Birchtech Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program
12 Febbraio 2025 - 2:31PM
Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT) ("Birchtech" or the
"Company"), a leader in specialty activated carbon technologies for
sustainable air and water treatment, today announced the engagement
of international investor relations specialists MZ Group (MZ) to
lead a strategic investor relations and financial communications
program across all key markets.
MZ Group will work closely with Birchtech
management to develop and implement a comprehensive capital markets
strategy designed to increase the Company’s visibility throughout
the investment community. The initiative will highlight how
Birchtech is supporting a cleaner future for customers and their
communities through its two operating divisions, ME₂C Environmental
and WE₂C Environmental. ME₂C Environmental maintains a solid
revenue stream and expects to build significant additional revenue
momentum with its pioneering and patented mercury emissions
reduction SEA® Sorbent Technology, monetizing widespread adoption
through a successful IP enforcement strategy. WE₂C Environmental is
focused on revolutionizing water purification with advanced
activated carbon solutions with a specialization on PFAS ("forever
chemicals") removal, ensuring compliance with new EPA
regulations.
MZ has developed a distinguished reputation as a
premier resource for institutional investors, brokers, analysts,
and private investors. Lucas A. Zimmerman, Managing Director at MZ
North America, and Ian Scargill, Senior Vice President, will advise
Birchtech regarding corporate and financial communications,
including the coordination of roadshows and investment conferences
across key cities and building brand awareness with financial and
social media outlets.
To further support formal communications across
Birchtech Corp.’s multiple divisions, Stacey Hyatt has been
promoted to Corporate Communications Manager. Ms. Hyatt has worked
closely with the executive team since 2017 and will continue to
support corporate strategies while managing the company’s marketing
and communications.
Zimmerman commented: “ME₂C’s sorbent
technologies have successfully captured mercury emissions for
coal-fired utilities for more than a decade, ensuring compliance
with a lower cost, less product, and lower environmental footprint
than alternative technologies. Coal-fired power is a stable 21% of
the U.S. power output, and over 36% of the global power mix, and is
projected to remain a significant fuel source through 2050. After
the U.S. coal-fired industry adopted ME₂C’s technology outside of
patents, multiple lawsuits and settlements cleared the way for
monetization of the Company’s IP with licensing agreements.
Variations of ME₂C’s SEA® technologies are believed to be in use at
nearly 40% of U.S. coal-fired power plants.”
Scargill added: “Birchtech is now focused on
leveraging its experience and expertise in air emissions control to
do the same for water treatment. WE2C is developing a comprehensive
solution – combining world-class laboratory and consulting services
with reactivation of granular activated carbon (“GAC”) – to
effectively and affordably filter ‘forever chemicals’ and other
contaminants from the nation's drinking water, supporting federal
and state mandates imposed on potable water utilities. New
PFAS/PFOS regulations are expected to impose significant financial
burdens on U.S. water utilities, amounting to over $1.5 billion in
expected annual compliance costs. WE2C adds a compelling
incremental opportunity to Birchtech for our network of
institutional investors and family offices worldwide.”
Richard MacPherson, Chief Executive Officer of
Birchtech, added: “Our ME₂C core business line continues to drive
robust revenues with gross margins in the mid-30% range, with
significant upside potential from our successful post-trial
outreach program, converting adopters of our technology to
licensees or product supply customers. For WE2C, we are developing
a superior activated carbon technology with expected completion by
end of 2025, and have launched new R&D “design centers” geared
toward enhancing research capabilities, optimizing water treatment
processes, and supporting the continued development of activated
carbon technologies.
“Under MZ’s guidance and support, we seek to
gain a diversified base of long-term institutional shareholders as
we intend to pursue a listing onto a major U.S. exchange. Having
built a close relationship with MZ over the years, we look forward
to working with Greg, Lucas, Ian and the entire MZ team as we
strive to deliver sustainable, long-term value to our
shareholders,” concluded MacPherson.
For more information on Birchtech, please visit
the Company’s website at www.birchtech.com. To schedule
a conference call with management, please email your request to
BCHT@mzgroup.us or call Lucas Zimmerman at 949-259-4987.
About MZ Group
MZ North America is the US division of MZ Group,
a global leader in investor relations with over 250 employees, 800
clients across 12 different exchanges. For over 25 years, MZ has
implemented award winning programs and developed a reputation for
delivering tangible results for public and private companies via
strategic communications, industry-leading investor outreach,
public relations, a market intelligence desk, and a suite of
technology solutions, spanning websites, conference
call/webcasting, video production and XBRL/Edgar filing services.
MZ maintains a global footprint with professionals located
throughout every time zone in North America, as well as Taipei and
São Paulo. For more information, please visit www.mzgroup.us.
About Birchtech Corp.
Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT)
is a leader in specialty activated carbon technologies, delivering
innovative solutions for air and water purification to support a
cleaner, more sustainable future. The Company operates two
divisions: ME2C Environmental, a pioneer of SEA® sorbent
technologies for mercury emissions capture to the coal-fired
utility sector, and WE2C Environmental, dedicated to developing
disruptive water purification technologies with a specialization on
forever chemicals such as PFAS and PFOS. Backed by a strong
intellectual property portfolio and a world-class team of activated
carbon experts, Birchtech provides cleaner air to North American
communities and is applying this expertise to a novel approach in
water purification. To learn more, please visit
www.birchtech.com.
Safe Harbor Statement
With the exception of historical information
contained in this press release, content herein may contain
"forward-looking statements" that are made pursuant to the Safe
Harbor Provisions of the U.S. Private Securities Litigation Reform
Act of 1995 or forward-looking information under applicable
Canadian securities laws (collectively, "forward-looking
statements"). Forward-looking statements are generally identified
by using words such as "anticipate," "believe," "plan," "expect,"
"intend," "will," and similar expressions, but these words are not
the exclusive means of identifying forward-looking statements.
Forward-looking statements in this release include statements
relating to expected developments and growth in Birchtech’s
business. These statements are based on management’s current
expectations and are subject to uncertainty and changes in
circumstances. Investors are cautioned that forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from the statements made. In addition,
this release contains time-sensitive information that reflects
management’s best analysis only as of the date of this release.
Birchtech does not undertake any obligation to publicly update or
revise any forward-looking statements to reflect future events,
information or circumstances that arise after the date of this
release. Further information concerning issues that could
materially affect financial performance or other forward-looking
statements contained in this release can be found in Birchtech’s
periodic filings with the Securities and Exchange Commission or
Canadian securities regulators.
Investor Relations Contact:Lucas A.
ZimmermanManaging DirectorMZ Group - MZ North America(949)
259-4987BCHT@mzgroup.us www.mzgroup.us
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