Cleantek Announces Management Changes and Private Placement
Cleantek Announces Management Changes and Private Placement
Calgary, Alberta--(Newsfile Corp. - July 22, 2024) - The Board of Directors of Cleantek Industries Inc. (TSXV: CTEK) ("Cleantek" or the "Company") is pleased to announce the appointment of Riley Taggart as the Company's President and Chief Executive Officer ("CEO") effective July 19, 2024. Mr. Taggart is also expected to join the company's Board of Directors.
艾伯塔省卡尔加里--(新闻文件公司,2024年7月22日)——Cleantek Industries Inc.(多伦多证券交易所股票代码:CTEK)(“Cleantek” 或 “公司”)董事会欣然宣布,任命莱利·塔加特为公司总裁兼首席执行官(“CEO”),自2024年7月19日起生效。预计塔加特先生还将加入公司董事会。
Mr. Taggart brings a wealth of expertise to this role, having served in several senior leadership capacities over the past 13 years with major energy service companies, including Baker Hughes and Nine Energy Services. Mr. Taggart began his career in 2002 with an Alberta-based compression fabrication company and went on to work in the industry in the drilling, completion, and production disciplines.
塔加特先生为该职位带来了丰富的专业知识,在过去的13年中,他曾在包括贝克休斯和Nine Energy Services在内的主要能源服务公司担任过多个高级领导职务。Taggart 先生于 2002 年在一家位于艾伯塔省的压缩制造公司开始了他的职业生涯,后来在该行业从事钻探、完井和生产领域的工作。
Mr. Taggart has an excellent track record building customer-focused businesses, working with stakeholders to develop strategic vision, building cohesive and collaborative teams, and leading operational execution, resulting in highly efficient and successful businesses.
塔加特先生在建立以客户为中心的业务、与利益相关者合作制定战略愿景、建立凝聚力和协作团队以及领导运营执行方面有着出色的往绩,从而实现了高效和成功的业务。
Mr. Taggart is well-known to the energy service community and has substantial experience in the day-to-day management of service firms as well as mergers and acquisition transactions. Mr. Taggart has a Doctor of Business Administration degree, a Master of Business Administration degree, and a Bachelor of Arts degree, all from the University of Calgary.
塔加特先生在能源服务界广为人知,在服务公司的日常管理以及并购交易方面拥有丰富的经验。Taggart 先生拥有卡尔加里大学的工商管理博士学位、工商管理硕士学位和文学学士学位。
The Board of Directors is excited to attract a proven leader with Mr. Taggart's skillset and credentials and is looking forward to working with him to improve stakeholder returns and expand Cleantek's market share within the U.S., Canadian and International markets.
董事会很高兴吸引一位具备塔加特先生技能和资历的久经考验的领导者,并期待与他合作,提高利益相关者的回报,扩大Cleantek在美国、加拿大和国际市场的市场份额。
Paul Colucci, Chairman of Cleantek commented, "We are extremely pleased to welcome Riley to the President and CEO role at Cleantek. His proven track record of expanding businesses and driving revenue in all verticals within the energy services industry, both in Canada and the U.S., will be key as the Company continues to execute on its growth strategy".
Cleantek董事长保罗·科鲁奇评论说:“我们非常高兴地欢迎莱利担任Cleantek的总裁兼首席执行官一职。他在加拿大和美国能源服务行业所有垂直领域扩大业务和增加收入方面的良好记录将是公司继续执行其增长战略的关键”。
Upon Mr. Taggart assuming the positions of President and CEO Matt Gowanlock, will be stepping down from the positions of President, CEO, and Director with immediate effect. Mr. Gowanlock will function in an advisory role to assist in an orderly transition and provide ongoing operational support to the business.
塔加特先生就任总裁兼首席执行官后,马特·高万洛克将立即辞去总裁、首席执行官和董事的职务。Gowanlock先生将担任顾问职务,以协助有序过渡并为业务提供持续的运营支持。
"On behalf of the entire Board of Directors, I would like to thank Matt for his years of loyal service as President and CEO of Cleantek and we wish him all the best in his future endeavors," remarked Paul Colucci, Chairman of Cleantek.
