Xebec Welcomes Ms. Karen Nielsen to Board of Directors
07 Abril 2021 - 8:00AM
Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a
global provider of clean energy solutions, is pleased to announce
that Ms. Karen Nielsen has joined Xebec’s Board of Directors
effective today.
Ms. Nielsen was formerly the Chief Development
Officer at Seven Generations Energy Ltd (TSX: VII), an energy
producer dedicated to stakeholder service, responsible development
and generating strong returns. She is also a non-executive lead
director at Crew Energy (TSX: CR), a light oil and natural gas
producer operating and based in Western Canada.
“Having spent the majority of my career in the
traditional oil and gas space, I am excited to be joining Xebec as
we look towards the next chapter of energy. Decarbonization of our
energy sources has come to the forefront of our minds as we look to
address climate change. I believe Xebec will play a key role in
this as a world leading renewable gas player and that we will pave
a better future for generations to come,” stated Karen Nielsen.
Ms. Nielsen brings decades of expertise in the
oil and gas sector with positions in operations, business
development, engineering and finance. She held positions as Senior
Vice President and General Manager at ATCO Power Ltd. (TSX: ACO.X),
Vice President of Operations at ARC Resources Ltd. (TSE: ARX) and
both Vice President of Engineering and Operations at Birchcliff
Energy Ltd. (TSX: BIR).
“I am excited to be welcoming Karen to Xebec’s
Board. She brings a strong background in energy in a time where the
transition towards lower carbon energy sources is accelerating.
Xebec is playing an important role in providing cleantech solutions
for reducing emissions in the broader energy sector. I look forward
to Karen’s contributions as she brings forth new ideas and insight
into the energy transition,” stated Kurt Sorschak, Chairman,
President and CEO, Xebec Adsorption Inc.
Related
links:https://www.xebecinc.com
Media Inquiries:Public Relations for
XebecVictor Henriquez, Senior
Partnervictor@publicsc.com+1 514.377.1102
Investor Relations:Xebec
Adsorption Inc.Brandon Chow, Director, Investor
Relationsbchow@xebecinc.com+1 450.979.8700 ext 5762
About Xebec Adsorption
Inc.Xebec is a global provider of clean energy solutions
for renewable and low carbon gases used in energy, mobility and
industry applications. The company specializes in deploying a
portfolio of proprietary technologies for the distributed
production of hydrogen, renewable natural gas, oxygen and nitrogen.
By focusing on environmentally responsible gas generation, Xebec
has helped thousands of customers around the world reduce their
carbon footprints and operating costs. Headquartered in Québec,
Canada, Xebec has a worldwide presence with five manufacturing
facilities, eight Cleantech Service Centers and four sales offices
spanning over four continents. Xebec trades on the Toronto Stock
Exchange under the symbol (TSX: XBC). For more
information, xebecinc.com.
Cautionary Statement Neither
Toronto Stock Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the Toronto Stock Exchange)
accepts responsibility for the adequacy or accuracy of this
release. This news release contains forward-looking statements and
forward-looking information (together, “forward-looking
statements”) within the meaning of applicable securities laws. All
statements, other than statements of historical facts, are
forward-looking statements, and subject to risks and uncertainties.
Generally, forward-looking statements can be identified by the use
of terminology such as “plans”, “seeks”, “expects”, “estimates”,
“intends”, “anticipates”, “believes”, “could”, “might”, “likely” or
variations of such words, or statements that certain actions,
events or results “may”, “will”, “could”, “would”, “might”, “will
be taken”, “occur”, “be achieved” or other similar expressions.
Forward-looking statements, including statements concerning future
capital expenditures, revenues, expenses, earnings, economic
performance, indebtedness, financial condition, losses and future
prospects as well as the expectations of management of Xebec with
respect to information regarding the business and the expansion and
growth of Xebec operations, involve risks, uncertainties and other
factors that could cause actual results, performance, prospects and
opportunities to differ materially from those expressed or implied
by such forward-looking statements. Forward-looking statements are
subject to business and economic factors and uncertainties, and
other factors that could cause actual results to differ materially
from these forward-looking statements, including the relevant
assumptions and risks factors set out in Xebec's public documents,
including in the most recent annual management discussion and
analysis and annual information form, filed on SEDAR at
www.sedar.com. Furthermore, should one or more of the risks,
uncertainties or other factors materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those described in forward-looking statements or information.
These risks, uncertainties and other factors include, among others,
the uncertain and unpredictable condition of global economy,
notably as a consequence of the Covid-19 pandemic, Xebec’s capacity
to generate revenue growth, the availability to Xebec of financing
and credit alternatives and access to capital, Xebec’s capacity to
meet all its other commitments and business plans, Xebec’s limited
number of customers, the potential loss of key employees, changes
in the use of proceeds relating to the loan, share price
volatility, and other factors. Although Xebec believes that the
assumptions and factors used in preparing the forward-looking
statements are reasonable, undue reliance should not be placed on
these statements, which only apply as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed times frames or at all. Except where required by
applicable law, Xebec disclaims any intention or obligation to
update or revise any forward-looking statement, whether as a result
of new information, future events or otherwise.
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