BRANDENBURG ENERGY CLOSES NON-BROKERED PRIVATE PLACEMENT OF COMMON SHARES

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BRITISH COLUMBIA, CANADA, May 12, 2021 /EINPresswire.com/ — Brandenburg Energy Corp. (“Brandenburg” or the “Company”) is pleased to announce that through its wholly owned subsidiary, 2828329 Ontario Inc. (“Subco”), it has completed a non-brokered private placement offering (the “Offering”) of 2,500,000 common shares of Subco (the “Subco Shares”) at a price of $0.10 per Subco Share for aggregate gross proceeds of $250,000.

Brandenburg will use the proceeds raised from the Offering for costs associated with the business combination between Brandenburg and Coin Analyst UG (“CoinAnalyst”) (the “Business Combination”), the details of which were previously disclosed in the press release dated March 17, 2021 (the “March Press Release”), working capital and other general corporate purposes.

In connection with the Offering, Amuka Capital Corp. (“Amuka Capital”) was paid a finder’s fee of $20,000 (the “Finders Fee”) and issued 200,000 broker warrants (the “Finder Warrants”), with each Finder Warrant exercisable for a period of two years for one Subco Share at a price of $0.20.

As Aaron Meckler, a senior officer, director and controlling shareholder of the Company is also a significant shareholder, director and officer of Amuka Capital, the issuance of the Finders Warrants and the payment of Finders Fee to Amuka Capital in connection with the Offering constitute a “related party transaction” pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying upon the “Financial Hardship” exemption from the minority shareholder approval and formal valuation requirements under MI 61-101.

The Company is also pleased to announce that its previously announced non-brokered private placement of units will be structured as a non-brokered private placement of subscription receipts of Subco (the “Subscription Receipts”). The Subscription Receipts will be sold at a price of $0.20 per Subscription Receipt to raise gross proceeds of a minimum of $750,000 (the “Sub Receipt Financing”). Each Subscription Receipt will entitle the holder thereof to receive, without any further action on the part of the holder or payment of any additional consideration, one unit of Subco (a “Unit”). Each Unit is comprised of one (1) Subco Share and one half of one (1/2) common share purchase warrant (each whole warrant, a “Subco Warrant”). Each Subco Warrant entitles the holder thereof to acquire one (1) Subco Share (a “Subco Warrant Share”) at a price of $0.35 per Subco Warrant Share for a period of 24 months from the date of closing of the Business Combination.

The expiry date of the Subco Warrants may be accelerated by Subco at any time if the closing price of the Subco Shares on any stock exchange in Canada is $0.70 or greater per Subco Share for a period of five (5) consecutive trading days at any time after the completion of the Business Combination. If this occurs, Subco may accelerate the expiry date of the Subco Warrants by issuing a press release announcing the reduced Subco Warrant term whereupon the Subco Warrants will expire on the date that is 30 days following the date of such press release.

The net proceeds of the Sub Receipt Financing will be held in escrow and, upon the satisfaction or waiver of certain conditions (the “Escrow Release Conditions”), including all conditions to the closing of the Business Combination, the net proceeds will be released to Subco.

In connection with the Sub Receipt Financing, Subco has engaged Amuka Capital as lead finder. Subco will pay Amuka Capital a cash commission equal to 8% of the gross proceeds of the Sub Receipt Financing and issue Amuka Capital broker warrants equal to 8% of the Units sold, and exercisable for the purchase of Subco Shares at a price of $0.20 per share until 24 months following the completion of the Business Combination.

The net proceeds of the Sub Receipt Financing will be used for expenses related to the Business Combination, the execution of CoinAnalyst’s strategic plan, and the repayment of debt.

Further information:

Investors are cautioned that any information released or received with respect to the Sub Receipt Financing in this news release may not be complete and should not be relied upon.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities to be issued in connection with the Offering and the Sub Receipt Financing have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary Statements Regarding Forward Looking Information:

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the proposal to complete the Sub Receipt Financing and associated transactions. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the closing of the Sub Receipt Financing and the satisfaction of the Escrow Release Conditions, completion of the Business Combination, the listing of the Subco Shares on a Canadian stock exchange, and the intended use of funds from the Sub Receipt Financing and Offering are all forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the Sub Receipt Financing will close or that the Business Combination will be completed on the terms described in the March Press Release. CoinAnalyst and Brandenburg assume no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

For more information, please contact:

Brandenburg Energy Corp.
Aaron Meckler, CEO, CFO, Director
E: aaron@amukacapital.com
T: 647 502-3558
1049 Chilco Street, Suite 405,
Vancouver, British Columbia, V6G 2R7.

