Xebec Announces Inclusion in DOE Project to Enable Economical Biomethane Production

  MONTREAL, (QC), July 11, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (“Xebec”), a global provider of clean energy solutions is pleased to announce today its inclusion in the U.S. Department of Energy’s (DOE) US$24 million commitment to a public-private collaboration funding 77 energy technology projects. With matching funds from the private sector, the…

Xebec Announces $10 Million Bought Deal Public Offering of Units

  Montreal, June 11, 2019 – Xebec Adsorption Inc. (“Xebec” or the “Corporation”) (TSXV:XBC) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Desjardins Capital Markets (the “Underwriters”) pursuant to which the Underwriters have agreed to purchase on a bought deal basis 7,200,000 units (the “Units”) at…

Xebec Reports Record Q1, 2019 with a 206% Increase in Revenue

  MONTREAL (QC), May 28th, 2019 – Xebec Adsorption Inc. (TSXV: XBC – OTC: XEBEF) (“Xebec”), a global provider of gas generation, purification and filtration solutions announced today its 2019 first quarter results, with the following highlights: Record revenues of $9.8 million in the first quarter of 2019 compared to $3.2 million for the same period in…

Xebec Announces Q1 2019 Results on May 28th

  MONTREAL, (QC), May 16th, 2019 – Xebec Adsorption Inc. (TSXV: XBC, OTC: XEBEF) (“Xebec”), a global provider of renewable gas solutions will be releasing its Q1, 2019 results on May 28th, 2019 before the market opens. Quotes: “We look forward to updating our shareholders on our results to date as 2019 promises to be a…

Xebec Provides Update on Asian Renewable Natural Gas Market

MONTREAL, (QC), April 29th, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (“Xebec”), a global provider of renewable natural gas (RNG) solutions, is pleased to note that the Chinese National Development and Reform Commission (NDRC), announced a new initiative on March 1st 2019, to use biogas to partially replace coal in rural areas. China plans…

Xebec Announces 4Q and Full Year 2018 Financial Results

  MONTREAL (QC), April 17, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (FRANKFURT: XB6) (“Xebec”), a global provider of clean energy solutions announces its 2018 fourth quarter and full year financial results. A new accounting policy method regarding revenue recognition – IFRS15 – has been applied. As a result, the financial statements reflect the…

New IFRS 15 Standard Causes Xebec to Update Guidance

  MONTREAL, (QC), April 11th, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (FRANKFURT: XB6) (“Xebec”),a global provider of clean energy solutions announced today that revenue and earnings guidance previously given for the 2018 and 2019 calendar years must be updated as a result of the application of new IFRS 15 accounting standard. Under IFRS…

Xebec Receives Another Significant Order in Italy

  MONTREAL, (QC), March 12th, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (FRANKFURT: XB6) (“Xebec”), a global provider of renewable gas solutions has signed a CDN$6+ million contract for a landfill biogas upgrading plant in Italy, to be delivered in late 2019. Fully operational, it will produce ~5 million m3 of carbon neutral Renewable…

Xebec’s First Italian Renewable Natural Gas Project is Operational

  MONTREAL, (QC), January 28th, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (FRANKFURT: XB6 (“Xebec”), a global provider of clean energy solutions is pleased to announce that its first project in Italy – a biogas upgrading plant in Modena, Italy – is now operational. The AIMAG installation is successfully producing revenue-generating pure biomethane, also…