Mr. Jeff Allison reports

DELTA ANNOUNCES PRIVATE PLACEMENT

Delta Cleantech Inc. has reserved for issuance 21.25 million units at a price of two cents per unit, for the gross proceeds of $425,000. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of Delta at an exercise price of five cents per warrant share, for a period of five years after the date of issuance.

The private placement is a non-brokered private placement, and, upon receipt of funds, units will be issued to arm's-length parties. Currently Delta has 63,823,100 common shares and 19,261,500 warrants issued and outstanding, and, after issuance of the units, will have 85,073,100 common shares and 29,886,500 warrants issued and outstanding.

The company will not hold a shareholder meeting to obtain approval of the private placement, and is relying on Section 4.6(2)(b) of the CSE (Canadian Securities Exchange) Policy 4 -- Corporate Governance Security Holder Approvals and Miscellaneous Provisions as it requires the proceeds in immediately available funds to be utilized for working capital. Delta has obtained CSE price protection for the units, and has received and is in the process of receiving additional subscription agreements. No related person is participating in the private placement, and the board of directors has determined that the private placement is in the best interest of Delta, is reasonable in the circumstances, and that it is not feasible to obtain securityholder approvals or to complete a rights offering to existing securityholders on the same terms, due to the immediate requirement for the working capital.

All securities issuable under the private placement will be subject to a statutory hold period lasting four months and one day following the closing of the private placement.

Delta Cleantech is a 19-year, ESG (environmental, social, governance) driven, recognized technology leader in carbon dioxide capture, decarbonization of energy, solvent and glycol reclamation, methane destruction, 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, and, through its affiliate Carbon RX, is originating, validating, digitizing and streaming carbon credits.

(1) See Budget Canada website.