Aaron Meckler
Brandenburg Energy Corp.
+1 647-502-3558
email us here


Source: EIN Presswire

ZE PowerGroup Wins Data Management Software of the Year Award

Canadian Business Award for Data Management

ZE Canadian Business Award

ZEPowerGroup

ZE Data We Get It

The Global Data Management Leader is Proud to Be Recognized at the Canadian Business Awards, 2021

This award confirms ZE’s role in the Canadian business environment and places us alongside other great Canadian firms”

— Aiman El-Ramly, Chief Business Officer at ZE PowerGroup

RICHMOND, BRITISH COLUMBIA, CANADA, May 12, 2021 /EINPresswire.com/ — ZE PowerGroup Inc., (ZE) a global leader in end-to-end data management and analytics technology, is proud to have won the Canadian Business Awards for Data Management Software of the Year for 2021. The expansive breadth of the ZEMA™ platform allows ZE to maintain a track record of providing exceptional business support.

Created by Corporate Vision Magazine, the Canadian Business Awards aims to acknowledge and applaud the contribution of business owners that are doing a phenomenal job for the country’s economy. The magazine runs a highly methodical process to select the nominees and winners for each category.
Aiman El-Ramly, Chief Business Officer, ZE PowerGroup, stated, “We are thrilled to be awarded as the Data Management Software of the Year. It is truly an honor for us to be recognized in this specialized competitive field yet again. This award confirms ZE’s role in the Canadian business environment and places us alongside other great Canadian firms. We attribute ZE’s success to our incredible team who always go above and beyond to deliver world-class data management solutions to our valued clients.”

He further says, “The fact that we powered through the challenges posed by the ongoing pandemic highlights that we are equipped with the right resources to continue to meet our clients’ needs and maximize their returns on investments year after year. We look forward to leading by example as a global data management and technology innovator.”

ZE PowerGroup continues to build state-of-the-art data technology and provide end-to-end data management solutions to clients across industries. They are grateful to receive this prestigious award and the recognition it brings.

About ZE PowerGroup (ZE)

Established in 1995, ZE’s sole purpose is to help clients be more efficient through information automation and superior services. ZE is the developer of ZEMA™, comprehensive data integration and analytics platform for resolving data management and business process automation challenges. By providing unrivaled data collection, analytics, curve management, and integration capabilities, ZEMA offers flexible and cost-efficient business process solutions for clients in all markets and industries.

ZE was declared the Best Data Management Firm by Energy Risk for 2020 and ranked 9th in the 2021 Chartis Energy50 rankings for innovative technology in the Energy and Fintech industry sectors. ZE is also the winner of the 2021 Data Breakthrough award for Cloud EDW Solution of the Year for the second year and was also awarded the 2020 Energy Risk Data House of the Award two years in a row

ZE’s offices are located in Richmond, BC, Canada, London, UK, Singapore, and Houston, TX, USA. For more information, visit www.ze.com.

ZE’s Contact Details
• Email: inquiries@ze.com
• Head Office: 1-866-944-1469 | UK Office: +44-(0)800-520-0193
• Website: www.ze.com

ZE Media Inquiries
Michelle Mollineaux,
Manager of Marketing & Business Development,
ZE PowerGroup Inc.
• Office – 604-244-1469 | Direct: 778-296-4189 | Fax: 604-244-1675
• Email – michelle.mollineaux@ze.com

Michelle Mollineaux
ZE PowerGroup Inc.
+1 778-296-4189
michelle.mollineaux@ze.com
Visit us on social media:
Facebook
Twitter
LinkedIn


Source: EIN Presswire

Methanol Institute and Element 1 to hold “The Methanol Pathway to Hydrogen” Webinar

SINGAPORE, May 12, 2021 /EINPresswire.com/ — Element 1 Corp., (e1), a leading developer of hydrogen generation technology supporting clean fuel cell power technology, and the Methanol Institute (MI) are jointly organizing a webinar entitled “The Methanol Pathway to Hydrogen” to be held on May 26, 2021, 8.00 a.m. (PDT). The webinar will feature presenters who will discuss methanol’s role as a superior hydrogen carrier supporting the global transition towards cleaner fuels. It will also mark the launch of e1’s latest white paper, “The Renewable Methanol Pathway to Green Methanol.”

Methanol is widely traded as one of the basic building blocks for petrochemicals and materials used in manufacturing everyday products. Recently, methanol has risen to prominence as a clean-burning and sustainable fuel for road and marine transport with a pathway to carbon neutrality. Methanol is also gaining traction as a dense hydrogen carrier that can support future hydrogen energy-related applications.

Methanol’s emergence as a viable energy product is centered on its physical characteristic of being liquid at ambient temperature and pressure enabling ease of storage and transportation without the need for intensive capital investments in infrastructure. After more than a century of being commercially produced and traded, there is a global availability of infrastructure that will support the logistics of utilizing methanol as a fuel and hydrogen carrier. This is especially crucial in the transition towards a hydrogen economy. The lack of efficient storage and transport methods is one of the most significant obstacles to overcome before hydrogen can be widely adopted as an energy product.

