AdvEn granted Occupancy Permit for Operations Facility in Niksu, AB

October 30, 2023, (Calgary, AB) – AdvEn Industries Inc., a wholly owned subsidiary of AdvEn Inc., received its occupancy permit today from the County of Leduc for its advanced super activated carbon (“ASAC”) manufacturing plant in Nisku, Alberta.

“This permit allows us to push ahead quickly to complete the plant commissioning and deliver product samples to potential customers,” said Michael Steele, interim CEO. “We expect the commissioning to take approximately 30 days as we advance into commercial production and begin scaling the plant.”

Initially, AdvEn’s Nisku plant is expected to produce 10 metric tons of high grade super activated carbon per month and then scaling to nearly 35 metric tons within six months.

Forward-looking Information

This news release and other publicly available documents, including the documents incorporated herein and therein by reference, contain, and our officers and representatives may from time to time make, “forward-looking statements”. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” “positions,” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding:

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Expected operating results, such as revenue growth and earnings.

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About AdvEn Inc.

AdvEn is contributing to a clean, sustainable environment by pioneering innovative, game-changing technology to convert oil refinery waste into non-combustible products for energy storage and purification. AdvEn’s Advanced Super Activated Carbon (ASAC) delivers remarkable performance in consistency, reliability, purity, cost, and sustainability and is built based on AdvEn’s patented technology. At the company’s manufacturing plant and research facility in Nisku, Alberta Canada, AdvEn is also conducting a dry electrode production pilot using its patented ESAC (Electrode Super Adhesive Coating) technology. ASAC and ESAC are trademarks of AdvEn in Canada and the United States.

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