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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.


TSX:GRN - Post by User

Post by ace1mccoyon Feb 16, 2021 8:29am
199 Views
Post# 32571475

News Release

News Release
Greenlane Renewables Inc. (“ Greenlane ”) (TSXV: GRN / FSE: 52G) is pleased to announce that it has received final approval for the listing of its common shares and warrants on the Toronto Stock Exchange (" TSX ").
 
Greenlane’s common shares and warrants will commence trading on the TSX effective as of market open tomorrow, February 17, 2021, under the current trading symbols of "GRN" and “GRN.WT”, respectively. In connection with the TSX listing, Greenlane's common shares and warrants will be concurrently delisted from the TSX Venture Exchange (“ TSXV ”).
 
“Graduating to the senior board, after having commenced trading on the TSXV only 20 months ago, marks an important and exciting achievement for our company,” said Brad Douville, President and CEO of Greenlane. “We’ve accomplished a great deal of business success on our mission to decarbonize transportation and the natural gas distribution network with renewable natural gas produced from our biogas upgrading systems. I wish to thank our employees, whose hard work and dedication made it possible to rapidly build, grow and finance Greenlane, thus meeting the stringent TSX listing requirements in such a short amount of time.”
 
“From a capital markets perspective, trading on the TSX provides us with a greater platform from which to expand our global investor base and allows us to match our governance, growth and environmental and sustainability efforts with ESG-focused investors and individual investors seeking a greater reporting standard. I wish to acknowledge and thank the TSXV for being so helpful and supportive during our first phase as a public company.”
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