Generators that produce hydrogen from methanol can deliver on-demand hydrogen at the point of use, eliminating the need to transport compressed hydrogen gas. This significantly reduces the cost of using hydrogen as an energy product. In addition, this process can be carbon-neutral, and in some cases carbon-negative, when methanol is produced from renewable feedstocks such as captured carbon dioxide or municipal solid waste.

For more information about how methanol offers a pathway to hydrogen utilization, register for the webinar HERE.

###

About MI
The Methanol Institute (MI) serves as the global trade association for the methanol industry, representing the world’s leading producers, distributors, and technology companies. Founded in 1989 in Washington DC, MI now represents its members from five offices worldwide in Washington DC, Beijing, Brussels, Delhi, and Singapore. www.methanol.org

Element 1 Corp:
e1 designs and develops advanced hydrogen generation systems used to power fuel cells with broad use in mobile applications such as marine, trucking, off-road vehicles, rail, warehousing, and backup power supply sectors. e1’s proprietary technology produces hydrogen on-demand at the point of consumption, eliminating the logistical challenges and costs inherent in distributing compressed hydrogen. For more information about e1, please visit www.e1na.com.

Tim Chan
Methanol Institute
+65 9776 3530
tchan@methanol.org


Source: EIN Presswire

World Biz Magazine New Issue (Q2-2021) – Romet's Brent Collver on the Cover

Cover of Q2 2021 Issue of World Biz Magazine

Cover of Q2 2021 Issue of World Biz Magazine

Example of content page - Q2 2021 WBM

Example of content page – Q2 2021 WBM

Brent Collver, CEO of Romet Limited Interview card

Brent Collver, CEO of Romet Limited Interview card

World Biz Magazine – Q2-2021 Issue out now.

Within this issue of the magazine we have brought together a cast of world leading business leaders to share ideas and address the operational challenges faced by their peers.”

— Mike Walters, Editor in Chief – World Biz Magazine

LONDON, ENGLAND, UNITED KINGDOM, May 12, 2021 /EINPresswire.com/ — World Biz Magazine, the leading global C-Suite journal focused on Innovation and Leadership has released its Q2-2021 issue.

Continuing the distinguished legacy of World Biz Magazine, this issue of the stylish boardroom journal is packed with hard-hitting editorial insights and thought leadership features from some of the world's most authoritative leaders in their fields.

A PREVIEW OF THE CONTENTS – WORLD BIZ MAGAZINE, Q2-2021 ISSUE

(1) The lead feature is an interview about the future of Natural Gas with Top 100 Innovation CEO award winner: Brent Collver, CEO of Romet Limited.

(2) Other leadership features include interviews or opinion pieces from business luminaries such as: Amin Nasser (CEO of Aramco), Tim Debus (CEO of the Reusable Packaging Association), Franziska Leonhardt (CEO of Ave+Edam), Matteo Lunelli (CEO of Lunelli Group), Jane Sun (CEO of Trip.com), Igor Rybakov (Billionaire Investor), Mark Vergnano (CEO of Chemours), Sharzad Rafati (CEO of BBTV), Adam Ferrari (CEO of Ferrari Energy), Mahmood Ahmadu (Chairman of InnovatePay1), Bob Murray (Partner at Fortinberry Murray), and more.

(3) Also featured are over 50 editorial insights addressing the major challenges faced by business leaders across the globe. The hot topics in board rooms across the globe are all covered, including: COVID-19, Remote Working, Diversity, Cryptocurrency, Women In Leadership, Cyber-Security, Motivation and Employee Training, Investment, Energy, Sustainability, FDI, CSR, plus several spotlights of major innovation breakthroughs.

(4) On the lifestyle front, the Q2-2021 issue takes readers on a journey through the iconic destination of Monte Carlo in partnership with SBM Monte Carlo, a company that owns/ operates some of the most prestigious addresses in Monaco. There are also features on: the making of Cognac, the rebirth of California's most prestigious winery, Tumi's new McLaren collection, and an introduction to the all new Jax utility vehicle, plus many more.

Commenting on the release of the Q2-2021 issue, Mike Walters (Editor in Chief of World Biz Magazine) had this to say: "Our readers are responsible for making decisions with implications that extend far beyond the horizons of their businesses and industries. Our mission is to enable innovation leaders across the globe to connect and align their visions in order to shape more success and sustainability for the world. Within this issue of the magazine we have brought together a unprecedented cast of expert business leaders to share their ideas and address the operational challenges faced by their peers. We are grateful to over 80 contributors that participated in this issue for taking the time to join us in informing and inspiring our audience.