Cleantek董事长保罗·科鲁奇表示:“我谨代表整个董事会感谢马特多年来在担任Cleantek总裁兼首席执行官期间所做的忠诚服务,并祝愿他在未来的工作中一切顺利。”
Private Placement
私募配售
Cleantek is also pleased to announce it is proposing to complete a non-brokered private placement (the "Private Placement") of units at a subscription price of $0.15 per unit for aggregate gross proceeds of up to $150,000, subject to the approval of the TSX Venture Exchange. Each unit will consist of one Cleantek common share ("Common Share") and one-half of one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.25 per Common Share for a period of three years from the closing date of the Private Placement.
Cleantek还高兴地宣布,它提议以每单位0.15美元的认购价格完成非经纪人的私募配售(“私募配售”),总收益不超过15万美元,但须获得多伦多证券交易所风险交易所的批准。每个单位将由一股Cleantek普通股(“普通股”)和一半的普通股购买权证(“认股权证”)组成。每份认股权证将使持有人有权以每股普通股0.25美元的行使价购买一股普通股,为期三年,自私募股截止之日起。
In addition to various Board of Directors participation in the Private Placement, Mr. Taggart has agreed to subscribe for $100,000 of the Private Placement, or 666,667 units. In connection with Mr. Taggart's subscription, Cleantek has entered into an executive loan agreement for $50,000 for the purposes of his subscription, on standard market terms. These issuances to Mr. Taggart and the Board of Directors provide an immediate alignment of executive management, board and shareholder interests.
除了董事会多次参与私募股外,塔加特先生还同意认购10万美元的私募股权,即666,667个单位。关于塔加特先生的认购,Cleantek已签订了5万美元的高管贷款协议,用于按标准市场条款进行认购。这些向塔加特先生和董事会发布的文件使执行管理层、董事会和股东的利益立即保持一致。
The participation by certain members of the Board of Directors and Mr. Taggart in the Private Placement will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The participation by such insiders in the Private Placement will be exempt from the valuation and minority approval requirements applicable to related party transactions in MI 61-101 on the basis that the value of the participation by such insiders in the Private Placement will be less than 25% of Cleantek's market capitalization. The Company anticipates filing a material change report less than 21 days prior to closing the Private Placement in order to provide the Company with access to the additional capital as expeditiously as possible.
某些董事会成员和塔加特先生参与私募将构成《在特殊交易中保护少数股权持有人多边文书》(“MI 61-101”)所指的 “关联方交易”。此类内部人士参与私募将不受适用于密歇根州61-101关联方交易的估值和少数股权批准要求的约束,理由是此类内部人士参与私募的价值将低于Cleantek市值的25%。公司预计,将在私募完成前不到21天提交一份重大变更报告,以便公司能够尽快获得额外资本。
About Cleantek Industries:
关于 Cleantek 工业公司:
Cleantek is a clean energy technology company focused on ESG accretive technology solutions with operations across North America. Cleantek has developed and commercialized its patented wastewater dehydration technology, the ZeroE, which it rents to its customers for use at gas processing facilities and on drilling rigs focused on hydro-sustainability. Cleantek's ZeroE technology separates wastewater into (i) clean water which is evaporated and returned to the natural hydrological cycle and (ii) concentrated brine which is disposed of using traditional means. The ZeroE technology is powered by the waste heat generated from the engine exhaust of gas plants and drilling rigs. Complimenting Cleantek's ZeroE technology is the suit of low carbon LED lighting systems containing our patented Solar Hybrid lighting systems and HALO Crown mounted lighting systems.
Cleantek是一家清洁能源技术公司,专注于ESG增值技术解决方案,业务遍及北美。Cleantek已开发并商业化了其专利污水脱水技术ZeroE,并将其出租给客户,用于天然气处理设施和专注于水力可持续性的钻机。Cleantek 的 ZeroE 技术将废水分成 (i) 蒸发后返回自然水文循环的清洁水,以及 (ii) 使用传统方法处置的浓缩盐水。ZeroE 技术由天然气厂和钻机发动机尾气产生的余热提供动力。与 Cleantek 的 ZeroE 技术相辅相成的是低碳发光二极管照明系统套装,包括我们获得专利的太阳能混合照明系统和安装在 HALO Crown 上的照明系统。
Riley Taggart, President & Chief Executive Officer
E-mail: rtaggart@cleantekinc.com
Riley Taggart,总裁兼首席执行官
电子邮件:rtaggart@cleantekinc.com
Orson Ross, Chief Financial Officer
E-mail: oross@cleantekinc.com
奥森·罗斯,首席财务官
电子邮件:oross@cleantekinc.com
Cleantek Industries Inc.
Tel: 403-567-8700
Cleantek 工业公司
电话:403-567-8700