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Acceleware Receives $2 Million in Non-Dilutive Funding from Clean Resource Innovation Network Acceleware Ltd. has been awarded up to $2 million in non-dilutive grant funding from the Clean Resource Innovation Network under its Accelerating Cleantech Innovation Competition. The grant will support deployment of RF XL 2.0 in a heavy oil reservoir in the Saskatchewan Mannville Stack, with funding applied to eligible project costs from January 1, 2026 to September 30, 2027. The program is funded by Canada's Strategic Innovation Fund. Funding is conditional on execution of an Ultimate Recipient Agreement with Clean Resource Innovation Network and securing the remaining project funding. The objective of the Project is to demonstrate that RF XL 2.0 can help unlock bypassed heavy oil resources in Canada, by effectively and economically heating a heavy oil reservoir and materially increasing production relative to primary conventional production. As an all-electric heating technology, RF XL 2.0 has the potential to produce heavy oil that is too viscous to produce conventionally and it can also be a low emission alternative to other methods. The Project builds on learnings from Acceleware's previous RF XL deployment at Marwayne, Alberta, guiding both the technical approach and execution strategy. RF XL 2.0 is the first of several electrification of industrial heating applications that Acceleware is commercializing with Clean Tech Inverter, including mineral processing and carbon capture. 공시 • Apr 01
Acceleware Ltd., Annual General Meeting, May 29, 2026 Acceleware Ltd., Annual General Meeting, May 29, 2026. Location: alberta, calgary Canada 공시 • Sep 15
Acceleware Ltd. Announces Board Changes, Effective September 12, 2025 Acceleware Ltd. announced the appointment of three senior executive advisors to Acceleware’s advisory board (“Advisory Board”). The Company is also announcing a grant of options to the members of the Advisory Board, and certain members of the Acceleware’s board of directors. Effective September 12, 2025, Acceleware welcomes Juan Benitez, Jason de Jong and Ryan Cross to its Advisory Board joining returning members Cal Coulter, Sean David and Don Verdonck. John Howard, Jeff Reading and Chad Robinson have stepped down from the Advisory Board after several years of valued counsel but will remain available to support a smooth transition. Juan Benitez, P. Eng., MBA, has served as a Venture Partner at BDC Capital and as an Executive Business Advisor with Alberta Innovates. He spent six years at Cenovus Energy, where he co-founded Evok Innovations and managed the Cenovus corporate venture capital fund portfolio. He brings extensive experience in building strategic partnerships and advancing technology commercialization to address environmental and economic challenges in the energy sector. Jason de Jong, MBA, has been focused on the intersection of thermodynamics, economics and public policy. Jason has been working in the Canadian Energy Industry since 1995, consulting as an Energy Resource Project Developer since 2004, and pursuing advancement of energy decarbonization systems since 2016. His development experience spans conventional oil and gas production, thermal heavy oil recovery including greenfield and brownfield SAGD projects, combined steam and power generation, gas processing, hydrogen production, and technology evaluation and demonstration. Ryan Cross, C.E.T., PMP, MBA, is a senior executive with more than 30 years of hands-on experience in energy and clean technology. He has led operations, commercialization, and business development efforts in carbon capture, renewables, and emerging energy technologies globally. Ryan excels at advancing innovations from development to deployment. 공시 • Jul 02
Acceleware Ltd. announced that it expects to receive CAD 1.5 million in funding Acceleware Ltd. announced a non-brokered private placement to issue 15,000,000 units at an issue price of CAD 0.10 per unit for gross proceeds of CAD 1,500,000 on June 30, 2025. Each unit will consist of one common share and one common share purchase warrant. Each warrant entitle the holder to acquire one common share at CAD 0.20 for a period of twenty four months from the date of issuance of the warrant. The private placement is expected to close on or about July 22, 2025. Completion of the private placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including the approval of the TSX Venture Exchange. The common shares, warrants and common shares underlying the warrants will be subject to a four month plus one day hold period in accordance with securities legislation. 공시 • Jun 05
Acceleware Ltd. Announces Board Changes Acceleware Ltd. announced the strategic appointment of two seasoned energy executives to the Board of Directors, and that two original members of the Board are stepping down. The new Board appointees, with their significant industry experience and knowledge, will be instrumental in assisting management in implementing a new strategic plan. The Company announces the appointment of Peter (Pete) Sametz P. Eng. ICD.D as Executive Chairman of the Board of Directors and the appointment to the Board of Merle Johnson P. Eng. MBA, ICD.D, both effective June 3, 2025. Mr. Bohdan (Don) Romaniuk, Chairman of the Board, and Dr. Peter Neweduk, Director, have stepped down from the Board after over 19 years of service. Mr. Sametz and Mr. Johnson, whose appointments will fill the vacancies left by Mr. Romaniuk and Dr. Neweduk, will both also serve on the audit committee, with Mr. Johnson appointed as Chair of the Audit Committee. Both Mr. Romaniuk and Dr. Neweduk will remain available to provide support and knowledge transfer for as long as is required to ensure an efficient Board transition. Mr. Sametz’ past several years have focused on change management and corporate restructuring. He has extensive experience in the energy sector at both the senior executive and board levels, managing growth from startup to intermediate status. He is recognized as a leader in innovation and an advocate for environmental responsibility in the energy industry. He has been a director of four public companies, as well as a volunteer in the community and with industry organizations. Mr. Johnson was the CEO of Connacher Oil and Gas from late 2015 up until his 2024 retirement and was the longest serving executive in the company’s history. Prior to Connacher, Mr. Johnson worked for EnCana (now Cenovus) on its Christina Lake and Senlac Projects and for IMC Global (now The Mosaic Company) at Belle Plaine. Belle Plaine’s potash solution mining technique was the inspiration for SAGD technology. Mr. Johnson is a member of the Metis Nation of Alberta. The appointments of Mr. Sametz and Mr. Johnson remain conditional on TSX Venture Exchange review pursuant to Policy 3.1. 공시 • Mar 25
Acceleware Ltd., Annual General Meeting, May 22, 2025 Acceleware Ltd., Annual General Meeting, May 22, 2025. Location: alberta, calgary Canada