Announcement • Jul 15
Bion Environmental Technologies, Inc. Announces Settlement of Fair Oaks Litigation Bion Environmental Technologies, Inc. announced it has reached an agreement to dismiss all outstanding litigation related to the construction of its Fair Oaks facility. Bion has reached a settlement with Hamstra Builders, Inc., the General Contractor for the Fair Oaks demonstration and optimization facility that was completed in July 2023. The settlement, along with a separate agreement between Hamstra and Dilling Group, a subcontractor, results in the dismissal by both parties of all mechanics liens and litigation related to the construction of the Ammonia Recovery System at Fair Oaks. The first lien was filed in March 2024 and litigation commenced in April 2025; details have been disclosed in various SEC 8-K’s, 10-Q’s and -K’s, since that time. Bion will issue Hamstra a convertible promissory note that will include a cash payment at the time of a future Bion financing and conversion of the balance into Bion common stock at the price of that financing (to be determined). Details of the note and agreement can be found in Bion’s 8-k, dated July 14, 2026. Announcement • Aug 20
Bion Environmental Technologies, Inc. Announces Promising Results from Several Growth Trials Using Its Innovative Fertilizer Products Bion Environmental Technologies, Inc. announced promising results from several growth trials using its innovative fertilizer products. Bion's nitrogen fertilizer--Liquid AB--is produced in a patented process from the ammonia and CO2 that are released when biogas is generated from organic waste. Liquid AB is ammonium carbonate/bicarbonate, a nitrogen source with a long history of use in traditional farming. It is OMRI Listed (Organic Materials Review Institute), the gold standard for use in organic farming. Bion's Liquid AB is one of an emerging class of soluble nitrogen fertilizers that are immediately available to plants and will help organic growers increase yields and profitability. A wide range of stakeholders in the organic sector have received Bion's Liquid AB for a variety of growth trials and testing. Initial trials are in three categories: Cannabis The College of Agriculture, Life and Physical Sciences at Southern Illinois University conducted an indoor trial to determine efficacy of ammonium bicarbonate as a nitrogen fertilizer for the cannabis industry. Trial results were published in the July 2025 issue of the International Journal of Plant Biology. In summary, the cannabis plants that were treated with ammonium bicarbonate As a nitrogen source were the tallest overall in the study, with enhanced vegetative growth, increased chlorophyll content, and greater plant height. Tomatoes The College of Agriculture, Life, Life and Physical Sciences atSouthern Illinois University conducted an outdoor trial using ammonium bicarbonate to supply nitrogen for tomato plants. The findings showed the plants fertilized with ammonium bicarbonates had the same level of vigor and production as those treated with conventional (synthetic) fertilizers, as well as two nitrogen fertilizer products certified for use in U.S. organic production. Milo (Sorghum) The research division of BetterFedFoods (BFF) completed Phase 1 of ailo growth trial this month. Bion's OMRI Listed Liquid AB was combined with BFF's A+, an OMRI Listed algae bio-stimulant product, and compared to a control plot. The combination resulted in outstanding growth performance. The trial is being advanced to a more expansive Phase 2 to further evaluate BFF's A+ teamed with Bion's Liquid AB. Bion has also distributed Liquid AB samples to stakeholders in the organic agriculture and consumer products, and energy sectors for testing and evaluation. These include a global chemical processor focused on innovation and sustainability, a large indoor grower of organic herbs and leafy greens, an international energy company, a global leader in organic fertilizer production and distribution, and a major supplier in the U.S. lawn and garden market. Bion Environmental Technologies' patented Ammonia Recovery System (ARS) produces advanced organic and low-carbon nitrogen fertilizers from the problematic ammonia released when biogas is generate from animal manure and other organic waste streams, like food or food/bev processing. Recovering this valuable resource, instead of allowing it to escape to the environment, prevents air and water pollution, produces clean water for reuse or discharge, and improves the economics of livestock and biogas operations. Bion's platform aligns with global trends toward circular economy models and low-impact fuels and agriculture. The company's platform aligns with global trend toward circular economy models and low -impact fuels and agriculture. The Company expects to generate in 2026. Announcement • Apr 09
Bion Environmental Technologies, Inc. Receives Summons by Dilling Group, Inc. Along with Two Other Defendants: The Hamstra Group, Inc. and North Prairie Holdings, LLC On March 31, 2025, Bion Environmental Technologies, Inc. (the Company) was served a summons by Dilling Group, Inc. (“Dilling”) along with two other defendants: The Hamstra Group, Inc. (“Hamstra”), the Company’s primary contractor and North Prairie Holdings, LLC (“NPHLLC”) the property lessor. Dilling is seeking to recover $653,915 in unpaid invoices related to the construction of Bion’s Ammonia Recovery System at Fair Oaks, Indiana. This lawsuit is related to the Notice of Intent to file a Mechanic’s Lien, that was filed March 22, 2024, and has been disclosed in public filings since that date.