Calgary, Alberta — July 18, 2023 —AdvEn Inc. (“AdvEn”) is thrilled to announce the appointment of Eloner Habtezghi as the newest member of its esteemed Board of Directors. With an illustrious career spanning over 25 years, Eloner brings a wealth of experience in M&A advisory, capital markets, and energy operations with global organizations. Her extensive knowledge and expertise in the energy, power, and commodity sectors make her an invaluable addition to the board.

Eloner Habtezghi is currently serving as a Managing Director at Siebert Williams Shank, a prominent woman and minority-owned investment bank in the United States. In her role, she co-leads the Strategic Advisory practice, delivering top-tier M&A and Financial Advisory services to clients. Ms. Habtezghi’s impressive professional journey includes pivotal positions at esteemed institutions like BNP Paribas, KPMG Corporate Finance, Banc of America Securities, and JPMorgan. Her portfolio showcases her involvement in originating and executing over $50 billion in financings for various sectors, including Industrials, US Public Utilities, Oil & Gas Majors, and E&P Independents. Additionally, she boasts a remarkable record of having executed over $6 billion in cross-border M&A transactions.

Eloner’s career journey started with operational and reservoir engineering roles at Phillips Petroleum Company, where she focused on conventional and unconventional resource basins in East Texas, North Louisiana, and Oklahoma. This unique blend of operational and financial experience sets her apart as a multi-faceted leader in the industry.

Beyond her outstanding professional achievements, Eloner Habtezghi is dedicated to making a positive impact on the community. She serves as a board member of ExpandED Schools, a non-profit organization committed to bridging the learning gap by enhancing educational experiences for young individuals in New York City.

Eloner holds a Bachelor of Science degree in Petroleum Engineering from the University of Oklahoma and an MBA from Southern Methodist University (SMU). Her diverse academic background and extensive hands-on experience make her a versatile asset to any organization.

“It is with great pleasure that we extend our warmest welcome to Eloner Habtezghi as the newest member of the AdvEn Board of Directors,” announced Dr. Grzegorz Ombach, the Chairman of AdvEn’s Board. “Her extensive proficiency in M&A, capital markets, and energy operations harmonizes seamlessly with our company’s overarching objectives and core principles. We hold the strong conviction that her invaluable insights will play a pivotal role in molding our strategic resolutions and driving AdvEn towards continued and enhanced success.”

Eloner Habtezghi’s appointment to AdvEn’s Board of Directors marks an exciting new chapter for the company. Her exceptional accomplishments and dedication to excellence promise a brighter future ahead.

About Us

AdvEn Inc. (formerly Nano Innovations Inc.), through its wholly owned subsidiary AdvEn Industries Inc., develops and commercializes carbon-centric advanced technologies converting petroleum refinery residues into non-combustible products for energy and environmental applications. AdvEn’s 36,000 ft2 manufacturing plant and research facility in Nisku, Alberta, Canada will initially produce up to 400 metric tons per year of advanced super activated carbon (“ASAC”) before scaling to 1,200 metric tons per year; and is also piloting the Company’s patented dry electrode super adhesive coatings (“ESAC”) process. Both ASAC and ESAC provide superior technical performance, reduced GHG emission and energy consumption with excellent cost efficiency.

AdvEn, ASAC and ESAC are trademarks of AdvEn in Canada and the United States.