YES Char Technologies Ltd

CharTech Solutions, a division of CHAR Technologies Ltd. (TSXV:YES), has partnered with Synagro Technologies, Inc., a preeminent provider of biosolid and residual solutions services, to demonstrate the performance of CharTech Solutions’ proprietary high-temperature pyrolysis (HTP) process to eliminate PFAS (Per- and polyfluoroalkyl substances) from biosolids, while generating renewable energy and biochar for wastewater treatment sites across North America.

The importance of eliminating PFAS, often referred to as 'forever chemicals', was recently highlighted and accelerated by the Biden Administration announcement that they will strictly limit the substances. In May 2022, the Canadian government proposed the Prohibition of Certain Toxic Substances Regulations, 2022 to also restrict PFAS further in Canada.

CharTech and Synagro are eager to demonstrate that Char’s HTP is a triple bottom-line solution for biosolids and PFAS elimination. HTP technology transforms organic waste streams (biomass, biosolids, and digestate) into valuable and renewable outputs. By heating biosolids at high temperatures in the absence of oxygen, the HTP process can destroy PFAS contaminants, fix carbon in the form of biochar, and produce renewable energy in the form of a high-calorific value and hydrogen-rich syngas. This syngas can be used in a variety of ways, including offsetting natural gas consumption for industrial processes, generating heat, and generating renewable electricity. Financial terms are not being disclosed at this time.

“CHAR and Synagro have been working together for three years to test and apply the HTP technology for biosolids to eliminate PFAS. Our partnership has evolved through each robust and detailed stage of the development process, and we are excited to move forward to deploy and demonstrate this innovative biosolids treatment technology at Synagro’s sites to validate HTP for commercial-scale applications,” said Andrew Friedenthal, CHAR’s Director of Business Development.

“Preliminary testing of HTP on biosolids has demonstrated the process can destroy PFAS contaminants, fix carbon in the form of biochar and produce renewable energy in the form of syngas,” said Donald Song, senior project engineer, Synagro. “The R&D unit will be self-contained with modules for feedstock handling, pyrolysis, biochar handling, gas clean-up and thermal oxidation and exhaust. The deployment of the R&D unit will establish pyrolysis’ operational requirements, fate of PFAS, emissions, and outputs at multiple locations. We believe this technology will be a powerful addition to our extensive experience in operating advanced thermal treatment processes for biosolids.”

“CharTech Solutions’ HTP technology presents an opportunity to transform biosolids into renewable and valuable outputs such as renewable energy and biochar, with the ultimate goal of decarbonizing industry and eliminating forever chemicals from our environment,” added CHAR’s CEO Andrew White.

About CHAR

CHAR Technologies Ltd. (TSXV:YES) has first-in-kind high temperature pyrolysis (HTP) technology which processes unmerchantable wood and organic wastes to simultaneously generate two renewable energy revenue streams; renewable natural gas (RNG) or green hydrogen and a solid biocoal that is a carbon neutral drop-in replacement for metallurgical steel making coal. CHAR’s HTP is an ideal waste to energy solution that aligns with the global green energy transition by diverting waste from landfills and generating sustainable clean energy to decarbonize heavy industry. Follow CHAR on LinkedIn, Twitter, YouTube or visit www.chartechnologies.com.

HTP Technology video

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About Synagro

Founded in 1986, Synagro Technologies, Inc. works to turn waste into worth by helping more than 1,000 municipal, industrial water and wastewater facilities, and agricultural partners in North America move toward safer, cleaner, and more environmentally beneficial practices. For some, it’s simply cleaning the water supply. For others, it’s much more – we partner with them to process their waste for compost or energy pellets, creating healthy soil and sequestering carbon in the process. As the largest recycler of organic by-products in North America, we’re trusted because we remove risks while keeping the logistics clean. Because we have the most experienced team in the industry, we can offer tailored solutions that ensure no waste goes to waste. Much of our work isn’t pretty. But it’s a greener world emerging from a cleaner one – worth coming from waste – and we think that’s pretty beautiful. Visit www.synagro.com to learn more. Follow Synagro on LinkedIn, Twitter and YouTube.

Contacts:Andrew FriedenthalBusiness Development ManagerCHAR Technologies Ltdafriedenthal@chartechnologies.com

Andrew WhiteCEOCHAR Technologies Ltdandrew.white@chartechnologies.com

John GoodwinSenior Vice President, EngineeringSynagro Technologies, Inc.jgoodwin@synagro.com

Donald SongSenior Project EngineerSynagro Technologies, Inc.dsong@synagro.com

Richard R. Ruberti, Sr.Director, CommunicationsSynagro Technologies, Inc.rruberti@synagro.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this news release.

Forward-Looking Statements

Statements contained in this press release contain “forward-looking information” within the meaning of Canadian securities laws (“forward-looking statements”) about CHAR and its business and operations. The words "may", "would", "will", "intend", "anticipate", "expect" and similar expressions as they relate to CHAR, are intended to identify forward-looking information. Such statements reflect CHAR’s current views and ‎intentions with respect to future events, and current information available to CHAR, and are subject to ‎certain risks, uncertainties and assumptions, including those risk factors discussed or referred to in CHAR’s disclosure documents filed with the securities regulatory authorities in certain provinces of Canada, including the Management Discussion & Analysis dated January 31, 2022 and available under CHAR’s profile on www.sedar.com. Any such forward-looking information is expressly qualified in its ‎entirety by this cautionary statement. Moreover, CHAR does not assume responsibility for the accuracy or ‎completeness of such forward-looking information. The forward-looking information included in this press release ‎is made as of the date of this press release and CHAR undertakes no obligation to publicly update or revise ‎any forward-looking information, other than as required by applicable law.