Xebec Obtains Creditor Protection under the CCAA to Pursue Restructuring and Commence Court-Approved Sale and Investment Solicitation Process

Financial News, News

By Brandon Chow

MONTRÉAL, QC, September 29, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Corporation”), a global provider of sustainable gas solutions, announced today that the Superior Court of Québec (the “Court”) has granted the Corporation’s application for an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (the “CCAA”). Xebec intends to…

Xebec Seeks Creditor Protection Under the Companies’ Creditors Arrangement Act

Financial News, News

By Brandon Chow

MONTRÉAL, QC, September 29, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Corporation”), a global provider of sustainable gas solutions, announces that it will file today an application with the Superior Court of Québec (the “Court”) for an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (the “CCAA”) and seek…

Xebec Announces Q2 2022 Financial Results

Financial News, News

By Brandon Chow

(All financial figures are in Canadian dollars unless otherwise noted) MONTRÉAL (QC), August 11, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Company”), a global provider of sustainable gas technologies, announced today its 2022 second quarter results, with the following highlights: Second Quarter 2022 Highlights Revenues of $44.5 million compared to $32.7 million for…

Xebec to Announce Q2 2022 Results on August 11 and Host Investor Webinar

Financial News, News

By Brandon Chow

MONTREAL, (QC), August 5, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, will announce its 2022 second quarter financial results on Thursday, August 11, 2022, before the market opens at 7:00 AM EDT, followed by a webinar at 8:30 AM EDT (5:30 AM PDT). Xebec invites shareholders, analysts,…

Xebec Announces Development in Centers of Excellence Framework in North America

Financial News, News

By Brandon Chow

MONTREAL, (QC), July 13, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Company”), a global provider of sustainable gas technologies, announced today a development with its previously announced Centers of Excellence (“COE”) Framework to ensure the Company’s global footprint becomes more effective and product focused. Effective today, Xebec has made the difficult decision…

Xebec Announces PSA Supply Agreement with Haffner Energy for Cost-Effective Green Hydrogen Production

Financial News, News

By Brandon Chow

MONTREAL, (QC), June 22, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, is pleased to announce today that it has signed an agreement to supply its proprietary Pressure Swing Adsorption (“PSA”) technology to support the deployment of Haffner Energy’s (PA: ALHAF) HYNOCA® solution. HYNOCA® is a unique and…

Xebec Announces Voting Results from Annual Meeting of Shareholders

Financial News, News

By Brandon Chow

MONTRÉAL (QC), May 13, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Corporation”), a global provider of clean energy solutions, in   accordance   with   Toronto   Stock   Exchange   requirements, announced the voting results from its Annual Meeting of Shareholders which was held on virtually on Thursday May 12, 2022. All seven (7) nominees listed in…

Xebec Announces Q1 2022 Financial Results

Financial News, News

By Brandon Chow

(All financial figures are in Canadian dollars unless otherwise noted) MONTRÉAL (QC), May 12, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Company”), a global provider of sustainable gas technologies, announced today its 2022 first quarter results, with the following highlights: First Quarter 2022 Highlights Revenues of $41.2 million compared to $20.6 million Gross…

Xebec to Announce Q1 2022 Results on May 12 and Host Investor Webinar

Financial News, News

By Brandon Chow

MONTREAL, (QC), April 28, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, will announce its 2022 first quarter financial results on Thursday, May 12, 2022, before the market opens at 7:00 AM EDT, followed by a webinar at 8:30 AM EDT (5:30 AM PDT). Xebec invites shareholders, analysts,…

Xebec Announces $113.5M Order for CO2 Capture and Sequestration Equipment with Summit Carbon Solutions

Financial News, News

By Brandon Chow

MONTREAL, (QC), April 12, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, is pleased to announce today that its subsidiary Xebec Systems USA LLC, has signed a contract valued at USD113.5 million (CAD143.2 million) with Iowa-based SCS Carbon Removal LLC, a subsidiary of Summit Carbon Solutions. The contract…

Xebec Announces MOU for CO2 Capture and Sequestration Equipment with Summit Carbon Solutions

Financial News, News

By Brandon Chow

MONTREAL, (QC), March 28, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, is pleased to announce today that it has signed a Memorandum of Understanding (“MOU”) with Iowa-based SCS Carbon Removal LLC, a subsidiary of Summit Carbon Solutions. The MOU supports the negotiation of an order in excess…

