CHAR Tech CEO Andrew White Named a 2025 Changemaker by The Globe and Mail

/EIN News/ -- TORONTO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or “the Company”) (TSXV:YES), a leader in sustainable energy solutions, is proud to announce that its Founder and CEO, Andrew White, has been named a 2025 Changemaker by The Globe and Mail for his transformative work in decarbonizing the steel industry.

White was recognized for leading the development of CHAR Tech’s high-temperature pyrolysis process, which transforms forestry waste into biocoal—a renewable alternative to metallurgical coal used in steel production. This innovation significantly reduces greenhouse gas emissions in one of the most carbon-intensive industries worldwide, contributing to global sustainability and net-zero commitments.

“This recognition from The Globe and Mail is an incredible honor and a testament to the hard work of our entire team,” said White. “As the world transitions to cleaner technologies, our goal is to provide immediate, scalable solutions that help industries reduce their carbon footprint today while paving the way for future innovation.”

About The Globe and Mail Changemakers

The Globe and Mail’s “Changemakers” editorial awards program showcases emerging Canadian business leaders who are proactive, results-oriented, and making a significant impact within their business or organization.

The Changemakers awards program is for young leaders with less than 10 years of experience of professional experience who have developed a new and commercial idea that fills a gap in their industry. This includes entrepreneurs, academics, strategists, and intrapreneurs, that have led an idea or initiative in their company which has had a major impact on the company's bottom line or overall strategy.

This program recognizes young leaders with less than 10 years of professional experience who have developed and commercialized innovative ideas that fulfill industry demands. Recipients include entrepreneurs, academics, strategists, and intrapreneurs whose initiatives have driven measurable growth or enhanced overall company strategy.

About CHAR Tech

CHAR Tech (TSXV:YES) first-in-kind high temperature pyrolysis (HTP) technology processes unmerchantable wood and organic wastes to simultaneously generate two renewable energy revenue streams, renewable natural gas (RNG) or green hydrogen and a solid biocarbon that is a carbon neutral drop-in replacement for metallurgical steel making coal.

CHAR’s HTP is an ideal waste to energy solution that aligns with the global green energy transition by diverting waste from landfills and generating sustainable clean energy to decarbonize heavy industry.

Website: www.chartechnologies.com

For further information, please contact:

Andrew White Chief Executive Officer CHAR Technologies Ltd. E: andrew.white@chartechnologies.com T: 866 521-3654

Galen Cranston Director of Stakeholder Relations CHAR Technologies Ltd. E: gcranston@chartechnologies.com T: 647-546-5633

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this news release.

Forward-Looking Statements

Statements contained in this press release contain “forward-looking information” within the meaning of Canadian securities laws (“forward-looking statements”) about CHAR and its business and operations. The words "may", "would", "will", "intend", "anticipate", "expect" and similar expressions as they relate to CHAR, are intended to identify forward-looking information. Forward-looking statements include, but are not limited to, statements relating to the Offering, the anticipated benefits of, and rationale for, the Offering, statements regarding the intended use of proceeds of the Offering, expectations regarding the offtake agreement, future plans, operations and activities, expectations regarding the scale up of production, the anticipated development of additional project sites on an expedited basis, and other statements that are not historical facts. Such statements reflect CHAR’s current views and ‎intentions with respect to future events, and current information available to CHAR, and are subject to ‎certain risks, uncertainties and assumptions, including, among others, the timing and ability of CHAR to obtain final approval of the Offering from the TSX Venture Exchange and those risk factors discussed or referred to in CHAR’s disclosure documents filed with the securities regulatory authorities in certain provinces of Canada, including the Management Discussion & Analysis dated January 28th, 2025 for the fiscal year ended September 30, 2024, and available under CHAR’s profile on www.sedar.com. Any such forward-looking information is expressly qualified in its ‎entirety by this cautionary statement. Moreover, CHAR does not assume responsibility for the accuracy or ‎completeness of such forward-looking information. The forward-looking information included in this press release ‎is made as of the date of this press release and CHAR undertakes no obligation to publicly update or revise ‎any forward-looking information, other than as required by applicable law.