10:38:54 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Arev Nanotec Brands Inc
Symbol AREV
Shares Issued 16,957,807
Close 2021-01-14 C$ 0.31
Market Cap C$ 5,256,920
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Arev Nanotec achieves high-capacity extraction

2021-01-14 10:41 ET - News Release

Mr. Mike Withrow reports

AREV ACHIEVES HIGH CAPACITY NANOTECHNOLOGY EXTRACTION

Arev Nanotec Brands Inc. has achieved high-capacity continuous throughput with its ethanol system applications.

The company's system consists of a custom industrial chiller unit that chills down to minus 55 C and can be lowered using additional readily available chemistry. The coolant is plumbed directly into jacketed equipment that is integrated into its proprietary extraction systems. Fluid extracted from plant material typically contains waxes that need to be removed by a winterization and filtration process. These waxes have previously been viewed as disposable. Now, they can be used in cosmetics and food-grade lubricants.

The company's extraction methods also separate targeted phytocompounds into fractions of nanoparticulates, which are used in natural health products, medicinal formulations and to fortify foods. These particulates have increased bioavailability due to their minute size and ability for the body to uptake the ingredients.

Certain washed biomass can be recycled by grinding the material and running through the company's nanotechnology equipment. For example, processed bask material turned to carbon from hemp can be sold for use in wafer battery technology that has demonstrated to outperform lithium batteries. The washed biomass can also be used in fermentation tanks to produce ethanol and in turn can be pelletized and used in animal feed, which makes a truly zero-waste byproduct. These are only some of the innovations Arev has in the development pipeline.

Mike Withrow, chief executive officer, commented: "We are resourceful and that resourcefulness has led to innovation. These are the kind of things that bring high-margin products to market. Making quality finished products for people and pets are good for health and also good for the planet."

The company has issued 100,000 stock options to directors, officers and consultants of the company at a price of 31 cents for a period of five years from the issuance dated. These options will vest immediately.

About Arev Nanotec Brands Inc.

Arev Nanotec Brands produces and sells functional ingredients produced through its proprietary extraction systems. These premium ingredients and products are targeted for the natural health, medical, functional food, nutraceutical and sport nutrition markets. Arev's model is to toll process extraction of targeted essential and functional oils and license its formulations to licensed producers in Canada. The company utilizes toll processors in foreign countries to encapsulate and package its formulations that can be sold in traditional distribution channels and on-line.

We seek Safe Harbor.

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