Xebec Announces Accelerated CEO Transition

Financial News, News

By Brandon Chow

MONTREAL, (QC), March 17, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, announces that in recognition of the accelerated progress made to date in transitioning Jim Vounassis into the role of President and CEO of Xebec, it has been determined to advance the formal date of such transition…

Xebec Announces Q4 and Year End 2021 Financial Results

Financial News, News

By Brandon Chow

MONTREAL (QC), March 17, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, announced today its 2021 fourth quarter and year end results, with the following highlights: Fourth Quarter 2021 Highlights Revenues of $45.9 million compared to $6.4 million Gross margin of $10.3 million (22%) compared to ($11.4) million (-180%)…

Xebec Announces Board Resignation of Karen Nielsen

Financial News, News

By Brandon Chow

MONTREAL, (QC), February 24, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, announced today that Karen Nielsen, has resigned as a member of Xebec’s Board of Directors as of February 23, 2022. Ms. Nielsen has recently relocated after accepting a position as an energy transition executive. As a…

Xebec to Host First Investor Day in Colorado on March 29, 2022

Financial News, News

By Brandon Chow

MONTREAL, (QC), February 23, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, is pleased to announce today that it will hold its first investor day, in person and on livestream, on Tuesday, March 29, 2022, in Denver, Colorado. The event will begin at 11:00 AM MST (1:00 PM…

Xebec Announces Succession Plan to Next Generation Leadership

Financial News, News

By Brandon Chow

MONTREAL, (QC), February 8, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, announces today that Kurt Sorschak will retire as Chairman, President and CEO effective May 12, 2022, at the company’s 2022 annual meeting of shareholders. Jim Vounassis will concurrently be appointed President and CEO of Xebec. At…

Xebec Signs Supply Agreement with Air Liquide for North American Based Helium Projects

Financial News, News

By Brandon Chow

MONTREAL, (QC), February 4, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, is pleased to announce today that it has signed an agreement for the exclusive supply of Xebec’s pressure swing adsorption (“PSA”) technology to Air Liquide Advanced Technology US, part of the Air Liquide group (EPA: AI),…

Xebec Announces On-site Electrolyser Order from Desmet Ballestra for Food Hydrogenation

Financial News, News

By Brandon Chow

MONTREAL, (QC), February 1, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, is pleased to announce today that it has signed a contract with Belgium-based Desmet Ballestra Group (“Desmet Ballestra”) to deliver the company’s first Hy.GEN-e on-site electrolyser unit for a food application. The electrolyser system which produces…

Xebec Announces Q3 2021 Financial Results

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By Brandon Chow

MONTREAL (QC), November 11, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, announced today its 2021 third quarter results, with the following highlights: Revenues of $26.7 million for the three-month period ended September 30, 2021, compared to $18.4 million for the same period the prior year. Gross margin of…

Xebec Acquires Colorado-based UECompression to Establish North America’s Leading Renewable Natural Gas and Hydrogen Manufacturing Facility

Financial News, News

By Brandon Chow

Key Transaction Highlights Acquisition of Denver area based UECompression (“UEC”) to expand North American production capacity five-fold for a total of 150 to 190 containerized BGX Biostream™ (“Biostream) and Hy.GEN® hydrogen units per year to meet accelerating U.S. demand for standardized renewable gas systems Further optimizes global manufacturing footprint by bringing Xebec’s European gas generation…

Xebec to Announce Q3 2021 Results on November 11 and Host Investor Webinar

Financial News, News

By Brandon Chow

MONTREAL, (QC), October 28, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, will announce its 2021 third quarter financial results on Thursday, November 11, 2021, before the market opens at 7:00 AM EST, followed by a webinar at 8:30 AM EST (5:30 AM PST). Xebec invites shareholders, analysts,…

Xebec Receives EU Research Grant to Design and Build 1 MW Electrolyser System for Production of Sustainable Liquid Fuels

Financial News, News

By Brandon Chow

MONTREAL, (QC), October 21, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce today that it has received a research grant to design and manufacture a new type of electrolyser system. Under the ECO2Fuel consortium, the total approved budget of €20.1 million (CAD $28.9 million)…

