VANCOUVER, BC, Dec. 15,
2023 /CNW/ - Greenlane Renewables Inc.
("Greenlane") (TSX: GRN) (FSE: 52G) announces that two
members of the Board of Directors, Patricia
Fortier and David Blaiklock,
are retiring from the Board after years of dedicated service and
contribution to Greenlane. Patricia and David will continue to
support the Company as corporate advisors as needed moving
forward.
"On behalf of the entire organization, I would like to extend
our deepest appreciation to Patricia and David for their dedication
and commitment to Greenlane," said Wade
Nesmith, Chairman of Greenlane. "Patricia and David have
been with us since 2019 and 2018 respectively. During their tenure,
Greenlane has grown as an organization and we have celebrated many
accomplishments. We are grateful for the wisdom and expertise they
brought to the boardroom along with their strategic insights and
dedication and appreciate their continued support to Greenlane as
advisors."
The Company has no plans to fill the vacant board positions at
this time. The remaining directors will continue to fulfill the
Company's strong governance and independence standards.
About Greenlane Renewables
Greenlane is driving change: accelerating the energy transition
to a net-zero emissions economy. We are cleaning up two of the
largest and most difficult to decarbonize sectors of the global
energy system: the natural gas grid and commercial transportation.
As a pioneer and leading specialist in biogas upgrading, we have
been actively contributing to the decarbonization of our planet for
over 35 years. The systems we provide transform biogas generated
from organic waste into high-value grid-ready renewable natural gas
("RNG"). Our systems produce clean, low-carbon and carbon-negative
RNG from organic waste sources including agriculture (such as dairy
and hog manure), water resource recovery facilities, food waste,
landfills, and sugar mills. Greenlane is the only biogas upgrading
company offering and actively deploying the three main upgrading
technologies: waterwash, pressure swing adsorption, and membrane
separation, plus proprietary biogas desulfurization technology.
Greenlane has delivered over 140 biogas upgrading systems into 19
countries, including some of the largest RNG production facilities
in the world. For further information, please visit
www.greenlanerenewables.com.
FORWARD LOOKING INFORMATION – This news release contains
"forward-looking information" within the meaning of applicable
securities laws. All statements contained herein that are not
historical in nature contain forward-looking information.
Forward-looking information can be identified by words or phrases
such as "will", "may", "is expected", "plan", "believe" or the
negative of these terms, or other similar words, expressions and
grammatical variations thereof, or statements that certain events
or conditions "can", "may" or "will" happen or that current events
or conditions "will continue to" or be repeated. In particular,
this news release contains forward looking information relating to
the retiring directors will continue to support the Company as
corporate advisors as needed moving forward; that the Company has
no current plans to fill the vacant board positions at this time;
and that the remaining directors will continue to fulfill the
Company's strong governance and independence standards. The
forward-looking information contained herein is made as of the date
of this press release and is based on assumptions management
believed to be reasonable at the time such statements were made,
including that the retiring directors will continue to provide
advisory support and that plans with respect to the board of
directors will unfold as anticipated. While management considers
these assumptions to be reasonable based on information currently
available to management, there is no assurance that such
expectations will prove to be correct. By their nature,
forward-looking information is subject to inherent risks and
uncertainties that may be general or specific and which give rise
to the possibility that expectations, plans or conclusions will not
prove to be accurate. A variety of factors, including known and
unknown risks, many of which are beyond the Company's control,
could cause actual outcomes to differ materially from the
forward-looking information in this press release. Such factors
include, without limitation, changes in the plans of individuals or
governance and independence standards, and risks identified in the
Company's annual information form and in other documents filed with
Canadian securities regulatory authorities on the Company's SEDAR
profile at www.sedarplus.ca. Readers are cautioned not to put undue
reliance on forward-looking information. Actual results may
differ materially from those anticipated. The Company undertakes no
obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable law. Forward-looking statements
contained in this news release are expressly qualified by this
cautionary statement.
SOURCE Greenlane Renewables Inc.
