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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

EverGen Provides Update on Facilities Located in Flooded Areas in the Abbotsford and Sumas Prairie Regions

November 18, 2021 GMT

VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov 17, 2021--

EverGen Infrastructure Corp. (TSXV: EVGN) (“ EverGen ” or the “ Company ”) is providing an update with respect to severe flooding that has occurred in the Abbotsford and Sumas Prairie regions. The Company does not expect a material impact to its business as a result of flooding surrounding its Fraser Valley Biogas (“ FVB ”) facility or its Net Zero Waste Abbotsford (“ NZWA ”) facility at this time.

The Company confirms that as of the time of this press release, the areas surrounding EverGen’s FVB facility have been subject to an evacuation order and as a result, the FVB facility has been temporarily shut down. The Company’s NZWA facility remains in operation.

EverGen confirms that the employees from both FVB and NZWA remain accounted for and safe.

EverGen continues to monitor the situation in the Abbotsford and Sumas Prairie regions to ensure employee safety and project security for both facilities, and to determine and assess damage to its property or assets.

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EverGen is committed to supporting the residents of Abbotsford as well as the farming community in working through these challenging times.

About EverGen Infrastructure Corp.

EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future, starting on the West Coast. Incorporated in 2020, EverGen is now established to acquire, develop, build, own and operate a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on British Columbia, with continued growth expected across other regions in North America.

For more information about EverGen Infrastructure Corp. and our projects, please visit www.evergeninfra.com.

Forward-Looking Information

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This news release contains forward-looking statements and/or forward-looking information (collectively, “forward looking statements”) within the meaning of applicable securities laws. When used in this release, such words as “would”, “will”, “anticipates”, “believes”, “explores” and similar expressions, as they relate to EverGen, or its management, are intended to identify such forward-looking statements. Such forward-looking statements reflect the current views of EverGen with respect to future events, and are subject to certain risks, uncertainties and assumptions. Forward looking statements in this press release include statements relating to EverGen’s continuing monitoring of the flooding situation in the Abbotsford and Sumas Prairie regions to determine and assess damage to its property or assets. Many factors could cause EverGen’s actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including but not limited to EverGen’s ability to access the FVB and NZWA facilities and assess the impact and materiality of any related damage due to the uncertainty of the flooding situation, which may be beyond the control of EverGen. Forward-looking statements included in this news release should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such forward looking statements.

The forward-looking statements contained in this release are made as of the date of this release, and except as may be expressly required by law, EverGen disclaims any intent, obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

EverGen’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits EverGen will derive therefrom.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211117006443/en/

CONTACT: EverGen Investor Contact

Kelly Castledine

416-576-8158

kelly@evergeninfra.com

EverGen Media Contact

Katie Reiach

604.614.5283

katie@talkshopmedia.com

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY OIL/GAS

SOURCE: EverGen Infrastructure Corp.

Copyright Business Wire 2021.

PUB: 11/17/2021 11:06 PM/DISC: 11/17/2021 11:06 PM

http://www.businesswire.com/news/home/20211117006443/en