Xebec Announces BGX Biostream™ Orders from Brightmark and Chevron Renewable Natural Gas Partnership

Financial News, News

By Brandon Chow

MONTREAL, (QC), October 6, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce today that it has signed the first set of task orders under the previously announced Master Service Agreement (“MSA”) for an initial 18 BGX-Biostream™ (“Biostream”) units with Brightmark RNG Holdings LLC. Brightmark…

Xebec Announces Q2 2021 Financial Results

Financial News, News

By Brandon Chow

MONTREAL (QC), August 12, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, announced today its 2021 second quarter results, with the following highlights: Record revenues of $32.7 million for the three-month period ended June 30, 2021, compared to $19.6 million for the same period the prior year. Adjusted EBITDA…

Xebec Welcomes Mr. Brian Levitt to Board of Directors

Financial News, News

By Brandon Chow

MONTREAL, (QC), August 11, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that Mr. Brian Levitt has joined Xebec’s Board of Directors, effective today. Mr. Levitt was previously a special advisor to the Board, providing counsel with respect to strategic, commercial and corporate finance…

Xebec to Announce Q2 2021 Results on August 12 and Host Investor Webinar

Financial News, News

By Brandon Chow

MONTREAL, (QC), July 29, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, will announce its 2021 second quarter financial results on Thursday, August 12, 2021, before the market opens at 7:00 AM EST, followed by a webinar at 8:30 AM EDT (5:30 AM PDT). Xebec invites shareholders, analysts,…

Xebec Announces Master Service Agreement for BGX Biostream™ units with Leading U.S. RNG Dairy Farm Developer and Starts Production of 30 Systems

Financial News, News

By Brandon Chow

MONTREAL, (QC), July 6, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce today that it has signed a Master Service Agreement (“MSA”) with a leading U.S.-based renewable natural gas (“RNG”) dairy farm project developer for the purchase of BGX Biostream™ (“Biostream”) units. The MSA…

Xebec Announces Director Election Results

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By Brandon Chow

MONTREAL, (QC), June 29, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, announces that all eight (8) nominees listed in the management information circular dated May 18, 2021 (the “Circular”), were elected as directors of Xebec at its Annual and Special Meeting of Shareholders which was held on…

Xebec Commissions Gas-as-a-Service On-site Hydrogen Generation System for Turkey’s First Lubricant Recycling Plant

Financial News, News

By Brandon Chow

MONTREAL, (QC), June 23, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce today that its wholly owned subsidiary HyGear, has successfully commissioned an on-site hydrogen generation system for TAYRAŞ’ used lubricant oil re-refinery in Turkey. Approximately 560 kg of hydrogen per day (205 tons…

Xebec Acquires Tiger Filtration to Leverage Recurring Element and Filter Manufacturing Platform for Renewable Gases

Financial News, News

By Brandon Chow

MONTREAL, (QC), June 14, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that on June 11, 2021, it has closed the acquisition of all the outstanding shares of United Kingdom based Tiger Filtration (“TFL”). The acquisition of TFL will provide Xebec with a very…

Xebec Signs 10-year Gas-as-a-Service Contract for Hydrogen Recycling

Financial News, News

By Brandon Chow

MONTREAL, (QC), June 9, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce today that its wholly owned subsidiary HyGear, has signed a 10-year hydrogen recycling Gas-as-a-Service contract with one of the largest glass manufacturers in the world. The pay-per-use contract is valued at approximately…

Xebec Announces Appointment of Chief Operating Officer and VP Global Operations

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By Brandon Chow

MONTREAL, (QC), May 19, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce Jim Vounassis will be appointed as Chief Operating Officer (“COO”) and Mike Munro will join as the company’s first Vice President Global Operations effective May 31, 2021. Mr. Vounassis is a transformational…

Xebec Announces Q1 2021 Financial Results

Financial News, News

By Brandon Chow

MONTREAL (QC), May 13, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, announced today its 2021 first quarter results, with the following highlights: Revenues increased by $8.4 million to $20.6 million for the three-month period ended March 31, 2021, compared to $12.2 million for the same period the prior…

Xebec Expands U.S Manufacturing Capacity with Acquisition of Tennessee Based Nortec

