01:37:05 EDT Wed 22 May 2024
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Greenlane Renewables Inc
Symbol GRN
Shares Issued 153,013,239
Close 2023-08-14 C$ 0.24
Market Cap C$ 36,723,177
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Greenlane confirms appointment of Kane as CEO

2023-08-15 01:49 ET - News Release

Mr. Brad Douville reports


Greenlane Renewables Inc. has confirmed the appointments of Brad Douville as vice-chair of the board of directors and executive vice-chair while Ian Kane is president and chief executive officer. These appointments, as previously announced on June 8, 2023, mark an important next step in the execution of Greenlane's strategic plan and represent a significant addition to its leadership team. Mr. Kane has also been appointed to the company's board of directors.

Mr. Douville continues to bring to Greenlane, on a full-time basis, his extensive experience and proven record in the renewable natural gas (RNG) industry. With a strong strategic vision and a deep understanding of biogas upgrading technology and the overall RNG industry, he is poised to drive Greenlane's continued growth and success focusing on key strategic initiatives aiming to unlock the tremendous untapped potential that the company sees in the global RNG industry.

Mr. Kane is a proven leader who has demonstrated his skill in optimizing company growth and financial performance after the start-up phase. In his new role as president and CEO, he will lead the company's profitable execution of its new strategic plan, working closely with the team to ensure Greenlane's objectives are met with excellence.

About Greenlane Renewables Inc.

Greenlane is a pioneer in the rapidly growing renewable natural gas (RNG) industry. As a leading global provider of biogas upgrading systems, it is helping to clean up two of the largest and most difficult to decarbonize sectors of the global energy system: the natural gas grid and the commercial transportation sector. Its systems produce clean, low-carbon and carbon-negative RNG from organic waste sources such as landfills, waste water treatment plants, and agricultural and food waste streams. To the company's knowledge, Greenlane is the only biogas upgrading company offering and actively deploying the three main technologies: water wash, pressure swing adsorption and membrane separation. Greenlane's business has been built on over 35 years of industry experience, and patented and proprietary technology, with over 140 biogas upgrading systems sold into 19 countries, including some of the largest RNG production facilities in the world, and over 140 biogas desulphurization units sold.

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