(via TheNewswire)
Regina, Saskatchewan - TheNewswire - March 12, 2020 - HTC Extraction Systems(TSXV:HTC) (OTC:HTPRF) is pleased to announce that Todd Beasley, considered by our industry to be the "Grandfather" of solvent, ethanol and glycol extraction and purification systems in North America, has joined the HTC Extraction Systems team. Mr. Beasley brings over 30 years experience of purifying, glycols, ethanols and solvents to HTC. He is well known and recognized in the industry for his extraction and purification work with refineries, natural gas plants, power plants and hydrogen production all over North America. He was a founder of CCR Technologies, one of the original and most successful solvent, glycol and ethanol reclaiming companies operating in North America in the clean energy technology sector.
Recently, Mr. Beasley was an invited guest to address the Canadian House of Commons, Standing Committee on International Trade, on February 19, 2020. Mr. Beasley communicated the message that "the encouragement to fully develop environmental technologies which the rest of the world can confidently adopt, is a better solution to reducing green house gases than punitive taxes". https://www.dropbox.com/s/9uygxtrnaykluyr/toddspeech.mp4?dl=0
He alluded to a previously implemented and successful Acid Rain model that was introduced by the Canadian and US Governments in the 1970's. This environmental threat was turned into an environmental success story through US EPA and Canadian Govt clean air legislation, using technology developed in Canada.
He further commented: "I'm currently working with Regina's HTC Extraction Systems. Our team is made up of some of the most dedicated individuals you'll ever meet. We are creating superlative technologies which extract CO2 at the industrial level. Our technology was recently selected to be the CO2 provider for the Xprize competition in Calgary, Alberta. The Xprize competition, is an excellent example of how Governments and Industry can work together to solve our most pressing environmental problems"
The Xprize competition is a four-and-a-half-year, $20 million global competition, that challenges teams to transform the way the world addresses carbon dioxide (CO2) emissions through breakthrough circular carbon technologies that convert carbon dioxide emissions from power plants into valuable products.
Mr. Jeff Allison - Senior Vice President of HTC commented "I'm pleased to be working with Todd. He brings a wealth of "hands on" experience to HTC's Purification Team. We have already noticed a broadening and increase in business opportunities he has brought to the table. The combination of Mr. Beasley's historic experience, and the knowledge of HTC's world recognized extraction team under the leadership of Chief Technology Officer for over 15 years, Dr. Ahmed Aboudheir, brings together an extraction and purification "Dream Team" prepared to deliver commercial solutions that are required for today's low carbon footprint business world."
For more information on HTC Extraction Systems please see www.htcextraction.com
NEITHERTHETSXVENTUREEXCHANGENORITSREGULATIONSERVICESPROVIDER(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THERELEASE.
For more information contact:
Lionel Kambeitz
HTC Extraction Systems
Tel: 306-359-3448
E-mail: lpk@htcextraction.com
HTC corporate developments can be followed on www.htcextraction.comand is traded under the symbol HTC
This press release contains "forward-looking statements" or "forward-looking information" (collectively referredtohereinas"forward-lookingstatements")withinthemeaningofapplicablesecuritieslegislation. Such forward- looking statements include, without limitation, forecasts, estimates, expectations and objectivesforfutureoperationsthataresubjecttoanumberofassumptions,risksanduncertainties,many ofwhicharebeyondthecontrolofHTC.Forward-lookingstatementsarestatementsthatarenothistorical factsandaregenerally,butnotalways,identifiedbythewords"expects","plans","anticipates","believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur or be achieved. This press release contains forward-looking statementspertainingto,amongotherthings,the Corporation's ability to deliver commercial solutions to low carbon footprint.
Forward-looking information is based on current expectations, estimates and projections that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from thoseanticipatedbyHTCanddescribedintheforward-lookinginformationcontainedinthispressrelease.
AlthoughHTCbelievesthatthematerialfactors,expectationsandassumptionsexpressedinsuchforward- looking statements are reasonable based on information available to it on the date such statements were made, no assurances can be given as to future results, levels of activity and achievements and such statements are not guarantees of future performance.
HTC Purenergy Inc. (OTCQB:HTPRF) trades on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com. (links to: http://www.otcmarkets.com/stock/htprf/quote.
Copyright (c) 2020 TheNewswire - All rights reserved.