Financial News, News

By Brandon Chow

MONTREAL, (QC), May 3, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce on April 30, 2021, it has closed the acquisition of all the outstanding shares of Tennessee based Nortekbelair Corporation (“Nortec”). Nortec’s principal, Mike Zarif, Ph.D, will remain with Nortec after the acquisition…

Xebec to Announce Q1 2021 Results on May 13 and Host Investor Webinar

Financial News, News

By Brandon Chow

MONTREAL, (QC), April 29, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, will announce its 2021 first quarter financial results on Thursday, May 13, 2021 before the market opens at 7:00 AM EST, followed by a webinar at 8:30 AM EST (5:30 AM PST). Xebec invites shareholders, analysts,…

Xebec Welcomes Ms. Karen Nielsen to Board of Directors

Financial News, News

By Brandon Chow

MONTREAL, (QC), April 7, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that Ms. Karen Nielsen has joined Xebec’s Board of Directors effective today. Ms. Nielsen was formerly the Chief Development Officer at Seven Generations Energy Ltd (TSX: VII), an energy producer dedicated to…

Xebec Announces Q4 and Full Year 2020 Financial Results

Financial News, News

By Brandon Chow

MONTREAL (QC), March 25, 2021 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, announced today its 2020 fourth quarter and full year results, with the following highlights: Revenues increased by $7.2 million to $56.5 million for the twelve-month period ended December 31, 2020, compared to $49.3 million for the same…

Xebec Comments on Filing of Lawsuit

Financial News, News

By Brandon Chow

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL (QC), March 16, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Corporation”), has become aware that a legal proceeding in the Québec Superior Court (Class Actions Division) in the District of Montréal, has been issued initiating a…

Xebec and Coregas Partner to Accelerate Development of Hydrogen Ecosystems in Australia and New Zealand

Financial News, News

By Brandon Chow

MONTREAL, (QC), March 15, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that its wholly owned subsidiary HyGear, and Coregas, a Wesfarmers (ASX: WES) company, signed a Memorandum of Understanding (“MOU”) to develop a robust ecosystem for the deployment of highly efficient hydrogen supply…

Xebec Provides Updated 2020 Guidance

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By Brandon Chow

MONTREAL, (QC), March 12, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, announced today that the Company is in the process of finalizing its financial results for the fourth quarter and year ended December 31, 2020, which will be released on March 25th, 2021.  As a result of…

Xebec Announces $59M in Credit Facilities from National Bank of Canada

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By Brandon Chow

MONTREAL, (QC), February 24, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions for renewable and low carbon gases, announced today that it has secured credit facilities with National Bank of Canada’s Technology and Innovation Banking Group for a total value of up to $59.25 million CAD. The expanded…

Xebec Completes Acquisition of Inmatec

Financial News, News

By Brandon Chow

MONTREAL, (QC), February 22, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions for renewable and low carbon gases, is pleased to announce today that it is proceeding with the closing of the previously announced acquisition of Inmatec Gase Technologie GmbH & Co. KG, Inmatec GmbH and Inmatec Gas…

Xebec Launches Hydrogen Supply Strategy in the United Kingdom

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By Brandon Chow

MONTREAL, (QC), February 16, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions for renewable and low carbon gases, is pleased to announce that its wholly owned subsidiary HyGear, has signed a Gas-as-a-Service (“GaaS”) contract with Saint-Gobain Glass (EPA: SGO) for a 15-year term. Saint-Gobain Glass is one of…

Xebec Announces Organizational Changes

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By admin

MONTREAL, (QC), February 12, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Corporation”), a global provider of clean energy solutions for renewable and low carbon gases, today announced that effective immediately, Mr. Marinus Van Driel, who joined Xebec through its recent acquisition of HyGear, has been appointed to lead Xebec’s global hydrogen operations as…

Xebec Announces Hydrogen Order for FuelCell Energy’s Port of Long Beach Project

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By Brandon Chow

MONTREAL, (QC), February 11, 2021 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions for renewable and low carbon gases, is pleased to announce that it has received a hydrogen purification system order from FuelCell Energy, Inc. (NASDAQ: FCEL). FuelCell Energy is an innovator and manufacturer of fuel cell clean…

Xebec Completes Transformative Acquisition of HyGear

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By admin

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ALL FIGURES IN CANADIAN DOLLARS UNLESS OTHERWISE STATED  MONTREAL (QC), December 31, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec” or the “Corporation”), a global provider of clean energy solutions, is pleased to announce that it has closed its previously announced acquisition…