ABOUT WORLD BIZ MAGAZINE
W​e produce an elite magazine for boardrooms globally. Our articles are world-class and meet the most rigorous standards that are set for us by our Editorial Board which consists of a mix of business journalists and business leaders. We pride ourselves on delivering a high quality readership experience – packed with intelligent articles combined with energising CEO interviews. World Biz Magazine aims to provide C-Suite stake-holders with information that will drive their business success while serving as a forum for collaboration on innovation and social responsibility.

INTERESTED IN PARTICIPATING IN WORLD BIZ MAGAZINE?
Few publications in our space can offer the deep reach we guarantee. From Oklahoma to Hamburg to Sharjah, serious business leaders are our devoted readers. Although our magazine is distributed worldwide, we ensure that we reach the most valuable local audiences for our partners. ​You simply have to let us know what geographical regions, industries, job titles and even companies you are most interested in, our digital marketing teams, working according to the highest industry standards and ethics will carefully position your message to reach your desired readers. Contact us for more details about how we can assist to enhance your personal/ business brands.

All the content in World Biz Magazine's current issue can also be read on the website here: www.worldbizmagazine.com

Alan Pritchard
GlobalData Media Ltd.
email us here


Source: EIN Presswire

Entrex Carbon Market and Source Oil execute Letter of Intent for Carbon Neutral Fuels

Entrex Carbon Market – New Logo

Entrex's Markets provide a place to find, research, track, manage and trade the securities of entrepreneurial companies.

Entrex’s Markets offer entrepreneurs exposure, credibility and liquidity to capital markets

Stephen H. Watkins - CEO of Entrex Carbon Market

Stephen H. Watkins – CEO of Entrex

The Entrex Carbon Market announced today the execution of a Letter of Intent with Source Oil Energy, LLC to provide up to $3 billion in annual carbon offsets

Entrex, inc (OTCBB:UNSS)

Entrex offers us the best global price and supply of offsets which our clients need to become and remain carbon neutral, and we plan to tie these offsets to their fuel consumption.”

— Michael Cox

BOCA RATON, FLORIDA, UNITED STATES, May 12, 2021 /EINPresswire.com/ — The Entrex Carbon Market (www.EntrexCarbonMarket.com) announced today the execution of a Letter of Intent (LOI) with Source Oil Energy, LLC to provide up to $3 billion in annual carbon offsets for their global Carbon Neutral Fuel Solutions.

“Source has deep reach into Shipping, Bunker Fuel and Crude industry and has tremendous feedback from clients looking to offset their Carbon footprint through “Carbon Neutral Fuel” said Stephen H. Watkins, CEO of Entrex Carbon Market, a majority owned subsidiary of Entrex (OTC: UNSS). “By working together, we anticipate providing a significant amount of Carbon Offsets through both existing and new carbon offsetting entities providing the offsets Source Oil needs for their programs”.

“Entrex offers us the best global price and supply of offsets which our clients need to become and remain carbon neutral, and we plan to tie these offsets to their fuel consumption ” commented Michael Cox, President of Source Oil Energy, (whttp://www.sourceoilenergy.com/). “Significant attention has been created by the International Maritime Organization (IMO) and the International Chamber of Shipping (ICS) about reducing carbon creation from the shipping industry; We believe working with Entrex we can offer an immediate solution to the challenges they address.”

“The relationship between Source and Entrex all started through our Manufacturer Representative program” said Thomas Harblin of the Entrex Carbon Market. “We now have over a dozen representatives who are finding all sorts of relationships we never imagined. This sales structure has been innovative for our sector and should produce further results supporting the Entrex Carbon Market’s mission”.

About Entrex:

Entrex (OTC: UNSS) was founded in 2001 as a capital market system for entrepreneurial companies. The company establishes regulatory-compliant, niche capital market systems which support regulated market constituents in originating, structuring, placing, trading, settling and servicing securities of entrepreneurial companies. Working together with industry leaders, Entrex platforms allow investors to find, research, track, manage, and trade entrepreneurial securities by geography, sector or commodity.

Forward Looking Statements

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute" forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections.

These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These also include statements relating to the anticipated benefits of the announced transaction between the Company and Entrex. These statements include any statement that does not directly relate to ahistorical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions.

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute" forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These also include statements relating to the anticipated benefits of the announced transaction between the Company and Entrex. These statements include any statement that does not directly relate to ahistorical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions.

