Mr. Jeff Allison reports

DELTA PARTICIPATES IN $1.5 MILLION GREEN FUTURES GRANT RECENTLY AWARDED TO UNIVERSITY OF GUELPH FOR CO2 CAPTURE RESEARCH

Delta Cleantech Inc. will participate in the $1.5-million Green Futures grant awarded to University of Guelph.

Recently, the University of Guelph received a $1.5-million Green Futures grant from the federal government of Canada Natural Sciences and Engineering Research Council (NSERC) alliance program.

The goal of the program is to cause a monumental shift in carbon capture technology, in order to combat climate change. By means of an innovative combination of artificial intelligence (AI) and molecular-based theory. The objective is to develop new solvents that will reduce the cost of the CO2 (carbon dioxide) capture process.

Delta is a financing partner of this program and will benefit from the intellectual property developed throughout the five-year research period.

Jeff Allison, chief executive officer of Delta, remarks: "Delta continuously researches and develops new technologies to stay on top of the rapidly evolving CO2 capture market. Solvents that absorb CO2 from the flue gas are one of the most important aspects of commercially proven postcombustion CO2 capture processes. Researchers at the University of Guelph, based on peer-reviewed published papers, are leaders in new solvent development. Our support of their research will benefit Delta in providing more efficient and cost-effective CO2 capture solutions to our customers."

Delta remains zealous in researching and developing ways to reduce the cost of CO2 capture by using innovative processes such as: (1) modular design for oil field fabrication techniques; (2) improving solvent recycling by using its patented solvent reclaimer process; and (3) identifying solvent enhancements to improve its ability to absorb more CO2 by using less heat.

All of these factors incrementally reduce the cost of CO2 capture, which, in turn, makes the cost of capture more affordable to those companies eagerly looking to reduce their emissions profile.

Mr. Allison added, "We look forward to the innovative learnings that will come from our new partnership with the University of Guelph."

About Delta Cleantech Inc.

Delta is a 19-year ESG-driven (environmental, social, governance), recognized global technology leader in CO2 capture, decarbonization of energy, solvent and glycol reclamation, 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.

We seek Safe Harbor.