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Xebec Closes Previously Announced Upsized Public Offering and Concurrent Private Placement

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By Brandon Chow

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ALL FIGURES IN CANADIAN DOLLARS UNLESS OTHERWISE STATED MONTREAL (QC), December 30, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec” or the “Corporation”), a global provider of clean energy solutions, is pleased to announce that it has closed its previously…

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Xebec Announces Appointment of Chief Financial Officer

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By admin

MONTREAL, (QC), November 10th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that effective immediately, Stéphane Archambault has been appointed as Chief Financial Officer (“CFO”). Mr. Archambault will succeed Louis Dufour, who will step down as CFO after four years at Xebec. Mr. Dufour…

Xebec Announces Q3 2020 Financial Results

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By admin

MONTREAL (QC), November 10th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (« Xebec » ou la « société »), a global provider of renewable gas solutions announced today its 2020 third quarter and nine-month period results, with the following highlights: Revenues of $18.4 million in the third quarter of 2020 compared to $13.2 million for the same period in…

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Xebec Expands Cleantech Service Network with Acquisition of Pennsylvania Based The Titus Company

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By admin

MONTREAL, (QC), November 2nd, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce it has entered into an agreement effective October 30th, 2020, to acquire all of the outstanding shares of “The Titus Company” (Titus). Titus’ principals will remain with Titus after the acquisition to…

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Xebec to Announce Q3 2020 Results on November 10 and Host Investor Webinar

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By admin

MONTREAL, (QC), October 27th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, will announce its 2020 third quarter financial results on Tuesday, November 10th, 2020 before the market opens at 8:00 AM EDT, followed by a webinar at 11:00 AM EDT (8:00 AM PDT). Xebec invites shareholders, analysts,…

Xebec Hires Senior Executives to Support Next Phase of Growth

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By admin

MONTREAL, (QC), October 13th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (« Xebec »), a global provider of clean energy solutions, is pleased to announce today two key management hires. Nathalie Théberge is Xebec’s first Vice President, Legal Affairs & Corporate Secretary. Ms. Théberge is a seasoned corporate lawyer with solid experience in the renewable energy industry.…

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Xebec Announces Grant of Deferred Share Units

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MONTREAL, (QC), September 21st, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce it has granted deferred share units (“DSUs”) under the Corporation’s Stock Incentive Compensation Plan. A total of 66,232 DSUs were granted to directors of the board and a consultant of Xebec. The…

GNR Québec Capital Announces the Appointment of Gérard Mounier as President and General Manager

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By admin

MONTREAL, Quebec, September 17, 2020 – GNR Québec Capital L.P. (“GNR Québec Capital”), an investment fund dedicated to increasing the conversion of waste into renewable natural gas (RNG) in the Province of Québec, is pleased to announce the appointment of Mr. Gérard Mounier as President and General Manager of GNR Quebec Capital Management Inc. MONTREAL,…

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Xebec Expands Cleantech Service Network with Acquisition of British Columbia Based Applied Compression Systems

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MONTREAL, (QC), September 1st, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce that the Company has entered into an agreement effective August 31st, 2020, to acquire all of the outstanding securities of Applied Compression Systems Ltd. (“ACS”). ACS’ principals will remain with ACS after…

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Xebec Releases Inaugural Annual Sustainability Report

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MONTREAL, (QC), August 31st, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to release today its inaugural 2019 ESG Report, highlighting its approach to sustainability and setting a baseline for managing and reporting on its material environmental, social, and governance (“ESG”) issues. “Gross Domestic Product growth and…

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Xebec Welcomes Ms. Sara Elford to Board of Directors

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MONTREAL, (QC), August 26th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce today that Ms. Sara Elford has joined Xebec’s Board effective August 25th, 2020. Ms. Elford is a current board member of BioSyent Inc. and BQE Water Inc., both are TSX-V listed companies. She…

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Xebec Releases Inaugural Annual Sustainability Report

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MONTREAL, (QC), August 31st, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to release today its inaugural 2019 ESG Report, highlighting its approach to sustainability and setting a baseline for managing and reporting on its material environmental, social, and governance (“ESG”) issues. “Gross Domestic Product growth and…

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Xebec Announces Q2 2020 Financial Results

