Svante & MLTC Partnership Agrees To Sell Microsoft 626,000 Tonnes Of Carbon Removal Credits

April 6 (Reuters) - Svante Technologies Inc.:

• SVANTE & MEADOW LAKE TRIBAL COUNCIL PARTNERSHIP AGREES TO SELL MICROSOFT 626,000 TONNES OF CARBON REMOVAL CREDITS

• SVANTE TECHNOLOGIES: PROJECT BEING DEVELOPED THROUGH PARTNERSHIP BETWEEN MLTC & CO, TO BE CO-LOCATED AT MLTC BIOENERGY CENTRE IN MEADOW LAKE

• SVANTE TECHNOLOGIES: AS PART OF PROJECT, NEW CARBON CAPTURE PLANT WILL BE ESTABLISHED AT MLTC BIOENERGY CENTRE

• SVANTE TECHNOLOGIES: TO PROVIDE ALL FUNDING REQUIRED UNTIL DECISION MADE TO START CONSTRUCTION; COMMERCIAL OPERATION PLANNED FOR EARLY 2029