An anonymous director reports

ANAERGIA ANNOUNCES STRATEGIC INVESTMENT UPDATE

Anaergia Inc. says that closing of the $13.6-million first tranche of the previously announced equity investment of $40.8-million from Marny Investissement SA is expected to occur on or about Jan. 23, 2024, due to a delay in the transmission of payment. The company will provide a further update once the foregoing funds are received and closing has occurred.

The 34 million units of the company in respect of the first tranche will be released following Anaergia's receipt of the gross proceeds of the $13.6-million. Each unit consists of one subordinate voting share of the company and one-fifth of one subordinate voting share purchase warrant of the company. Each warrant entitles the holder to purchase one additional subordinate voting share at an exercise price of 80 cents for a period of three years following the date hereof.

Please refer to the company's news releases dated Dec. 18, 2023, and Jan. 2, 2024, for more information with respect to the strategic investment.

About Anaergia Inc.

Anaergia was created to eliminate a major source of greenhouse gases (GHGs) by cost-effectively turning organic waste into renewable natural gas (RNG), fertilizer and water through the use of proprietary technologies.

We seek Safe Harbor.