These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include the Joint Venture’s ability to successfully pursue its business plan, the possibility that the Company’s equity interest in the Joint Venture may be diluted as a result of capital raises by the Joint Venture, the possibility that Entrex may have the right to repurchase the previously contributed assets for nominal consideration, the Company’s ability to develop and commercialize new technologies, the Company’s history of losses and expectation of further losses, its ability to expand its operations into blockchain technologies, its ability to develop or acquire new brands, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward-looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward-looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

For further information
Stephen H. Watkins, CEO
Entrex Carbon Market
(561) 465-7580 or 1-877-4-Entrex
www.EntrexCarbonMarket.com

Stephen Watkins
Entrex Holding Company
+1 954-856-6659
email us here
Visit us on social media:
Twitter
LinkedIn


Source: EIN Presswire

Brent Collver, CEO of Romet Limited Honored by World Biz Magazine Awards with "Top 100 Innovation CEO" Award

Brent Collver, CEO of Romet Limited honored by World Biz Magazine Awards

Brent Collver, CEO of Romet Limited

World Biz Magazine - Top 100 Innovation CEOs - Logo

World Biz Magazine – Top 100 Innovation CEOs

Brent Collver, CEO of Canada’s Romet Limited, has been announced as a “Top 100 Innovation CEO – 2021” by World Biz Magazine.

Innovation is core to our business and defined in our purpose as always challenging the status quo on behalf of our customers.”

— Brent Collver, CEO of Romet Limited

LONDON, NOT APPLICABLE, UNITED KINGDOM, May 12, 2021 /EINPresswire.com/ — Romet (www.rometlimited.com) provides end-to-end measurement solutions to natural gas utilities across the globe. Supporting the evolution of the Natural Gas industry for a more sustainable environment is at the core of Romet’s business.

Brent Collver is a results-driven professional with over 20 years of engineering, operations, business development and executive experience. He has previously led the global expansion of a number of manufacturers through expertise in solution innovation and strategic development. He focuses on a collaborative team environment, promoting strong customer engagement to provide tailored solutions.

Brent Collver has led Romet’s complete production launch of a disruptive technology to the Natural Gas industry through the use of solutions in IoT. He has also completed the business strategy and execution plan to grow the company significantly through the introduction of new products and services based on technological offering, advanced customer support (through technology) and best-in-class project management and delivery processes. He re-configured the business during the pandemic to minimize cost leakage while continuing to invest in new product/service technologies, therefore positioning the company to accelerate through the global pandemic recovery and support its customers in achieving aggressive goals to build resilient, safe and connected grids. Through innovative use of technology and a strong, supportive work force, Romet has been able to keep its customers supported without impact, all the while ensuring its teams remain safe and healthy.

Commenting on innovation at Romet, Brent Collver said: “Innovation is core to our business and defined in our purpose as always challenging the status quo on behalf of our customers. This means we must continually strive to understand the customer, their challenges (in all forms) and present innovative solutions to solve problems. For Romet this means more than product innovation, but also how the company interacts with the customer. Further, the rapidly changing landscape of technology, particularly with the Internet of Things (IoT), has afforded Romet to take a lead position in helping our customers create a connected environment for significantly less cost and complexity of existing solutions. Romet relies on the ability to understand the relationship between available technology or emerging technology and the current and future needs of our customers. This drives embedded innovation processes to continually improve the state-of-the-art and value to our customers.”

World Biz Magazine's Top 100 Innovation CEO Awards celebrates business leaders across the globe that are making major strides in their industries. It recognizes product, service, functional, strategic, and managerial innovation. It also recognizes individuals showing exceptional commercial insight and market integrity. Sustainability forms a key cornerstone of the awards and is an integral part of the selection criteria. This year over 40,000 leaders were shortlisted and following a stringent evaluation process, only 100 winners were selected. The awards are of the highest integrity, there is no cost to participate therefore winners are selected strictly based upon merit.

Mike Walters, Editor in Chief of World Biz Magazine commented: “We received over 40,000 entries for this year’s awards, to be selected in the Top 10 of our 100 winners is a reflection of Brent Collver’s visionary leadership and commitment to driving innovation. Under his leadership, Romet’s connected technologies have delivered game changing possibilities to the energy industry in its transition towards improved sustainability.”

World Biz Magazine is the leading global C-Suite journal focused on innovation and leadership. For more information, please visit: www.worldbizmagazine.com

Alan Pritchard
GlobalData Media Ltd.
email us here


Source: EIN Presswire

HYEG Scores Sales Agreement for Green Hydrogen

Valued at more than $150 million USD, the agreement involves the sale of HEC’s patented equipment and services designed to produce and store hydrogen

HYDROGEN ENGINE CENTER (OTCMKTS:HYEG)

MIAMI, FLORIDA, US, May 12, 2021 /EINPresswire.com/ — Hydrogen Engine Center, Inc. (HEC), a publicly traded company listed on the OTC exchange (OTC: HYEG), announced today that it has agreed to sell its equipment and services capable of producing through distributed plants up to 65,000 m3/h or approximately 50,000 metric tons per year of green hydrogen to Enceladus Development Corporation, a newly created private equity investment firm.