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MONTREAL, (QC), August 11th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of renewable gas solutions is pleased to announce today its 2020 second quarter and six-month periods results, with the following highlights: Record revenues of $19.6 million in the second quarter of 2020 compared to $12.8 million for the same period in…

Xebec Announces Partnership with CarbonQuest to Reduce Carbon Emissions from Buildings

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By admin

MONTREAL, (QC), August 10th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce it has signed an exclusive partnership agreement with CarbonQuest to reduce carbon emissions in New York City buildings. Xebec’s CO2 separation technology, specifically designed for this application, will be integrated into CarbonQuest’s Building…

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Xebec Expands Cleantech Service Network with Acquisition of North Carolina Based Air Flow

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MONTREAL, (QC), August 4th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce that Xebec Holding USA Inc, a wholly-owned subsidiary of Xebec Adsorption Inc., has entered into an agreement effective July 31st, 2020, to acquire all of the outstanding securities of Enerphase Industrial Solutions, Inc.…

Xebec to Announce Q2 2020 Results on August 11 and Host Investor Webinar

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By admin

MONTREAL, (QC), July 29th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, will announce its 2020 second quarter financial results on Tuesday, August 11th, 2020 before the market opens at 8:00 AM EDT, followed by a webinar at 11:00 AM EDT (8:00 AM PDT). Xebec invites shareholders, analysts,…

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Xebec Announces Results of the 2020 Annual and Special Meeting

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MONTREAL, (QC), July 9th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec” or the “Company”), a global provider of clean energy solutions is pleased to announce the results of its Annual and Special Meeting of shareholders held on June 25, 2020 in a virtual format only. Election of Directors All nominees listed in the Corporation’s…

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Xebec Announces Closing of $28 Million Upsized Bought Deal Financing and Concurrent Block Trade

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Montreal, June 26, 2020 – Xebec Adsorption Inc. (“Xebec” or the “Corporation”) (TSXV:XBC) is pleased to announce that it has closed its previously announced upsized bought deal offering of 7,986,750 Common Shares from treasury (the “Common Shares”), which includes the full exercise of the Over-Allotment Option, at a price of $3.60 per Common Share (the…

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Xebec Announces Upsize of Previously Announced Bought Deal Financing to $25 Million and Concurrent Block Trade

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MONTREAL, June 05, 2020 — Xebec Adsorption Inc. (“Xebec” or the “Corporation”) (TSXV:XBC) is pleased to announce that in connection with its previously announced bought deal public offering of Common Shares, the Corporation and a syndicate of underwriters led by Desjardins Capital Markets (collectively the “Underwriters”) have agreed to increase the size of its previously…

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Xebec Announces $21 Million Bought Deal Public Offering of Common Shares and Concurrent Block Trade

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MONTREAL, June 04, 2020 (GLOBE NEWSWIRE) — 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 5,835,000 common shares…

GNR Québec Capital

Xebec and Fonds de solidarité FTQ launch an investment fund to increase renewable natural gas production in Quebec

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  MONTREAL, (QC), June 1st, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, and Fonds de solidarité FTQ (the “Fonds”) are proud to announce the creation of the GNR Québec Capital L.P. investment fund. With an initial capitalization of $20 million, this new investment vehicle aims to increase renewable natural gas (RNG) production…

Q1 2020 Financial Results - Xebec

Xebec Announces Q1 2020 Financial Results

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  MONTREAL (QC), May 27th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of renewable gas solutions, is pleased to announce today its 2020 first quarter results, with the following highlights: Revenues of $12.2 million in the first quarter of 2020 compared to $9.8 million for the same period in 2019, a 24% increase. Positive…

Xebec to Announce Q1 2020 Results on May 27 and Host Investor Webinar

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  MONTREAL, (QC), May 13th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, will announce its 2020 first quarter financial results on Wednesday, May 27th, 2020 before the market opens at 8:00 AM EDT, followed by a webinar at 11:00 AM EDT (8:00 AM PDT). Xebec invites shareholders, analysts,…

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Xebec Welcomes Mr. Peter Bowie as Advisor to its Board of Directors

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  MONTREAL, (QC), May 11th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce today that Mr. Peter Bowie will be providing strategic, corporate finance and audit advice to its Board of Directors and management. He will also be nominated to the company’s board of directors…

