Encore Announces Commencement of Fleet Emissions Engagement with Greenfoot Energy Solutions

Executive Summary

• Encore Technologies announced the start of a commercial engagement with Greenfoot Energy Solutions to track and monetize emissions reductions across Greenfoot’s vehicle fleet.
• The partnership will develop data architecture and operating frameworks for fleet‑level emissions monitoring and fuel‑use reduction, creating potential economic value from energy savings.
• Concurrently, Encore granted 565,000 stock options to directors, officers and consultants at an exercise price of $0.35 per share, exercisable over three years.

Key Details

• Engagement Scope: Definition of scope, data architecture, and operating framework for capturing vehicle‑level operational data and emissions reductions.
• Objective: Enable consistent tracking of fleet activity, reduce fuel utilization, quantify emissions cuts, and monetize the resulting energy savings.
• Target Fleet: Greenfoot’s Canada‑wide vehicle fleet supporting its energy efficiency and environmental services.
• Strategic Benefit: Provides a scalable, data‑driven approach for organizations to plan fleets, evaluate energy‑efficiency initiatives, and pursue monetization of emissions reductions.
• Quote – Greenfoot CEO: “This engagement enables us to work towards a fleet‑wide emissions tracking and emissions reduction strategy…providing a pathway to monetize those emission reductions.”
• Stock Option Grant: 565,000 options granted to certain directors, officers and consultants; exercise price $0.35 per common share; term of three years from grant date; subject to CSE policies and applicable securities laws.

Notable Quotes

• “Fleet operations are a core part of how we deliver services, and tracking and reducing emissions are becoming an increasingly important component of our fleet plans,” – Joe Godbout, CEO, Greenfoot Energy Solutions.