Valued at more than $150 million USD, the agreement involves the sale of HEC’s patented equipment and services designed to produce and store hydrogen created via electrolysis. The hydrogen will be used by Enceladus’ clients to enhance a refinery’s capacity to produce liquid fuels; support the delivery of reactive electric power in conjunction with a renewable energy power plant; and, depending upon market conditions, sold to off-takers in the transportation sector. HEC anticipates selecting an Engineering, Procurement and Construction contractor by the end of 2021 Q3.

As a part of the agreement, warrants in HYEG are to be made available to Enceladus at a fixed price of $0.75 per share exercisable within one year. Shares of HYEG are currently trading at USD $0.3500 – $0.3795.

“We are excited that Enceladus and its clients have the vision to see the value of our equipment,” said Pedro Blach, Chief Executive Officer for Hydrogen Engine Center. “HEC-TINA’s PEM electrolysis system is the only one in the market capable of turning water into hydrogen and oxygen at direct high pressures greater than 3,000 Psi without additional compression, which is one of the highest cost contributors to high-pressure hydrogen production using electrolysis, making “HEC-TINA” systems one of the most efficient hydrogen energy systems,”.

We hope that this purchase is only the beginning of a much deeper investment into HEC and its affiliates,” said Larry Haddock, Director of Enceladus Development Corporation. “As more countries and companies seek to decarbonize their footprints, we anticipate, Enceladus is excited to fund projects that support and advance the use of green hydrogen,” Haddock said.

According to Markets™, the hydrogen generation market is expected to be worth $201 billion by 2025.

Information about Hydrogen Engine Center, Inc.: Hydrogen Engine Center Inc., (a Nevada corporation, “HEC Inc.”) is a holding company whose 100% owned subsidiary is HEC-TINA Inc. (a Nevada Corporation, “HEC-TINA”) which is the Operating company of the Hydrogen Engine Center Inc., HEC has spent the last 10 years developing technology related to carbon-free green energy solutions and currently has 5 main patents pending or granted, with more in the planning stage. The flag device of the company is his PEM electrolyzer which will equipped the Hydrogen Stations, on-site hydrogen production plants, and Haber Bosch NH3 miniplants (Green Fertilizers). HEC-TINA has developed a completely green, innovative technology system, which guarantees 24 hours per day, 7 days a week and 365 days per year access to electricity in independent and environmentally friendly ways, using any renewable electricity source including solar and/or wind with splitting water as the hydrogen source and a HEC-TINA modified genset to operate with hydrogen. The operation is fully automatic and can be monitored online via internet satellite connection. See: https://www.hectina.net/. Contact: Pedro Blach@me.com

Information about Enceladus Development Corporation: Enceladus Development Corporation is a recently created private equity investment and asset management company registered in Delaware (USA). Enceladus is structured such that it can finance investments on its own or in conjunction with joint venture partners.
See: https://enceladusdevelopment.com/. Contact: Info@EnceladusDevelopment.com

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the failure of the closing all the terms and conditions of the sale contract as anticipated in the Agreement with Enceladus.
##30##

Pedro Blach
Hydrogen Engine Center
+34 619 24 53 83
pedroblach@me.com


Source: EIN Presswire

“Former US Ambassador Matthew Bryza, joined the Investment Group IKAR Industries”

Matthew Bryza

Matthew Bryza, former US Ambassador to Azerbaijan and former Deputy Assistant Secretary of State, has joined IKAR Industries LLP, as CEO of IKAR Energy Group

LONDON, UNITED KINGDOM, May 12, 2021 /EINPresswire.com/ — Matthew Bryza, a former US Ambassador to Azerbaijan and former Deputy Assistant Secretary of State, has joined IKAR Industries LLP, as new CEO of IKAR Energy Group, based in London.

IKAR Industries has a broad range of investment targets with group companies focused on the technology, real estate, hospitality, security and safety, sports and entertainment, and energy sectors. It is an entrepreneurial investment group, with a geographic focus in the United States and North America, Europe and emerging markets. The group has representatives in Amsterdam, Berlin, Boston, Chicago, Istanbul, New York, Washington DC, and Zurich.

“Since I finished my active career as a Diplomat, I very much focus on the business world. Since more than two decades I am involved in the international energy industry. The global strategy of IKAR, in particular in the energy sector, the distinguished professionals within the IKAR Group and the strong leadership skills of two founders have convinced me to join the exciting journey of IKAR and leading the new energy entity within the upcoming years to one of the most recognized investment groups in the energy world”, stated Matthew Bryza.

“We could not be more happier than having Ambassador Bryza on board. His decades of experience within the political and energy world, is somehow unique and makes him the perfect CEO of our new entity. That Ambassador Bryza joins us also as a co-founder and partner shows me how convinced he is with the overall strategy of IKAR,” said Mario Diel, Chairman and Co-Founder of IKAR Industries.