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Xebec Announces $10M Unsecured Loan Facility from Fonds de solidarité FTQ

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MONTREAL, (QC), May 6th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce that it has entered into a loan agreement (the “Agreement”) with the Fonds de solidarité FTQ (the “Fonds”), for an unsecured loan facility of $10 million. The loan facility has a term of…

Xebec Announces Q4 and Full Year 2019 Financial Results

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  MONTREAL (QC), April 15, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions announced today its 2019 fourth quarter and twelve-month period results, with the following highlights: Record revenues of $13.6 million in the fourth quarter of 2019 compared to $6.1 million for the same period in 2018, a 123% increase.…

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Xebec Provides Further Update on Global Operations – Deemed “Essential Business” by Government of Québec

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  MONTREAL, (QC), March 25th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions announced today that it has been deemed an “essential business” and will continue its regular course of operations and manufacturing in Blainville, Québec. On March 23rd, 2020, Québec Premier François Legault announced the closure of all…

Xebec Provides Update on Coronavirus Impact on Global Operations

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MONTREAL, (QC), March 16th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to provide an update on the novel coronavirus (COVID-19) impact on Xebec’s global operations. Xebec currently has operations and manufacturing capacity in three countries, which include: China, Italy, and Canada. Xebec’s manufacturing operations in…

Xebec Announces Its First Canadian Renewable Natural Gas Infrastructure Project

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Feb 18, 2020   MONTREAL, (QC), February 18th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions announced today that Xebec and Bähler Biogas Inc. (“Bähler”) have signed an agreement to develop an integrated facility to process various organic wastes for the production of renewable natural gas (RNG) and biofertilizer.…

Xebec Receives $27 Million in Orders for U.S Dairy Projects

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MONTREAL, (QC), February 12th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce today that $27.0 million in orders were received from U.S dairy farmers for a total of six turnkey biogas upgrading plants and small-scale containerized Biostream™ systems to produce Renewable Natural Gas (RNG). Five…

Xebec Welcomes Mr. Brian Levitt as Advisor to its Board of Directors

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  MONTREAL, (QC), Jan. 20th, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce today that Mr. Brian Levitt will be providing strategic, commercial and corporate finance advice to its board of directors and management. Mr. Levitt is the current Chairman of The Toronto-Dominion Bank (TD)…

Xebec Announces Closing of $23 Million Bought Deal Public Offering of Common Shares

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  Montreal, December 27, 2019 – Xebec Adsorption Inc. (“Xebec” or the “Corporation“) (TSXV:XBC) is pleased to announce it has closed its previously announced bought deal offering, including the exercise in full of the Underwriters’ over-allotment option. A total of 10,952,600 common shares of Xebec (the “Common Shares“) were sold at a price of $2.10 per…

Xebec Acquires California-Based Air and Gas Service Company

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MONTREAL, QC, December 10th, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (“Xebec”), a global provider of clean energy solutions is pleased to announce that Xebec Holding USA Inc, a wholly-owned subsidiary of Xebec Adsorption Inc., has entered into an agreement and effective December 10th, 2019, to acquire through a cash purchase all of the…

Xebec Announces $20 Million Bought Deal Public Offering of Common Shares

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  MONTREAL, Dec. 09, 2019 (GLOBE NEWSWIRE) — 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 9,524,000 common shares…

Xebec Enters California Dairy RNG Market with Maas Energy Works

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    MONTREAL, (QC), December 5, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions announced today that it signed a letter of intent on December 4th, 2019, with Maas Energy Works (“MEW”) for five Renewable Natural Gas (RNG) systems. Four of these systems will use Xebec’s innovative small-scale containerized…

Xebec Q3 2019 Results Webinar

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An investor webinar for shareholders, analysts, investors, media representatives, and other stakeholders was held on, November 12, 2019 at 11:00AM EDT (8:00AM PDT) to discuss Q3 2019 results. The webinar recording can be accessed at: https://app.livestorm.co/xebec-adsorption-inc/2019-q3-investor-webinar The presentation materials can be accessed here: https://xebecinc.com/wp-content/uploads/2020/04/Q3-2019-Investor-Webinar-Presentation-V4-compressed.pdf For more information: Xebec Adsorption Inc. Brandon Chow Investor Relations Manager +1…