~Greenlane announces resignation of
Lynda Freeman as CFO to spend time
with family~
VANCOUVER, BC, April 4,
2022 /CNW/ - Greenlane Renewables Inc.
("Greenlane") (TSX: GRN) (FSE: 52G) today announced that
Lynda Freeman, Chief Financial
Officer ("CFO"), has provided notice to resign her position as CFO
effective the end of June to pursue time with family. The Company
has begun the process of seeking a successor. Ms. Freeman will
continue on a full-time basis until June
30th to support this transition, and expects to remain on a
part time basis in an alternate role after June 30th.
"We support Lynda in her decision to spend additional time with
her family but will miss her as a member of the leadership team at
Greenlane," commented Brad Douville,
President and CEO of Greenlane. "She helped us grow and build the
business over the past few years and during her time she developed
a talented finance and accounting team. Lynda will continue to work
with Greenlane to assist in the recruitment process of a new
CFO."
"This was an incredibly difficult, but necessary, decision for
me and my family," said Lynda
Freeman, CFO of Greenlane. "I have thoroughly enjoyed my
time as CFO but I have decided to focus on my young family at this
time. I look forward to continuing to work with Greenlane and its
talented team."
About Greenlane Renewables
Greenlane Renewables is a
pioneer in the rapidly growing renewable natural gas ("RNG")
industry. As a leading global provider of biogas upgrading systems,
we are helping to clean up two of the largest and most
difficult-to-decarbonize sectors of the global energy system: the
natural gas grid and the commercial transportation sector. Our
systems produce clean, low-carbon and carbon-negative RNG from
organic waste sources such as landfills, wastewater treatment
plants, dairy farms, and food waste streams. Greenlane is the only
biogas upgrading company offering the three main technologies:
waterwash, pressure swing adsorption, and membrane separation and
has over 30 years industry experience, patented proprietary
technology, over 100 hydrogen sulfide treatment systems sold, and
over 135 biogas upgrading systems sold into 19 countries, including
many of the largest RNG production facilities in the world. For
further information, please visit www.greenlanerenewables.com.
FORWARD LOOKING INFORMATION – This news release contains
"forward-looking information" within the meaning of applicable
securities laws. All statements contained herein that are not
historical in nature contain forward-looking information.
Forward-looking information can be identified by words or phrases
such as "may", "is expected", "likely", "should", "will", "plan",
"anticipate", "intend", "potential", "proposed", "estimate",
"believe" or the negative of these terms, or other similar words,
expressions and grammatical variations thereof, or statements that
certain events or conditions "may" or "will" happen. In particular,
this news release contains forward looking information relating to
the resignation of the CFO, the Company's plans to hire a new CFO,
the resigning CFO's intentions to continue full time until
June 30th to support transition and
to work part time in an alternate role after that . While
management considers these expectations to be reasonable based on
information currently available to management, there is no
assurance that such expectations will prove to be correct. By their
nature, forward-looking information is subject to inherent risks
and uncertainties that may be general or specific and which give
rise to the possibility that expectations, predictions, projections
or conclusions will not prove to be accurate, that assumptions may
not be correct and that intentions will not become actions and
priorities will not be achieved. A variety of factors, including
known and unknown risks, many of which are beyond the Company's
control, could cause actual results to differ materially from the
forward-looking information in this press release. Such factors
include, without limitation, risks identified in the Company's
annual information form and in other documents filed with Canadian
securities regulatory authorities on the Company's SEDAR profile at
www.sedar.com. Readers are cautioned not to put undue reliance on
forward-looking information. Actual results may differ
materially from those anticipated. The Company undertakes no
obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable law. Forward-looking statements
contained in this news release are expressly qualified by this
cautionary statement.
SOURCE Greenlane Renewables Inc.