AQUILA HOLDINGS ASA Oslo ,9 November 2021 Carbon Transition (the "Company") is pleased to announce the appointment ofWayne Thomson as Strategic Advisor in the carbon capture area for the Company.Mr. Thomson's career spans more than 45 years internationally with focus on the oil and gas industry and more recently the carbon capture technology area. Most recently and up until 2021,Mr. Thomson was Chairman ofSvante Inc. , the Canadian carbon capture technology company.Mr. Thomson was Chairman in a key period ofSvante Inc's development and growth stage between 2015 and 2021, and also held the position as Executive Chairman for a period. «We are very pleased to have securedWayne Thomson as a strategic advisor forCarbon Transition . His vast international industrial and corporate development experience, will be a very valuable asset forCarbon Transition to utilise going forward. His most recent experience from being Chairman forSvante Inc. , the carbon capture technology company, is very attractive forCarbon Transition in our focus on investments in the carbon capture and reduction area going forward,» says Gisle Grønlie, Chairman of theBoard for Carbon Transition . "I am looking forward to my involvement withCarbon Transition . There are very attractive investment opportunities available in technology during this very necessary carbon transition period. We must meet our energy needs at reasonable cost while reducing our carbon footprint," statedWayne Thomson .Mr. Thomson also has been on the board of directors in companies like Cenovus, Encana,andMaha Energy (Chairman), to name some of his directorships.Mr. Thomson also served as President ofPetrocorp Exploration Limited (Fletcher Challenge) inNew Zealand , Vice President Production ofAEC Oil and Gas , as well as the Chief Reservoir Engineer ofMaersk Oil and Gas inDenmark to name some of his work experiences. For further information, please contact: Gisle Grønlie, Chairman of the Board gisle.gronlie@magnoraasa.com +47 917 51 194Nils Haugestad , CFO nils.haugestad@carbn.no +47 977 04 439 AboutCarbon Transition ASA Carbon Transition ASA ("CARBN") is an investment company listed on Euronext Expand. CARBN has a strategy to invest in companies and technologies which contribute to significant reductions of carbon emissions. The company may also invest more broadly in the "energy transition" space. CARBN has a legacy seismic business operating under the nameAxxis Geo Solutions , with both an ocean-bottom seismic contract business and a multi-client data library. More information on www.axxisgeo.com This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Click here for more information
© Oslo Bors ASA, source
