Calgary, Alberta TheNewswire – September 23, 2021 – Delta CleanTech Inc. (“Delta” or the “Company”) (CNSX:DELT.CN) announced today that it Delta has expanded their commercial relationship with Doosan Power Systems (“Doosan”) of the United Kingdom to help commercialize this important European market for CO2 capture projects.

Delta is also pleased to announce that it is trading on the Frankfurt Stock Exchange (Symbol: 66C) to take advantage of the strong investment demand in Europe for companies dealing in the Environmental, Social and Governance (ESG) space.

UK-based Doosan Power Systems builds, maintains and extends the life of power plants and energy infrastructure across the world. It unites the rich heritage of Doosan Lentjes and Doosan Babcock in advanced steam generation, waste-to-energy and nuclear with the global leadership of Doosan Škoda Power in the design and manufacture of turbines.  

Delta CleanTech’s President, Mr. Jeff Allison, commented, “The UK Government has recently announced that it has allocated £1 billion for greenhouse gas emissions mitigation projects. These new project development funds have in turn created a substantial amount of new interest by the large CO2 emitters in the UK.”  

Delta has been involved in CO2 capture projects across the globe for over 15 years and is well-equipped to work with Doosan to jointly provide technology, process design expertise, engineering, construction and project management skills required in completing these proposals.

Mr. Allison further commented,It’s beneficial to be working with Doosan as they are one of the larger energy infrastructure engineering, procurement, construction, maintenance, repair and operations companies in the world. With their strategic location in Glasgow, Scotland, they are the ideal partner for UK and European CO2 capture projects. Delta has worked in a synergistic relationship in the past with Doosan, and we look forward to these new exciting and substantial business opportunities in the UK and Europe.”

About Delta CleanTech Inc.

Delta CleanTech Inc., is a 15-year ESG-driven, recognized global technology leader in COCapture, Decarbonization of Energy, Solvent & Glycol Reclamation, Blue Hydrogen Production, and Carbon Credit Aggregation and Management. Delta continues to provide solutions to clients all over the world in sequestering, capturing, and reducing CO2 while producing high quality fungible Carbon Credits.

 

About Doosan Power Systems

Doosan Power Systems, uniting some of the leading names in European power generation, bringing together the rich heritage of Doosan Babcock in core boiler technologies, Maintenance, Repair and Operations (MRO) and nuclear, the expertise of Doosan Lentjes in circulating fluidised bed combustion, air pollution control solutions and waste to energy, and the global leadership of Doosan Škoda Power in the design and manufacture of turbines. Supported by their global service capabilities, this winning combination also gives Doosan Power Systems the capability to provide efficient and cost-effective, sustainable ESG solutions that create real value for their customers and their customers assets around the world.

For more information contact:

Jeff Allison, President

Phone: 306‐352-6132
Cell: 306-530-6025
E‐mail:
[email protected]

 

Forward Looking Statements

 

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon Delta’s current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. Specifically, this news release contains forward looking information relating to trading of the Company’s common shares on the CSE, the Company’s engagement with investors going forward, among others.

     

Any forward-looking information speaks only as of the date on which it is made, and, except as required by law, Delta does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Delta to predict all such factors. When considering these forward-looking statements, readers should keep in mind the risk factors and other cautionary statements in Delta’s Final Prospectus dated August 13, 2021 and filed with the applicable Canadian securities regulatory authorities on SEDAR at www.sedar.com. The assumptions, risk factors and other factors noted in the Delta final prospectus could cause actual events or results to differ materially from those described in any forward-looking information.

 

The CSE does not accept responsibility for the adequacy or accuracy of this release.

 

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