Restated Filing Statement and Conditional Approval of the TSX Venture Exchange

CALGARY, ALBERTA--(Marketwired - March 3, 2015) -

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Rodeo Capital III Corp. (TSX VENTURE:ROP.P) ("Rodeo"), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the "TSX-V"), is pleased to provide the following update regarding its proposed qualifying transaction (the "Qualifying Transaction") involving Solegear Bioplastics Inc., a corporation existing under the laws of British Columbia ("Solegear"). Rodeo has previously filed press releases dated October 23, 2014, November 24, 2014, December 5, 2014, January 30, 2015, February 11, 2015 and February 24, 2015 regarding the Qualifying Transaction.

Amended and Restated Filing Statement

Rodeo has filed on SEDAR an amended and restated filing statement dated March 3, 2015 relating to the Qualifying Transaction (the "Filing Statement"). Investors are encouraged to review the Filing Statement on Rodeo's SEDAR profile at www.sedar.com, which provides detailed information about, among other things, the Qualifying Transaction, Solegear and the Resulting Issuer.

TSX-V Acceptance and Anticipated Closing Date

Rodeo and Solegear have received conditional acceptance for the Qualifying Transaction and the Financing from the TSX-V in accordance with the revised terms disclosed in the Filing Statement. Rodeo and Solegear will be issuing a subsequent news release announcing the closing date of the Qualifying Transaction and the Financing, which is expected to occur in mid-March 2014.

About Solegear

Solegear, based in Vancouver, British Columbia, is an innovator in the field of next-generation plastics. The Company is an advanced materials firm that engineers, produces and distributes high-performance bioplastics (bioplastics are a category of plastics that are bio-based, compostable, or both). Founded in 2006, Solegear has developed, and is commercializing, proprietary bioplastics technologies that utilize annually renewable plant-based ingredients formulated using Green Chemistry, to address the market opportunity in rigid packaging and engineered plastics applications.