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Home > Supplier Companies > Certarus Ltd. > News > CERTARUS ANNOUNCES LAUNCH...
Certarus Ltd.

CERTARUS ANNOUNCES LAUNCH OF STRATEGIC REVIEW

Feb 17, 2021
Calgary, Alberta (February 17, 2021) Certarus Ltd. (“Certarus” or the “Corporation”) hereby announces that it has initiated a review of strategic alternatives. In light of favourable market conditions and recent inbound interest, the Corporation is undertaking a full strategic review to explore alternatives to maximize shareholder value. The decision comes following a review by both the Board of Directors and Certarus management.
 
In connection with the strategic review process, Certarus has engaged J.P. Morgan and National Bank Financial Inc. as joint financial advisors.
 
The intention is to complete the strategic review process in a timely fashion; however, there is no assurance that the review process will result in pursuing or completing any transaction, and no timetable has been set for completion of this process. The Corporation will provide an update when further disclosure is appropriate.
 
ABOUT CERTARUS
 
Certarus is a privately held, profitable and rapidly growing energy transition company that is the North American market leader in providing low carbon energy solutions through a fully integrated compressed natural gas (CNG) platform. Our primary business is the creation of a virtual natural gas pipeline through the compression, transportation, and integration of CNG and renewable natural gas (RNG) for the energy, mining, forestry, utility, and industrial sectors. Our solutions target diesel and propane fuel displacement projects to lower operating costs and improve environmental performance. More recently, increased RNG demand and the developing hydrogen market have created new avenues for low carbon growth for the Corporation. For more information, visit www.certarus.com or contact:
 
Curtis Philippon
President & CEO
Certarus Ltd.
T: 1-403-852-1070
cphilippon@certarus.com
 
Clint Warkentin
Chief Financial Officer
Certarus Ltd.
C: 1‐403‐969‐4145
cwarkentin@certarus.com
 

Source: https://certarus.com/docs/Certarus_StrategicReview_NewsRelease_2021-02-17.pdf

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