RCS - Active Energy Group - Award of Canadian Trademark

Active EnergyAnnouncement

03/03/2023 07:00

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RNS Number : 7431R  Active Energy Group PLC  03 March 2023

Reach announcement

 

03 March 2023

 

Active Energy Group Plc

("Active Energy", "AEG", or the "Company")

 

Award of Canadian Trademark

 

Active Energy (AIM:AEG, OTCQB:ATGVF), the international biomass based
renewable energy business, is pleased to announce it has received a trademark
for the registration of CoalSwitch® in Canada.

 

The Canadian Patent and Trademark Office has issued Trademark Registration No.
1166376 for CoalSwitch® (the "Trademark"). The Canadian Trademark is an
important step for AEG as it grows its intellectual property portfolio
alongside the continued development of its CoalSwitch® technology.

 

AEG's next generation biomass technology, CoalSwitch®, has been shown to
reduce CO(2) emissions by up to 99 per cent. compared to coal and up to 97 per
cent. compared to natural gas in an independent report from Life Cycle
Associates. This is in addition to independent testing carried out under the
STEP programme that showed this fuel can readily co-fire with coal and in
doing so significantly reduce emissions and produces fewer pollutants.

 

This Trademark builds on the recent award of trademarks by the United States
Patent and Trademark Office and the UK Intellectual Property Office in
February 2023. AEG has also renewed its Chain of Custody (CoC) and Controlled
Wood certifications that are compliant with Forest Stewardship Council® (FSC)
standards for CoalSwitch® confirming that it only uses forest-based materials
from responsible sources and that all AEG's suppliers have committed to the
strictest standards of forest management.

 

Michael Rowan, CEO of Active Energy, commented: "We are delighted to have
been awarded the Trademark in Canada following the recent award of trademarks
in the UK and US. We are focused on protecting and growing our intellectual
property portfolio as we deliver on our strategy of producing a next
generation biomass pellet."

 

Enquiries:

 Active Energy Group Plc        Michael Rowan (Chief Executive Officer)                                 info@aegplc.com

                                Michelle Fagan (Chief Financial Officer)
 Allenby Capital Limited        Nick Naylor/James Reeve/Daniel Dearden-Williams (Corporate Finance)   Office: +44 (0)20 3328 5656

 Nominated Adviser and Broker   Amrit Nahal (Sales/Corporate Broking)
 Camarco                        Tom Huddart / Emily Hall / Lily Pettifar                              aeg@camarco.co.uk (mailto:aeg@camarco.co.uk)

 Financial PR Adviser                                                                                 Office: +44 (0)20 3757 4980
 Scoville PR                    John Williams                                                         aeg@camarco.co.uk

 US PR Adviser

 

 Website         LinkedIn                                Twitter
 www.aegplc.com  www.linkedin.com/company/activeenergy   https://twitter.com/aegplc (https://twitter.com/aegplc)

                                                        @aegplc

 

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