“I know Ambassador Bryza for many years. I admire his diplomatic skills, his visions about the energy industry and how important a professional set up is, especially in emerging markets. He is living and working for many years in one of the most challenging and exciting regions, which are crucial for the development of these countries but also for the energy supply of the western world. Together with him we are looking forward to develop and being part of these challenging projects and investments” said Howard Beasey, IKAR’s President and Co-Founder.

About Ambassador Matthew Bryza

Matthew Bryza is the former US Ambassador to Azerbaijan and the former Deputy Assistant Secretary of State for Europe and Eurasia.

He also served as a Director at the National Security Council in the White House for Turkey, Greece, Cyprus, the South Caucasus, and Central Asia.

He started his diplomatic oversees career in Warsaw and Moscow.

Ambassador Bryza is a board member on several international Holdings as well at the James Town Foundation. He is furthermore a Nonresident Senior Fellow at the Atlantic Council.

About IKAR Industries

IKAR Industries is a British investment group, headquartered in London, United Kingdom and mainly focuses on the technology, real estate, hospitality, security and safety, sports and entertainment, and energy sectors.

IKAR is an entrepreneurial investment group, with a regional focus on the United States and North America, Europe and emerging markets. The group has representatives in Amsterdam, Berlin, Boston, Istanbul, New York, Washington DC, and Zurich

Ikar was founded by German businessman, Mario Diel, and business executive and retired US Marine, Howard Beasey, in 2019 in London, United Kingdom. The founders’ vision was to create a conglomerate of companies across a diverse spectrum of sectors reflecting their own backgrounds and expertise but boosted by the power of a distinguished team of former politicians, government leaders, executives and entrepreneurs and their collective networks.

Aaruni Kumar
Ikar Industries LLP
email us here
Visit us on social media:
Twitter
LinkedIn


Source: EIN Presswire

STP and STC announce the release of its newly developed EHS audit protocol for Hungary

Latest EHS Regulations Updates Assist Companies to Achieve EHS Compliance

VANCOUVER, BRITISH COLUMBIA, CANADA, May 11, 2021 /EINPresswire.com/ — STP ComplianceEHS (STP) and Specialty Technical Consultants (STC) announce the release of its newly developed environmental health and safety (EHS) audit protocol for Hungary. This audit protocol covers relevant national EHS requirements. The regulatory date for the current release is July 2020.

Leading companies around the world use EHS audit protocols to understand the scope of their EHS regulatory obligations and rapidly collect, share, archive, and export audit findings in a cost-effective manner. EHS audit protocols are prepared by STC in partnership with STP and continue to focus on those national (plus, in some cases, regional or provincial) EHS requirements that have site-specific application for manufacturing operations. As a leading EHS management consulting firm with a global network of experienced EHS teaming partners, STC has in-depth knowledge and technical expertise of local/regional EHS requirements.

STP and STC maintain leading-edge EHS audit protocols for more than 50 jurisdictions. The protocol documents are written in English and are available in MS Word, Adobe Acrobat and Excel formats, as well as through STP’s web-based portal or can be integrated into an existing company platform. Using the protocols’ custom templates and advanced functionality features, auditors can easily track audit findings and manage data over time to improve compliance, risk management and safety performance. In addition, STP’s formatting is compatible with leading risk management and sustainability platform providers.

Highlights of selected legislation covered in the newly developed protocol include:

In Hungary, environmental protection is regulated through laws, Government decrees, and European Union Directives (transposed into the Hungarian law) and regulations. The main ministry regulating the field of environmental protection is the Ministry of the Environment.

The Minister of State for Environmental Affairs is responsible for environmental protection. This Minister is part of the Ministry of Rural Development. The Minister of State for Environmental Affairs implements and enforces the legislation and policies in the field of environmental protection.

More information about the Ministry of Rural Development is available online at https://2010-2014.kormany.hu/en/ministry-of-rural-development (last accessed in July 2020).

Law No. LIII of 1996 on the Protection of Nature creates the legal framework for the protection and sustainable use of nature, landscapes and biodiversity, and for nature conservation with the goal of protecting, preserving, maintaining and developing natural assets and areas in Hungary.

Government Decree No. 314/2005 (XII.25) on the Environmental Impact Assessment and the Integrated Environmental Permit Procedure establishes rules on integrated prevention and control of air pollution arising from industrial activities. It also establishes the procedure and the requirements for obtaining an integrated environmental permit.

As with environmental protection, occupational health and safety in Hungary is regulated through laws, decrees and European Union Directives (transposed into the Hungarian law) and regulations. The main ministry regulating the field of occupational health and safety is the Ministry of Labor and Social Justice.

The Department of Labor Inspection is the specialized national authority, subordinate to the Ministry of Labor and Social Justice, that implements and enforces the legislation and policies in the field of occupational health and safety. The local authorities ensure the uniform implementation and enforcement of the national occupational health and safety provisions.

