– Ms. Elford brings over 20 years of capital markets, cleantech and hydrogen experience –
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 also served as a director of Hydrogenics Corp., a PEM fuel cell and electrolysis company, recently acquired by Cummins Inc. Ms. Elford sat on the audit and governance committees at Hydrogenics and also served on the special committee for its acquisition.
“I am very excited to bring my decades of experience in capital markets and cleantech to the Xebec team. The world is at a critical point where companies such as Xebec will play an important role in transitioning us to a sustainable and clean energy future. I’m happy to support this mission and my hope is that the insights I’ve gathered from serving on different boards over the years will be valuable to the team,” says Sara Elford.
Ms. Elford served on the board of several other formerly TSX listed companies including Carmanah Technologies (solar LED technology company taken private), TSO3 Inc. (medical device sterilization technology company acquired by Stryker Corporation), and Pure Technologies Ltd. (pipeline leak detection company acquired by Xylem Inc.).
Ms. Elford worked in capital markets for over twenty years as both an investment banking and equity research analyst. As a result, she followed an extensive range of industries and companies in the small to mid cap range and alternative energy space. Ms. Elford is a CFA Charter holder and a graduate of Bishop’s University with a Finance Major and Economics Minor. She also completed the directors’ education program with the ICD in 2015.
“I am very happy to welcome Sara to Xebec’s Board. With her insights and exposure to a wide range of industries, especially clean technologies and hydrogen, she will be able to greatly contribute to our Board work. As hydrogen will become a more important part of Xebec’s business her industry experience in this field will be extremely valuable and helpful. We’re honoured to have Sara join the Board of Xebec and the Board and I look forward working with her,” states Kurt Sorschak, Chairman, President and CEO, Xebec Adsorption Inc.
For more information:
Xebec Adsorption Inc.
Brandon Chow, Investor Relations Manager
+1 450.979.8700 ext 5762
About Xebec Adsorption Inc.
Xebec is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Well-positioned in the energy transition space with proprietary technologies that transform raw gases into clean sources of renewable energy, Xebec’s 1500+ customers range from small to multi-national corporations, governments and municipalities looking to reduce their carbon footprints. Headquartered in Montréal, Quebec, Canada, Xebec has several Sales and Support offices in North America and Europe, as well as two manufacturing facilities in Montréal and Shanghai. Xebec trades on the TSX Venture Exchange under the symbol XBC. For more information, www.xebecinc.com.
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