High level presentation on waste to liquid fuels project planned for Lambton County, Ontario, Canada

1. “When Waste is No Longer
Waste!”
Blue Water Sustainability
Presentation
November 2009

2. Alternative Fuels Corporation
Process
“Nature’s multi-million year
crude oil production cycle
reduced to hours…and a
better end product!”

3. Each year North Americans landfill more than
1,300,000,000 tons of municipal waste…
Each ton of waste can be converted into 75 gallons
of the world’s greenest fuels and petrochemicals

4. The truth about landfills
• 56% of what we throw out still ends up in
landfill
• Landfills are our largest source of
methane, accounting for 37% of our
annual emissions
• Solid waste contains on a tonne for tonne
basis 50% of the energy of coal
• Only 2% of the energy potential in waste is
used

5. Waste is a distributed energy
resource…
AFC is transforming the way
we view and use waste. Instead
Transformation of a liability to be disposed of,
waste should be seen as a
Energy Recovery domestic, distributed energy
source.
Reuse/Recycle
Incineration/Fuel
Disposal
Prevention/Minimization

6. Waste-to-Liquid fuels
CO2
Process
Feed -
Product
Carbon rich
waste

7. Feedstocks – Engineered Pellets
• Municipal waste
• Scrap tires
• Auto shredder residue
• Refinery sludge

8. Remote Waste Transformation
Engineered Fuel Pellets
No need for pre-sorting
of waste
Sterile
Inert
Odorless
80% volume Reduction
Consistent energy value
Resistant to water
No methane from landfill
No leachate from landfill

9. Fuels Manufacturing
Temp > 10,0000C breaks
chemical bonds
No emissions
No incineration
90% efficiency
Syngas (H2 and CO)
Excess heat
Technology license for the
Americas

10. Green Products…
• Fuels –
Gasoline and
Diesel
• Oils
• Waxes
• Electricity
•Sustainable
•Clean, no Sox, Nox, particulates
•Affordable
•Complements existing refining and
distribution infrastructure
•Aligned with social policy
© 2009 Alternative Fuels Corporation | Restricted and Confidential 10

11. Product Mix (COMPS High or Low Temperature Process)
Property High Temp Low Temp Crude Oil
Fischer Tropsch Fischer Tropsch
Paraffins >10% major product major product
Naphthenes <1% <1% major product
Olefins major product >10% none
Aromatics 5–10% <1% major product
Oxygenates 5–15% 5–15% <1% O (heavy)
Sulfur species none none 0.1–5% S
Nitrogen species none none <1% N
Water major by-product major by-product 0–2%
Confidential

12. Product Distribution

13. Customer traction
• Worldwide market for sustainable chemicals growing at
CAGR 38%
• Value chain
© 2009 Alternative Fuels Corporation | Restricted and Confidential 13

14. The Business Plan…
Stage 1 Stage 2 Stage 3
170 BBL/Day 1700 BBL/Day
Demonstration Worldwide
Commercial
Plant Expansion
Plant
Goal: Become a worldwide leader in the
production of sustainable
fuels and chemical feedstocks

15. Environmental Footprint
No emissions
No effluent
Carbon advantage
• 16 million tonnes
CO2 over 25 years
Ultra-clean fuels
Fewer trucks on the
road transporting waste
Zero landfill
© 2009 Alternative Fuels Corporation | Restricted and Confidential 15

16. Lifecycle Greenhouse Gas Research

17. Proprietary 2nd Generation Fischer
Tropsch Technology
Agreement with Centre of Materials and Process
Synthesis (COMPS) situated at The University of
Witwatersrand.
Exclusive rights to the process for the Americas
Non-exclusive rights for rest of world
New IP to be developed for each plant will be owned
by AFC
Technology licensing fee to be paid based on plant
capex
Running royalty to be paid on expected plant
performance

18. COMPS Concept
• Modular concept
• Once through process
• No air separation
• No air reforming
• Produces both syncrude
Electricity
and electricity Generation
CO2 and S Gas Products,
unconverted CO
and H2
Gas
Gasification FT Synthesis
Clean Up
Liquid Products

19. Pilot Plants - Successfully Producing
Liquids…
1.) Linc Energy Australia 2.) Golden Nest, China
© 2008 Alternative Fuels Corporation | Restricted and Confidential 19

20. Multiple revenue streams on $44
million investment for Phase 1
Total Potential Revenue =
$37,565,826 CAD

21. Feedstock and Output Market is
Global
• 336 cities worldwide with more than 1,000,000
people (1 to 1 relationship between tires and people)
• Mandates for percentage
of fuel from renewables
Ontario
Minnesota
Oregon
Washington
Pennsylvania
New Mexico
Louisiana
• Market for bio-renewable
chemicals forecast CAGR 17.0%

22. Competition - Fuels
Waste to Alternative
Electricity Fuels Corp
Bio-diesel
Cellulosic
Ethanol
Ethanol from
Syntroleum
Crops Rentech Clean
Technology
Conventional
Fossil Fuels
1st Gen
Fischer Tropsch
Capital intensity

23. Alternative Fuels Corporation
Competitive Overview – Waste Processing
AFC InEnTec Enerkem Coskata Plasco Ze-gen
Proven
technology
Up-front waste
processing
No landfill or
effluent
Does not require
subsidy
Uses existing
fuels refining
infrastructure
Profitable at $70
oil
Multiple revenue
streams
Scalable/
modular
BOOM business
model
Feedstock
independent

24. Benefits to Region
• 200-400 quality green jobs
• Inject > $100,000,000 per year into local
economy
• World first for molecular level recycling
• Every thing we make can be sold in Sarnia
• Everything we need can be found in Sarnia
• No local waste to landfill
• Reduced cost of recycling and waste handling

25. Timeline
• Incorporation 2008 August
• Off-take agreement 2010 February
• Site selection 2010 February
• Private Placement 2010 April
• Detailed Engineering 2010 September
• Spin-off/IPO 2010 November

26. AFC Milestones
Alternative Fuels Corp’s proprietary waste transformation process
reduces the multimillion year crude production cycle to a few hours and
produces a better end product.
Milestones achieved
Exclusive technology license
1st site selected
Industry support
Political support
Feedstock secured
Demand > Capacity
Canadian Government funding
proposal ready Advocacy project

27. About Alternative Fuels Corporation
• Subsidiary of G4G Resources Ltd. (TSX-V: GXG)
• Production of ultraclean/green fuels and sustainable
chemicals from:
Waste and biomass.
• Exclusive supplier for COMPS 2nd generation Fischer
Tropsch technology for the Americas
2 operating pilot plants (China, Australia).
Commercial scale technology
15 years + comprehensive technology development.
Numerous patents within FT process
Trainers of Sasol engineers
• Cost competitive process:
Not dependant on subsidies or peak commodity cycles
Capital costs 20-30% per barrel below traditional Fischer Tropsch
• Scalable & modular process
• Ability to be in production within 3 years
© 2009 Alternative Fuels Corporation | Restricted and Confidential 27

28. Contact Information
Michael Hepworth, VP Business Development
mhepworth@alternativefuelscorp.com
+1.416.204.0352
© 2009 Alternative Fuels Corporation | Restricted and Confidential 28