More information about the Labor Inspection is available online at http://ommf.gov.hu/index.html?akt_menu=123&set_lang=123 (last accessed in July 2020).

The framework legislation in the field of occupational health and safety is Law No. XCIII of 1993 on Occupational Safety, together with Decree No. 5/1993. (XII. 26.) MüM on the Implementation of Certain Requirements of Law No. XCIII of 1993 on Occupational Safety and Joint Decree No. 3/2002. (II. 8.) SZCSM–EüM Concerning the Minimum Safety and Health Requirements for the Workplace, which implement provisions of Law No. XCIII of 1993. Together, these pieces of legislation detail the requirements for the prevention of occupational risks, the protection of safety and health, the elimination of risk and accident factors, and the provision of information and training to workers as well as consultation regarding health and safety at work.

Issues relating to fire safety are implemented and enforced by the National Fire Inspectorate and its subordinate regional offices. More information regarding the General Inspectorate for Emergency Situations is available online at https://regi.katasztrofavedelem.hu/index2.php?pageid=tuzvedelem_index (last accessed in July 2020).

For more information on this release click here.

For more information on all International EHS audit protocols offered by STP click here.

About STP ComplianceEHS
STP ComplianceEHS (STP) produces technical resource guides covering environmental, health & safety, transportation, business practices, standards, and law, offering comprehensive guidance on key compliance and regulatory issues. STP is a division of Glacier Media Inc., a Canadian information communications company that provides primary and essential information in print, electronic and online media. Glacier’s Business and Professional Information Group publishes directories, technical manuals, research and development materials, medical education, electronic databases, investment information, and specialty websites.

About Specialty Technical Consultants
Specialty Technical Consultants, Inc. (STC) is a specialized management consulting firm working to enhance environmental health and safety (EHS) performance. Through its consulting services, STC partners with clients to strengthen management systems' design and implementation, and identifies needs and implements solutions to meet business objectives. Services provided include: EHS compliance support; risk assessment; EHS auditing; corporate responsibility and sustainability; EHS management systems development and implementation; EHS regulatory information tools; and EHS training.

STC is certified as a Woman-Owned Business Enterprise (WBE) by the Women’s Business Enterprise National Council (WBENC) and the Supplier Clearinghouse for the California Public Utilities Commission, and as a Disadvantaged Business Enterprise (DBE) by the California Department of Transportation (Caltrans) Disadvantaged Business Enterprise (DBE) Program.

Natalie Elster
STP ComplianceEHS
+1 604-983-3434
email us here


Source: EIN Presswire

Operated Acquisition/Farm-In Opportunity in the Delaware Basin with Premier Operator, Centennial Resource Production

Centennial Resource Production to divest or farm-out certain operated leasehold assets in the Delaware Basin of Reeves County, Texas.

DENVER, COLORADO, UNITED STATES, May 11, 2021 /EINPresswire.com/ — Eagle River Energy Advisors, LLC ("Eagle River") has been exclusively retained by Centennial Resource Production, Inc. ("Seller") to divest or farm-out certain operated leasehold assets in the Delaware Basin of Reeves County, Texas.

The assets provide the opportunity to invest ~$40MM of capex in a single 480-acre operated DSU in Reeves County, TX with 100% WI and 75% NRI. The drill ready DSU has the location staked, updated title and permits and pooling order in place to accommodate 6 horizontal drilling locations in the Wolfcamp A and B/C formations.

The assets are located in Southern Reeves County, TX with prolific nearby wells achieving IP30s of 1,800 BOPD. This area is characterized by robust offset single well economics in the Wolfcamp A and B/C formations with EURs of 700-850 MBOE and IRRs of 50-85%.

Centennial Resources Production, Inc. is an independent oil producer with assets in the core of the Delaware Basin in West Texas and Southern New Mexico and is publicly traded on the NASDAQ (CDEV).

“Our team is pleased to serve a client with high-quality assets in the Delaware Basin. With impressive well performance from the prolific Wolfcamp formation and well costs down 20-30% year-over-year, the drilling economics at $60+ oil are compelling.”

Bids for the Operated Acquisition opportunity in the Delaware Basin with Centennial Resources Production, Inc. referenced in this press release are due June 2nd, 2021.

About Eagle River Energy Advisors:
Eagle River is an industry leading A&D advisory firm focused exclusively on the North American oil and gas sector. We specialize in middle market transactions ranging from $5MM – $300MM. Based in Denver, Eagle River has a team of industry professionals with diverse backgrounds in finance, land, business development, engineering, and geology.

Learn more at: https://www.eagleriverenergyadvisors.com/

Chris Martina
Eagle River Energy Advisors
+1 720-726-6092
cmartina@eagleriverea.com
Visit us on social media:
LinkedIn


Source: EIN Presswire