Anaergia Update on Potential Projects

BURLINGTON, Ontario, October 5, 2021 (BUSINESS WIRE) — Anaergia Inc. (“Anaergia” or the “Company“) (TSX: ANRG) in the course of its normal business activities is in talks with a number of different parties regarding potential projects in a number of different countries around the world.

Among the prospective opportunities that might lead to contracts for Anaergia, is one reported in an article on a Michigan news site, MLive, entitled, “Kent County identifies main tenant for landfill diversion business park.” In this recent article, it is disclosed that the Kent County (Michigan) Board of Public Works will consider starting negotiations with Anaergia, and a potential partner, regarding a landfill waste diversion project. Management of Anaergia confirms that this project is one of the opportunities it is currently exploring, but as is the case with the other potential opportunities, there is no assurance that the discussions will lead to an agreement or project for the Company.

About Anaergia

Anaergia was created to eliminate a major source of greenhouse gases (“GHGs”) by cost effectively turning organic waste into renewable natural gas (“RNG”), fertilizer and water, using proprietary technologies. With a proven track record from delivering world leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the Municipal Solid Waste, Municipal Wastewater, Agriculture, and Food Processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.

Forward-Looking Statements

This news release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.


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