~New Director brings an extensive finance, strategy and M&A background from the natural gas vehicle technology industry~
Vancouver, British Columbia, Canada – July 22, 2020 Greenlane Renewables Inc. (“Greenlane” or the “Company”) (TSXV: GRN) is pleased to announce the appointment of Ms. Elaine Wong, CPA, CA to its Board of Directors, effective July 21, 2020. Ms. Wong is currently President, Pine Street Ventures Ltd. and is a seasoned executive with over 25 years of experience in accounting, finance and operations in fast growing companies. She spent 13 years with Westport Fuel Systems, a publicly listed (Nasdaq & TSX) clean technology company with a global presence, holding various senior positions including Chief Financial Officer and Executive Vice-President, Strategic Development, responsible for strategy and mergers and acquisitions. Prior to Westport, Elaine was with ISM-BC, an information technology joint venture owned by IBM and TELUS, where she was Corporate Controller and then Director of Corporate Performance responsible for financial reporting and analysis. Named one of Canada’s Top 100 Most Powerful Women in 2010, Ms. Wong earned her Chartered Accountant designation in 1993 while working with KPMG and is also a Certified Public Accountant (Illinois). She holds a Bachelor of Commerce (Honours) degree from the University of British Columbia.
“Elaine’s industry and accomplished financial expertise is a tremendous asset to Greenlane and the board of directors,” said Wade Nesmith, Chairman of Greenlane Renewables. “Elaine’s intimate knowledge and history within the natural gas vehicle space makes her a great fit for Greenlane while her financial acumen will help strengthen the board’s audit committee. I have known Elaine for many years and am very pleased to have her join our team.”
About Greenlane Renewables
Greenlane is cleaning up the two largest and most difficult-to-decarbonize sectors of the global energy system: the natural gas grid and the transportation sector. As a leading global provider of biogas upgrading systems, Greenlane’s solutions create clean, low-carbon-footprint renewable natural gas (RNG), suitable for injection into the natural gas grid and for direct use as vehicle fuel. Our systems, marketed and sold under the Greenlane Biogas™ brand, remove impurities and separate carbon dioxide from biomethane in the raw biogas created from organic waste at landfills, wastewater treatment plants, farms and food waste facilities. With multiple core technologies, more than 100 installations in 18 countries and counting, and 30+ years’ experience, Greenlane finds the right solution, whatever the specific project requirements. Whether we’re working with waste producers, gas utilities, or project developers, we’re doing more with biogas, helping to turn a low-value product into a high-value renewable resource. For further information, please visit www.greenlanerenewables.com
For more information please contact:
Incite Capital Markets
Eric Negraeff / Darren Seed
Greenlane Renewables Inc.
Brad Douville, President & CEO,