CHAR Technologies Ltd. Appoints Anton Szpitalak to the Board of Directors
June 02 2023 - 7:05AM
CHAR Technologies Ltd. (“
CHAR” or the “Company”)
(TSXV:YES) is pleased to announce the appointment of Mr. Anton
Szpitalak, to the Board of Directors.
Anton is co-founder and president at Pan Asia
Solar, a cleantech investment platform focused on disruptive
decarbonisation technologies. Pan Asia and its investors have
invested more than $100M in VC-stage companies globally. Sectors
include photovoltaic manufacturing, energy generation, software
development and sustainability construction.
Mr. Szpitalak is a member of the Board of
Directors of Silfab Solar Inc. (www.silfabsolar.com), a North
American leader in photo-voltaic (PV) module manufacturing and
Gridco Srl, an Italian solar project developer and energy
generator. He has a wealth of experience fostering the growth of
early stage cleantech businesses globally and was an early board
director in renewable natural gas project developer Amp America’s,
ESG employee engagement software provider Wespire and residential
rooftop solar financier BrightGrid Solar Inc, among others. Mr.
Szpitalak has a Bachelor of Science (2005), with a focus on
Information Systems from the University of New South Wales,
Australia.
“We are extremely pleased to welcome Anton to
the Board. His experience working with clean technology companies,
as they mature into market leaders, is a great addition to the CHAR
team,” says CHAR CEO, Andrew White. “We look forward to his
contribution as CHAR broadens our projects in development to
enhance our position as a leader in wood waste to renewable energy
production.”
“This is a great time to join the CHAR journey
as the company evolves into a significant producer of renewable
natural gas and biocoal,” says Anton Szpitalak. “The market
opportunity for renewable natural gas, and metallurgical coal
replacements, are enormous and growing with the global push for
decarbonisation. It is rare to find an opportunity to work with a
mission-driven team, in a field that has the potential to create so
much positive environmental impact, with a commercial opportunity
as large as what CHAR is chasing. I look forward to working closely
with the management team and Board to deliver the full market
potential of this unique wood waste to renewable energy solution
with the potential for global application.”
About CHAR Technologies Ltd.
CHAR Technologies Ltd. (TSXV:YES) first-in-kind
high temperature pyrolysis (HTP) technology processes
unmerchantable wood and organic wastes to simultaneously generate
two renewable energy revenue streams, renewable natural gas (RNG)
or green hydrogen and a solid biocoal that is a carbon neutral
drop-in replacement for metallurgical steel making coal.
CHAR’s HTP is an ideal waste to energy solution
that aligns with the global green energy transition by diverting
waste from landfills and generating sustainable clean energy to
decarbonize heavy industry.
For further information, please
contact:
Andrew WhiteChief Executive
OfficerCHAR Technologies
Ltd.E: andrew.white@chartechnologies.comT: 866 521-3654 |
|
Mark KorolChief Financial
OfficerCHAR Technologies
Ltd.E: m.korol@chartechnologies.com |
Website: www.chartechnologies.com
Neither the TSX Venture Exchange nor its
Regulation Service Provider (as the term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the
accuracy of this news release.
Forward-Looking Statements
Statements contained in this press release
contain “forward-looking information” within the meaning of
Canadian securities laws (“forward-looking statements”) about CHAR
and its business and operations. The words "may", "would", "will",
"intend", "anticipate", "expect" and similar expressions as they
relate to CHAR, are intended to identify forward-looking
information. Such statements reflect CHAR’s current views and
intentions with respect to future events, and current information
available to CHAR, and are subject to certain risks, uncertainties
and assumptions, including those risk factors discussed or referred
to in CHAR’s disclosure documents filed with the securities
regulatory authorities in certain provinces of Canada, including
the Management Discussion & Analysis dated January 31, 2022 and
available under CHAR’s profile on www.sedar.com. Any such
forward-looking information is expressly qualified in its entirety
by this cautionary statement. Moreover, CHAR does not assume
responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this
press release and CHAR undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
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