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Anaergia announces strategic investment update

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Anaergia has announced that all interim conditions in respect to its previously announced equity investment of C$40.8 million (€27.9 million) have been satisfied.
Last month, Marny, through a wholly owned subsidiary, agreed to subscribe for an aggregate of 102,000,000 units of the Company at a price of C$0.40 per Unit with each Unit consisting of one subordinate voting share of the Company and 1/5 of one Subordinate Voting Share purchase warrant of the Company (each a “Warrant").
Marny has delivered a professional guarantee of payment to Anaergia guaranteeing the performance of its subsidiary's payment obligations in connection with the Strategic Investment.
Anaergia has accepted this guarantee in lieu of the requirement to deliver bank guarantees.
The Strategic Investment will close in three tranches of 34,000,000 units of the Company for gross proceeds of C$13.6 million (€9.3 million) each.
The first, second and third tranches may close no later than January 15, 2024, February 15, 2024, and March 15, 2024, respectively. The closing of the first, second and third tranches remain subject to a limited number of customary conditions.






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